DTE Energy(DTE)
Search documents
DTE Energy(DTE) - 2024 Q1 - Quarterly Results
2024-05-02 20:17
Exhibit 99.1 DTE Gas Company Unaudited Consolidated Financial Statements as of and for the Three Months Ended March 31, 2024 TABLE OF CONTENTS | | Page | | --- | --- | | Definitions | 1 | | Consolidated Statements of Operations (Unaudited) | 2 | | Consolidated Statements of Comprehensive Income (Unaudited) | 3 | | Consolidated Statements of Financial Position (Unaudited) | 4 | | Consolidated Statements of Cash Flows (Unaudited) | 6 | | Consolidated Statements of Changes in Shareholder's Equity (Unaudited) | ...
DTE or WEC: Which Is the Better Value Stock Right Now?
Zacks Investment Research· 2024-05-01 16:41
Investors interested in Utility - Electric Power stocks are likely familiar with DTE Energy (DTE) and WEC Energy Group (WEC) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and ou ...
DTE Energy(DTE) - 2024 Q1 - Earnings Call Transcript
2024-04-25 19:24
Call Start: 08:30 January 1, 0000 9:24 AM ET DTE Energy Company (NYSE:DTE) Q1 2024 Earnings Conference Call April 25, 2024 08:30 ET Company Participants Barbara Tuckfield - Director of Investor Relations Gerardo Norcia - Chairman & Chief Executive Officer Joi Harris - President & Chief Executive Officer David Ruud - Executive Vice President & Chief Financial Officer Conference Call Participants Shar Pourreza - Guggenheim Partners Nick Campanella - Barclays Jeremy Tonet - JPMorgan David Arcaro - Morgan Stanl ...
DTE Energy's (DTE) Q1 Earnings Lag Estimates, Rise Y/Y
Zacks Investment Research· 2024-04-25 16:16
DTE Energy Company (DTE) reported first-quarter 2024 operating earnings per share (EPS) of $1.67, which missed the Zacks Consensus Estimate of $1.71 per share by 2.3%. However, the bottom line improved 25.6% from the year-ago quarter’s reported figure of $1.33.The company reported GAAP earnings of $1.51 per share compared with $2.16 in the prior-year quarter.Highlights of the ReleaseThe operating net income in the quarter was $346 million compared with $274 million in the year-ago period.Segmental DetailsUt ...
DTE Energy(DTE) - 2024 Q1 - Quarterly Report
2024-04-25 13:29
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 __________________________________________ FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period ended March 31, 2024 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission File Number: 1-11607 DTE Energy Company Michigan 38-3217752 (State or other jurisdiction of incorpor ...
DTE Energy helps make NFL Draft carbon neutral
Newsfilter· 2024-04-22 11:43
Detroit, April 22, 2024 (GLOBE NEWSWIRE) -- DTE Energy (NYSE:DTE), Michigan's largest producer of renewable energy, is working with the National Football League (NFL) and local tourism non-profit Visit Detroit to help the 2024 NFL Draft become carbon neutral. By leveraging DTE's voluntary renewable energy programs, the NFL will create a more sustainable environment for the hundreds of thousands of visitors coming to Detroit, with positive impact for the local community. DTE is helping reduce carbon emissio ...
DTE Energy (DTE) Reports Next Week: Wall Street Expects Earnings Growth
Zacks Investment Research· 2024-04-18 15:06
The market expects DTE Energy (DTE) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on ...
Reasons to Add DTE Energy (DTE) Stock to Your Portfolio Now
Zacks Investment Research· 2024-04-17 13:05
DTE Energy Corp.’s (DTE) disciplined capital spending program to maintain and upgrade the reliability of its electric utility systems boosts its performance. Given its growth prospects, DTE makes for a solid investment option in the utility sector.Let’s focus on the factors that make this Zacks Rank #2 (Buy) company a strong investment pick at the moment.Solid Growth ProjectionsThe Zacks Consensus Estimate for DTE Energy’s 2024 EPS has increased 0.45% to $6.70 per share over the past 90 days. The Zacks Cons ...
DTE vs. PEG: Which Stock Is the Better Value Option?
Zacks Investment Research· 2024-04-12 16:41
Investors interested in Utility - Electric Power stocks are likely familiar with DTE Energy (DTE) and PSEG (PEG) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The proven Zacks Rank emphasizes companies with positive estimate ...
DTE Energy (DTE) Upgraded to Buy: Here's What You Should Know
Zacks Investment Research· 2024-04-11 17:01
DTE Energy (DTE) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.Individua ...