Aug. 22 at 3:20 PM
$DTE on a growth mission, but are the risks too high? ⚖️
DTE Energy is investing
$30B over five years to boost infrastructure and renewable energy, aiming for 6-8% earnings growth. It also plans to invest
$1.5-
$2B in renewables from 2025 to 2029. Yet, it struggles with
$0.08B cash against
$22.94B long-term debt and challenges in energy trading.
Full risk/reward breakdown here 👉 https://www.zacks.com/stock/news/2741744/dte-energy-advances-on-clean-energy-initiatives-investments?cid=sm-stocktwits-2-2741744-body-9116&ADID=SYND_STOCKTWITS_TWEET_2_2741744_BODY_9116