July 29 (Reuters) - U.S. utility DTE Energy ( DTE )

missed Wall Street estimates for second-quarter profit on

Tuesday, hurt by lower income from the gas and the energy

trading segment.

At the energy trading segment, which consists of energy

marketing and trading operations, profit dropped 22.5% to $24

million as natural gas prices dropped 16.1% in the

quarter ended June 30.

Quarterly profit in its gas unit declined 50% to $6 million

on higher operating, maintenance and rate base costs.

However, the company's electric segment - its largest unit

by net income - reported earnings of $318 million in the

April-to-June quarter, compared to a profit of $279 million a

year ago.

The utility reaffirmed full-year 2025 adjusted profit in the

range of $7.09 per share to $7.23 per share.

Analysts expect the full-year profit to be $7.22 per share,

according to data compiled by LSEG.

DTE also said it has invested more than $1.8 billion in its

utilities during the first half of 2025 and is on pace to invest

$4.4 billion this year, to continue improving the safety and

reliability of its electric and natural gas infrastructure.

Electric grid projects need years of planning, permitting

and construction and the rapid increase in data center demand

has emphasized the need for faster buildout, thus the need for

large investments.

The Detroit, Michigan-based company reported an adjusted

profit per share of $1.36 for the three months ended June 30,

compared with analyst's estimate of $1.40 per share.