The news surrounding DTE Energy Company (DTE) has been diverse, covering an assortment of topics. The company's growth implications from a projected 7 GW new load from data centers have been noted, though they are also encountering pressure from regulatory bodies. A major lawsuit surrounding liability for Zug Island air pollution sees DTE seeking the limit of their responsibility. Meanwhile, Morgan Stanley has maintained an Overweight recommendation for DTE's Corporate Bond and adjusted the price target for DTE stock.
DTE recently announced the pricing of 2025 Series H 6.25% junior subordinated debentures, while their Q2 2025 earnings highlighted strong performance and strategic investments. However, the company just missed EPS by 22%, causing some speculation among analysts. DTE has made notable strides in embracing clean energy, announcing its $4.4B grid upgrade plan alongside two major solar projects. Ongoing discussions with big tech data centers over supplying 3GW of power and proposing a $574 million rate hike have drawn attention. A notable corporate development saw Joi Harris elected as the company's first female CEO, signaling a shift in DTE's leadership.
Dte Energy Company DTE News Analytics from Thu, 16 Jan 2025 08:00:00 GMT to Sat, 27 Sep 2025 04:39:24 GMT - Rating 2 - Innovation -2 - Information 5 - Rumor -3
