Energy provider Dominion posts 4Q profit

Published January 31, 2014 3:45pm ET



RICHMOND, Va. (AP) — Dominion Resources is profitable again in the fourth quarter on gains from its power generation and electric service businesses and as it distanced itself from hefty charges related to the sale of certain power stations.

The Richmond, Va., energy provider on Friday posted earnings of $431 million, or 74 cents per share. That compares with a loss of $659 million, or $1.15 cents per share, a year ago.

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