D·Dominion Energy, Inc.

Dominion Energy (D) is poised for a significant long-term buildout following PJM Interconnection's approval of an $11.8 billion transmission expansion plan, with approximately $4.8 billion allocated to D's Virginia utility. This expansion, driven by growing data center demand, could boost revenue streams and improve grid reliability. Investors are weighing this development against the company's historical performance. Analysts project a 10.3% year-over-year increase in earnings per share to $0.64, with revenue expected to rise 4.8% to $3.56 billion, though recent EPS estimates have seen a slight downward revision. The company's focus on infrastructure upgrades and clean energy initiatives has contributed to positive momentum, with D outperforming the Utilities sector and the S&P 500 over the past month. The upcoming earnings report, expected on February 23, 2026, will be a key event, with investors watching for confirmation of these positive forecasts. The company's strategic focus on coastal wind projects and data centers suggests potential for sustained long-term growth.