DTE Energy Company: An Enhanced Capital Expenditure in Utilities & Other Major Drivers!

DTE Energy reported strong financial results for 2024, achieving an operating EPS of $6.83, which positioned it at the high end of its guidance, reflecting over 9% growth compared to the 2023 guidance midpoint. This performance is largely attributable to constructive rate orders, effective cost management, and favorable weather conditions that reduced storm expenses. DTE Electric and DTE Gas both contributed positively, although DTE Gas faced some challenges with warmer weather impacting demand.