Dominion Energy Inc. (D), one of the largest utility companies in the United States, recently experienced a notable decline in its stock price, underperforming the broader market amid complex financial and strategic developments. On October 16, 2025, the company’s shares closed at $60.62, marking a 1.73% drop from the prior day and outpacing the same session’s S&P 500 fall of 0.63%.
This latest slide comes despite a positive trend in the stock’s recent history. Over the past four weeks, Dominion Energy shares advanced by 3.51%, outperforming both the Utilities sector, which posted a 3.16% gain, and the S&P 500’s 0.92% rise over the same period (nasdaq.com).
On October 17, 2025, shares last swapped hands at $60.58, with an intraday high of $60.84 and low of $60.09. Trading volume reached 4,457,101 by late session, according to market data from top U.S. exchanges.
Analysts and investors are turning their attention to Dominion Energy’s upcoming earnings report, slated for October 31, 2025. Consensus forecasts anticipate earnings per share (EPS) of $0.94—a decline of 4.08% from the same quarter a year earlier—alongside expected revenues of $4.19 billion, which would mark a 6.33% year-over-year increase (nasdaq.com).
The company, headquartered in Richmond, Virginia, has seen analysts revise their estimates upwards recently. Historically, positive estimate revisions can reflect growing optimism about a company’s near-term outlook. Such changes are closely watched, given the strong historical correlation between analyst estimates and future share price performance across the sector.
Dominion Energy stands out for its comparatively attractive valuation metrics. As of the latest trading, its price-to-earnings (P/E) ratio was 17.2, below the utilities industry average of 19.7. Its price-to-earnings-growth (PEG) ratio came in at 2.8, also undercutting the industry mean of 3.2. These figures could position Dominion as a relatively valued play among utility peers.
Looking ahead, the company is executing an ambitious capital expenditure program. In February 2025, executives increased Dominion’s five-year capital spending plan to $50.1 billion, up from the previously outlined $43.2 billion. This initiative seeks to expand the company’s capacity to meet surging power requirements from data centers—a sector where Dominion reported an 88% jump in contracted power demand between July and December 2024 (Reuters).
However, these investments come with significant financial pressures. For the six months ended June 30, 2025, Dominion experienced a 14% reduction in operating cash flow, reporting outflows totaling $6.2 billion in capital expenditures, which resulted in negative operating free cash flow of $(1.9) billion. To address liquidity requirements, Dominion turned to external financing—including $4.2 billion in new long-term debt and forward sale agreements covering roughly 18.5 million shares due for settlement in the fourth quarter of 2025 (panabee.com).
Executive compensation has also come under scrutiny. In March 2025, CEO Robert Blue received a cash payout of $438,240, amounting to just 9% of his potential target, as the company fell short of key performance benchmarks for shareholder return and operating profit for the period spanning 2022 to 2024 (Reuters).
Despite Dominion Energy’s leading role in the utilities industry—which currently ranks in the top third of sectors based on Zacks Investment Research’s proprietary industry ranking—the company faces balancing rapid infrastructure expansion with mounting financial challenges.
As the market awaits Dominion’s next earnings report and evaluates analyst revisions, both the company’s ongoing capital commitments and near-term profitability are expected to be central to investor sentiment in the coming quarters.