Why Dominion Energy Stock Was Falling Today
Dominion Energy(D) The Motley Fool·2025-02-04 19:09Shares of Dominion Energy (D -4.39%) 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.As of 1:04 p.m. ET, the stock was down 4.6% on the news. Dominion will pay up for wind powerIn a press release last night, Dominion said its Coastal Virginia Offshore Wind (CVOW) project was now about 50% finished and remains on track for completion at the end of 2026.While that was the good news, ...