Dominion Energy, Inc. (D), headquartered in Richmond, Virginia, and valued at a market cap of $47.2 billion, is an energy company specializing in the production and distribution of natural gas and electricity. Serving 7.50 million customers across 18 states, Dominion delivers energy transmission, gathering, and storage solutions.
Shares of this leading energy company have underperformed the broader market considerably over the past year. D has gained 22% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 30.4%. In 2024, D’s stock is up 22.6%, lagging the SPX’s 23.1% rise on a YTD basis.
