DTE Energy(DTE)
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DTE Energy Foundation invites community transformation-focused nonprofits to apply for $150K in grant support
Newsfilter· 2024-03-01 17:24
Detroit, March 01, 2024 (GLOBE NEWSWIRE) -- The DTE Energy Foundation today invited Michigan nonprofits that serve local communities to submit Letters of Intent for a chance to be selected for a grant that will support community transformation efforts. The DTE Foundation will provide up to $150,000 to be shared across two or more Michigan nonprofits focused on local, community transformation and revitalization. Letters of Intent will be accepted now through 5 p.m. on Wednesday, May 1. Nonprofit organization ...
DTE vs. MGEE: Which Stock Is the Better Value Option?
Zacks Investment Research· 2024-02-15 17:40
Investors interested in Utility - Electric Power stocks are likely familiar with DTE Energy (DTE) and MGE (MGEE) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.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 puts an emphasis on earnings estimates and estim ...
Reasons to Add DTE Energy (DTE) to Your Portfolio Right Now
Zacks Investment Research· 2024-02-09 12:45
DTE Energy’s (DTE) strategic long-term investment plans to maintain and upgrade its infrastructure should boost performance. The company also boasts a strong solvency position.Let’s explore the factors that make this Zacks Rank #2 (Buy) company a strong investment pick at the moment. Growth ProjectionsDTE Energy’s long-term (three to five-year) earnings growth rate is pegged at 6.3%.The Zacks Consensus Estimate for DTE’s first-quarter 2024 earnings per share (EPS) stands at $1.79, indicating an improvement ...
DTE Energy(DTE) - 2023 Q4 - Earnings Call Transcript
2024-02-08 19:57
DTE Energy Company (NYSE:DTE) Q4 2023 Earnings Conference Call February 8, 2024 9:00 AM ET Company Participants Barbara Tuckfield - Director, IR Gerardo Norcia - Chairman and CEO David Ruud - EVP and CFO Conference Call Participants Shar Pourreza - Guggenheim Partners Nick Campanella - Barclays Jeremy Tonet - JPMorgan Durgesh Chopra - Evercore ISI David Arcaro - Morgan Stanley Andrew Weisel - Scotiabank Michael Sullivan - Wolfe Research Sophie Karp - KeyBanc Julien Dumoulin-Smith - Bank of America Gregg Orr ...
DTE Energy (DTE) Q4 Earnings Meet Estimates, Increase Y/Y
Zacks Investment Research· 2024-02-08 15:55
DTE Energy Company (DTE) reported fourth-quarter 2023 operating earnings per share (EPS) of $1.97, which came in line with the Zacks Consensus Estimate. The bottom line, however, improved 50.4% from the year-ago quarter’s reported figure of $1.31.The company reported GAAP earnings of $2.02 per share compared with $1.31 in the prior-year quarter.For 2023, the company recorded operating EPS of $5.73, which missed the Zacks Consensus Estimate of $5.75. The bottom line also declined 6.1% from the year-ago level ...
DTE Energy(DTE) - 2023 Q4 - Earnings Call Presentation
2024-02-08 15:55
DTE 2023 Year-end Earnings Conference Call February 8, 2024 The information contained herein is as of the date of this document. DTE Energy expressly disclaims any current intention to update any forward-looking statements contained in this document as a result of new information or future events or developments. Words such as "anticipate," "believe," "expect," "may," "could," "projected," "aspiration," "plans" and "goals" signify forward-looking statements. Forward-looking statements are not guarantees of ...
Compared to Estimates, DTE Energy (DTE) Q4 Earnings: A Look at Key Metrics
Zacks Investment Research· 2024-02-08 15:36
DTE Energy (DTE) reported $-999 million in revenue for the quarter ended December 2023, representing a year-over-year decline of 122.3%. EPS of $1.97 for the same period compares to $1.31 a year ago. ...
DTE Energy reports 2023 earnings and accomplishments
Newsfilter· 2024-02-08 12:00
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 ...
DTE Energy(DTE) - 2023 Q4 - Annual Report
2024-02-07 16:00
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 Michigan 38-3217752 (State or other jurisdiction of incorpora ...
DTE Energy schedules full year 2023 earnings release, conference call
Newsfilter· 2024-01-25 13:45
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 ...