Dominion Energy(D) ZACKS·2025-02-25 19:00Core Viewpoint - Dominion Energy is experiencing a bullish trend, supported by investments in infrastructure and a focus on renewable energy, alongside rising demand from its expanding customer base [1][10]. Group 1: Financial Performance - Dominion Energy's stock closed at 3.28-2.67, yielding 4.65%, which is better than the industry's yield of 3.2% [14]. Group 2: Strategic Initiatives - Dominion Energy plans to invest $50 billion from 2025 to 2029, with approximately 83% of this investment aimed at strengthening infrastructure and increasing clean energy production [10]. - The company is upgrading its electric infrastructure by installing smart meters and undergrounding 4,000 miles of distribution lines, enhancing service reliability and efficiency [12]. - The company has divested some non-core assets to focus on regulated infrastructure, which is expected to boost operational stability [9]. Group 3: Market Position and Competitiveness - Dominion Energy's trailing 12-month return on equity (ROE) is 9%, lower than the industry average of 10.87%, indicating less effective utilization of shareholders' funds [19]. - The stock is currently valued at a premium compared to its industry on a forward 12-month P/E basis [16]. - The company has connected 15 data centers in 2024 and expects to connect another 15 in 2025, driven by robust demand growth from economic expansion and electrification [11].