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Sohini Mondal

Dominion Energy Stock: Is Wall Street Bullish or Bearish?

With a market cap of $60 billion, Dominion Energy, Inc. (D) is a leading U.S. energy company headquartered in Richmond, Virginia, providing regulated electricity and natural gas services to millions of customers across Virginia, North Carolina, and South Carolina. The company is also a major developer of regulated offshore wind and solar power and is committed to delivering reliable, affordable, and increasingly clean energy.

Shares of the energy company have underperformed the broader market over the past 52 weeks. Dominion Energy stock has returned 11.8% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 22.6%. However, shares of the company are up 16.5% on a YTD basis, outpacing SPX's 12.8% gain.

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