DTE Energy Company 2020 Series

DTE Energy Company 2020 Series

DTB
DTE Energy Company 2020 SeriesUS flagNew York Stock Exchange
16.81
USD
-0.09
- -
3.49BMarket Cap
No data availableFinancial data will appear here once available

Capital Structure

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Quarterly Revenue

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Quarterly Earnings Per Share

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Quarterly Dividends Per Share

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Company Description

APIChat
CEO
Gerardo Norcia
Full Time Employees
9,950
Sector
Utilities
Industry
Regulated Electric
Address
One Energy Plaza Detroit MI United States of America
IPO Date
Oct 7, 2020
Business
DTE Energy Company (NYSE: DTE) is a Detroit-based diversified energy company that engages in the generation, transmission, distribution, and sale of electricity and natural gas, primarily serving customers in Michigan through its regulated utility subsidiaries DTE Electric and DTE Gas; DTE Electric supplies electricity to 2.3 million residential, commercial, and industrial customers in southeastern Michigan and the Thumb region from an 11,084-megawatt generation portfolio including coal, nuclear, natural gas, renewables, and hydroelectric sources such as the Fermi 2 nuclear plant; DTE Gas provides natural gas to 1.3 million customers across Michigan, with extensive storage capacity comprising 278 wells representing 34% of the state's underground working gas storage. The company also operates non-utility segments including DTE Vantage, which delivers industrial energy services encompassing on-site cogeneration of electricity and steam, compressed air, chilled and hot water, wastewater treatment, backup power, metallurgical and petroleum coke, reduced-emissions fuels from renewable natural gas projects, and environmental controls across 74 projects in 15 states; DTE Energy Trading conducts physical and financial marketing of gas, power, and environmental products; and other businesses focused on power and industrial projects, energy marketing, and trading nationwide and in Canada. Founded in 1903 as the Detroit Edison Company with gas operations tracing to 1849, DTE Energy maintains its headquarters at One Energy Plaza in Detroit, Michigan, and employs over 10,000 people while supporting economic development in 450 Michigan communities. Recent developments include a 1.4 gigawatt data center power supply agreement signed in 2025 representing the company's first hyperscale deal and signaling transformational load growth with a project pipeline potentially adding up to 7 gigawatts; an expanded $30 billion five-year capital plan through 2030 emphasizing grid modernization, $4.4 billion in 2025 utility investments, annual additions of 800-900 megawatts of renewables, 2.5 gigawatts of battery storage, 8 gigawatts of additional renewables, and 1.5 gigawatts of gas generation to replace retiring Monroe coal units; a 2025 public-private partnership with Consumers Energy and the State of Michigan committing $2 billion annually to in-state suppliers for energy infrastructure including transformers, solar components, and long-duration storage; $8.81 billion in conditional U.S. Department of Energy loan guarantees awarded in January 2025 to DTE Electric and DTE Gas for renewable generation and storage deployment; progression toward coal phase-out by 2032 and net-zero carbon emissions as outlined in the 2024 Sustainability Report; and executive leadership transition in 2025 with a new group president focused on operational continuity amid reliability improvements including a nearly 70% enhancement in electric service in 2024. The DTE Energy Company 2020 Series G 4.375% Junior Subordinated Debentures due 2080 (NYSE: DTB) represent a component of the company's long-term financing structure supporting these utility and growth initiatives.

Company News

APIChat
  • DTB Ratifies UN Principles on Sustainable Banking

  • Why the Supreme Court ordered a retrial of Ham’s shs120bn case against DTB

  • “Attorney General Kiwanuka and Karugire are after my life” – Tycoon Ham cries out

  • Dayton T. Brown, Inc. Makes Additional Investments in Precision Machining Center

  • Diamond Trust Bank to issue payments cards to fintechs in Kenya

  • DTB to open 17 new branches in expansion drive