DTE Energy Co

DTE

Equity

ISIN null / Valor 370527

New York Stock Exchange, Inc (2026-09-08)

USD 137.26+0.87%

DTE Energy Co
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About company

DTE Energy Co, headquartered in Detroit, is a multifaceted energy corporation engaged in the development and management of energy-related businesses and services across the United States. The company's core operations are divided into two primary units: DTE Electric and DTE Gas. DTE Electric is responsible for generating, transmitting, and distributing electricity to approximately 2.3 million customers in Southeast Michigan, utilizing a diverse mix of energy sources including coal, nuclear fuel, natural gas, hydroelectric pumped storage, and renewable sources. On the other hand, DTE Gas focuses on the purchase, storage, transmission, distribution, and sale of natural gas, serving around 1.3 million customers in Michigan. The company boasts significant natural gas storage capacity, underlining its prominence in the state's energy sector. Beyond its utility operations, DTE Energy has expanded into non-utility businesses, which include industrial energy services, renewable natural gas, and energy marketing and trading. With a history dating back to its founding years in the late 19th and early 20th centuries, DTE Energy has grown into one of Michigan's leading corporate citizens, employing over 10,000 individuals and playing a pivotal role in the economic and community development of the 450 Michigan communities it serves.

Summarized from source with an LLMView SourceSector: Energy

Quarterly earnings

Q2 2026 reported net income: $282 million; reported diluted EPS: $1.35. Year‑over‑year reported EPS increased from $1.10 in Q2 2025.

Operating (non‑GAAP) results

Q2 2026 operating earnings were $274 million, or $1.32 per diluted share, down slightly from 2025 operating earnings of $283 million, or $1.36. Reconciliations are included in the company release; operating results exclude certain mark‑to‑market and other non‑recurring items.

Capital investments and reliability

DTE invested more than $2.6 billion in its utilities in H1 2026, including over $900 million focused on improving electric reliability and affordability (grid modernization, tree trimming, smart grid deployments).

Clean energy and storage

The company announced a $1.6 billion battery storage investment with LG Energy Solution Vertech to support about 1.5 GW of storage across eight Michigan projects, which DTE estimates will generate roughly $2.3 billion in total economic benefit for the state.

Customer programs & rate timing

Smart grid technology prevented more than 49,000 outages in H1 2026 (90,000+ since 2023). Subject to a supported data center project coming online and regulatory approvals, DTE plans to refrain from filing another electric rate request until at least 2028.

Other corporate highlights

DTE expanded a renewable energy agreement with the University of Michigan (MIGreenPower) and received the Edison Electric Institute’s 2026 Supplier Engagement Excellence Award.

Outlook

DTE confirmed 2026 operating EPS guidance of $7.59 to $7.73 and stated it remains on track to meet that guidance while managing costs and capital deployment.

Summarized from source with an LLMView Source

Key figures

1.87%1Y

33.7%3Y

13.1%5Y

Performance

17.1%1Y

18.4%3Y

19.1%5Y

Volatility