
DTE Energy Company
DTE · NYSE · Utilities / Utilities - Regulated Electric
Price History
Full chartMarket Stats
About
DTE Energy Company engages in energy-related businesses and services. The company operates through four segments: Electric, Gas, DTE Vantage, and Energy Trading.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, natural gas plant, 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 37,870,000 kilovolt-amperes (kVA) and approximately 4,56,900 line transformers with a capacity of approximately 33,770,000 kVA. The company's Gas segment purchases, stores, transports, distributes, and sells natural gas to approximately 1.4 million residential, commercial, and industrial customers throughout Michigan; and sells storage and transportation capacity. This segment has approximately 21,000 miles of distribution mains; 1,242,000 service pipelines; and 1,361,000 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 2 renewable generating plants with a capacity of 70 MWs; and 22 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.
Company Details
- SectorUtilities
- IndustryUtilities - Regulated Electric
- CEOMs. Joi M. Harris
- Employees9.59K
- HeadquartersOne Energy Plaza, Detroit, MI, United States, 48226-1221, USA
- Websitehttps://www.dteenergy.com
Leadership
- Mr. Gerardo NorciaExecutive Chairman · b. 1963
- Ms. Joi M. HarrisPresident, CEO & Director · b. 1970
- Mr. Trevor F. LauerVice Chairman & Group President · b. 1964
- Mr. David S. RuudVice Chairman & CFO · b. 1966
- Mr. Matthew T. PaulPresident & Chief Operating Officer ? DTE Electric · b. 1969
- Ms. Tracy J. MyrickChief Accounting Officer · b. 1976
- Mr. Bill ChiuVice President of Distribution Engineering & Technology
- Mr. Steven B. AmbroseChief Information Officer & VP
- Ms. Angie PizzutiSenior VP & Chief Administrative Officer
- Mr. John DermodyManager of Investor Relations
Financials
Income Statement
Balance Sheet
Cash Flow
Earnings
Key Statistics & Ratios
Analyst Ratings
- Strong Buy9
- Buy1
- Hold8
Ownership Breakdown
- Institutions
- 82.47%
- Insiders
- 0.40%
- Retail / Other
- 17.13%
Top Institutional Holders
- BlackRock Inc25.70M12.35%
- Vanguard Capital Management, LLC12.57M6.04%
- Capital Research Global Investors12.50M6.01%
- State Street Corp11.23M5.40%
- Vanguard Portfolio Management, LLC11.18M5.37%
- Capital World Investors9.99M4.80%
- Geode Capital Management, LLC5.87M2.82%
- Ameriprise Financial Inc5.61M2.69%
- Jupiter Topco LLC3.13M1.51%
- HHG PLC3.08M1.48%
- Amvescap Plc.2.98M1.43%
- Bank of America Corp2.74M1.32%
Top Fund Holders
- Vanguard MStar Total Stk Mkt Idx Invest6.60M3.17%
- American Funds American Mutual A5.59M2.68%
- Vanguard 500 Index Investor5.47M2.63%
- Vanguard MStar Mid Cap Index Instl4.45M2.14%
- American Funds Washington Mutual A3.87M1.86%
- State Street®UtilSelSectSPDR®ETF3.58M1.72%
- iShares Core S&P 500 ETF2.77M1.33%
- Fidelity 500 Index2.70M1.30%
Dividends
Stock Splits
- Jul 1, 202147:40
- Jan 15, 19632:1