DTE Energy Benefits From Investments and Renewable Expansion

DTE Energy (DTE) has long-term capital expenditure plans to improve its infrastructure and renewable generation portfolio. The company is shutting down coal-fired units and replacing them with clean sources to produce electricity.  However, this Zacks Rank #3 (Hold) company faces risks related to unfavorable rate revisions and challenges in the energy trading business.DTE’s Tailwinds DTE Energy pursues a rigorous capital investment program to maintain and improve the dependability of its electric and natura ...