Tag: DTE

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DTE`s 1Q Earnings Surge on Colder Weather and Lower Benefit Costs

We will be maintaining our $55 fair value estimate and stable narrow moat trend for DTE Energy DTE after the company announced first-quarter earnings that were driven higher primarily by much colder weather for both the gas and the electric utilities. During the quarter, DTE earned $1.34 per share versus $0.91 per share for the prior-year period. While rates at the gas utility and lower … Continue reading DTE`s 1Q Earnings Surge on Colder Weather and Lower Benefit Costs

John MeadyLeave a comment
Gilead Sciences GILD NASDAQ:GILD
Finance

Utilities New Highs: Sempra Energy (NYSE:SRE), DTE Energy Co (NYSE:DTE), UGI Corp (NYSE:UGI), American Water Works Company Inc (NYSE:AWK)

Sempra Energy (NYSE:SRE) recently reported 1Q2014 results that were widely strong of which the CEO Debra Reed said confirmed the fact that the company is on track to meeting 2014 earnings guidance. However, it is easy for investors to forget that while 2014 is almost sure to be a great earnings year for the company, it is also using the year to plot for a … Continue reading Utilities New Highs: Sempra Energy (NYSE:SRE), DTE Energy Co (NYSE:DTE), UGI Corp (NYSE:UGI), American Water Works Company Inc (NYSE:AWK)

Colin Pettis
Finance

Utilities Touched New Highs: SCANA Corporation (NYSE:SCG), ITC Holdings Corp. (NYSE:ITC), DTE Energy (NYSE:DTE), Northeast Utilities System (NYSE:NU)

“The nearly $5.7 billion project to expand the V.C. Summer nuclear plant in South Carolina may continue to have problems with its modules, raising the possibility of more delays for the new reactors that are among the first to be constructed in the country in decades, according to a report from the South Carolina Office of Regulatory Staff. The report, publicly released by state regulators … Continue reading Utilities Touched New Highs: SCANA Corporation (NYSE:SCG), ITC Holdings Corp. (NYSE:ITC), DTE Energy (NYSE:DTE), Northeast Utilities System (NYSE:NU)

Richard Atkins