Last $89.32 USD
Change Today +1.38 / 1.57%
Volume 881.1K
DTE On Other Exchanges
Symbol
Exchange
New York
Munich
As of 8:04 PM 12/26/14 All times are local (Market data is delayed by at least 15 minutes).

dte energy company (DTE) Snapshot

Open
$88.00
Previous Close
$87.94
Day High
$89.43
Day Low
$88.00
52 Week High
12/26/14 - $89.43
52 Week Low
01/3/14 - $64.84
Market Cap
15.8B
Average Volume 10 Days
971.2K
EPS TTM
$4.07
Shares Outstanding
177.0M
EX-Date
12/11/14
P/E TM
21.9x
Dividend
$2.76
Dividend Yield
3.01%
Current Stock Chart for DTE ENERGY COMPANY (DTE)

dte energy company (DTE) Related Businessweek News

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dte energy company (DTE) Details

DTE Energy Company, together with its subsidiaries, operates as an energy company. The company’s Electric segment is engaged in the generation, purchase, distribution, and sale of electricity to approximately 2.1 million residential, commercial, and industrial customers in southeastern Michigan. It generates electricity from fossil-fuel, hydroelectric pumped storage, and nuclear plants, as well as wind and other renewable assets. This segment owns and operates approximately 669 distribution substations; and approximately 428,600 line transformers. Its Gas segment is involved in the purchase, storage, transportation, distribution, and sale of natural gas, as well as the sale of storage and transportation capacity. This segment has approximately 19,000 miles of distribution mains, approximately 1,162,000 service pipelines, and approximately 1,311,000 active meters; and owns approximately 2,000 miles of transmission pipelines. This segment supplies natural gas to approximately 1.2 million residential, commercial, and industrial customers throughout Michigan, as well as to approximately 17,000 customers in Adrian, Michigan. The company’s Gas Storage and Pipelines segment controls two natural gas storage fields, and intrastate lateral and intrastate gathering pipeline systems, as well as has ownership interests in two interstate pipelines serving the Midwest, Ontario, and northeast markets. Its Power and Industrial Projects segment consists of steel and petroleum coke, onsite energy, wholesale power and renewables, and reduced emissions fuel projects. The company’s Energy Trading segment is engaged in physical and financial power, gas, and coal marketing and trading; structured transactions; and optimization of contracted natural gas pipeline transportation and storage, and generating capacity positions. DTE Energy Company was founded in 1995 and is headquartered in Detroit, Michigan.

9,900 Employees
Last Reported Date: 02/14/14
Founded in 1995

dte energy company (DTE) Top Compensated Officers

Chairman of the Board, Chief Executive Office...
Total Annual Compensation: $1.2M
President and Chief Operating Officer
Total Annual Compensation: $568.3K
Group President, President of DTE Electric & ...
Total Annual Compensation: $536.5K
Chief Administrative Officer, Vice Chairman a...
Total Annual Compensation: $634.6K
Senior Vice President, General Counsel and Me...
Total Annual Compensation: $509.0K
Compensation as of Fiscal Year 2013.

dte energy company (DTE) Key Developments

DTE Energy Declares Dividend Payable on Jan. 15, 2015

DTE Energy Board of Directors has declared a $0.69 per share dividend on its common stock payable Jan. 15, 2015, to shareholders of record at the close of business Dec. 15, 2014.

DTE Energy Company and Southwestern Energy Co. Announces Expansion in Bluestone System

DTE Energy and Southwestern Energy Co. signed an agreement to significantly expand their relationship centered on the Bluestone Pipeline and in-field gathering system. The new gathering agreement increases the infrastructure footprint associated with DTE Energy's gathering assets by approximately 50% in Susquehanna County, Pa. This agreement also increases Southwestern's transportation capacity on the Bluestone Pipeline. The 44.5-mile Bluestone Pipeline can deliver approximately 0.8 Bcf/day of gas to both the Millennium Pipeline in Broome County, N.Y., and the Tennessee Gas Pipeline in Susquehanna County, and is currently increasing its capacity to 1.0 Bcf/d by mid-2016.

DTE Energy to Purchase Renaissance Power Plant

DTE Energy announced plans to buy the Renaissance Power Plant in Carson City. That is in Montcalm County slightly northwest of Saint Johns. The $240 million purchase will help the company meet peak demand for energy use during the summer. They are expected to complete the purchase early next year.

 

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DTE Competitors

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Industry Analysis

DTE

Industry Average

Valuation DTE Industry Range
Price/Earnings 21.7x
Price/Sales 1.3x
Price/Book 1.9x
Price/Cash Flow 8.5x
TEV/Sales 0.6x
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