DTE Energy Company and its utility subsidiary DTE Electric file an annual report outlining a diversified energy business centered in Michigan. The company serves about 2.3 million electric and 1.4 million gas customers, supported by 12,414 MW of electric generation capacity, extensive distribution networks, and underground gas storage.
DTE Energy operates four segments: regulated Electric and Gas utilities, the DTE Vantage non-utility platform focused on renewable gas and custom energy solutions, and an Energy Trading arm. The report highlights significant planned $446 million of environmental spending through 2030, aggressive carbon-reduction and net-zero goals, and new Michigan mandates for a 100% clean energy portfolio by 2040.
The filing also details regulatory oversight, weather and commodity risks, nuclear and cyber-security exposure, capital market dependence, and human capital priorities. As of June 30, 2025, non‑affiliate equity market value was about $27.3 billion, with 207,803,764 DTE Energy common shares outstanding at January 30, 2026 and a workforce of roughly 9,650 employees.
DTE Energy reported stronger 2025 results and outlined major growth investments tied to reliability and clean energy. The company earned nearly $1.5 billion, or $7.03 per diluted share, up from $6.77 in 2024, while operating earnings reached $7.36 per diluted share versus $6.83 a year earlier.
DTE invested more than $4.3 billion in 2025, including over $3.6 billion at DTE Electric and $661 million at DTE Gas to upgrade infrastructure and support cleaner generation. A landmark agreement to supply about 1.4 gigawatts of power to Oracle’s new data center underpins a sharply larger five‑year capital plan. For 2026, DTE reaffirmed operating EPS guidance of $7.59–$7.73 and targets 6%–8% annual operating EPS growth through 2030.
DTE Energy Company updated its executive incentive programs. For 2026, the Annual Incentive Plan for DTE Energy, DTE Electric and DTE Vantage executives is based on weighted measures such as operating earnings per share, cash from operations, customer satisfaction, employee engagement, safety and operating excellence or business optimization.
Annual target awards range from 75% to 125% of base salary, with actual payouts from 0% to 200% of target, depending on performance. The Long-Term Incentive Plan, using restricted stock and performance stock units, sets 2026 grants that can pay out in 2029 at 0% to 200% of target, with targets ranging from 190% to 525% of base salary, driven mainly by relative total shareholder return and multi‑year operating earnings metrics.
DTE Energy executive Diane M. Antishin, Sr VP-HR & Chief D&I Officer, reported several common stock transactions dated February 4, 2026. She acquired 2,674.485 shares at $0 per share and disposed of 362 shares and 0.485 shares at $135.7 per share.
Following these transactions, she reported holding 19,238 common shares directly and an additional 3,299.46 common shares indirectly through a 401(k) plan.
DTE Energy President & CEO Joi M. Harris reported several common stock transactions dated February 4, 2026. Harris acquired 18,508.049 shares of common stock at a stated price of $0 per share, increasing direct holdings to 54,897.049 shares.
The filing also reports two disposition transactions at a price of $135.7 per share: one for 1,029 shares and another for 0.049 share, leaving 53,868 direct shares of common stock after these movements. In addition, Harris has 5,190.79 shares held indirectly through a 401(k) plan.
DTE Energy Vice Chairman & Group President Trevor F. Lauer reported multiple common stock transactions dated February 4, 2026. He acquired 11,845.829 shares at $0 per share and had a separate transaction coded F for 2,094 shares at $135.70 per share. He also disposed of 0.829 share at $135.70, resulting in 78,122 common shares held directly afterward. In addition, he reports indirect holdings of 608 shares for each of two sons and 2,933.94 shares in a 401(k) account.
DTE Energy senior vice president and chief legal officer Kathrine M. Lorenz reported several stock transactions in company shares. On February 4, 2026, she acquired 3,130.324 shares of DTE Energy common stock at $0 per share, increasing her direct holdings.
On the same date, she disposed of 116 shares and 0.324 shares of common stock at $135.7 per share. After these transactions, she directly owned 5,105 shares of common stock and indirectly held 1,004.73 shares through a 401(k) account.
DTE Energy VP Lisa A. Muschong reported several common stock transactions dated February 4, 2026. She acquired 1,801.08 shares at a reported price of $0 per share, bringing her directly held stake to 7,576.08 shares before subsequent transactions.
On the same date, she disposed of 343 shares at $135.7 per share under code F and a further 0.08 shares at $135.7, leaving 7,233 directly owned shares. She also reports an additional 262.22 shares held indirectly through a 401(k) plan.
DTE Energy’s Chief Accounting Officer, Myrick Tracy J, reported several common stock transactions on February 4, 2026. The officer acquired 987.242 shares at a price of $0, increasing direct holdings before subsequent dispositions.
The filing shows 207 shares and 0.242 shares of common stock were disposed of at $135.7 per share, leaving 4,076 shares held directly after these moves. In addition, 1,156.84 common shares are held indirectly through a 401(k) plan.
DTE Energy executive chairman Gerardo Norcia reported several common stock transactions on February 4, 2026. He acquired 51,028.379 common shares at a price of $0, increasing his direct holdings. On the same date, he disposed of 13,609 shares at $135.70 per share under transaction code F, and an additional 0.379 share at $135.70 per share. After these transactions, Norcia directly holds 437,779 DTE Energy common shares. He also has an indirect holding of 974.75 common shares through a 401(k) account.