Dominion Energy Inc (D)

Dominion Energy's stock price has been impacted by several events in the past six months. Third-quarter 2025 earnings surpassed expectations, leading to a share price increase. Fourth-quarter earnings fell short of expectations, causing a stock decline. The U.S. Department of Interior temporarily suspended work on the Coastal Virginia Offshore Wind project due to national security concerns, resulting in a share price decline and a lowered stock price target from Jefferies. The sale of natural gas distribution companies, announced in September 2023, has been an ongoing factor for investors.

Demand for Dominion Energy's products and services is seasonal, influenced by weather patterns and customer behavior. The company offers a "Peak Time Rebates Program" to reduce energy consumption during high demand. Months such as March, April, July, and December have been identified as potentially advantageous for long positions in the stock, which may indirectly reflect seasonal demand patterns. The expansion of data centers, particularly in Virginia and the Carolinas, is a significant driver of demand, requiring substantial electricity supply and infrastructure investment.

Dominion Energy, Inc. (D) is an American energy company based in Richmond, Virginia, providing regulated electricity and natural gas services. It operates in the Utilities sector, including Electric Utility, Multi-Utilities, Energy Production, Coal & Natural Gas Power, and Nuclear Power industries. The company generates, transmits, and distributes electricity and natural gas and is a developer of regulated offshore wind and solar power, producing carbon-free electricity.

Dominion Energy supplies electricity to parts of Virginia, North Carolina, and South Carolina. It provides natural gas services to parts of Utah, Idaho, Wyoming, West Virginia, Ohio, Pennsylvania, North Carolina, South Carolina, and Georgia. The company also has electricity generation facilities located in Indiana, Illinois, Connecticut, and Rhode Island.

Dominion Energy has focused on safety, achieving a recordable injury rate of 0.42 in 2024, which was better than the industry average. The company was recognized as a Trendsetter by the CPA Zicklin Index for its transparency in political spending. However, a colleague's loss at a power generation facility in South Carolina served as a reminder of the continuous commitment required for safety. Dominion Energy proposed a rate hike for its South Carolina electric customers, raising concerns among customers. The U.S. government's temporary halt of the Coastal Virginia Offshore Wind project could affect the company's reputation regarding its commitment to renewable energy initiatives.

Dominion Energy, Inc. (D) is largely controlled by institutional shareholders, who collectively own between approximately 75.82% and 83.28% of the company's stock. Major institutional owners include Vanguard Group Inc, BlackRock, Inc., Capital Research Global Investors, State Street Corp, Wellington Management Group Llp, Massachusetts Financial Services Co /ma/, Jpmorgan Chase & Co, Dodge & Cox, Geode Capital Management, Llc, and Bank Of America Corp /De/. Insiders, such as company executives and directors, own less than 1% of the company's shares.