Dominion Energy Stock News

Shares of Dominion Energy (D -4.47%) were moving lower today after the Virginia-based utility company provided an update on an offshore wind project, showing that it would be more expensive than originally planned.

RICHMOND, Va.--(BUSINESS WIRE)--Dominion Energy, Inc. (NYSE: D), today provided several updates for the Coastal Virginia Offshore Wind (CVOW) project. The 2.6 GW, fully permitted project is now approximately 50% complete and remains on track for on-time completion at the end of 2026. CVOW is credited with creating 2,000 direct and indirect American jobs and $2 billion of economic activity. Sign...

I like the idea of passive income. Making money without doing anything is appealing.

Due to their continuous operations, data centers consume electricity constantly.

The market reacted strongly to the unveiling of China's AI, DeepSeek, with AI stocks plummeting and REITs and utilities trading up significantly. Investors are shifting towards predictable returns from REITs and regulated utilities, which offer 8%-10% expected returns, amid uncertainties surrounding AI's future profitability. The DeepSeek news has made the steady cashflows of REITs and utilitie...

Dominion Energy has been a beneficiary of the ongoing generative AI/ data center capex boom in Virginia, thanks to its clean energy offerings across renewables and natural gas. These have also triggered the management's promising long-term growth targets, supported by the intensified capex plans. These have led to D's somewhat premium valuations, a trend similarly observed in its natural gas pe...

RICHMOND, Va.--(BUSINESS WIRE)--The board of directors of Dominion Energy (NYSE: D) has declared a quarterly dividend of 66.75 cents per share of common stock. Dividends are payable on March 20, 2025, to shareholders of record at the close of business Feb. 28, 2025. This is the 388th consecutive dividend that Dominion Energy or its predecessor company has paid holders of common stock. The compa...

Tom Yeung here with this week's Sunday Digest.   In 2022, commodity stocks were in trouble.