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NextEra Energy and Dominion Energy filed rebuttal testimony with the Virginia State Corporation Commission, accepting 101 of 117 proposed regulatory conditions to advance their pending merger.
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NextEra Energy announced that its senior management team will participate in the EEI Financial Conference from November 8 to November 10, 2026, to discuss long-term growth expectations.
Six major U.S. utility stocks are positioned to benefit from expected 60% growth in electricity demand between 2025 and 2045. NextEra Energy, Duke Energy, Southern Company, American Electric Power, Dominion Energy, and Xcel Energy all offer dividend yields ranging from 2.8% to 3.8% and have substantial capital investment plans supporting earnings growth of 5-9% annually.
NextEra Energy disclosed preliminary pro forma financial data regarding its pending $67 billion acquisition of Dominion Energy in an SEC 8-K filing.
Faith leaders and community advocates gathered at the Virginia State Corporation Commission to oppose NextEra Energy's proposed $67 billion acquisition of Dominion Energy.
Utility stocks have historically provided some downside protection during market crashes, as seen during the dot-com bubble and 2008 financial crisis. However, rising interest rates, bond competition, and potential AI bubble risks limit their protective value today. While utilities should offer partial protection, they won't fully shield portfolios from steep market downturns.
Dominion Energy raised full-year 2026 earnings guidance to the top half of its range, driven by strong data center demand with over 54 gigawatts of contracted capacity. The company's Coastal Virginia Offshore Wind project remains on budget at $11.65 billion, and management accelerated 4 gigawatts of solar and 2 gigawatts of battery storage deployment. The utility benefits from exclusive service territories and a regulatory framework supporting large capital investments, with a proposed combination with NextEra Energy offering additional operational scale.