DTE Energy gains on higher capex plan

DTE Energy

30/10/2025 14:26

** Shares of U.S. utility DTE Energy DTE.N up 1.5% at $141
** Co raises its five-year capital investment plan by $6.5 billion to $36.5 billion, driven by growing electricity demand from data centers and efforts to modernize its utility assets
** Co also beat Q3 profit estimates, helped by higher income from its electric segment

** DTE expects 2026 operating profit between $7.59 and $7.73 per share
** Including session's move, shares up 16.7% YTD

 (Reporting by Varun Sahay)

 ((Varun.sahay@thomsonreuters.com))