There's no escaping the impact of tariffs. When President Donald Trump recently announced he would raise tariffs on nearly everything the U.S. imports from most of our trading partners to 15%, markets stumbled. These import taxes affect nearly every business by raising the costs of basic goods, such as steel and electronics.However, there are some energy sector companies that are less affected by tariffs than others. Dominion Energy (D +0.55%) and Williams Companies (WMB 0.07%) offer investors an antidote t ...

FirstEnergy Enhances Leadership Team with Appointment of Hannah Turner as Vice President, Transmission Finance [Accessibility Statement] Skip NavigationIndustry veteran to guide financial strategy for FirstEnergy TransmissionAKRON, Ohio, Feb. 26, 2026 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) has named Hannah Turner as Vice President, Transmission Finance, where she will oversee financial operations and regulatory support for FirstEnergy Transmission LLC (FET), Keystone Appalachian Transmission Company ( ...

February 19, 2026 05:01 AM GMT AI Infrastructure Identifying Key Beneficiaries Across the Natural Gas Value Chain from AI/Data Center Development M Leveraging the insights of AlphaWise, we estimate that AI data center development will drive +4.8 Bcf/d of incremental domestic natural gas demand by 2030, concentrated in Appalachia/PJM. We identify key beneficiaries across the natural gas value chain. Key Takeaways We introduce a new geospatial analysis of AI-driven data center development that provides increm ...

Core Insights - Dominion Energy reported a revenue of $4.09 billion for the quarter ended December 2025, marking a 20.4% increase year-over-year and exceeding the Zacks Consensus Estimate by 14.9% [1] - The company's EPS for the quarter was $0.68, up from $0.58 in the same quarter last year, surpassing the consensus estimate of $0.64 by 5.59% [1] Revenue Performance - Total operating revenue for Dominion Energy Virginia was $3.02 billion, exceeding the average estimate of $2.5 billion by analysts, representing a year-over-year increase of 23.5% [4] - Total operating revenue for Contracted Energy reached $330 million, surpassing the average estimate of $255.25 million, with a year-over-year change of 28.4% [4] - Total operating revenue for Dominion Energy South Carolina was $846 million, compared to the average estimate of $790.89 million, reflecting a year-over-year increase of 5.6% [4] Stock Performance - Dominion Energy's shares have returned +10.7% over the past month, outperforming the Zacks S&P 500 composite's +1.8% change [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]

Core Viewpoint - Dominion Energy is a significant player in the utility sector, focusing on electric power and natural gas, with a strong presence in the U.S. energy market [1] Financial Performance - Dominion Energy reported an EPS of $0.68 for the quarter ending December 2025, surpassing the estimated EPS of $0.66, consistent with its trend of exceeding expectations [2][6] - The company's revenue for the same quarter was approximately $4.09 billion, exceeding the estimated $3.64 billion, representing a 14.90% increase over the Zacks Consensus Estimate and a rise from $3.4 billion in the previous year [3][6] Strategic Outlook - Despite strong quarterly results, Dominion Energy has projected its annual profit to fall short of Wall Street expectations, but it plans a nearly 30% increase in its five-year capital spending to meet rising electricity demand, particularly from AI infrastructure [4][6] Market Position - The company has a P/E ratio of approximately 23.53, a price-to-sales ratio of about 3.48, and a debt-to-equity ratio of 1.75, indicating financial leverage [5] - A current ratio of 0.84 suggests the company's ability to cover short-term liabilities [5]

U.S. stocks traded lower midway through trading, with the Dow Jones index dipping more than 700 points on Monday.The Dow traded down 1.46% to 48,901.83 while the NASDAQ fell 1.03% to 22,650.14. The S&P 500 also fell, dropping, 0.95% to 6,843.89.Check This Out: How To Earn $500 A Month From Goldman Sachs Stock Ahead Of Q4 EarningsLeading and Lagging SectorsConsumer staples shares gained by 1.2% on Monday.In trading on Monday, financials stocks fell by 3.2%.Top HeadlineThe company posted operating earnings, a ...

For 2026, Dominion Energy guided to operating earnings per share (excluding RNG 45Z credit income) of $3.40 to $3.60 , with a midpoint of $3.50 . Ridge said the midpoint implies a 6.1% increase versus the comparable 2025 guidance midpoint of $3.30, despite 2026 being a “double outage year” at Millstone. Including RNG 45Z income, total operating earnings guidance midpoint was presented as $3.57 per share .Ridge also pointed to credit performance, saying the company’s estimate of Moody’s CFO pre-working capit ...

Core Insights - Dominion Energy Inc. reported fourth-quarter 2025 operating earnings of 68 cents per share, exceeding the Zacks Consensus Estimate of 64 cents by 6.3% and reflecting a 17.2% increase from the previous year [1][8] - The company's total revenues for the fourth quarter reached $4.09 billion, surpassing the Zacks Consensus Estimate of $3.56 billion by 14.9% and increasing 20.4% year over year [3][8] - Dominion Energy's operating earnings for the full year 2025 were $3.42 per share, a 23.5% increase from $2.77 in 2024 [2] Revenue and Earnings - GAAP earnings for the fourth quarter were 65 cents per share, compared to 14 cents in the same quarter last year, with differences attributed to various adjustments [2] - Total revenues for 2025 amounted to $16.51 billion, marking a 14.2% year-over-year increase [3] Operating Expenses and Growth - Total operating expenses rose 10.9% year over year to $3.34 billion, driven by increased costs in electric fuel and energy-related purchases [4] - The company experienced significant customer growth in Virginia and South Carolina, with 11 new data centers connected in 2025 and plans for 13 more in 2026 [5][8] Segment Performance - In the Dominion Energy Virginia segment, net income was $536 million, up 21.8% year over year [6] - The Dominion Energy South Carolina segment reported a net income of $106 million, a 3.9% increase year over year [6] - Contracted Energy segment net income rose 116.7% to $117 million from $83 million in the previous year [6] - The Corporate and Other segment reported a net loss of $166 million, wider than the loss of $92 million in the prior-year quarter [6] Financial Position - As of December 31, 2025, current assets were $8.07 billion, up from $6.61 billion a year earlier [7] - Total long-term debt increased to $44.08 billion from $37.53 billion as of December 31, 2024 [7] - Cash from operating activities for 2025 was $5.36 billion, compared to $5.02 billion in the previous year [7] Guidance and Future Outlook - Dominion Energy initiated its 2026 operating earnings guidance in the range of $3.45 to $3.69 per share, with the Zacks Consensus Estimate at $3.60 [9] - The company anticipates long-term annual operating earnings growth of 5-7% through 2030 and plans to invest $65 billion from 2026 to 2030 [9]

Financial Data and Key Metrics Changes - Dominion Energy reported full year 2025 operating earnings of $3.42 per share, exceeding the midpoint of guidance, with GAAP earnings at $3.45 per share [6][8] - The company expects 2026 operating earnings per share, excluding RNG 45Z credit income, to be between $3.40 and $3.60, representing a 6.1% increase from the 2025 guidance midpoint of $3.30 [9][14] - The estimated CFO pre-working capital to debt ratio is nearly 100 basis points above the downgrade threshold, marking the highest result since 2012 [8] Business Line Data and Key Metrics Changes - The Coastal Virginia Offshore Wind project is over 70% complete, with first power expected by the end of March 2026 [20][21] - The project budget stands at $11.5 billion, including a contingency of $155 million [22] - The data center pipeline has grown to over 48 GW, an increase of approximately 1.4 GW or 3% since September 2025 [30] Market Data and Key Metrics Changes - Weather-normal sales in Dominion Energy Virginia increased by 5.4% in 2025, with all top 20 peak demand days occurring in the last 14 months [10] - Customer rates at Dominion Energy Virginia and South Carolina remain lower than the national average, with expected increases of around 2.6% and 2.8% respectively [26] Company Strategy and Development Direction - The company is focused on three principal priorities: achieving financial commitments, major construction milestones for the Coastal Virginia Offshore Wind project, and constructive regulatory outcomes [5] - A significant increase in the 5-year capital investment forecast from $50 billion to approximately $65 billion, primarily at Dominion Energy Virginia, is aimed at meeting growing customer demand [11][12] - The company aims for a long-term operating earnings per share growth rate of 5%-7% annually, with a bias towards the upper half of that range starting in 2028 [14][15] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the execution of their plan, despite facing both tailwinds and headwinds [17] - The company is committed to maintaining competitive rates while improving operational efficiency and customer service [28] - Management highlighted the importance of regulatory and construction execution, stable financing markets, and customer affordability in achieving future growth [16] Other Important Information - The company achieved record-setting safety performance in 2025, with an OSHA recordable rate of 0.26 [20] - The Virginia State Corporation Commission approved the Certificate of Public Convenience and Necessity for the Chesterfield Energy Reliability Center, expected to cost approximately $1.5 billion [35] Q&A Session Summary Question: EPS growth and CapEx increase - Management noted that the EPS growth guidance reflects a conservative approach, with adjustments made for Section 45Z credits and the impact of Millstone's pricing post-PPA expiration [44][47] Question: Data center ramp and CapEx outlook - Management confirmed that data center expectations are based on historical performance and existing contracts, with a focus on deploying capital to support long-term financial performance [50][53] Question: CVOW turbine installation cadence - Management indicated that the majority of turbine installations are expected in 2026, with a target of approximately 2.25 days per installation [63] Question: Utility capital plan and PJM transmission - Management confirmed that the PJM transmission projects are included in the capital plan, with a portfolio approach extending beyond 2030 [72][76] Question: Dividend payout considerations - Management acknowledged the trend of peers reducing payout ratios and indicated that this will be considered when making future decisions on dividend growth [77] Question: New nuclear technology evaluation - Management is still evaluating new nuclear technology and does not currently have capital allocated for small modular reactors in the 5-year plan [78]

Financial Data and Key Metrics Changes - For the full year 2025, operating earnings were reported at $3.42 per share, exceeding the midpoint of guidance, while GAAP earnings were $3.45 per share, higher than operating EPS [6][8] - The company expects 2026 operating earnings per share, excluding RNG 45Z credit income, to be between $3.40 and $3.60, with a midpoint of $3.50, representing a 6.1% increase from the 2025 guidance midpoint of $3.30 [9][14] Business Line Data and Key Metrics Changes - The Coastal Virginia Offshore Wind (CVOW) project is over 70% complete, with first power expected to be delivered by the end of March 2026 [20][21] - The project budget stands at $11.5 billion, including unused contingency of $155 million [22] Market Data and Key Metrics Changes - In 2025, weather-normal sales in the Dominion Energy Virginia LSE increased by 5.4%, indicating strong demand growth [10] - The company has over 48 GW in various stages of contracting for data center customers, reflecting a 3% increase from the previous quarter [30] Company Strategy and Development Direction - The company is focused on three principal priorities: achieving financial commitments, completing major construction milestones for CVOW, and achieving favorable regulatory outcomes [5] - A significant increase in the 5-year capital investment forecast from $50 billion to approximately $65 billion has been announced, with over 90% of this increase occurring at Dominion Energy Virginia [11][12] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to deliver on commitments and highlighted the importance of regulatory cooperation and customer affordability [5][39] - The company anticipates achieving upper half growth rates of 5%-7% starting in 2028, despite headwinds such as lower RNG production and higher financing costs [15][39] Other Important Information - The company achieved record-setting safety performance in 2025, with an OSHA recordable rate of 0.26 [20] - The Virginia State Corporation Commission approved the Certificate of Public Convenience and Necessity for the Chesterfield Energy Reliability Center, expected to cost approximately $1.5 billion [35] Q&A Session Summary Question: EPS growth and CapEx increase - Management explained that the EPS growth rate of 6% is influenced by the biennial rate increase in Virginia and a half-year impact from the South Carolina rate case, with a catch-up effect expected in 2026 [84] Question: Data center ramp and minimum taker pays - Management confirmed that data center expectations are based on historical performance and existing contracts, with a focus on deploying capital to support sales growth [51][53] Question: CVOW turbine installation cadence - Management indicated that the majority of turbine installations are expected in 2026, with a target of approximately 2.25 days per installation [63] Question: Dividend payout and growth timing - Management acknowledged the trend of peers reducing payout ratios and indicated that a final decision on dividend growth will be made considering current EPS growth rates [77] Question: New nuclear technology evaluation - Management stated that they are still evaluating new nuclear technology and do not have capital allocated for small modular reactors in the current 5-year plan [78]