Core Insights - Dominion Energy, Inc. (NYSE:D) is recognized as one of the best utility stocks for dividends, with a current annual dividend yield of 4.34% [5] - The company serves 3.6 million homes and businesses in Virginia, North Carolina, and South Carolina, and provides regulated natural gas service to 500,000 customers in South Carolina [2] Group 1: Business Operations - Dominion Energy operates in Virginia's 'Data Center Alley', catering to a significant cluster of power-intensive data centers, with approximately 40 GW of contracted capacity and plans to double this in the coming years [3] - The company is set to invest over $50 billion through 2029 to meet the growing power demand, which is expected to drive annual EPS growth of 5% to 7% [3] Group 2: Renewable Energy Initiatives - The Coastal Virginia Offshore Wind project, a 2.6 GW initiative, aims to provide clean energy to 660,000 customers and is on track for first power delivery in early 2026, with full completion expected by the end of next year [4] Group 3: Analyst Ratings and Market Position - Barclays analyst Nicholas Campanella has raised the price target for Dominion Energy from $60 to $63 while maintaining an 'Overweight' rating, indicating confidence in the utility's fundamentals ahead of the Q3 report [5]