Dominion Energy Exceeds Q3 Expectations, Boosts Dividend, and Eyes $50 Billion Investment

Dominion Energy (D) reported Q3 results, beating expectations with increased power demand in Virginia and South Carolina. The company plans to invest $50 billion through 2029 to expand its power infrastructure. The stock received a boost from RBC Capital analyst Stephen D‘Ambrisi with a 'Sector Perform' rating and a price target of $70. Dominion Energy declared a quarterly dividend of $0.6675 per share.