ED — what changed in the latest 10-Q
A section-by-section comparison of ED's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-05-07 vs the prior 10-Q · 2025-11-06
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +78 | −136 | ~65 | 93 |
| Market risk (Item 3) | Text added/removed | +78 | −136 | ~65 | 92 |
| Controls & procedures | Text added/removed | +78 | −136 | ~65 | 92 |
| Legal proceedings | Text added/removed | +78 | −136 | ~65 | 92 |
| Risk factors | Some risk factors updated | +78 | −136 | ~65 | 92 |
| Other information | Text added/removed | +235 | −1 | 0 | 0 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-05-07
•artificial intelligence is an emerging area of technology that has the potential to impact various aspects of the Companies' business operations and customer interactions;
Gain on sale of interest in Mountain Valley Pipeline, LLC189—
Allowance for borrowed funds used during construction(18)(18)
AVERAGE NUMBER OF SHARES OUTSTANDING—BASIC (IN MILLIONS)363.0350.1
Pension and other postretirement benefit plan liability adjustments, net of taxes(3)(12)
Text removed vs the prior filing · source: 10-Q · 2025-11-06
For the Three Months Ended September 30,For the Nine Months Ended September 30,
INCOME BEFORE INTEREST AND INCOME TAX EXPENSE1,1991,0273,1412,700
Allowance for borrowed funds used during construction(14)(16)(49)(45)
AVERAGE NUMBER OF SHARES OUTSTANDING—DILUTED (IN MILLIONS)361.9347.5357.6347.2
Three Months Ended September 30,Nine Months Ended September 30,
Market risk (Item 3)
Text added vs the prior filing · source: 10-Q · 2026-05-07
•artificial intelligence is an emerging area of technology that has the potential to impact various aspects of the Companies' business operations and customer interactions;
Gain on sale of interest in Mountain Valley Pipeline, LLC189—
Allowance for borrowed funds used during construction(18)(18)
AVERAGE NUMBER OF SHARES OUTSTANDING—BASIC (IN MILLIONS)363.0350.1
Pension and other postretirement benefit plan liability adjustments, net of taxes(3)(12)
Text removed vs the prior filing · source: 10-Q · 2025-11-06
For the Three Months Ended September 30,For the Nine Months Ended September 30,
INCOME BEFORE INTEREST AND INCOME TAX EXPENSE1,1991,0273,1412,700
Allowance for borrowed funds used during construction(14)(16)(49)(45)
AVERAGE NUMBER OF SHARES OUTSTANDING—DILUTED (IN MILLIONS)361.9347.5357.6347.2
Three Months Ended September 30,Nine Months Ended September 30,
Controls & procedures
Text added vs the prior filing · source: 10-Q · 2026-05-07
•artificial intelligence is an emerging area of technology that has the potential to impact various aspects of the Companies' business operations and customer interactions;
Gain on sale of interest in Mountain Valley Pipeline, LLC189—
Allowance for borrowed funds used during construction(18)(18)
AVERAGE NUMBER OF SHARES OUTSTANDING—BASIC (IN MILLIONS)363.0350.1
Pension and other postretirement benefit plan liability adjustments, net of taxes(3)(12)
Text removed vs the prior filing · source: 10-Q · 2025-11-06
For the Three Months Ended September 30,For the Nine Months Ended September 30,
INCOME BEFORE INTEREST AND INCOME TAX EXPENSE1,1991,0273,1412,700
Allowance for borrowed funds used during construction(14)(16)(49)(45)
AVERAGE NUMBER OF SHARES OUTSTANDING—DILUTED (IN MILLIONS)361.9347.5357.6347.2
Three Months Ended September 30,Nine Months Ended September 30,
Legal proceedings
Text added vs the prior filing · source: 10-Q · 2026-05-07
•artificial intelligence is an emerging area of technology that has the potential to impact various aspects of the Companies' business operations and customer interactions;
Gain on sale of interest in Mountain Valley Pipeline, LLC189—
Allowance for borrowed funds used during construction(18)(18)
AVERAGE NUMBER OF SHARES OUTSTANDING—BASIC (IN MILLIONS)363.0350.1
Pension and other postretirement benefit plan liability adjustments, net of taxes(3)(12)
Text removed vs the prior filing · source: 10-Q · 2025-11-06
For the Three Months Ended September 30,For the Nine Months Ended September 30,
INCOME BEFORE INTEREST AND INCOME TAX EXPENSE1,1991,0273,1412,700
Allowance for borrowed funds used during construction(14)(16)(49)(45)
AVERAGE NUMBER OF SHARES OUTSTANDING—DILUTED (IN MILLIONS)361.9347.5357.6347.2
Three Months Ended September 30,Nine Months Ended September 30,
Risk factors
Text added vs the prior filing · source: 10-Q · 2026-05-07
•artificial intelligence is an emerging area of technology that has the potential to impact various aspects of the Companies' business operations and customer interactions;
Gain on sale of interest in Mountain Valley Pipeline, LLC189—
Allowance for borrowed funds used during construction(18)(18)
AVERAGE NUMBER OF SHARES OUTSTANDING—BASIC (IN MILLIONS)363.0350.1
Pension and other postretirement benefit plan liability adjustments, net of taxes(3)(12)
Text removed vs the prior filing · source: 10-Q · 2025-11-06
For the Three Months Ended September 30,For the Nine Months Ended September 30,
INCOME BEFORE INTEREST AND INCOME TAX EXPENSE1,1991,0273,1412,700
Allowance for borrowed funds used during construction(14)(16)(49)(45)
AVERAGE NUMBER OF SHARES OUTSTANDING—DILUTED (IN MILLIONS)361.9347.5357.6347.2
Three Months Ended September 30,Nine Months Ended September 30,
Other information
Text added vs the prior filing · source: 10-Q · 2026-05-07
This report contains forward-looking statements that are intended to qualify for the safe-harbor provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are statements of future expectations a…
•the Companies are extensively regulated and may be subject to substantial penalties;
•the Utilities’ rate plans may not provide a reasonable return;
•the Companies may be adversely affected by changes to the Utilities’ rate plans;
•the failure of, or damage to, the Companies’ facilities could adversely affect the Companies;
Text removed vs the prior filing · source: 10-Q · 2025-11-06
During the three months ended September 30, 2025, no director or officer (as defined in Rule 16a-1(f) of the Securities Exchange Act of 1934, as amended) adopted, terminated or modified any Rule 10b5-1 or non-Rule 10b5-1 trading arrangement (as defined in Item 408(a) of Regulation S-K).
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice