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What is 'Pawn Your Diamond'?
'Pawn Your Diamond' offers the community information
about the Fortune 500 companies.
Why the name?
The aim behind our name is to give young
entrepreneurs the incentive to start from scratch with
the hope that this small money they got from pawning a
diamond they had aside, grows and flourishes into a
multi billion dollar corporation.
Too dreamy?
Simply NOT. Such famous corporations did not exist
forever. Each and every foundation did start somewhere
and usually had one or a few founding members. So grab
the general concept and work hard!
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Fortune 500 - Spot Number 151
Company Information
Name: Dominion Resources
Industry: Misc. Financial Services
Description: Dominion Resources, Inc. is a fully integrated gas and electric holding company. Dominion has evolved from a utility holding company principally engaged in the production and sale of electric power, to a fully integrated electric and natural gas utility serving wholesale and retail markets in the Midwest, Northeast, and Mid-Atlantic portions of the United States. The Company owns Millstone Power Station, a nuclear power station, and Louis Dreyfus Natural Gas Corp., a natural gas and oil exploration and production company. Dominion manages its operations along three primary business lines that integrate its electric and gas services. These are Dominion Energy, Dominion Delivery and Dominion Exploration & Production.
Financial Summary: Dominion Resources Black Warrior Trust is a grantor trust formed to acquire and hold certain overriding royalty interests burdening proved natural gas properties located in Pottsville coal formation of the Black Warrior Basin, Tuscaloosa County, Alabama. For the 6 months ended 6/30/05, revenues rose 25% to $14.1M. Distributable income rose 26% to $13.5M. Results reflect the increase in natural gas prices due to domestic demand and seasonal temperatures.
Business Summary: Dominion Resources Black Warrior Trust (the Trust) was created to hold the overriding royalty interests (Royalty Interests) conveyed by Dominion Black Warrior Basin, Inc. (the Company). The Royalty Interests generally entitle the Trust to receive 65% of the Company's Gross Proceeds from the latter's interest in natural gas properties in the Black Warrior Basin, Tuscaloosa County, Alabama (Underlying Properties). The Royalty Interests are non-operating interests and bear only expenses related to property, production and related taxes (including severance taxes). The Underlying Properties are located in Black Warrior Basin, Tuscoloosa County, Alabama.
Misc Details
Symbol: D
City: Richmond
State: VA
ZIP Code: 23219
Address: 120 Tredegar Street
Phone: 804-819-2000
Fax: 804-775-5819
Website: N/Ahttp://N/A
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