The company gave 2024 operating EPS guidance of $6.54 to $6.83, and DTE Energy's total operating earnings guidance of $1,355 to $1,415 (in millions). The company said the 2024 operating EPS guidance provides 7% growth over the 2023 original guidance midpoint.

1. 01

   The company gave 2024 operating EPS guidance of $6.54 to $6.83, and DTE Energy's total operating earnings guidance of $1,355 to $1,415 (in millions). The company said the 2024 operating EPS guidance provides 7% growth over the 2023 original guidance midpoint.

2. 02

   The company put its 2024 to 2028 5-year investment plan at about $25 billion, with DTE Electric at $20, DTE Gas at $3.7 and DTE Vantage at $1.0 to $1.5 (in billions). It said 95% of the investment will go to utilities.

3. 03

   The company gave 2024 guidance of cash from operations of $3.3, capital expenditures of (4.7), and free cash flow of ($1.4) (in billions). Dividends were (0.8), debt financing issuances were $4.3, and redemptions were (2.1).

4. 04

   The company gave DTE Vantage operating earnings guidance of $125 to $135 million for 2024, and an operating earnings projection of $200 to $210 million for 2028. It also said it expanded its long-term, fixed-fee custom energy solutions agreement with Ford Motor Company in Tennessee.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.