DTE Energy Company has been involved in a number of significant events recently. The company sued St. Clair County over solar farm regulations and is set to report its Q2 earnings. It has also garnered support from the LPO to fund infrastructure improvements to maintain affordability for its customers. In a somewhat negative light, the Michigan utility has been accused of sabotaging Covid lockdown policies. Despite this, investors have seen a 62% return over the past five years. Further, the company's Board of Directors announced a quarterly dividend and an upcoming Q2 2025 earnings release. Conflicts arose when Michiganders protested DTE Energy's rate hike. Yet, the company maintained a strong position due to 79% of the shares being held by institutional owners. Looking to the future, DTE Energy has plans to invest $4.4 Billion in 2025 to improve electric reliability, while hoping to increase the rate by more than $500 million. Finally, in a significant move, DTE Energy named Joi Harris as the company's first female CEO.
Dte Energy Company DTE News Analytics from Thu, 16 Jan 2025 08:00:00 GMT to Fri, 25 Jul 2025 18:44:02 GMT -
Rating 7
- Innovation 5
- Information 8
- Rumor -3
