Quarterly ResultJul 28, 2026, 06:51 AM
DTE Energy Q2 Operating EPS $1.32; Confirms 2026 Guidance
AI Summary
DTE Energy reported Q2 2026 operating earnings of $1.32 per diluted share, a decrease from $1.36 in Q2 2025, while reported earnings increased to $1.35 per diluted share from $1.10. The company confirmed its 2026 operating EPS guidance of $7.59 to $7.73, aiming for the high end due to RNG tax credits. DTE Energy highlighted significant investments totaling over $2.6 billion in H1 2026 for infrastructure and clean energy, including a $1.6 billion battery storage project and progress on major data center agreements.
Key Highlights
- Q2 2026 operating earnings were $274 million, or $1.32 per diluted share.
- Q2 2026 reported earnings were $282 million, or $1.35 per diluted share.
- Confirmed 2026 operating EPS guidance of $7.59 to $7.73.
- Invested over $2.6 billion in utilities during the first half of 2026.
- Advanced clean energy with a $1.6 billion battery storage investment.
- 1.4 GW Oracle data center approved; 1 GW Google data center contract submitted.
- Announced a $36.5 billion five-year capital plan for 2026-2030.
- Targeting $500-$600 million in annual equity issuances for 2026-2028.
Price Impact
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