In the most recent trading session, Dominion Energy (D) closed at $54.09, indicating a +0.69% shift from the previous trading day.
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Dominion Energy offers stability and growth, driven by robust electricity demand from data centers and disciplined capital spending, with 60% recoverable through regulatory mechanisms. Management guides for 5-7% annual operating EPS growth through 2029. Dominion currently yields 4.8% and the dividend is well-covered by 2025 estimated earnings. At the current valuation, D stock could reasonably deliver potential market-beating total returns.
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D is expected to benefit from the rising demand for clean energy in its service territories. The company is planning to invest more to strengthen operations.
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Dominion Energy NYSE: D is a major player in the United States energy sector. The company recently released its fourth-quarter earnings report for 2024.
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Dominion Energy's Q4 results showed a mixed performance. EPS beat expectations slightly, but sales declined 3.7% yearly to $3.4B. The company targets 5%- 7% EPS growth from 2025 to 2029, driven by $50B in capital investments, including the Coastal Virginia Offshore Wind project. Concerns include potential cost overruns on CVOW, inflationary pressures, and reduced government support, leading to a neutral rating on Dominion.
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While the top- and bottom-line numbers for Dominion Energy (D) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Dominion Energy, Inc. (NYSE:D ) Q4 2024 Earnings Call Transcript February 12, 2025 10:00 AM ET Company Participants David McFarland - Investor Relations Bob Blue - President, CEO & Chairman of the Board Steven Ridge - Executive VP & CFO Diane Leopold - Executive VP & Chief Operating Officer Conference Call Participants Shar Pourreza - Guggenheim Partners Nick Campanella - Barclays Jeremy Tonet - JPMorgan David Arcaro - Morgan Stanley Anthony Crowdell - Mizuho David Paz - Wolfe Operator Welcome to the Dominion Energy Fourth Quarter 2024 Earnings Conference Call. At this time, each of your line is in listen-only mode.