Here is Why Dominion Energy (D) Fell This Week

Core Viewpoint - Dominion Energy, Inc. has faced significant challenges due to the suspension of offshore wind project leases, impacting its share price and project timelines [3][4]. Company Overview - Dominion Energy provides regulated electricity service to 3.6 million homes and businesses across Virginia, North Carolina, and South Carolina, and regulated natural gas service to 500,000 customers in South Carolina [2]. Recent Developments - The share price of Dominion Energy fell by 1.83% from December 17 to December 24, 2025, making it one of the energy stocks that lost the most during that week [1]. - On December 22, the Trump administration suspended leases for five large offshore wind projects, including Dominion's Coastal Virginia Offshore Wind project, citing national security concerns [3]. - The Coastal Virginia Offshore Wind project, expected to be completed next year, is the largest of its kind in the US, with a capacity of 2.6 GW, aimed at meeting the growing energy needs in Virginia [4]. - Dominion Energy has received a 90-day halt order on the Coastal Virginia Offshore Wind project, further delaying a project that has been in development for over ten years [4]. Analyst Insights - On December 16, Morgan Stanley analyst David Arco lowered the price target for Dominion Energy from $65 to $62 while maintaining an 'Equal Weight' rating on the shares [5].