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Dominion Resources

Industry: Financial Services

Fortune Rank: 153

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.

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.

Dominion Resources

Dominion Resources is a Fortune 500 company. In 2010 Dominion Resources was ranked number 153 on the Fortune 500 list, making it the 153rd largest company in the United States when judged by revenue.

Dominion Resources achieved revenue of $15,131.00 million in 2010 and earned a profit of $1,287.00 million.

Dominion Resources' rank improves

The company ranking improved in 2010, moving up the Fortune 500 list to 153rd compared to 157th in 2009. This was based on its 2009 revenue of $16,290 million (a change of -1 million compared to 2010) and profits of $1,834 million (a change of $0 million compared to 2009).

Another point of view

To many investors, profits are more important than the revenue a company earns. If the Fortune 500 was ranked by profits instead of revenue then Dominion Resources would be ranked 101st rather than 153rd due to its profits of $1,287 in 2010.

* US$ Million

• Address
  • Dominion Resources
    120 Tredegar Street
    Richmond
    VA
    23219
• Contact Details
  • Phone: 804-819-2000
  • Fax: 804-775-5819
  • Website: www.dom.com/
  • Stock Symbol: D

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