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DTE Energy (NYSE: DTB) details Q1 drop, $36.5B growth plan
DTE Energy reported a dip in Q1 2026 net income and operating earnings compared to 2025 but reaffirmed its 2026 operating EPS guidance, anticipating 6%-8% growth. The company announced significant long-term growth initiatives, including multi-gigawatt data center contracts with Oracle and Google, expected to drive substantial customer affordability benefits and expand its five-year capital plan to $36.5 billion for grid modernization and cleaner generation. These strategic investments are projected to enhance reliability and support DTE’s long-term operating EPS growth target through 2030.