DTE Energy Company
DTY
New York Stock Exchange24.99
USD
- -
- -
Return %
Stock
S&P500
1Y
- -
26.53
3Y
-8.46
76.60
5Y
-5.09
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Gerardo Norcia
- Full Time Employees
- 9,500
- Sector
- Utilities
- Industry
- Regulated Electric
- Address
- One Energy Plaza Detroit MI United States of America 48226-1279
- IPO Date
- Dec 8, 2016
- Website
- newlook.dteenergy.com
- Similar Companies
- Business
- DTE Energy Company (NYSE: DTE), headquartered in Detroit, Michigan and tracing its roots to the 1903 incorporation of Detroit Edison with gas operations dating to 1849, operates as a diversified energy provider primarily serving Michigan through its regulated utilities and non-utility segments; DTE Electric generates, transmits and distributes electricity to 2.3 million residential, commercial and industrial customers in southeastern Michigan and the Thumb region using an 11,084-megawatt capacity mix including the Fermi 2 nuclear plant, coal, natural gas, renewables such as wind and solar, and hydroelectric pumped storage; DTE Gas purchases, stores, transmits and distributes natural gas to 1.3 million customers statewide with 278 storage wells representing 34% of Michigan's underground capacity; non-utility operations encompass DTE Vantage, which delivers industrial energy services including metallurgical and petroleum coke, power generation, steam and chilled water production, renewable natural gas, and environmental controls across 74 projects in 15 states; DTE Biomass Energy captures landfill methane for energy; and DTE Energy Trading engages in physical and financial marketing of gas, power and environmental products nationwide and in Canada. The company maintains a presence in multiple states including Arizona, California, Florida, Georgia, Illinois, Indiana, Kansas, Maryland, Mississippi, Nevada, New York, North Carolina, Ohio, Oklahoma, Pennsylvania, South Carolina, Texas, Utah, Virginia and Wisconsin through subsidiaries focused on power, industrial projects and biomass. In recent developments, DTE Energy raises its five-year capital investment plan by 22% to $6.5 billion for 2025-2029 emphasizing clean energy expansion, grid reliability upgrades and response to surging electricity demand from data centers and electrification; secures $8.81 billion in conditional U.S. Department of Energy loan guarantees in January 2025 for thousands of megawatts of renewable generation and storage; invests nearly $3 billion in utilities through the third quarter of 2025; and pursues negotiations for up to 7 gigawatts of new data center load while targeting 6-8% EPS growth through 2029.
New Preferred Stock IPOs, December 2021
Avista: Good Dividend And Growth But High Valuation
OGE Energy: High Dividend And Strong Demographics Create Opportunity
HPS: A Solid Income Fund But Overpriced
A Trio of Potential Value Opportunities