Sirius Investors
138.10
0.23%Today
DTEDTE Energy Company • New York Stock Exchange • Utilities
Market Cap
28.67B
Volume
1.02M
52W High
142.05
52W Low
115.59

Company Overview

DTE Energy Company engages in the utility operations. 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 fossil-fuel, hydroelectric pumped storage, and nuclear plants, as well as wind and other renewable assets. This segment owns and operates approximately 698 distribution substations and 449,800 line transformers. 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 20,000 miles of distribution mains; 1,304,000 service pipelines; and 1,305,000 active meters, as well as owns approximately 2,000 miles of transmission pipelines. The company's Power and Industrial Projects segment offers metallurgical coke; pulverized coal and petroleum coke to the steel, pulp and paper, and other industries; and power, steam and chilled water production, and wastewater treatment services, as well as supplies compressed air to industrial customers. 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 1903 and is headquartered in Detroit, Michigan.

Company Information

CEO
Gerardo Norcia
Sector
Utilities
Industry
Regulated Electric
Employees
4750

Contact Information

Address
One Energy Plaza
Country
US

Investment Analysis & Insights

Key Investment Highlights

  • Market Position: Utilities leader with 28.67B market capitalization
  • Trading Volume: 1.02M shares traded today
  • Price Range: 52-week range of $115.59 - $142.05
  • Exchange: Listed on New York Stock Exchange

Financial Metrics

P/E Ratio:19.87
EPS:$6.95
Beta:0.42
Avg Volume:1.34M

Market Analysis for DTE Energy Company

DTE Energy Company (DTE) operates in the Regulated Electric industry within the Utilities sector. With a current market capitalization of 28.67B, the company represents a significant player in its market. The stock is currently trading at $138.10 with a negativedaily change of 0.23%.

The company's 4750 employee base and presence on the New York Stock Exchangeexchange position it as a Utilities sector leader. Investors should consider the stock's P/E ratio of 19.87, beta of 0.42, and 52-week price range from $115.59 to $142.05when evaluating investment opportunities.

Why Invest in DTE Energy Company?

Strengths
  • • Established market presence in Utilities
  • • Strong financial metrics and market position
  • • Listed on major exchange (New York Stock Exchange)
  • • Experienced leadership under Gerardo Norcia
Investment Considerations
  • • Monitor sector-specific market trends
  • • Track quarterly earnings performance
  • • Consider market volatility and beta
  • • Evaluate long-term growth potential

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About Utilities Sector

The Utilities sector includes companies that provide essential services like electricity, gas, water, and waste management to consumers and businesses.