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Dte Energy Company
6 own
10 watching
Current Price
$112.76
$-1.95
(-1.7%)
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Market Capitalization
Market Capitalization
21,846.35M
52-Week High
52-Week High
140.23
52-Week Low
52-Week Low
100.64
Average Volume
Average Volume
1.42M
Dividend Yield
Dividend Yield
0.045255
P/E Ratio
P/E Ratio
25.2754
iconMarket Capitalization21,846.35M
icon52-Week High140.23
icon52-Week Low100.64
iconAverage Volume1.42M
iconDividend Yield0.045255
iconP/E Ratio25.2754
What does the Dte Energy Company do?
DTE Energy Company engages in the utility operations. The company's Electric segment generates, purchases, distributes, and sells electricity to approximately 2.2 million residential, commercial, and industrial customers in southeastern Michigan. It generates electricity through fossil-fuel, hydroelectric pumped storage, and nuclear plants, as well as wind and other renewable assets. This segment owns and operates approximately 690 distribution substations and 438,000 line transformers. Its Gas segment engages in the purchase, storage, transportation, distribution, and sale of natural gas to approximately 1.3 million residential, commercial, and industrial customers in Michigan, as well as the sale of storage and transportation capacity. This segment has approximately 19,000 miles of distribution mains; 1,149,000 service pipelines; and 1,297,000 active meters, as well as owns approximately 2,000 miles of transmission pipelines. The company's Gas Storage and Pipelines segment owns natural gas storage fields, and lateral and gathering pipeline systems, as well as has ownership interests in interstate pipelines serving the Midwest, Ontario, and northeast markets. Its Power and Industrial Projects segment provides metallurgical coke; pulverized coal and petroleum coke to the steel, pulp and paper, and other industries; and power, steam, chilled water, and wastewater treatment services, as well as supplies compressed air to industrial customers. This segment also owns and operates 4 renewable generating plants with a capacity of 191 MWs; and 11 reduced emissions fuel facilities, as well as develops landfill gas recovery systems. The company's Energy Trading segment engages in power and gas marketing and trading; structured transactions; and the optimization of contracted natural gas pipeline transportation and storage positions. DTE Energy Company was founded in 1903 and is based in Detroit, Michigan.
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News & Events about Dte Energy Company.
Zolmax
3days ago
DTE Energy (NYSE:DTE Get Rating) had its price objective trimmed by Morgan Stanley from $131.00 to $130.00 in a research note issued to investors on Monday morning, Benzinga reports. The firm currently has an overweight rating on the utilities providers stock. Several other equities research ...
Globe Newswire
13days ago
DTE Energy and Walker-Miller Energy Services launch Energy Efficiency Academy partnership, quadrupling program participants in 2023The program will serve:Detroiters providing training accreditation and placement for good-paying jobs in the booming energy efficiency industryMichigan businesses ...
Globe Newswire
17days ago
DTEs natural gas buying strategy protects customers from natural gas price spikes, keeping DTE among Michigans lowest-cost providers DTE Energy serves 1.3 million natural gas customers in Michigan. A natural gas technician services a natural gas meter. DETROIT, Jan. 19, 2023 (GLOBE NEWSWIRE) -- ...
Zolmax
1month ago
DTE Energy (NYSE:DTE Get Rating) has received a consensus rating of Moderate Buy from the sixteen ratings firms that are presently covering the stock, Marketbeat Ratings reports. Five analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1 ...
Globe Newswire
1month ago
Detroit, Dec. 08, 2022 (GLOBE NEWSWIRE) -- One-third of all DTE electricity now comes from carbon-free power sources, bolstering the companys transformational net-zero plans for a more affordable, reliable grid. No-layoff commitment ensures displaced workers opportunities elsewhere at DTE. DTE ...
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Current Price
$112.76
$-1.95
(-1.7%)
arrow-icon
1 Week Returns
3 Months Returns
1 Year Returns

Get Started with as little as $1.00

Get Started with as little as $1.00