Invested more than $3.8 billion in electric and gas infrastructure to improve reliability and generate more clean energyHistoric investments in utility infrastructure exceed strong cash generated by our businesses, as supported by regulatory constructReduced customers' bills by $300 million in fuel and transportation cost savingsSecured nearly $160 million in energy assistance for our most vulnerable customersChampioned job creation with Michigan businesses Earned recognition for MIGreenPower as top utility ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________________________________ FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2023 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 (State or other jurisdiction of incorporation or organization ...

Detroit, Jan. 25, 2024 (GLOBE NEWSWIRE) -- DTE Energy (NYSE:DTE) will announce its full year 2023 earnings before the market opens Thursday, Feb. 8, 2024. The company will conduct a conference call to discuss earnings results at 9 a.m. ET the same day. Investors, the news media and the public may listen to a live internet broadcast of the call at dteenergy.com/investors. The telephone dial-in number in the U.S. and Canada toll free is: (888) 510-2008 or international toll: (646) 960-0306. The passcode is 4 ...

Detroit, Jan. 25, 2024 (GLOBE NEWSWIRE) -- DTE Energy (NYSE:DTE) will announce its full year 2023 earnings before the market opens Thursday, Feb. 8, 2024. The company will conduct a conference call to discuss earnings results at 9 a.m. ET the same day. Investors, the news media and the public may listen to a live internet broadcast of the call at dteenergy.com/investors. The telephone dial-in number in the U.S. and Canada toll free is: (888) 510-2008 or international toll: (646) 960-0306. The passcode is 4 ...

DTE Energy Company (NYSE:DTE) Q3 2023 Earnings Conference Call November 1, 2023 9:00 AM ET Company Participants Barbara Tuckfield - Director, IR Gerardo Norcia - Chairman & CEO David Ruud - EVP & CFO Conference Call Participants Shahriar Pourreza - Guggenheim David Arcaro - Morgan Stanley Durgesh Chopra - Evercore ISI Jeremy Tonet - JPMorgan Julien Dumoulin-Smith - Bank of America Anthony Crowdell - Mizuho Andrew Weisel - Scotiabank Steve Fleishman - Wolfe Research Sophie Karp - KeyBanc Travis Miller - Morn ...

Financial Performance & Guidance - DTE Energy revised its operating EPS guidance downward from $6.09-$6.40 to $5.65-$5.85[4] - The company identified $265 million of annualized offsets to headwinds, equivalent to $1.29 per share[62] - DTE Electric's 2023 earnings decreased by $95 million, from $363 million in 2022 to $268 million in 2023, due to cooler weather, higher storm expenses, and higher rate base costs[3] - DTE Vantage's earnings increased by $30 million, from $26 million in 2022 to $56 million in 2023, driven by RNG and steel-related earnings[3] - Energy Trading saw an increase of $51 million, moving from a loss of $20 million in 2022 to a profit of $31 million in 2023, attributed to physical power portfolio performance[3] Capital Investment & Cash Flow - Capital expenditures for DTE Electric totaled $2.244 billion YTD 3Q 2023, compared to $1.867 billion in YTD 3Q 2022[82] - DTE Gas's capital expenditures were $528 million YTD 3Q 2023, up from $475 million in YTD 3Q 2022[82] - The company anticipates capital expenditures between $4.185 billion and $4.285 billion in 2023[83] - Cash from operations increased from $1.4 billion YTD 3Q 2022 to $2.4 billion YTD 3Q 2023[82] Strategic Initiatives & Environmental Impact - DTE Energy is transitioning towards net-zero emissions at its utilities[33] - The company plans to cease coal use at one Belle River unit in 2025 and the remaining unit in 2026, converting to a 1,300 MW natural gas peaking resource[86, 123] - DTE is adding 1,200 MW of solar and 350 MW of energy storage[123]

FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period ended September 30, 2023 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 __________________________________________ 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 inco ...

Safe harbor statement Participants Barbara Tuckfield – Director of Investor Relations Highly engaged team committed to delivering bestin-class results for our customers, communities and investors • Named one of Metro Detroit's Best and Brightest Companies to Work For Supporting our communities • Executing on plan to achieve 2023 targets; long-term operating EPS1 growth rate of 6% - 8% • Transforming generation by targeting carbon emission reductions of 85% in 2032, 90% by 2040 and net zero1 by 2050 • Develo ...

Financial Data and Key Metrics Changes - Operating earnings for Q2 2023 were $206 million, translating to $0.99 per share, with DTE Electric earnings at $178 million, $8 million lower than Q2 2022 due to cooler weather and lower residential sales [15][16] - DTE Gas operating earnings increased to $24 million, $18 million higher than Q2 2022, driven by one-time O&M cost reductions [16] - Energy Trading earnings were $36 million, $29 million higher than the previous year, attributed to favorable contract pricing [17][19] Business Line Data and Key Metrics Changes - DTE Electric faced headwinds from cooler weather and lower residential sales, while DTE Gas benefited from one-time O&M reductions [16][20] - DTE Vantage reported operating earnings of $26 million, a decrease of $2 million from last year due to planned outages [17] - Energy Trading's performance improved due to robust contract premiums in its physical power portfolio [19] Market Data and Key Metrics Changes - The company is experiencing favorable conditions in its gas business and energy trading, which are expected to help offset challenges faced in the electric segment [20][38] - The regulatory environment in Michigan is supportive, as evidenced by the approval of the IRP settlement agreement [5][10] Company Strategy and Development Direction - The company is committed to a clean energy transition, planning to cease coal use by 2032 and invest over $11 billion in clean energy over the next decade [6][7] - DTE plans to develop more than 15,000 megawatts of renewables by 2042 and build over 1,800 megawatts of energy storage [7][8] - The IRP settlement aligns with the company's long-term capital plan, supporting a 6% to 8% EPS growth target through 2027 [10][24] Management's Comments on Operating Environment and Future Outlook - Management acknowledged headwinds from weather and storms but expressed confidence in achieving the midpoint of their EPS guidance for 2023 [20][54] - The company is focused on cost management and has implemented one-time O&M reductions to offset challenges [20][38] - Management remains optimistic about the regulatory environment and the potential for higher ROEs in future settlements [43][51] Other Important Information - DTE Electric placed Michigan's largest wind park, the Meridian Wind Park, into service, contributing to the state's decarbonization goals [11] - The company received recognition for its employee engagement and community involvement, highlighting its commitment to stakeholders [4][5] Q&A Session Summary Question: Update on electric rate case proceeding - Management targets a settlement by mid-October and believes they have the ingredients for a successful resolution [28] Question: Weather expectations for Q3 - Management indicated that weather conditions are starting as expected, with August and September being critical months [29] Question: DTE Vantage opportunistic sales - Management is exploring various offsets across their portfolio, including byproducts from their steel business [30][32] Question: Flex O&M for the remainder of the year - Management is actively seeking opportunities to offset challenges through various cost-cutting measures [35][36] Question: Update on IRP and technology for Monroe replacement - Management plans to study various options, including a combined cycle plant with carbon capture, for Monroe's replacement [56] Question: DOE funding for Belle River conversion - Management is exploring DOE funds to support the Belle River conversion, which could help with customer affordability [61] Question: Financial tools for offsetting weather headwinds - Management is continuously looking for opportunities but does not currently see a similar opportunity as competitors [66] Question: Update on distribution grid plan - Management will file an updated distribution grid plan addressing tree trimming, maintenance, automation, and aging infrastructure by year-end [67][69] Question: Impact of electric vehicles on investment opportunities - Management is optimistic about transportation electrification and its potential to create investment opportunities in the future [72][74] Question: Contingency for achieving guidance - Management indicated that contingency in the electric company has been exhausted, relying on normal weather for the remainder of the year [75]

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 June 30, 2023 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 1-11607 DTE Energy Company Michigan 38-3217752 (State or other jurisdiction of incorporation or organization) (I.R.S Employer Identifi ...