DTE Energy(DTE)
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DTE Energy's (DTE) Q2 Earnings Beat Estimates, Rise Y/Y
ZACKS· 2024-07-25 22:50
The company reported GAAP earnings of $1.55 per share compared with 97 cents in the prior-year quarter. Segmental Details DTE Gas: The segment's reported operating earnings of 6 cents per share compared with 12 cents in the yearago period. DTE Energy reiterated its 2024 operating EPS projection. The company still expects operating EPS to be in the range of $6.54-$6.83. The Zacks Consensus Estimate for earnings is pegged at $6.69 per share, which is almost in line with the midpoint of the company's guided ra ...
DTE Energy(DTE) - 2024 Q2 - Quarterly Report
2024-07-25 21:37
财务业绩 - 公司营业收入为28.75亿美元,同比增长7.1%[20] - 公司营业利润为5.02亿美元,同比增长26.2%[20] - 公司净利润为3.22亿美元,同比增长60.2%[22] - 公司基本每股收益为1.56美元,同比增长60.8%[23] - 公司派发股息4.22亿美元[30] 资产负债情况 - 公司资产总额为478.11亿美元,较上年末增加6.8%[29] - 公司负债总额为366.99亿美元,较上年末增加8.1%[30] - 公司股东权益为111.12亿美元,较上年末增加2.6%[31] - 公司经营活动产生的现金流量净额为5.22亿美元[未提及] - 公司资本性支出为12.76亿美元[未提及] 股东权益 - 2024年6月30日和2023年12月31日分别有6,732,000股和6,713,000股普通股未偿还[35] - 留存收益为4,404百万美元[35] - 累计其他综合收益损失为30百万美元[35] - DTE Energy Company权益总额为11,106百万美元[35] - 非控股权益为6百万美元[35] - 权益总额为11,112百万美元[35] - 负债和权益总额为47,811百万美元[35] 现金流量 - 2024年上半年净收入为635百万美元[33] - 2024年上半年营业活动产生的现金净流入为1,801百万美元[33] - 2024年上半年投资活动使用的现金净流出为3,524百万美元[33] - 2024年上半年筹资活动产生的现金净流入为1,759百万美元[33] - 公司2024年上半年的营业活动现金流为1,060百万美元[46] - 公司2024年上半年的投资活动现金流为-1,731百万美元[46] - 公司2024年上半年的筹资活动现金流为700百万美元[46] - 公司2024年6月30日的现金及现金等价物余额为61百万美元[46] 损益情况 - 公司2024年3月31日的净收入为170百万美元,2024年6月30日的净收入为278百万美元[48] - 公司2024年上半年的折旧及摊销费用为724百万美元[46] - 公司2024年上半年的递延所得税费用为129百万美元[46] - 公司2024年上半年的资本性支出为1,704百万美元[46] 可变利益实体 - DTE Energy和DTE Electric通过长期购销合同拥有可变利益的可变利益实体(VIE)[64] - DTE Electric通过出售债券的方式为某些退役发电厂和树木修剪项目的递延成本融资,并将这些特殊目的实体(DTE Securitization I和DTE Securitization II)纳入合并范围[65] - 2024年6月30日和2023年12月31日,DTE Energy和DTE Electric合并的VIE的主要资产和负债情况[67,68,69,70] - 2024年6月30日和2023年12月31日,DTE Energy的非合并VIE的投资和应收款情况[72] - 2024年第一季度,DTE Vantage的一家合并VIE由于一笔大型工业项目投资,应收款大幅增加306百万美元[69] 其他收益和税率 - DTE Energy和DTE Electric2024年第二季度和2023年第二季度的其他收益情况[73,75] - DTE Energy和DTE Electric2024年第二季度和2023年第二季度的有效所得税率情况[79,80] 应收款管理 - 公司定期监控融资应收款的信用质量,根据信用评级、收款历史、抵押品、交易对手财务报表等指标将其划分为三个内部等级[86] - 截至2024年6月30日,公司融资应收款总额为441百万美元,其中内部等级1为5百万美元,内部等级2为436百万美元[88] - 公司租赁投资净额为418百万美元,其中内部等级1为36百万美元,内部等级2为382百万美元[89] - 公司建立了应收账款坏账准备,2024年上半年计提38百万美元,核销50百万美元,收回23百万美元[96] 收入构成 - 公司2024年上半年电力业务收入为30.86亿美元,其中住宅用户收入14.44亿美元,商业用户收入11.27亿美元,工业用户收入3.70亿美元[99] - 公司2024年上半年天然气业务收入为10.00亿美元,其中天然气销售收入7.66亿美元[100] - 公司2024年上半年能源交易业务收入为17.70亿美元[102] - 公司2024年上半年可再生能源业务收入为0.65亿美元[99] 费率调整 - 公司于2024年1月8日向MPSC提交天然气费率案,要求基本费率增加2.66亿美元,权益回报率从9.9%提高至10.25%[111] - 公司于2024年3月28日向MPSC提交电力费率案,要求基本费率增加4.56亿美元,权益回报率从9.9%提高至10.5%[112] 每股收益 - 公司基本每股收益为1.56美元,较上年同期增长60.8%[114][115] - 公司稀释每股收益为1.55美元,较上年同期增长59.8%[116][117][118] 现金及投资 - 公司现金等价物为9亿美元[124] - 公司核电退役信托基金中的权益性证券投资为8.18亿美元,固定收益证券投资为5.16亿美元[124] - 公司商品衍生工具资产中天然气合约为3.05亿美元,电力合约为2.55亿美元[124] - 公司现金等价物包括三个月内购买的短期投资,主要为货币市场基金[131] - 核电退役基金和其他投资包括直接持有的债券和股票以及通过共同基金间接持有的证券[132] - 非上市共同基金持有的交易性股票或债券按照资产
DTE Energy reports second quarter 2024 accomplishments, earnings and investments in improving energy infrastructure
Newsfilter· 2024-07-25 19:21
DETROIT, July 25, 2024 (GLOBE NEWSWIRE) -- DTE Energy (NYSE:DTE) invested over $2 billion in the first half of 2024, on pace for a full year investment of over $4 billion, to make its electric and natural gas infrastructure more resilient to extreme weather and to generate cleaner energy for the communities it serves. DTE is progressing on building a smarter and stronger electric grid, upgrading natural gas infrastructure to be even safer and more reliable, and transforming the way the company generates pow ...
DTE Energy reports second quarter 2024 accomplishments, earnings and investments in improving energy infrastructure
GlobeNewswire News Room· 2024-07-25 19:21
Committed to improving electric reliability for customers Broke ground on region's largest battery energy storage facility Helped make NFL Draft a carbon-neutral success Grew Energy Efficiency Academy in Detroit and expanded to Grand Rapids Honored with Civic 50 award for being among the 50 most community-minded companies in the United States DETROIT, July 25, 2024 (GLOBE NEWSWIRE) -- DTE Energy (NYSE:DTE) invested over $2 billion in the first half of 2024, on pace for a full year investment of over $4 bill ...
DTE Energy (DTE) Earnings Expected to Grow: Should You Buy?
ZACKS· 2024-07-18 23:09
Wall Street expects a year-over-year increase in earnings on higher revenues when DTE Energy (DTE) reports results for the quarter ended June 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 25. On the ...
DTE Energy: Buy This Dividend Grower On Sale Now
Seeking Alpha· 2024-07-18 19:00
11 aydinmutlu one of my favorite sectors is utilities. It's also not hard to understand why. Although the scetor has to adapt to technological changes, substitute risk is minimal. I don' have an exact probability of humanity discovering a cheaper/more efficient alternative in my lifetime to electricity, water, and or natural gas, However, I'm not a betting man, and even I'm willing to venture that it's rather close to zero. The company is celebrating its 175th year in business this year. Talk about longevit ...
DTE Energy schedules second quarter 2024 earnings release, conference call
Newsfilter· 2024-07-11 20:36
Investors, the news media and the public may listen to a live internet broadcast of the call at dteenergy.com/investors. The telephone dial-in number in the U.S. and Canada toll free is: (888) 510-2008. The U.S. and international toll telephone dial-in number is: (646) 960-0306 and the Canada dial-in toll is: (289) 514- 5035. The passcode is 4987588. The webcast will be archived on the DTE Energy website at dteenergy.com/investors. For more information, members of the media may contact: Dan Miner, DTE Energ ...
DTE Energy schedules second quarter 2024 earnings release, conference call
GlobeNewswire News Room· 2024-07-11 20:36
The company will conduct a conference call to discuss earnings results at 8:30 a.m. ET the same day. For further information, analysts may call: Matt Krupinski, DTE Energy: 313.235.6649 John Dermody, DTE Energy: 313.235.8750 DTE Energy (NYSE:DTE) is a Detroit-based diversified energy company involved in the development and management of energy-related businesses and services nationwide. Its operating units include an electric company serving 2.3 million customers in Southeast Michigan and a natural gas comp ...
DTE Energy Board of Directors declares quarterly dividend
GlobeNewswire News Room· 2024-06-21 04:03
Detroit, June 20, 2024 (GLOBE NEWSWIRE) -- (NYSE: DTE) — The DTE Energy Board of Directors declared a $1.02 per share dividend on its common stock payable Oct. 15, 2024, to shareholders of record at the close of business Sept. 16, 2024. About DTE Energy For more information, members of the media may contact: Dan Miner, DTE Energy: 313.235.5555 DTE Energy (NYSE:DTE) is a Detroit-based diversified energy company involved in the development and management of energy-related businesses and services nationwide. I ...
DTE Energy (DTE) to Build 220MW Michigan Energy Storage Center
ZACKS· 2024-06-12 22:31
DTE Energy Company (DTE) has revealed that it is set to construct a 220-megawatt (MW) battery energy storage complex at the site of its former coal power plant in Trenton Channel, MI. This should expand DTE's footprint in the rapidly expanding energy storage market. Benefits of the Project Almost 40,000 houses will be powered by 880 megawatt-hours of electricity that the new Trenton Channel Energy Center is expected to store. This, in turn, will put DTE a step ahead of achieving its target of more than doub ...