DTE Energy Company

DTE is an energy company with a history. The Detroit-based utility company’s earliest ancestor might ring a bell, as its predecessor was founded by no other than Thomas Edison himself. In the spirit of tradition, the company continues to innovate to this day as it diversifies into non-utility businesses like renewables and energy trading.

$137.92
(as of Apr 1, 7:00 PM EST)

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Ticker Information for DTE Energy Company

Stock Price
$137.92
Ticker Symbol
DTE
Exchange
NYSE

Industry Information for DTE Energy Company

Sector
Utilities
Industry
Utilities - Regulated Electric

Company Description for DTE Energy Company

Country
USA
Full Time Employees
9,500

DTE Energy Company engages in the energy-related businesses and services. The company's Electric segment generates, purchases, distributes, and sells electricity to approximately 2.3 million residential, commercial, and industrial customers in southeastern Michigan. It generates electricity through coal-fired plants, hydroelectric pumped storage, and nuclear plants, as well as wind and solar assets. This segment owns and operates 702 distribution substations with a capacity of approximately 37,710,000 kilovolt-amperes (kVA) and approximately 4,55,300 line transformers with a capacity of approximately 33,570,000 kVA. The company's Gas segment purchases, stores, transports, distributes, and sells natural gas to approximately 1.3 million residential, commercial, and industrial customers throughout Michigan; and sells storage and transportation capacity. This segment has approximately 20,500 miles of distribution mains; 1,238,000 service pipelines; and 1,352,000 active meters, as well as owns approximately 2,000 miles of transmission pipelines. Its DTE Vantage segment offers metallurgical and petroleum coke to steel and other industries; and power generation, steam production, chilled water production, and wastewater treatment services, as well as compressed air supply to industrial customers. This segment also owns and operates 3 renewable generating plants with a capacity of 114 MWs; and 23 gas recovery sites. Its Energy Trading segment engages in power, natural gas, and environmental marketing and trading; structured transactions; and the optimization of contracted natural gas pipeline transportation and storage positions. The company was founded in 1849 and is based in Detroit, Michigan.

Fundamentals for DTE Energy Company

Market Capitalization
$28,620,881,920
EBITDA
$3,320,000,000
Dividends per Share
$4.15
P/E Ratio
20.34
Forward P/E Ratio
19.23
Earnings per Share
$6.78
Earnings per Share Estimate Next Year
Profit Margin
11.27%
Shares Outstanding
207,518,000
Percent Owned by Insiders
0.37%
Percent Owned by Institutions
77.95%
52-Week High
52-Week Low

Technical Indicators for DTE Energy Company

50-Day Moving Average
200-Day Moving Average
RSI
68.63
2.26

Analyst Ratings for DTE Energy Company

Strong Buy
8
Buy
3
Hold
9
Sell
0
Strong Sell
0

News About DTE Energy Company

Mar 17, 2025, 11:25 AM EST
We recently published a list of 11 Best Reddit Stocks to Invest In. See more.
Mar 14, 2025, 1:38 PM EST
DTE Energy is currently navigating shareholder proposals from activist investor John Chevedden, who is advocating for enhancements in the special shareholder meeting process. See more.
Mar 12, 2025, 2:52 AM EST
Investors in DTE Energy Company DTE need to pay close attention to the stock based on moves in the options market lately. See more.
Mar 11, 2025, 9:49 AM EST
Second year of DTE Foundation grant program offers community transformation-focused nonprofits opportunity to apply for funding to enhance communities across Michigan See more.