Dominion Energy Inc (D)

Dominion Energy's stock price has increased by 16.69% over the past six months and 5.67% over the past year. The company has affirmed its full-year 2025 operating EPS guidance range of $3.28 to $3.52 per share. In late 2022, management initiated a "top-to-bottom business review" to enhance shareholder value and ensure the sustainability of its decarbonization plans. In 2024, the company completed the sale of several natural gas distribution companies and a 50% noncontrolling equity interest in its Coastal Virginia Offshore Wind project, reducing debt by approximately $21 billion.

Demand for Dominion Energy's products and services is subject to significant seasonality. Electricity demand is typically higher in the summer due to increased air conditioning usage, with peak demands generally higher than in the winter, and data centers contributing substantially to electricity demand. Natural gas demand for residential and commercial heating is significantly higher in the winter months, sometimes up to five times more than in the summer, while natural gas use for electricity generation tends to peak in the summer. These seasonal fluctuations in demand directly influence energy prices.

Dominion Energy is an integrated energy utility providing electricity, natural gas, and related services to various customers. Its core business segments include Electric Generation, Electric & Gas Distribution, Gas Infrastructure, and Energy Services. The company generates, transmits, and distributes electricity from diverse sources, including natural gas, oil, coal, nuclear, hydro, biomass, wind, fuel cell, and solar. It also transmits, distributes, stores, and processes natural gas, engaging in natural gas production and storage. Additionally, Dominion Energy offers retail energy marketing, energy efficiency programs, and electric vehicle charging solutions.

Dominion Energy supplies electricity in parts of Virginia, North Carolina, and South Carolina. It provides natural gas to parts of Utah, Idaho, Wyoming, West Virginia, Ohio, Pennsylvania, North Carolina, South Carolina, and Georgia. The company also has generation facilities in Indiana, Illinois, Connecticut, and Rhode Island. Overall, Dominion Energy serves customers across the eastern and Rocky Mountain regions in the U.S.

Dominion Energy's brand reputation has faced challenges related to customer satisfaction and past controversies. Customer reviews indicate concerns regarding high utility costs, inconsistent billing practices, and frequent power outages. A past investigation by the U.S. Attorney's Office involved a Dominion employee pleading guilty to conspiracy to commit wire fraud. In August 2025, concerns were raised regarding the lack of an independent monitor review for a planned gas plant in Chesterfield County. However, Dominion Energy actively promotes its commitment to sustainability and corporate responsibility, with targets to reduce carbon emissions by 100% by 2050 and methane emissions significantly.

Dominion Energy, Inc. is largely controlled by institutional shareholders, who hold approximately 71% to 83% of the company's stock. The Vanguard Group, Inc. is the largest institutional shareholder, holding around 8.6% to 12% of the shares outstanding. Other major institutional owners include BlackRock, Inc., State Street Corp, Capital Research Global Investors, JPMorgan Chase & Co, Wellington Management Group Llp, Massachusetts Financial Services Co /ma/, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, VFINX - Vanguard 500 Index Fund Investor Shares, and Dodge & Cox. Individual investors hold an estimated 16% to 29%, while insiders own under 1% of the company's shares.