Energy Sector 13 May 2026 - 20 May 2026

NextEra Energy shares fell ahead of Tuesday’s regular session as investors reacted to its $66.8 billion stock deal with Dominion Energy. The utility is betting on higher power demand from AI data centers. NextEra closed at $89.04 Monday, down 4.6%, while Dominion ended at $67.56, up 9.4%.

Dominion Energy shot higher in U.S. pre-market hours Monday after word that NextEra Energy is considering a bid around $76 a share for the utility. Dominion was indicated at $69.00 ahead of the open, still about 9% under the rumored offer, after closing at $61.73 on Friday.

Dominion Energy is in focus Monday after a late Friday report pointed to takeover talks with NextEra Energy. The possible transaction, according to the Financial Times and cited by Reuters, would see NextEra pay mostly in stock for the Virginia utility, and the combined company could be worth about $400 billion including debt. Both Reuters and the FT said the deal is not certain and could still fall through. Neither Dominion nor NextEra commented when reached outside normal business hours.

NextEra Energy Inc. shares face uncertainty going into the weekend as speculation swirls about a potential merger with Dominion Energy. The Financial Times reported the pair are in talks over a deal that could build a $400 billion U.S. utility including debt. Reuters said it could not verify the FT report and noted that neither company replied to requests for comment outside normal hours.