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Find out why through their latest events.See Latest EventsDTE Energy 배당 및 자사주 매입배당 기준 점검 3/6DTE Energy 수익으로 충분히 충당되는 현재 수익률 3.4% 보유한 배당금 지급 회사입니다.핵심 정보3.4%배당 수익률-5.2%자사주 매입 수익률총 주주 수익률-1.8%미래 배당 수익률3.9%배당 성장률4.2%다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향60%최근 배당 및 자사주 매입 업데이트공시 • Jun 21The DTE Energy Declares Quarterly Dividend, Payable October 15, 2024The DTE Energy Board of Directors declared a $1.02 per share quarterly dividend on its common stock payable October 15, 2024, to shareholders of record at the close of business September 16, 2024.공시 • May 03DTE Energy Declares Quarterly Dividend, Payable on July 15, 2024DTE Energy announced the board of directors declared a $1.02 per share quarterly dividend on its common stock, payable July 15, 2024, to shareholders of record at the close of business June 17, 2024.공시 • Dec 08DTE Energy Declares Dividend, Payable January 15, 2024The DTE Energy Board of Directors declared a $1.02 per share dividend on its common stock payable January 15, 2024, to shareholders of record at the close of business December 18, 2023.모든 업데이트 보기Recent updatesReported Earnings • Jul 26Second quarter 2024 earnings released: EPS: US$1.56 (vs US$0.97 in 2Q 2023)Second quarter 2024 results: EPS: US$1.56 (up from US$0.97 in 2Q 2023). Revenue: US$2.88b (up 7.1% from 2Q 2023). Net income: US$322.0m (up 61% from 2Q 2023). Profit margin: 11% (up from 7.5% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Integrated Utilities industry in Europe.공시 • Jul 12DTE Energy Company to Report Q2, 2024 Results on Jul 25, 2024DTE Energy Company announced that they will report Q2, 2024 results Pre-Market on Jul 25, 2024공시 • Jun 21The DTE Energy Declares Quarterly Dividend, Payable October 15, 2024The DTE Energy Board of Directors declared a $1.02 per share quarterly dividend on its common stock payable October 15, 2024, to shareholders of record at the close of business September 16, 2024.Recent Insider Transactions • May 19Insider recently sold €1.1m worth of stockOn the 15th of May, Mark Stiers sold around 10k shares on-market at roughly €107 per share. This transaction amounted to 17% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €4.1m more than they bought in the last 12 months.공시 • May 03DTE Energy Declares Quarterly Dividend, Payable on July 15, 2024DTE Energy announced the board of directors declared a $1.02 per share quarterly dividend on its common stock, payable July 15, 2024, to shareholders of record at the close of business June 17, 2024.Reported Earnings • Apr 26First quarter 2024 earnings released: EPS: US$1.52 (vs US$2.16 in 1Q 2023)First quarter 2024 results: EPS: US$1.52 (down from US$2.16 in 1Q 2023). Revenue: US$3.24b (down 14% from 1Q 2023). Net income: US$313.0m (down 30% from 1Q 2023). Profit margin: 9.7% (down from 12% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 1.5% growth forecast for the Integrated Utilities industry in Europe.공시 • Apr 12DTE Energy Company to Report Q1, 2024 Results on Apr 25, 2024DTE Energy Company announced that they will report Q1, 2024 results Pre-Market on Apr 25, 2024Reported Earnings • Feb 09Full year 2023 earnings released: EPS: US$6.78 (vs US$5.54 in FY 2022)Full year 2023 results: EPS: US$6.78 (up from US$5.54 in FY 2022). Revenue: US$12.7b (down 34% from FY 2022). Net income: US$1.40b (up 29% from FY 2022). Profit margin: 11% (up from 5.6% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, while revenues in the Integrated Utilities industry in Europe are expected to remain flat.공시 • Feb 08DTE Energy Company Provides Earnings Guidance for the Year 2024DTE Energy Company provided earnings guidance for the year 2024. For the year, the company confirms its 2024 operating EPS guidance of $6.54 - $6.83.공시 • Jan 26DTE Energy Company to Report Fiscal Year 2023 Results on Feb 08, 2024DTE Energy Company announced that they will report fiscal year 2023 results at 9:30 AM, US Eastern Standard Time on Feb 08, 2024공시 • Dec 08DTE Energy Declares Dividend, Payable January 15, 2024The DTE Energy Board of Directors declared a $1.02 per share dividend on its common stock payable January 15, 2024, to shareholders of record at the close of business December 18, 2023.공시 • Dec 07DTE Energy Company, Annual General Meeting, May 02, 2024DTE Energy Company, Annual General Meeting, May 02, 2024.공시 • Nov 04DTE Energy Company Revises Earnings Guidance for the Year 2023DTE Energy Company revised earnings guidance for the year 2023. The company is revising 2023 operating EPS guidance from $6.09 - $6.40 to $5.65 - $5.85.Reported Earnings • Nov 02Third quarter 2023 earnings released: EPS: US$1.61 (vs US$2.00 in 3Q 2022)Third quarter 2023 results: EPS: US$1.61 (down from US$2.00 in 3Q 2022). Revenue: US$2.89b (down 45% from 3Q 2022). Net income: US$332.0m (down 14% from 3Q 2022). Profit margin: 12% (up from 7.4% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 1.8% decline forecast for the Integrated Utilities industry in Europe.공시 • Oct 28DTE Energy Names Nicholas Akins to Board of Directors Effective December 4DTE Energy has named Nicholas K. Akins, retired Executive Chair of American Electric Power (AEP), to its board of directors, effective December 4. Akins, who recently retired from AEP after more than 40 years with the company, also served as the company’s chief executive officer from 2011 through 2022. He led AEP through a period of grid modernization and growth while transitioning the utility toward a clean energy future. Akins held various positions of increasing leadership throughout his career, beginning at the former Central and South West Corporation before it merged with AEP in 2000. In addition to his work to modernize AEP’s grid, Akins led a transformation of the workplace culture to engage employees in innovation, enhance diversity and inclusiveness and build workforce agility. Akins holds a bachelor’s and a master’s from Louisiana Tech University in Ruston, La. He currently serves as chairman of the boards of Fifth Third Bancorp and OhioHealth and a former member of the boards of Edison Electric Institute (EEI) and Institute of Nuclear Power Operators. He is also a former chairman of the board of directors of EEI, Electric Power Research Institute, Global Sustainable Electricity Partnership, Nuclear Electric Insurance Limited and the Ohio Business Roundtable.공시 • Oct 26DTE Energy Company to Report Q3, 2023 Results on Nov 01, 2023DTE Energy Company announced that they will report Q3, 2023 results Pre-Market on Nov 01, 2023Reported Earnings • Jul 28Second quarter 2023 earnings released: EPS: US$0.98 (vs US$0.19 in 2Q 2022)Second quarter 2023 results: EPS: US$0.98 (up from US$0.19 in 2Q 2022). Revenue: US$2.68b (down 46% from 2Q 2022). Net income: US$201.0m (up 443% from 2Q 2022). Profit margin: 7.5% (up from 0.8% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, while revenues in the Integrated Utilities industry in Europe are expected to remain flat.공시 • Jul 28DTE Energy Company Reaffirms Earnings Guidance for the Fiscal Year 2023DTE Energy Company reaffirmed earnings guidance for the fiscal year 2023. for the year, the company reaffirmed 2023 operating EPS guidance of $6.09 - $6.40.공시 • Jul 27DTE Energy Company Receives Approval from the Michigan Public Service Commission on the Cleanvision Integrated Resource PlanDTE Energy received approval from the Michigan Public Service Commission on the Company’s CleanVision Integrated Resource Plan (IRP). This approval comes just 14 days after a historic settlement agreement was reached between DTE and nearly two dozen organizations on the Company’s 20-year plan that dramatically transforms how DTE generates electricity as part of its mission to invest in the future of Michigan. Developed over the past two years with the input of DTE’s customers and other key stakeholders from across Michigan, this proposal accelerates DTE’s clean energy transition increasing investments in Michigan-made solar and wind energy, speeding up the retirement of coal plants, and developing new energy storage – all reinforcing DTE’s commitment to cleaner energy generated reliably and affordably. DTE Electric will surpass its previously announced carbon emission reduction goals – targeting 65% in five years (2028), 85% in nine years (2032), 90% by 2040 and net zero carbon emissions by 2050. Key details of the CleanVision Integrated Resource Plan include: Investing in clean and reliable energy by: Developing more than 15,000 megawatts of Michigan-made renewable energy by 2042. This carbon-free generation is the equivalent to powering approximately 4 million homes. Accelerating the development of energy storage, targeting 780 megawatts through 2030 with a goal of more than 1,800 megawatts of storage by 2042 – reinforcing DTE’s commitment to clean and reliable energy and more than doubling current storage capacity. Ending DTE’s use of coal in 2032 with a responsible, phased retirement schedule of the Belle River and Monroe coal power plants – dramatically reducing the Company’s use of coal from 77% in 2005 to 0% in less than three decades. The Company has further accelerated the retirement of the Monroe Power Plant – with half of the plant retiring in 2028 and full retirement in 2032. The Company will provide re-training for employees impacted by the coal plant retirements and will continue to partner with the local communities, who for years have hosted these coal-fired plants, on new economic development opportunities. Targeting 2% energy savings level from energy efficiency through 2027. Supporting increased distributed generation on the Company’s distribution system. Delivering long-term customer value by: Investing over $11 billion into the clean energy transition over the next 10 years, supporting more than 32,000 jobs in Michigan, while reducing the future cost of the plan for the Company’s customers by a projected $2.5 billion. Directing an additional $110 million to support income-qualified home energy efficiency programs, customer affordability programs and access to clean energy resources for the Company’s most vulnerable customers. Repurposing the Belle River coal-fired power plant to run on natural gas at a fraction of the cost of building a new power plant, while accelerating reductions in carbon emissions. Natural gas, and other 24/7 resources like the Company’s existing Fermi II carbon-free nuclear plant, play an important role in a diverse energy mix and will significantly reduce emissions while providing reliable and affordable energy to meet periods of high customer demand. A broad range of stakeholders from across Michigan signed onto a settlement agreement that was submitted to the MPSC for approval earlier this month. Signatories to the settlement agreement include DTE Electric, MPSC staff, Attorney General Dana Nessel, representatives of Michigan’s environmental community, key business and labor organizations and energy industry associations. The Company anticipates the approved order will be made available on the MPSC docket later today.Board Change • Jul 26Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 6 highly experienced directors. Director Deborah Byers was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: DGY 의 배당금 지급은 지난 10 년 동안 휘발성이었습니다.배당금 증가: DGY 의 배당금 지급은 지난 10 년 동안 증가했습니다.배당 수익률 vs 시장DTE Energy 배당 수익률 vs 시장DGY의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (DGY)3.4%시장 하위 25% (BG)1.2%시장 상위 25% (BG)5.0%업계 평균 (Integrated Utilities)4.0%분석가 예측 (DGY) (최대 3년)3.9%주목할만한 배당금: DGY 의 배당금( 3.4% )은 BG 시장에서 배당금 지급자의 하위 25%( 1.22% )보다 높습니다.고배당: DGY 의 배당금( 3.4% )은 BG 시장에서 배당금 지급자의 상위 25%( 5.04% )와 비교해 낮습니다.주주 대상 이익 배당수익 보장: 합리적인 지급 비율 ( 59.7% )을 통해 DGY 의 배당금 지급은 수익으로 충당됩니다.주주 현금 배당현금 흐름 범위: DGY 배당금을 지급하고 있지만 회사에는 잉여현금흐름이 없습니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YBG 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2024/08/08 13:07종가2024/08/08 00:00수익2024/06/30연간 수익2023/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스DTE Energy Company는 26명의 분석가가 다루고 있습니다. 이 중 11명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Jacob KilsteinArgus Research CompanyNicholas CampanellaBarclaysMichael LoneganBarclays23명의 분석가 더 보기
공시 • Jun 21The DTE Energy Declares Quarterly Dividend, Payable October 15, 2024The DTE Energy Board of Directors declared a $1.02 per share quarterly dividend on its common stock payable October 15, 2024, to shareholders of record at the close of business September 16, 2024.
공시 • May 03DTE Energy Declares Quarterly Dividend, Payable on July 15, 2024DTE Energy announced the board of directors declared a $1.02 per share quarterly dividend on its common stock, payable July 15, 2024, to shareholders of record at the close of business June 17, 2024.
공시 • Dec 08DTE Energy Declares Dividend, Payable January 15, 2024The DTE Energy Board of Directors declared a $1.02 per share dividend on its common stock payable January 15, 2024, to shareholders of record at the close of business December 18, 2023.
Reported Earnings • Jul 26Second quarter 2024 earnings released: EPS: US$1.56 (vs US$0.97 in 2Q 2023)Second quarter 2024 results: EPS: US$1.56 (up from US$0.97 in 2Q 2023). Revenue: US$2.88b (up 7.1% from 2Q 2023). Net income: US$322.0m (up 61% from 2Q 2023). Profit margin: 11% (up from 7.5% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Integrated Utilities industry in Europe.
공시 • Jul 12DTE Energy Company to Report Q2, 2024 Results on Jul 25, 2024DTE Energy Company announced that they will report Q2, 2024 results Pre-Market on Jul 25, 2024
공시 • Jun 21The DTE Energy Declares Quarterly Dividend, Payable October 15, 2024The DTE Energy Board of Directors declared a $1.02 per share quarterly dividend on its common stock payable October 15, 2024, to shareholders of record at the close of business September 16, 2024.
Recent Insider Transactions • May 19Insider recently sold €1.1m worth of stockOn the 15th of May, Mark Stiers sold around 10k shares on-market at roughly €107 per share. This transaction amounted to 17% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €4.1m more than they bought in the last 12 months.
공시 • May 03DTE Energy Declares Quarterly Dividend, Payable on July 15, 2024DTE Energy announced the board of directors declared a $1.02 per share quarterly dividend on its common stock, payable July 15, 2024, to shareholders of record at the close of business June 17, 2024.
Reported Earnings • Apr 26First quarter 2024 earnings released: EPS: US$1.52 (vs US$2.16 in 1Q 2023)First quarter 2024 results: EPS: US$1.52 (down from US$2.16 in 1Q 2023). Revenue: US$3.24b (down 14% from 1Q 2023). Net income: US$313.0m (down 30% from 1Q 2023). Profit margin: 9.7% (down from 12% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 1.5% growth forecast for the Integrated Utilities industry in Europe.
공시 • Apr 12DTE Energy Company to Report Q1, 2024 Results on Apr 25, 2024DTE Energy Company announced that they will report Q1, 2024 results Pre-Market on Apr 25, 2024
Reported Earnings • Feb 09Full year 2023 earnings released: EPS: US$6.78 (vs US$5.54 in FY 2022)Full year 2023 results: EPS: US$6.78 (up from US$5.54 in FY 2022). Revenue: US$12.7b (down 34% from FY 2022). Net income: US$1.40b (up 29% from FY 2022). Profit margin: 11% (up from 5.6% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, while revenues in the Integrated Utilities industry in Europe are expected to remain flat.
공시 • Feb 08DTE Energy Company Provides Earnings Guidance for the Year 2024DTE Energy Company provided earnings guidance for the year 2024. For the year, the company confirms its 2024 operating EPS guidance of $6.54 - $6.83.
공시 • Jan 26DTE Energy Company to Report Fiscal Year 2023 Results on Feb 08, 2024DTE Energy Company announced that they will report fiscal year 2023 results at 9:30 AM, US Eastern Standard Time on Feb 08, 2024
공시 • Dec 08DTE Energy Declares Dividend, Payable January 15, 2024The DTE Energy Board of Directors declared a $1.02 per share dividend on its common stock payable January 15, 2024, to shareholders of record at the close of business December 18, 2023.
공시 • Dec 07DTE Energy Company, Annual General Meeting, May 02, 2024DTE Energy Company, Annual General Meeting, May 02, 2024.
공시 • Nov 04DTE Energy Company Revises Earnings Guidance for the Year 2023DTE Energy Company revised earnings guidance for the year 2023. The company is revising 2023 operating EPS guidance from $6.09 - $6.40 to $5.65 - $5.85.
Reported Earnings • Nov 02Third quarter 2023 earnings released: EPS: US$1.61 (vs US$2.00 in 3Q 2022)Third quarter 2023 results: EPS: US$1.61 (down from US$2.00 in 3Q 2022). Revenue: US$2.89b (down 45% from 3Q 2022). Net income: US$332.0m (down 14% from 3Q 2022). Profit margin: 12% (up from 7.4% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 1.8% decline forecast for the Integrated Utilities industry in Europe.
공시 • Oct 28DTE Energy Names Nicholas Akins to Board of Directors Effective December 4DTE Energy has named Nicholas K. Akins, retired Executive Chair of American Electric Power (AEP), to its board of directors, effective December 4. Akins, who recently retired from AEP after more than 40 years with the company, also served as the company’s chief executive officer from 2011 through 2022. He led AEP through a period of grid modernization and growth while transitioning the utility toward a clean energy future. Akins held various positions of increasing leadership throughout his career, beginning at the former Central and South West Corporation before it merged with AEP in 2000. In addition to his work to modernize AEP’s grid, Akins led a transformation of the workplace culture to engage employees in innovation, enhance diversity and inclusiveness and build workforce agility. Akins holds a bachelor’s and a master’s from Louisiana Tech University in Ruston, La. He currently serves as chairman of the boards of Fifth Third Bancorp and OhioHealth and a former member of the boards of Edison Electric Institute (EEI) and Institute of Nuclear Power Operators. He is also a former chairman of the board of directors of EEI, Electric Power Research Institute, Global Sustainable Electricity Partnership, Nuclear Electric Insurance Limited and the Ohio Business Roundtable.
공시 • Oct 26DTE Energy Company to Report Q3, 2023 Results on Nov 01, 2023DTE Energy Company announced that they will report Q3, 2023 results Pre-Market on Nov 01, 2023
Reported Earnings • Jul 28Second quarter 2023 earnings released: EPS: US$0.98 (vs US$0.19 in 2Q 2022)Second quarter 2023 results: EPS: US$0.98 (up from US$0.19 in 2Q 2022). Revenue: US$2.68b (down 46% from 2Q 2022). Net income: US$201.0m (up 443% from 2Q 2022). Profit margin: 7.5% (up from 0.8% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, while revenues in the Integrated Utilities industry in Europe are expected to remain flat.
공시 • Jul 28DTE Energy Company Reaffirms Earnings Guidance for the Fiscal Year 2023DTE Energy Company reaffirmed earnings guidance for the fiscal year 2023. for the year, the company reaffirmed 2023 operating EPS guidance of $6.09 - $6.40.
공시 • Jul 27DTE Energy Company Receives Approval from the Michigan Public Service Commission on the Cleanvision Integrated Resource PlanDTE Energy received approval from the Michigan Public Service Commission on the Company’s CleanVision Integrated Resource Plan (IRP). This approval comes just 14 days after a historic settlement agreement was reached between DTE and nearly two dozen organizations on the Company’s 20-year plan that dramatically transforms how DTE generates electricity as part of its mission to invest in the future of Michigan. Developed over the past two years with the input of DTE’s customers and other key stakeholders from across Michigan, this proposal accelerates DTE’s clean energy transition increasing investments in Michigan-made solar and wind energy, speeding up the retirement of coal plants, and developing new energy storage – all reinforcing DTE’s commitment to cleaner energy generated reliably and affordably. DTE Electric will surpass its previously announced carbon emission reduction goals – targeting 65% in five years (2028), 85% in nine years (2032), 90% by 2040 and net zero carbon emissions by 2050. Key details of the CleanVision Integrated Resource Plan include: Investing in clean and reliable energy by: Developing more than 15,000 megawatts of Michigan-made renewable energy by 2042. This carbon-free generation is the equivalent to powering approximately 4 million homes. Accelerating the development of energy storage, targeting 780 megawatts through 2030 with a goal of more than 1,800 megawatts of storage by 2042 – reinforcing DTE’s commitment to clean and reliable energy and more than doubling current storage capacity. Ending DTE’s use of coal in 2032 with a responsible, phased retirement schedule of the Belle River and Monroe coal power plants – dramatically reducing the Company’s use of coal from 77% in 2005 to 0% in less than three decades. The Company has further accelerated the retirement of the Monroe Power Plant – with half of the plant retiring in 2028 and full retirement in 2032. The Company will provide re-training for employees impacted by the coal plant retirements and will continue to partner with the local communities, who for years have hosted these coal-fired plants, on new economic development opportunities. Targeting 2% energy savings level from energy efficiency through 2027. Supporting increased distributed generation on the Company’s distribution system. Delivering long-term customer value by: Investing over $11 billion into the clean energy transition over the next 10 years, supporting more than 32,000 jobs in Michigan, while reducing the future cost of the plan for the Company’s customers by a projected $2.5 billion. Directing an additional $110 million to support income-qualified home energy efficiency programs, customer affordability programs and access to clean energy resources for the Company’s most vulnerable customers. Repurposing the Belle River coal-fired power plant to run on natural gas at a fraction of the cost of building a new power plant, while accelerating reductions in carbon emissions. Natural gas, and other 24/7 resources like the Company’s existing Fermi II carbon-free nuclear plant, play an important role in a diverse energy mix and will significantly reduce emissions while providing reliable and affordable energy to meet periods of high customer demand. A broad range of stakeholders from across Michigan signed onto a settlement agreement that was submitted to the MPSC for approval earlier this month. Signatories to the settlement agreement include DTE Electric, MPSC staff, Attorney General Dana Nessel, representatives of Michigan’s environmental community, key business and labor organizations and energy industry associations. The Company anticipates the approved order will be made available on the MPSC docket later today.
Board Change • Jul 26Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 6 highly experienced directors. Director Deborah Byers was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.