DALLAS--(BUSINESS WIRE)--ISN, the global leader in contractor and supplier information management services, announced DTE Energy, a Michigan utility company providing essential electric and natural gas services, has selected ISNetworld as its primary contractor information management platform. DTE Energy transitioned to ISN to improve contractor performance transparency, enhance consistency in compliance processes, and strengthen safety management across its operations. "Working with ISN represents an impor ...

Key Takeaways DTE Energy outlines $36.5B in five-year investments to boost reliability and earnings growth.The company plans $10B in clean energy generation and 900 MW of new renewables each year.DTE sees energy trading risks from commodity volatility, regulatory shifts and guideline changes.DTE Energy Company (DTE) is bolstering and expanding its infrastructure through long-term capital investments to enhance service efficiency for its customers. The company is accelerating investments in renewable energy ...

DETROIT,Dec. 3, 2025/PRNewswire/ -- The DTE Energy (NYSE:[DTE](#financial-modal)) Board of Directors today announced that its 2026 Annual Meeting of Common Stock Shareholders will be Thursday, May 7.Shareholders of record at the close of business March 10, 2026, are eligible to vote at the meeting. Shareholders interested in proposing business from the floor or nominating a person for the position of director from the floor must give notice and certain information to the DTE Energy corporate secretary by th ...

Core Insights - DTE Energy Company is valued at a market cap of $28.5 billion and operates primarily in electric and natural gas utilities in Michigan, along with non-utility businesses in energy trading, renewable energy, and industrial energy services [1] Performance Overview - Over the past 52 weeks, DTE's shares have increased by 14.6%, outperforming the S&P 500 Index, which gained 13.7%. However, in the last six months, DTE's stock has seen a slight decline, while the S&P 500 rose by 12% [2] - DTE has also outperformed the Utilities Select Sector SPDR Fund (XLU) with a 13% increase over the past year, but has underperformed in the last six months with a 9% return [3] Earnings Report - Following the release of its third-quarter earnings, DTE's shares dropped by 1.8%. The operating EPS rose to $2.25, exceeding expectations, and operating earnings increased to $468 million. Management remains confident in achieving the high end of its FY2025 operating EPS guidance of $7.09–$7.23 [4] - A significant highlight for the quarter was DTE's expanding role in data-center electrification, finalizing a 1.4-GW agreement and engaging in late-stage talks for nearly 3 GW more, leading to a $6.5 billion increase in its five-year capital investment plan [4] Analyst Expectations - For the current fiscal year ending in December, analysts project DTE's EPS to grow by 5.9% year over year to $7.23. The company's earnings surprise history is mixed, having exceeded consensus estimates in three of the last four quarters but missing in the previous quarter [5] - Among 17 analysts covering DTE, the consensus rating is a "Moderate Buy," consisting of seven "Strong Buy," one "Moderate Buy," and nine "Hold" ratings [5] Analyst Sentiment - The current analyst configuration is less bullish than two months ago when eight analysts had suggested a "Strong Buy" rating for the stock. J.P. Morgan analyst Jeremy Tonet reiterated a "Hold" rating on DTE Energy with a price target of $151 [6]

Core Viewpoint - DTE Energy Inc. is currently experiencing a slight increase in share price, but its performance over the past month shows a decline, raising questions about potential overvaluation despite a year-over-year increase [1]. Group 1: Stock Performance - DTE Energy's share price is currently at $137.00, reflecting a 0.18% increase [1]. - The stock has decreased by 3.46% over the past month but has increased by 13.89% over the past year [1]. Group 2: P/E Ratio Analysis - The P/E ratio is a critical metric for evaluating a company's market performance, comparing current share price to earnings per share (EPS) [5]. - DTE Energy has a lower P/E ratio compared to the Multi-Utilities industry average of 30.96, suggesting it may be undervalued [6]. - A lower P/E ratio could indicate either undervaluation or potential weak growth prospects, necessitating a cautious approach in interpretation [10]. Group 3: Investment Considerations - Investors should consider the P/E ratio alongside other financial metrics, industry trends, and qualitative factors for a comprehensive analysis of DTE Energy's financial health [10].

Core Insights - Two energy companies, DTK and XELLL, achieved a perfect "Compliance Score" of 10 out of 10 on a ten-point scale for their junior subordinated notes due in 2085 [1] Group 1 - The article highlights the performance of DTK and XELLL in the context of preferred stocks and compliance ratings [1] - It indicates that investors may have varying preferences for securities based on their compliance scores, suggesting a range of investment strategies [1]

Financial Performance - The company reported third quarter earnings of $419 million, or $2.01 per diluted share, compared to $477 million, or $2.30 per diluted share in 2024[3] - Operating earnings for the third quarter 2025 were $468 million, or $2.25 per diluted share, compared to 2024 operating earnings of $460 million, or $2.22 per diluted share[3] - DTE Energy Company's diluted earnings per share for the DTE Electric segment was $2.44 for Q3 2025, compared to $2.60 in Q3 2024, reflecting a decrease of 6.15%[17] - The DTE Gas segment reported a diluted earnings per share of $(0.18) for Q3 2025, consistent with $(0.18) in Q3 2024[17] - For the nine months ended September 30, 2025, net income attributable to DTE Energy Company was $1,093 million, an increase of 7.3% from $1,022 million in the same period of 2024[20] - The DTE Electric segment's net income for the nine months ended September 30, 2025, was $947 million, up from $886 million in 2024, representing a growth of 6.9%[20] - DTE Energy's overall diluted earnings per share for the nine months ended September 30, 2025, was $5.26, compared to $5.71 in 2024, indicating a decrease of 7.9%[22] - The DTE Gas segment's operating earnings for the nine months ended September 30, 2025, remained stable at $174 million, compared to $159 million in 2024[20] - The Energy Trading segment's operating earnings decreased to $81 million for the nine months ended September 30, 2025, down from $82 million in 2024[20] Investment and Infrastructure - DTE Energy invested nearly $3 billion in its utilities through the third quarter of 2025, remaining on track to invest a total of $4.4 billion this year[2] - DTE Energy's investments are focused on upgrading electric and natural gas infrastructure and transitioning to cleaner power generation[2] - The company executed a 1.4 GW data center agreement, which will ramp up over the next two to three years, creating substantial affordability benefits for existing customers[4] Sustainability and Community Support - DTE Energy donated $800,000 to United Way to support vulnerable customers during extreme summer heat[11] - The company published its 2024 Sustainability Report, highlighting progress in expanding renewable energy and reducing carbon emissions[11] Operational Goals - DTE's smart grid devices have prevented more than 17,500 outages throughout the company's service territory through the first three quarters of 2025[11] - The company aims to reduce power outages by 30% and cut outage time in half by the end of 2029[11] - DTE Energy Company is focusing on market expansion and new technology development to enhance operational efficiency and profitability in the upcoming quarters[20] Future Guidance - DTE Energy confirmed 2025 operating EPS guidance of $7.09 - $7.23 and provided a 2026 operating EPS early outlook guidance range of $7.59 - $7.73[7] Segment Performance - DTE Vantage segment's operating earnings for the nine months ended September 30, 2025, increased to $111 million from $74 million in 2024, marking a significant rise of 50%[20] - The corporate and other segment reported a net loss of $(215) million for the nine months ended September 30, 2025, compared to a loss of $(83) million in 2024[20]

Core Insights - DTE Energy reported a significant decline in revenue for the quarter ended September 2025, with a revenue of -$999 million, down 134.4% year-over-year, while EPS increased slightly to $2.25 from $2.22 [1] - The reported revenue fell short of the Zacks Consensus Estimate of $3.02 billion, but the company exceeded EPS expectations with a surprise of +7.14% [1] Financial Performance Metrics - DTE Electric Deliveries totaled 11,484, slightly below the average estimate of 11,574 [4] - Total DTE Electric Sales were reported at 14,267 MWh, compared to the estimated 14,763.20 MWh [4] - Total Gas Operating Revenue was $209 million, significantly lower than the estimated $287 million, reflecting a year-over-year decline of -9.1% [4] - Operating Revenues from Non-Utility Operations in Energy Trading reached $1.18 billion, surpassing the estimate of $870.83 million, marking a year-over-year increase of +40.4% [4] - Operating Revenues from Utility Operations in Gas were $209 million, below the estimated $304.38 million, also showing a -9.1% year-over-year change [4] - Total Electric Operating Revenues were reported at $2.05 billion, exceeding the estimate of $1.74 billion, with a year-over-year increase of +20.9% [4] - Operating Revenues from Non-Utility Operations in Electric were $14 million, significantly higher than the estimated $2.47 million, reflecting a +600% change year-over-year [4] - Overall, Non-Utility Operations reported revenues of $1.3 billion, exceeding the estimate of $1.05 billion, with a year-over-year increase of +30% [4] Stock Performance - DTE Energy's shares returned -0.9% over the past month, contrasting with the Zacks S&P 500 composite's +3.6% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]

Core Insights - DTE Energy Company reported third-quarter 2025 operating earnings per share (EPS) of $2.25, exceeding the Zacks Consensus Estimate of $2.10 by 7.1% and showing a 1.4% increase from the previous year's figure of $2.22 [1][8] - The company reported GAAP earnings of $2.01 per share, down from $2.30 in the prior-year quarter [1] Financial Performance - Operating net income for the quarter was $468 million, compared to $460 million in the same period last year [2] - DTE Energy invested $3 billion through the third quarter of 2025, focusing on upgrading electric and natural gas infrastructure and transitioning to cleaner power generation [2][8] Segment Performance - DTE Electric segment reported earnings of $2.44 per share, an increase from $2.11 in the prior-year quarter [4] - DTE Gas segment recorded a loss of 18 cents per share, compared to a loss of 6 cents in the year-ago period [4] - Non-Utility Operations reported operating earnings of 30 cents per share, down from 35 cents in the third quarter of 2024 [4] Future Guidance - DTE Energy reiterated its 2025 operating EPS guidance, expecting it to be in the range of $7.09-$7.23, with the Zacks Consensus Estimate at the higher end of this range at $7.23 [5] Market Position - DTE Energy currently holds a Zacks Rank 3 (Hold) [6]

Financial Performance - Utility operations revenue for Q3 2025 was $2,223 million, up 16.8% from $1,903 million in Q3 2024[28] - Non-utility operations revenue increased to $1,304 million in Q3 2025, a 30.1% rise from $1,003 million in Q3 2024[28] - Total operating revenues for the nine months ended September 30, 2025, reached $11,386 million, compared to $9,021 million for the same period in 2024, reflecting a 26.3% increase[28] - Operating income for Q3 2025 was $619 million, a 19.7% increase from $517 million in Q3 2024[28] - Net income attributable to DTE Energy Company for Q3 2025 was $419 million, down 12.1% from $477 million in Q3 2024[28] - Basic earnings per share for Q3 2025 were $2.02, compared to $2.30 in Q3 2024, representing a decrease of 12.2%[28] - Net income for the nine months ended September 30, 2025, was $1,093 million, a slight decrease from $1,112 million in the same period of 2024[38] - Operating income for the nine months ended September 30, 2025, rose to $1,235 million, up from $1,129 million in 2024, marking an increase of 9.4%[42] Assets and Liabilities - Total assets as of September 30, 2025, were $52,028 million, an increase from $48,846 million as of December 31, 2024[32] - Long-term debt (net of current portion) increased to $24,496 million as of September 30, 2025, compared to $20,690 million at the end of 2024[36] - Total cash, cash equivalents, and restricted cash at the end of the period was $79 million, a significant decrease from $1,023 million at the end of the previous period[38] - The balance of common stock increased to $6,835 million as of September 30, 2025, from $6,754 million at the end of September 2024[40] - Total shareholder's equity increased to $11,463 million as of September 30, 2025, up from $11,154 million at the end of 2024, marking a growth of 2.8%[50] Cash Flow and Expenditures - Net cash from operating activities for the nine months ended September 30, 2025, was $2,361 million, down from $2,559 million in 2024, a decrease of 7.7%[38] - Plant and equipment expenditures for utility operations were $2,999 million for the nine months ended September 30, 2025, compared to $3,170 million in 2024, a decrease of 5.4%[38] - Dividends paid on common stock increased to $653 million in 2025 from $607 million in 2024, reflecting an increase of 7.6%[38] Regulatory and Compliance - DTE Electric filed a rate case requesting a $574 million increase in base rates, with a projected return on equity increase from 9.9% to 10.75%[121] - DTE Electric has spent approximately $2.4 billion to comply with air pollution requirements and does not anticipate additional capital expenditures for air pollution compliance in the near term[197] - The estimated cost to comply with the revised coal combustion residuals rule is approximately $430 million, increased by $130 million in Q3 2025 due to more thorough site investigations[203] Environmental and Legal Matters - DTE Energy's non-utility businesses are subject to various environmental laws and regulations[215] - The EPA's Good Neighbor Rule remains uncertain due to ongoing litigation, with no significant financial impact expected at this time[213] - The court granted a motion allowing the DOJ to amend their complaint to include DTE Energy as a defendant in the EES Coke case[216] Derivative and Financial Instruments - DTE Energy's derivative assets included $18 million in FTRs (Financial Transmission Rights) as of September 30, 2025, compared to $9 million in the previous year[143] - DTE Energy's total fair value of derivatives reported was $103 million in assets and $(48) million in liabilities as of September 30, 2025[179] - DTE Energy's net remaining amount from derivative positions, after accounting for collateral obligations, was $36 million as of September 30, 2025[182] Customer and Market Information - DTE Electric serves approximately 2.3 million customers in southeastern Michigan, while DTE Gas serves about 1.3 million customers across Michigan[61] - DTE Electric's residential revenue increased to $968 million in Q3 2025, up from $946 million in Q3 2024[107] Miscellaneous - DTE Energy recorded a valuation allowance of $16 million related to charitable contribution carryforward due to the enactment of the One Big Beautiful Bill Act[82] - DTE Energy's acquisition of a 123 MW cogeneration facility for approximately $216 million enhances its generating capacity[104]