DTE Energy has been performing admirably in the energy market, scoring the highest in customer satisfaction for business natural gas service in the Midwest. The company commenced operation of its largest solar park, the 150MW Sauk Solar park in Michigan, boosting its clean energy portfolio. Despite recent losses, DTE Energy stock has consistently outperformed competitors during trade days. Strong progress in clean energy and the opening of its largest solar park were some key highlights from DTE Energy's very positive Q3 2024 earnings call. A potential black mark, however, may be its alleged ghostwriting of comments to push a $456 million rate hike. The company has an extensive back log of inspections according to a recent audit, and claims of unfair rate hikes and service cost may raise eyebrows. On the other hand, DTE Energy has beaten quarterly profit estimates, with prospects looking promising for the energy company with clean energy goals on the horizon. With institutional ownership at approximately 78%, DTE Energy is led by a strong group of investors.
Dte Energy Company DTE News Analytics from Thu, 08 Feb 2024 08:00:00 GMT to Fri, 01 Nov 2024 21:30:00 GMT -
Rating 6
- Innovation 4
- Information 8
- Rumor 2
