Dte Energy Co Stock Price, News & Analysis

DTE Energy (NYSE:DTE) announced the return of its annual Hallelujah for Heat free gospel concert, scheduled for October 25, 2025, at Fellowship Chapel in Detroit. The event features Pastor John P. Kee and the New Life Community Choir, alongside Jeremiah Towner and the Highest Praise Choir.

The concert kicks off The Heat and Warmth Fund's (THAW) Week of Warmth campaign, running through November 1, which provides essential energy assistance to Michigan families during winter months. With an expected attendance of over 1,500 guests, the event continues DTE's tradition of hosting major gospel artists to support community outreach and energy assistance initiatives.

DTE Energy (NYSE:DTE) has launched an innovative recycling initiative in partnership with NextCycle Michigan, offering two $9,000 prizes for teams developing new methods to recycle, upcycle, or reuse wind turbine blades and wood chips.

The DTE Energy Innovation Challenge, open for applications through October 29, 2025, will select teams in December 2025. Winners will join NextCycle Michigan's 2026 cohort, participating in a six-month accelerator program starting February 2026 and concluding with a pitch competition in June 2026.

The initiative aims to promote sustainable practices in Michigan's circular economy, with projects being evaluated based on scalability potential and environmental impact.

DTE Energy (NYSE: DTE) has announced the pricing of its $600 million 2025 Series H Junior Subordinated Debentures with a 6.25% interest rate, maturing on October 1, 2085. The offering is expected to settle on September 17, 2025.

The company plans to use the proceeds to repay short-term borrowings and for general corporate purposes. The offering is being managed by several financial institutions, including BofA Securities, J.P. Morgan Securities, Morgan Stanley & Co., and Wells Fargo Securities as joint book-running managers.

DTE Energy (NYSE:DTE) announced significant progress in its grid modernization efforts, preventing over 16,000 outages in 2025 through smart grid technology implementation. The company is executing a $10 billion, five-year plan to enhance electric reliability, aiming to reduce outages by 30% and halve outage duration by 2029.

DTE will install 675+ new reclosing devices by year-end 2025, more than doubling the system's capacity since 2023. The smart grid infrastructure includes Advanced Distribution Management System software, a state-of-the-art Systems Operation Center, and automated devices that enable remote monitoring and control across DTE's service territory.

DTE Energy (NYSE: DTE) reported Q2 2025 operating earnings of $283 million ($1.36 per share), down from $296 million ($1.43 per share) in Q2 2024. The company has invested $1.8 billion in the first half of 2025 and plans to reach $4.4 billion in total utility investments this year.

Key developments include breaking ground on the 100-megawatt Cold Creek Solar Park and launching operations at the 80-megawatt Pine River Solar Park. DTE has achieved a 75% improvement in outage duration since 2023 and aims to reduce outages by 30% and customer downtime by 50% by 2029. The company confirmed its 2025 operating EPS guidance of $7.09-$7.23.

DTE Energy (NYSE:DTE) has announced an $800,000 donation to United Way for Southeastern Michigan to help vulnerable residents cope with extreme summer temperatures. The donation comes as support needs have increased 72% from the previous program year.

The funding will assist elderly, unemployed, underemployed, and disabled customers who qualify for energy assistance. The initiative is expected to support 6,400 customers this program year, building upon DTE's track record of connecting customers to over $660 million in financial aid over the past five years.

The donation bridges a gap until new state funding becomes available on October 1, following recent legislation that expands the Michigan Energy Assistance Program (MEAP).

DTE Energy (NYSE:DTE) has scheduled its second quarter 2025 earnings release and conference call for Tuesday, July 29, 2025. The company will release its earnings results before market opening, followed by a conference call at 9:00 a.m. ET to discuss the results.

Investors and interested parties can access the live conference call through multiple channels, including a webcast at dteenergy.com/investors or via telephone. The toll-free dial-in number for U.S. and Canada is (888) 510-2008, while toll numbers are also available. The conference passcode is 4987588.

DTE Energy (NYSE:DTE) has announced a significant leadership transition, with current President and COO Joi Harris set to become President and CEO on September 8, 2025. Harris, who has served the company for 34 years, will succeed Jerry Norcia, who will transition to Executive Chairman of the Board.

Harris's appointment follows a multi-year succession plan and comes with unanimous board approval. Under her recent leadership as COO, DTE achieved a 70% improvement in electric reliability in 2024. Harris began her career at DTE as a high school engineering co-op and has held various leadership positions across the company, including DTE Gas President and COO.

Norcia, who joined DTE in 2002 and became CEO in 2019, will continue to serve as an advisor to Harris and maintain his community leadership roles through various board positions.

DTE Energy (NYSE: DTE) has announced its Board of Directors has declared a quarterly dividend of $1.09 per share on its common stock. The dividend will be payable on October 15, 2025, to shareholders of record as of September 15, 2025. This declaration continues DTE Energy's remarkable track record of over 100 years of consistent dividend payments, demonstrating the company's long-standing commitment to providing steady returns to its shareholders.