The undervalued utility stock Dominion Energy, Inc. (D) is seeing an unusual amount of options volume. The company recently filed for a two-part senior notes offering and announced its 2024 financial results, which reveal a 23% loss for investors who bought in five years ago. Nonetheless, the strong institutional backing and the reported key metrics for Q4 earnings indicate positive momentum. Despite carrying substantial debt and announcing a dividend of $0.6675, the company's recent $1.8 billion market cap decline has not deterred long-term institutional investors who recognize the promising underlying earnings growth over the past five years. The company joins forces for a major electric grid expansion in the PJM region and the quarterly dividend rises to 66.75 cents. Among noteworthy events, Diane Leopold retires, and the company's five-year capital expenditure plan anticipates surge in datacenter power demand. The company also closes sale of Public Service Company of North Carolina and shows strong resilience in the face of market slip. There's a call for caution, however, as the company currently reports a 9.9% loss over the last five years.
Dominion Energy D News Analytics from Sun, 18 Aug 2024 07:00:00 GMT to Fri, 07 Mar 2025 17:07:14 GMT - Rating -4 - Innovation 2 - Information 8 - Rumor -5
