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RICHMOND, Va.--(BUSINESS WIRE)--Dominion Energy (NYSE: D) today announced the promotion of Edward H. “Ed” Baine to executive vice president-Utility Operations and president-Dominion Energy Virginia. Baine has been leading Utility Operations – consisting of Dominion Energy Virginia and Dominion Energy South Carolina, together serving more than 4 million customer accounts – since Jan. 1, 2025, as president, and has led Dominion Energy Virginia as president since 2020. The promotion will take effe.
Dominion Energy (D) concluded the recent trading session at $55.87, signifying a +1.25% move from its prior day's close.
Geopolitical tensions have been high. Tariff uncertainty could also upend the economy and market.
RICHMOND, Va.--(BUSINESS WIRE)--Dominion Energy, Inc. (NYSE: D), announced that the company's board of directors has elected a new independent director, Jeffrey J. “Jeff” Lyash, effective today, June 25. The election is part of Dominion Energy's ongoing commitment to strong corporate governance and regular refreshment of its board of directors. The company has added seven new directors since 2019, with an average tenure for the entire board of 7.4 years. Lyash, 63, will serve on the board's Saf.
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Key Points The explosion of AI infrastructure spending by companies like Meta (NASDAQ: META) and Microsoft (NASDAQ: MSFT) is creating strategic partnerships with utilities such as Constellation Energy (NASDAQ: CEG), signaling a long-term growth opportunity in private-grid energy deals. Utilities stand to benefit not just from rising AI energy demand but also from likely Fed rate cuts, which historically boost high-yield, defensive sectors like utilities. Investors are encouraged to buy in “pairs”—matching AI-driven tech companies with regionally relevant utilities—to capture upside from both AI growth and grid development. Are you ahead, or behind on retirement? SmartAsset’s free tool can match you with a financial advisor in minutes to help you answer that today. Each advisor has been carefully vetted, and must act in your best interests. Don’t waste another minute; get started by clicking here.(Sponsor) Watch the Video https://videos.247wallst.com/247walls
We rate Dominion Energy a 'Strong Buy' with an $89 price target, citing structural mispricing and double-digit EBITDA growth from hyperscale data center demand. D's unique exposure to Northern Virginia's data center boom and rider-recoverable $50bn capex cycle provides unmatched earnings visibility and regulatory insulation. Consensus underestimates the company's forward earnings power; our models show 14.5%/12.2% EBITDA growth in FY25E/FY26E, driven by contracted digital infrastructure loads.
Dominion Energy (D) closed at $54.73 in the latest trading session, marking a -1.41% move from the prior day.
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