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DTE Energy reports second quarter 2024 accomplishments, earnings and investments in improving energy infrastructure
Newsfilter· 2024-07-25 11:21
DETROIT, July 25, 2024 (GLOBE NEWSWIRE) -- DTE Energy (NYSE:DTE) invested over $2 billion in the first half of 2024, on pace for a full year investment of over $4 billion, to make its electric and natural gas infrastructure more resilient to extreme weather and to generate cleaner energy for the communities it serves. DTE is progressing on building a smarter and stronger electric grid, upgrading natural gas infrastructure to be even safer and more reliable, and transforming the way the company generates pow ...
DTE Energy reports second quarter 2024 accomplishments, earnings and investments in improving energy infrastructure
GlobeNewswire News Room· 2024-07-25 11:21
Committed to improving electric reliability for customers Broke ground on region's largest battery energy storage facility Helped make NFL Draft a carbon-neutral success Grew Energy Efficiency Academy in Detroit and expanded to Grand Rapids Honored with Civic 50 award for being among the 50 most community-minded companies in the United States DETROIT, July 25, 2024 (GLOBE NEWSWIRE) -- DTE Energy (NYSE:DTE) invested over $2 billion in the first half of 2024, on pace for a full year investment of over $4 bill ...
DTE Energy (DTE) Earnings Expected to Grow: Should You Buy?
ZACKS· 2024-07-18 15:09
Wall Street expects a year-over-year increase in earnings on higher revenues when DTE Energy (DTE) reports results for the quarter ended June 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact 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 July 25. On the ...
DTE Energy: Buy This Dividend Grower On Sale Now
Seeking Alpha· 2024-07-18 11:00
11 aydinmutlu one of my favorite sectors is utilities. It's also not hard to understand why. Although the scetor has to adapt to technological changes, substitute risk is minimal. I don' have an exact probability of humanity discovering a cheaper/more efficient alternative in my lifetime to electricity, water, and or natural gas, However, I'm not a betting man, and even I'm willing to venture that it's rather close to zero. The company is celebrating its 175th year in business this year. Talk about longevit ...
DTE Energy schedules second quarter 2024 earnings release, conference call
Newsfilter· 2024-07-11 12:36
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. The U.S. and international toll telephone dial-in number is: (646) 960-0306 and the Canada dial-in toll is: (289) 514- 5035. The passcode is 4987588. The webcast will be archived on the DTE Energy website at dteenergy.com/investors. For more information, members of the media may contact: Dan Miner, DTE Energ ...
DTE Energy schedules second quarter 2024 earnings release, conference call
GlobeNewswire News Room· 2024-07-11 12:36
The company will conduct a conference call to discuss earnings results at 8:30 a.m. ET the same day. For further information, analysts may call: Matt Krupinski, DTE Energy: 313.235.6649 John Dermody, DTE Energy: 313.235.8750 DTE Energy (NYSE:DTE) is a Detroit-based diversified energy company involved in the development and management of energy-related businesses and services nationwide. Its operating units include an electric company serving 2.3 million customers in Southeast Michigan and a natural gas comp ...
DTE Energy Board of Directors declares quarterly dividend
GlobeNewswire News Room· 2024-06-20 20:03
Detroit, June 20, 2024 (GLOBE NEWSWIRE) -- (NYSE: DTE) — The DTE Energy Board of Directors declared a $1.02 per share dividend on its common stock payable Oct. 15, 2024, to shareholders of record at the close of business Sept. 16, 2024. About DTE Energy For more information, members of the media may contact: Dan Miner, DTE Energy: 313.235.5555 DTE Energy (NYSE:DTE) is a Detroit-based diversified energy company involved in the development and management of energy-related businesses and services nationwide. I ...
DTE Energy (DTE) to Build 220MW Michigan Energy Storage Center
ZACKS· 2024-06-12 14:31
DTE Energy Company (DTE) has revealed that it is set to construct a 220-megawatt (MW) battery energy storage complex at the site of its former coal power plant in Trenton Channel, MI. This should expand DTE's footprint in the rapidly expanding energy storage market. Benefits of the Project Almost 40,000 houses will be powered by 880 megawatt-hours of electricity that the new Trenton Channel Energy Center is expected to store. This, in turn, will put DTE a step ahead of achieving its target of more than doub ...
DTE Energy to build region's largest battery energy storage center at site of retired Trenton Channel coal plant
Newsfilter· 2024-06-10 14:30
Detroit, June 10, 2024 (GLOBE NEWSWIRE) -- DTE Energy (NYSE:DTE), Michigan's largest producer of renewable energy, will also become a leader in battery storage as it converts a portion of its retired Trenton Channel coal power plant site to house a 220-megawatt battery energy storage center. When complete in 2026, the energy storage center is expected to be the largest standalone battery energy storage project in the Great Lakes region. "Today, roughly one-third of all electricity generated by DTE comes fro ...
DTE Energy to build region's largest battery energy storage center at site of retired Trenton Channel coal plant
GlobeNewswire News Room· 2024-06-10 14:30
Detroit, June 10, 2024 (GLOBE NEWSWIRE) -- DTE Energy (NYSE:DTE), Michigan's largest producer of renewable energy, will also become a leader in battery storage as it converts a portion of its retired Trenton Channel coal power plant site to house a 220-megawatt battery energy storage center. When complete in 2026, the energy storage center is expected to be the largest standalone battery energy storage project in the Great Lakes region. The new Trenton Channel Energy Center will support DTE's transformation ...