Based in Richmond, Virginia, Dominion Energy is an integrated energy company with over 30 gigawatts of electric generation capacity and more than 90,000 miles of electric transmission and distribution lines. Dominion is constructing a rate-regulated 5.2 GW wind farm off the Virginia Beach coast.

Based in Richmond, Virginia, Dominion Energy is an integrated energy company with over 30 gigawatts of electric generation capacity and more than 90,000 miles of electric transmission and distribution lines. Dominion is constructing a rate-regulated 5.2 GW wind farm off the Virginia Beach coast.

Dominion Energy has regulated electric and natural gas utility operations in 13 states. The company generates, transmits, and distributes electricity, and has retail and wholesale operations. Dominion's portfolio consists of 40 GW of generation capacity, 85,600 miles of electric distribution lines, and 10,600 miles of electric transmission lines. Currently, electric service is provided to 3.6 million customers in Virginia, North Carolina, and South Carolina. Natural gas is provided to 500,000 customers in South Carolina. Revenues in 2024 reached almost $14.5 billion and operating earnings were about $2.4 billion. Of 2024 operating earnings, about 84% was from Dominion Energy Virginia. The company operates five nuclear generation sites and Dominion's fuel mix is 42% nuclear, though generation still comes from gas, coal, and oil. To change this mix, Dominion is developing renewable sources including solar power. However, it does not expect to achieve net-zero emissions until 2050, in line with peers heavily reliant on coal. The company has undergone a business review that ended in March 2024. As a result, it has increased its asset disposals. In 2023 and 2024, the company sold its LNG operations, three gas distribution companies, and an interest in its Virginia wind farm. These divestitures follow the sale of pipeline operations in 2022. Dominion's market cap is $47 billion, and the stock is a component of the S&P 500.

Last week, we reported a sudden move to bullish in the one-week insider-sentiment readings from Vickers Stock Research. The major stock indices responded in kind, with the first winning week in almost a month (DJIA up 1.2%, S&P 500 up 0.5%, and the Nasdaq eking out a 0.2% win). This week, the data from Vickers is again good. It's not as stellar as last week, but it is more than sufficient to allow for ongoing improvement in broader sentiment. For the one-week readings, the NYSE and Nasdaq have moved slightly back into the neutral zone, but Vickers' eight-week sentiment readings continue to trend in the right direction. The NYSE Eight-Week Sell/Buy Ratio is now 3.60, improved from 5.69 about a month ago. The Nasdaq Eight-Week Sell/Buy Ratio is now 4.24, versus 6.54 a month ago. The Total (all exchanges) Eight-Week Sell/Buy Ratio is now 3.91, compared to 6.02 a month ago. The goal here is the get below 2.00, where the bullish zone begins. That will take time, as will the repair of the overall stock market. On a sector basis, insider-buying activity exceeded selling activity in Utilities last week, with shares valued at $429,081 bought versus $118,345 sold. Buying was also notable in Healthcare, lagging the level of selling by a factor of just 1.5-times, as $15.4 million of shares were bought versus $23.6 million of shares sold. On the other side, selling was the greatest in the Financial sector over the last week, with shares valued at $86.4 billion sold versus $12.6 million bought, as well as Information Technology, with $59.6 million sold versus less than $1 million bought, and Consumer Discretionary, with $29.9 million sold versus $3.1 million bought. This week, analysts at Vickers highlighted insider transactions of interest at Adobe Inc. (NGS: ADBE) and Range Resources Corp. (NYSE: RRC).