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Shares of electric and gas utility provider DTE Energy Co. (DTE, Financial) have shown upward momentum over the past year. The stock has climbed by double digits year to date due to rising recessionary concerns in the U.S., pushing it close to its highest levels in nearly a decade.
DTE Energy (DTE) is a solid investment pick in the utility space, given its growth prospects, strong dividend yield and systematic long-term capital expenditure plan.
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While the top- and bottom-line numbers for DTE Energy (DTE) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
DTE Energy (DTE) reports Q2 operating net income of $296 million compared with $206 million in the year-ago period.
DTE Energy (DTE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
DTE Energy has been operating for 175 years, which is a testament to its consistency as a business. The company has a very sustainable path to deliver 6% to 8% annual operating EPS growth in the years to come. DTE's balance sheet is reasonably well-capitalized.
DTE Energy (DTE) is projected to gain from its systematic investment plan and decrease carbon emissions from its portfolio.
DTE Energy (DTE) to build a battery energy storage center in the Great Lakes region, which will benefit its consumers by decreasing the grid's load.
DTE Energy said on Monday it would convert a portion of its shuttered coal power plant at Trenton Channel, Michigan, into a battery energy storage center.
Investors looking for stocks in the Utility - Electric Power sector might want to consider either DTE Energy (DTE) or Southern Co. (SO). But which of these two stocks presents investors with the better value opportunity right now?