Dominion Energy Earns 'Buy' Rating Following Robust Growth Projections


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Late last month, Dominion Energy Inc (NYSE:D) reported a first-quarter earnings beat.

The most substantial service hub globally is located in Dominion's service area in Virginia. According to PJM, it anticipates that its maximum load will increase by 5%-7% each year over the next 10 years. This growth will be largely fueled by the expansion of cloud services and artificial intelligence, according to Seaport.

The Dominion Energy Analyst: Angie Storozynski upgraded the rating for Dominion Energy from Neutral to Buy.

The Dominion Energy Thesis: The company is conducting a business review to identify the most efficient capital sources to improve its balance sheet and fund its robust capital expenditure, Storozynski said in the upgrade note.

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“Based on media reports, D plans to sell its gas utilities (LDCs), but those are unlikely to attract strategic buyers,” the analyst wrote. “Instead, D could sell its electric/gas utility in SC (DESC), with SO and NEE as most likely buyers, we believe,” she added.

The stock’s P/E discount now appears “excessive,” given the “EPS upside from asset sales and AI-driven load growth, Storozynski further stated.

D Price Action: Shares of Dominion Energy rose by 1.28% to $50.50 on Monday.

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27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


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Posted In: Analyst ColorUpgradesAfter-Hours CenterAnalyst RatingsAngie StorozynskiExpert IdeasMorgan Stanley