DTE Energy has unveiled second-quarter earnings that exceeded expectations, largely fueled by a strong performance in its energy trading sector, despite less favorable results from its electric and gas segments. The utility, located in Detroit, reported adjusted earnings of $1.32 per share, exceeding the analysts' forecast of $1.17. Additionally, the energy trading division boosted its operating profit to $41 million compared to $24 million from the previous year. The company also allocated over $2.6 billion towards utility infrastructure in the first half of the year and reiterated its earnings forecast for the year as investments in the grid progress across the United States.
