The DTE Energy Company has been involved in essential news updates. It completed the spin-off of its subsidiary DT Midstream. The organization also made significant advancements towards its energy efficiency targets through its groundbreaking energy efficiency academy. Recently, the company has raised the price target to $125. Additional news includes DTE Energy executive selling $1.16 million in company stock and DTE Energy Co's upgraded earnings predictions for Q2 2025, boosted by Zacks Research. The shares of the energy firm were also purchased by Applied Finance Capital Management LLC and the Teacher Retirement System of Texas. Rumor has it that the organization has been requesting another rate hike of $456M, drawing the ire of the State Attorney General. The organization is also actively seeking developers for new renewable projects and has requested bids for standalone energy storage projects. Lastly, DTE Energy reported its first-quarter earnings and faced increased oversight concerning alleged 'hardship-inducing' debt collection practices.
Dte Energy Company DTE News Analytics from Fri, 01 Dec 2023 08:00:00 GMT to Wed, 22 May 2024 20:30:00 GMT - Rating 0 - Innovation -2 - Information 7 - Rumor -6