Dominion Energy, IncNYSE: D
Utilities · Multi-Utilities
$63.83
-1.04%
Vol: 4.0M
Research Digest
Friday, May 1, 2026
Dominion Energy reported Q1 2026 operating earnings of $0.95 per share, reaffirmed full-year guidance of $3.45-3.69, and continues investment in offshore wind projects.
Dominion Energy reported Q1 2026 GAAP net income of $0.69 per share, down YoY, but operating earnings rose to $0.95 per share. The company reaffirmed full-year 2026 operating earnings guidance of $3.45-3.69 per share. Focus remains on large-scale renewable investments including Coastal Virginia Offshore Wind project and Amazon data center partnership. Stock price is $64.48 with dividend yield of 4.3%.
Previous Market Intelligence
13 daysApr 30Dominion Energy Q1 earnings due May 1 with EPS expected at $0.89 (down 4.3% YoY); analyst price targets recently adjusted amid AI data center demand.Neutral▶
Dominion Energy is scheduled to report Q1 earnings on May 1 with analysts expecting EPS of $0.89, reflecting 4.3% YoY decline. The company provides electricity to 3.6M customers in VA, NC, SC and natural gas to 500k in SC. Recent analyst activity shows mixed adjustments: Morgan Stanley lowered target to $68 from $69, Wells Fargo raised to $66 from $64, and Truist initiated coverage with Hold. Stock trades at $62.94 with 18.10 P/E and 4.3% dividend yield. Recent developments include partnerships with Amazon on data center demand and charitable initiatives. Rising operational costs and AI infrastructure opportunities create offsetting pressures on valuation.
Apr 29Dominion Energy boosts capital plan by 32% to $57B, driven by Meta data center demand in LouisianaPositive▶
Dominion Energy raised four-year capital spending plan by nearly one-third to $57 billion, primarily to build natural gas-fired power plants for Meta's massive Louisiana data center development. Q1 2026 net earnings grew to $385 million or $0.83 per share. New electric service agreement with MEDA for another data center expected to deliver $2 billion fair share value. Company maintains 2026 full-year adjusted earnings guidance of $4.25-$4.45 per share.
Apr 16Dominion Energy extended sustainability-linked credit facility maturity to April 2029 and announced Q1 2026 earnings call for May 1.Mixed▶
Dominion Energy amended its Sustainability Revolving Credit Agreement on April 7, extending maturity to April 7, 2029 with two additional one-year extension options, reinforcing liquidity for offshore wind projects. Q1 2026 earnings call scheduled for May 1, 2026 at 11 a.m. ET. Company holding rate increase hearings with state regulators after filing $322M revenue increase request with South Carolina PSC. Bank of America raised price target to $65 from $63 on April 15. Analysts expect 7.53% YoY EPS decline.
Apr 15Dominion Energy extended core revolving credit facility maturity to April 2031 on April 8, 2026, securing long-term liquidity for offshore wind projects.Neutral▶
Dominion Energy made two significant credit facility improvements in early April 2026. On April 7, the company amended its sustainability-linked revolving credit agreement maturity to April 2029 with two optional one-year extensions. On April 8, lender consent was obtained to extend the core revolving credit facility maturity from 2029 to April 2031. Jefferies raised D's price target to $65.00 on April 11 with a hold rating. Q1 2026 earnings call is scheduled for May 1, 2026.
Apr 14No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Apr 13Q4 2025 net income doubled to $567 million ($0.65/share) vs. prior year; strategic AI data center partnerships underway.Mixed▶
Dominion Energy reported Q4 2025 net income of $567 million compared to $134 million in Q4 2024. Full-year 2025 net income reached $3.0 billion ($3.45 per share). The company is navigating a complex landscape with mixed analyst sentiment amid growing AI data center demand, partnership with Amazon, and rate increase requests to fund substantial infrastructure investments in renewable energy and zero-emission technologies. Stock gained 13.8% over the past year.
Apr 10Dominion Energy extends credit facilities and advances Coastal Virginia Offshore Wind project.Mixed▶
Dominion Energy extended its core revolving credit facility maturity to April 8, 2031, and its sustainability revolving credit facility to April 7, 2029. The company is advancing its $11.5 billion Coastal Virginia Offshore Wind project, now 70% complete. Q1 2026 earnings call scheduled for May 1, 2026. Coal ash cleanup charges requested adding $0.53 to typical residential customer bills.
Apr 9Dominion Energy Extends Credit Agreements, Coastal Virginia Wind Project Generates First PowerMixed▶
Dominion Energy amended credit agreements on April 7, 2026, extending maturity to 2029-2031, extending refinancing runway. Coastal Virginia Offshore Wind project generated first power for grid March 23, 2026, addressing data center energy needs in largest data center cluster. Company investing $10.9B in 2026 and $64.7B through 2030 in infrastructure. Q4 2025 EPS $0.68 slightly missed $0.69 estimate. Stock at $63.62 with 4.3% dividend yield and P/E 18.01. Analyst coverage mixed with J.P. Morgan Sell rating (March 12), though others maintain Outperform.
Apr 8Dominion Energy Q1 earnings call May 1; Coastal Virginia Offshore Wind reaches first power milestone; JP Morgan Sell ratingMixed▶
Dominion Energy scheduled Q1 2026 earnings call for May 1 at 11 AM ET. Company reached first power generation milestone at Coastal Virginia Offshore Wind Project, key operational milestone. Dominion investing $10.9 billion in 2026 and $64.7 billion from 2026-2030. Company pushing for rate increase to cover substantial investments while launching zero-emission technologies. Partnership with Amazon and charitable grants boost investor confidence. However, JP Morgan initiated Sell rating in March 2026. Stock trades at $63.62 with 4.3% dividend yield and 18.01 P/E ratio. Stock up 13.8% annually, down from 52-week high of $67.57. Navigating mixed investor sentiment on valuation.
Apr 7$64.7B 2026-2030 capex plan driven by data center demand; Q1 earnings call May 1; dividend raised.Positive▶
Dominion scheduled Q1 2026 call May 1. Announced $64.7B five-year capex addressing data center demand. Extended 5-7% EPS growth guidance through 2030. 2025 revenue $16.51B (+14.2%). 2026 guidance $3.45-3.69 EPS. Stock $62.77. 10 analysts rate Hold with $65.20 target.
Apr 6Dominion Energy lifts 2026-2030 capital spending to $64.7 billion to meet surging data center electricity demandMixed▶
Dominion Energy raised 2026-2030 capital spending to $64.70 billion from prior guidance to capitalize on strong demand from major technology customers' data centers, a central pillar of the company's growth strategy. The company reported full-year 2025 sales of $16.51 billion and net income of $3.00 billion, issuing 2026 operating earnings guidance of $3.45–$3.69 per share. Shares closed at $62.77 reflecting a 3.1% increase over the past week with a current price target of $65.20, though analysts present mixed valuation signals with some suggesting overvaluation and others indicating potential upside. The company is pursuing rate increases to cover substantial investments while launching zero-emission technologies to align with its energy transition strategy and meet regulatory requirements across its diverse geographic footprint.
Apr 3Dominion Energy faces rate increase disputes and regulatory scrutiny over bill increases in South Carolina.Negative▶
A Clean Virginia report claims Dominion bills are rising faster than inflation, though the utility disputes the findings. In South Carolina, Dominion filed for a $322 million revenue increase (12.73% increase for residential customers). Dominion South Carolina's 2026 Integrated Resource Plan doubles down on fracked gas while continuing reliance on expensive coal, drawing Sierra Club criticism.
Apr 2Dominion Energy announced 2026 EPS guidance of $3.45-$3.69 and extended 5-7% long-term growth guidance while facing customer billing complaints.Mixed▶
Dominion Energy announced 2026 operating earnings guidance of $3.45-$3.69 per share and extended its long-term 5-7% annual EPS growth guidance through 2030. The company activated its first commercial offshore wind turbine in the Coastal Virginia Offshore Wind project. However, the utility faces scrutiny from a Clean Virginia report claiming bills are rising faster than inflation, though Dominion disputes this. Ten analysts rate D a Hold consensus with $65.2 price target. The stock is up 13.8% year-to-date.
Sector Peers
| Company | Price | Day | 1M | Fwd P/E | Beta | Mkt Cap |
|---|---|---|---|---|---|---|
| NEENEXTERA | $97.22 | -0.67% | +5.5% | 22.3x | 0.73 | $204.1B |
| SRESEMPRA | $94.87 | -0.26% | -3.0% | 17.2x | 0.68 | $62.1B |
| DDOMINION | $63.83 | -1.04% | +3.7% | 16.9x | 0.66 | $56.7B |
| XELXCEL | $82.67 | -0.34% | +3.2% | 18.3x | 0.44 | $51.8B |
| EDCONSOLIDATED | $110.85 | -0.57% | -2.7% | 17.2x | 0.34 | $41.1B |
| PCGP | $16.47 | -0.90% | -5.9% | 9.2x | 0.34 | $36.6B |
Key Fundamentals
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Price above both MAs — bullish structure.