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DTE Energy's ground-breaking energy efficiency academy grows talent pipeline program in Detroit and expands to Grand Rapids
Newsfilter· 2024-05-20 14:18
For more information about the Energy Efficiency Academy, visit empoweringmichigan.com/EEAcademy. To learn more about DTE's energy-saving programs, visit dteeenrgy.com/saveenergy. About DTE Energy Detroit, May 20, 2024 (GLOBE NEWSWIRE) -- For Demetria Tucker, transitioning into the clean energy career field was a leap of faith. She hoped to secure a better-paying job to support herself and her family, with future growth opportunities and advanced training, so she joined DTE's Energy Efficiency Academy. In J ...
DTE Energy's ground-breaking energy efficiency academy grows talent pipeline program in Detroit and expands to Grand Rapids
globenewswire.com· 2024-05-20 14:18
Detroit, May 20, 2024 (GLOBE NEWSWIRE) -- For Demetria Tucker, transitioning into the clean energy career field was a leap of faith. She hoped to secure a better-paying job to support herself and her family, with future growth opportunities and advanced training, so she joined DTE's Energy Efficiency Academy. In June of last year, Demetria graduated from the Academy and moved into a career earning wages that double the state's average. DTE was ranked a Top 5 Utility by the American Counsel for an Energy-Eff ...
DTE vs. SO: Which Stock Is the Better Value Option?
zacks.com· 2024-05-17 16:40
Our Value category highlights undervalued companies by looking at a variety of key metrics, including the popular P/E ratio, as well as the P/S ratio, earnings yield, cash flow per share, and a variety of other fundamentals that have been used by value investors for years. DTE currently has a forward P/E ratio of 17.44, while SO has a forward P/E of 19.87. We also note that DTE has a PEG ratio of 2.91. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio ...
DTE Energy: Common Shares Are Overvalued, Consider The High-Yield Baby Bonds Instead
Seeking Alpha· 2024-05-13 14:14
1xpert/iStock via Getty Images DTE Energy (NYSE:DTE) is the largest utility in the State of Michigan, incorporated in 1995. Its four wholly-owned subsidiaries are DTE Electric (founded in 1903 as the Detroit Edison Company), DTE Gas (founded in 1849 as City of Detroit Gas), DTE Vantage, and DTE Energy Trading (started in 1998). Vantage operates renewable natural gas projects and provides energy consulting services. DTE Electric has 2.3 million customers in southeast Michigan, which includes the City of ...
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 ...