Dominion Energy Inc (D)

Dominion Energy's stock price was $55.20 as of June 25, 2025, an increase of 12.08% from June 26, 2024. Over the past six months, the share price has risen by 4.70%, underperforming the S&P 500 Index by -0.87%. JP Morgan downgraded its outlook for Dominion Energy from Neutral to Underweight on April 8, 2025. Dominion Energy's shares had lost about 4.6% since its last earnings report prior to March 14, 2025. On May 1, 2025, Dominion Energy announced its unaudited net income for the three months ended March 31, 2025, was $646 million. Mr. Paul M. Dabbar resigned from the Board of Directors, and Jeff Lyash was elected as a new independent director, effective June 25, 2025. An upcoming dividend of US$0.67 per share was noted on May 24, 2025.

Demand for Dominion Energy's electricity and natural gas is subject to seasonality, with higher consumption during extreme temperatures. A backtested trading strategy suggests long positions in the stock are favored in March, April, July, and December, indicating potential seasonal patterns. Customer growth and significant demand from data centers also contribute to their demand profile.

Dominion Energy, Inc. is an American energy company headquartered in Richmond, Virginia, primarily engaged in the production and distribution of energy. The company operates within the Utilities sector, specifically in the Multi-Utilities and Electric Utilities industries, supplying electricity and natural gas. Dominion Energy generates, transmits, and distributes regulated electricity to various customers from diverse sources, including natural gas, nuclear, hydro, biomass, wind, fuel cell, and solar. The company stores, transmits, and distributes natural gas to residential, commercial, and industrial customers, operating one of the nation's largest natural gas storage facilities. Dominion Energy focuses on non-regulated long-term contracted renewable electric generation and renewable natural gas facilities.

Dominion Energy has a significant presence in the Mid-Atlantic and Southeast regions of the United States. The company supplies electricity in parts of Virginia, North Carolina, and South Carolina. It also supplies natural gas to parts of Utah, Idaho, Wyoming, West Virginia, Ohio, Pennsylvania, North Carolina, South Carolina, and Georgia. Additionally, Dominion Energy has generation facilities in Indiana, Illinois, Connecticut, and Rhode Island.

Dominion Energy's brand reputation is focused on providing reliable, affordable, and clean energy, along with sustainability and community engagement. The company is focused on a clean energy transition, aiming for net-zero emissions by 2050, including investments in renewable energy projects. Dominion Energy is well-positioned for growth due to increasing demand from data centers, particularly in Northern Virginia. The company has achieved positive regulatory outcomes in South Carolina, North Carolina, and Virginia. Dominion Energy has reduced debt by approximately $21 billion through asset sales and strategic repositioning. The company responded to the devastation caused by Hurricane Helene.

Dominion Energy's stock ownership is a mix of institutional investors, insiders, and individual investors. Institutional investors hold approximately 76% of the company's stock, with Vanguard Group Inc being the largest shareholder. Individual investors own approximately 23.17% to 31.59% of the company's stock. Insiders own a smaller percentage, around 0.11% to under 1%.