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Dte Energy Co - DTE STOCK NEWS

Welcome to our dedicated page for Dte Energy Co news (Ticker: DTE), a resource for investors and traders seeking the latest updates and insights on Dte Energy Co stock.

DTE Energy Company (NYSE: DTE) provides essential energy services to 3 million Michigan customers through its regulated utilities and innovative energy solutions. This page aggregates official press releases, financial announcements, and operational updates from one of America’s leading diversified energy providers.

Investors and stakeholders will find timely updates on earnings reports, regulatory filings, and infrastructure modernization projects, including the company’s grid reliability initiatives and renewable energy ventures. All content is sourced directly from DTE Energy’s corporate communications to ensure accuracy.

Key coverage areas include strategic partnerships, rate case decisions, clean energy investments, and service territory expansions. Bookmark this page for streamlined access to verified information about DTE’s operational milestones and financial performance.

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DTE Energy Announces $300 Million Annual Reduction in Power Supply Cost Recovery Mechanism, Leading to Lower Electric Bills for Customers
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DTE Energy reported third quarter earnings of $332 million, or $1.61 per diluted share, compared with $387 million, or $1.99 per diluted share in 2022. Operating earnings for the third quarter 2023 were $298 million, or $1.44 per diluted share, compared with 2022 operating earnings of $311 million, or $1.60 per diluted share. DTE Electric launched a $9 billion Distribution Grid Plan to improve reliability by 60% over the next five years. DTE Energy was named Energy Star's Partner of the Year and received the C. Everett Koop National Health Award for workforce wellness programs. The company also partnered with the City of Southfield for the MIGreenPower renewable energy program and kicked off the fall planting season as a founding partner in the Detroit Tree Equity Partnership.
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DTE Energy has appointed Nicholas K. Akins, retired Executive Chair of American Electric Power, to its board of directors. Akins brings expertise in grid modernization and workplace innovation, making him a valuable addition to DTE Energy as they work towards clean and reliable energy.
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DTE Energy will announce its Q3 2023 earnings on Nov. 1, 2023. A conference call will be held to discuss the results.
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DTE Energy plans to invest $9 billion to improve reliability, aiming to increase average reliability by over 60% in the next five years. The company also aims to transition to a smart grid with full automation and update 90% of circuits in Detroit within three years. The roadmap includes trimming trees, updating infrastructure, rebuilding sections of the grid, and installing 10,000 smart devices. DTE has already invested $5 billion in its electric grid and will invest an additional $9 billion. The plan supports Michigan's energy transition.
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DTE Energy (NYSE:DTE) reported Q2 earnings of $201 million, with a landmark CleanVision IRP settlement agreement to end coal use in 2032, invest in clean energy, and improve reliability. The company reaffirms 2023 operating EPS guidance of $6.09 - $6.40.
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DTE Energy (NYSE:DTE) will announce its second quarter 2023 earnings before the market opens on July 27, 2023. The company will conduct a conference call at 9:30 a.m. ET the same day to discuss earnings results. Investors, news media, and the public can listen to a live internet broadcast of the call at dteenergy.com/investors. The webcast will be archived on the DTE Energy website.
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DTE Energy (NYSE:DTE) announces historic settlement agreement in Michigan to transform energy generation, reduce costs, and reach net zero carbon emissions by 2050. The plan includes investing $11 billion into clean energy transition over the next 10 years and aims to develop enough Michigan-made renewables to power ~4 million homes.
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DTE Energy announces Joi Harris as president and COO, leading both utilities and other departments. Harris has a strong track record in renewable energy projects and will contribute to DTE's transition to cleaner sources of energy.
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Dte Energy Co

NYSE:DTE

DTE Rankings

DTE Stock Data

27.71B
206.72M
0.37%
77.97%
1.84%
Utilities - Regulated Electric
Electric Services
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United States
DETROIT