Financial PerformanceDominion Energy reported Q2’24 operating EPS of $0.65/share vs. $0.35/share in the prior year quarter and BofA/consensus estimates of $0.58/$0.57/share, respectively.
Offshore Wind ProjectDominion Energy is pacing on or ahead of schedule for the Coastal Virginia Offshore Wind project, installing 42 monopiles since May 22.
Regulatory EnvironmentDominion Energy is well-positioned relative to sector themes including the energy transition and data centers; further, VA is considered to be an above-average regulatory environment.