Dominion Energy CEO Robert Blue Buys 4,152 Shares at $60.35 Per Share

Dominion Energy, Inc. announces that Robert M. Blue, Chairman, President, and Chief Executive Officer, has acquired 4,152 shares of the company's common stock at a price of $60.35 per share on August 27, 2025.

Dominion Energy, Inc. (D) announced that Robert M. Blue, Chairman, President, and Chief Executive Officer, has acquired 4,152 shares of the company's common stock at a price of $60.35 per share on August 27, 2025. This purchase comes amidst strong financial performance and strategic growth initiatives for the company.

As of August 22, 2025, Dominion Energy's stock was trading at $61.90 [1]. The company reported robust Q2 2025 results, with GAAP net income rising 38% year-over-year to $760 million, or $0.88 per share, and operating earnings of $0.75 per share. This exceeded market expectations, driven by 9% revenue growth to $3.81 billion. The regulated utility segments in Virginia and South Carolina performed well, supported by customer growth, favorable rate cases, and enhanced returns. The Coastal Virginia Offshore Wind project remains on track, highlighting Dominion Energy's pivot towards clean, regulated energy assets.

Beyond utilities, Dominion Energy's unique positioning in Virginia's "Data Center Alley" is a significant growth driver. This region, home to the highest concentration of data centers globally, is experiencing rapid expansion due to demand for cloud computing, AI, and crypto-related infrastructure. As of late 2024, Dominion Energy had nearly 40 gigawatts of data center capacity contracted, with plans to double in the coming years. The company is investing heavily in transmission infrastructure to capture this growth.

Management expects mid-single-digit earnings growth through the decade, but surging data center and industrial demand in Virginia and North Carolina could push growth beyond expectations. Leverage remains elevated at ~5x EBITDA, but this is set to improve as the Coastal Virginia Offshore Wind project begins generating revenue next year, boosting cash flow and supporting debt reduction.

Despite these positive developments, Dominion Energy is not on the list of the 30 Most Popular Stocks Among Hedge Funds. As of the end of the first quarter, 46 hedge fund portfolios held D, up from 39 in the previous quarter. Some industry analysts believe that certain AI stocks offer greater upside potential and carry less downside risk.

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[1] https://finance.yahoo.com/news/dominion-energy-inc-d-bull-135608305.html