DTE Energy Co. (DTE) news stock charts
DTE Energy Co. (DTE) Investment Summary:
DTE Energy Company engages in the electric and natural gas utility businesses in Michigan. It operates in three segments: Electric Utility, Gas Utility, and Non-Utility Operations. The Electric Utility segment engages in the generation, purchase, distribution, and sale of electricity for residential, commercial, industrial, and wholesale customers. It generates electricity from fossil plants, hydroelectric pumped storage plant, and nuclear plants, as well as purchases electricity from electricity generators, suppliers, and wholesalers. The Gas Utility segment engages in the purchase, storage, transmission, distribution, and sale of natural gas for residential, commercial, and industrial customers. It offers gas sales, end user transportation, intermediate transportation, and gas storage services. The Non-Utility Operations segment involves in the gas pipelines and storage; unconventional gas exploration, development, and production; coal transportation and marketing; energy marketing and trading operations; and power and industrial projects that deliver energy and utility-type services, including pulverized coal, petroleum coke and metallurgical coke supply, power generation, steam production, chilled water production, wastewater treatment, and compressed air supply to steel, automotive, industrial, commercial, and institutional customers. As of December 31, 2008, the company owned 30,612 circuit miles of overhead and 14,913 circuit miles of underground electric distribution lines; natural gas distribution system of approximately 19,000 miles of distribution mains, approximately 1,181,000 service lines, and approximately 1,324,000 active meters; approximately 2,000 miles of transmission lines; 4 carbon dioxide processing facilities; and properties relating to 4 underground natural gas storage fields with an aggregate working gas storage capacity of approximately 132 Bcf. DTE Energy Company was founded in 1995 and is headquartered in Detroit, Michigan.www.dteenergy.com
10,244 Employees
Founded in 1995
DTE ENERGY COMPANY (DTE:NYSE)
LAST $45.14 USD
CHANGE TODAY -0.68 -1.48%
VOLUME 1.2M
As of 8:04 PM 03/18/10 All times are local (Market data is delayed by at least 15 minutes).
Snapshot of DTE ENERGY COMPANY (DTE)
|
OPEN
$45.21
|
PREVIOUS CLOSE
$45.82
|
|
|
DAY HIGH
$45.30
|
DAY LOW
$45.03
|
|
|
52 WEEK HIGH
03/17/10 - $45.93
|
52 WEEK LOW
03/19/09 - $26.67
|
|
|
MARKET CAP
7.5B
|
AVERAGE VOLUME 10 D
1.1M
|
|
|
EPS TTM
$3.33
|
SHARES OUTSTANDING
165.6M
|
|
|
EX-DATE
03/18/10
|
P/E TTM
13.6x
|
|
|
DIVIDEND
$2.12
|
DIVIDEND YIELD
4.70%
|
|
| K = Thousands M = Millions B = Billions | ||
related news
Companies: Come Clean on Climate Change
06/03/2009 11:54 AM ET
Some Relief from the High Cost of Health Insurance
03/17/2009 12:01 AM ET
Stocks Rebound After Bernanke Speaks
02/24/2009 4:35 PM ET
Vital Signs: Focus on Industrial Production, Housing, Deflation
02/12/2009 4:26 PM ET
related news
Fitch raises outlook on DTE Energy
AP Digital - 03/16/2010 5:25 PM ET
Deutsche Telekom introduces women's quota
AP Digital - 03/15/2010 5:19 AM ET
Key developments for DTE ENERGY COMPANY (DTE)
DTE Energy Co. Presents at EEI International Utility Conference, Mar-15-2010
03/9/2010
DTE Energy Co. Presents at EEI International Utility Conference, Mar-15-2010. Venue: London Hilton on Park Lane, 22 Park Lane, London, W1K 1BE, United Kingdom.
DTE Energy Co. expected to Report Q1 2010 Results on April 26, 2010. This event was calculated by Capital IQ (Created on February 25, 2010).
02/25/2010
DTE Energy Co. expected to Report Q1 2010 Results on April 26, 2010. This event was calculated by Capital IQ (Created on February 25, 2010).
DTE Energy Co. Reports Unaudited Consolidated Cash Flow Results for the Year Ended December 31, 2009
02/22/2010
DTE Energy Co. reported unaudited consolidated cash flow results for the year ended December 31, 2009. For the year, the companys net cash from operating activities was $1,819 million compared to $1,559 million a year ago. Plant and equipment expenditures - utility was $960 million compared to $1,183 million a year ago. Plant and equipment expenditures - non utility was $75 million compared to $190 million a year ago.
DTE Energy Co. financial resources
DTE Competitors
| Company | Last | Change |
| Ameren Corp | $26.00 USD | +0.33 |
| Calpine Corp | $11.40 USD | -0.21 |
| CenterPoint Energy Inc | $14.41 USD | -0.05 |
| NRG Energy Inc | $22.02 USD | -0.45 |
| PPL Corp | $28.85 USD | -0.33 |
| Market data is delayed at least 15 minutes. | ||
Industry Analysis
| Valuation | DTE | Industry Range |
| Price/Earnings | 13.9x |
|
| Price/Sales | 0.9x |
|
| Price/Book | 1.2x |
|
| Price/Cash Flow | 4.8x |
|
| TEV/Sales | NM | Not Meaningful |
|
DTE |
||
|
DTE transactions
| Type Date |
Target |
|
Bankruptcy
October 13, 2009 |
D-3M, Inc. |
More Recent Financial News About DTE Energy Co.
DTE Energy Offers Tips and Tools to Save Energy This Spring
2010-03-19 06:25:50
Quote:  DTE Energy customers looking for springtime projects that can help them save money by saving energy will find a wealth of ideas -- from roofing to landscaping – on the company's energy efficiency Web site, YourEnergySavings.com.The site features an interactive house that provides visitors with how-to videos, energy savings tips, and information on an array of energy efficiency programs and rebates available to DTE Energy customers.  The site has two new videos on home weatherizatio...Read article
Detroit Edison Customers now can Report Street Light Outages Online
2010-03-17 08:43:14
Quote: Read article
Fitch raises outlook on DTE Energy
2010-03-17 08:43:13
Quote: NEW YORK (AP) -- Fitch Ratings upgraded its credit outlook on DTE Energy Co. to stable from negative Tuesday, based on the utility's "solid" financial performance last year.In particular, Fitch cited the company's cost cutting, and the decision to hike rates at subsidiary Detroit Edison Co.Despite a revenue drop in 2009, DTE earned $532 million, or $3.24 per share. That was down from 2008, when the company made $546 million, or $3.34 per share, but the year-ago figure included a gain of 50 cents...Read article
DTE Energy Offers Free Energy Efficiency Webinars for Small Businesses
2010-03-16 01:16:26
Quote: DETROIT, March 15 /PRNewswire/ -- DTE Energy will be conducting a series of free energy efficiency webinars throughout 2010 to help small businesses learn how to save money on their utility bills.The free webinars will cover a variety of subjects, including rebates and incentives for energy efficiency measures; the best lighting options for various business needs; heating, ventilation and air conditioning options; energy audits; and much, much more."Each of these free, internet-based webinars ca...Read article
DTE ENERGY CO Files SEC form 8-K, Regulation FD Disclosure
2010-03-11 03:49:35
Quote: Anderson, DTE Energy Company ("DTE Energy") President and Chief
Operating Officer, Peter B. Oleksiak, DTE Energy Vice President, Controller &
Investor Relations, and Lisa A. Muschong, DTE Energy Director of Investor
Relations, will give a business presentation to several groups of investors in
Boston, Massachusetts and New York, New York from March 10-12, 2010. The
applicable slide presentation for those meetings will be the presentation that
was furnished as Exhibit 99.1 to DTE En...Read article
MPSC Approves Detroit Edison's First Solar Energy Engineering Contract
2010-03-08 03:52:40
Quote: The contract directs Nova to analyze the feasibility, design, installation and start-up of up to 3 megawatts of photovoltaic (PV) solar systems to be installed on Detroit Edison-owned, as well as customer-owned facilities."This contract will provide a number of new energy opportunities for our larger customers, as well as economic development benefits for the region as a whole," said Trevor Lauer, DTE Energy vice president, Retail Marketing. "We're interested in installing solar photovoltaic sys...Read article
Utility Grid Battle Breaks Open, Threatening Wind Development
2010-03-05 03:14:46
Keywords: Energy News, Utility News, Energy Industry News, Financial News, Market News, Market Coverage, Forbes News, Oil, Gasoline, Solar Energy, Petroleum, Wind Power, Electricity
Quote: The 10 are Alliant Energy, CMS Energy, Con Edison,Southern Company,DTE Energy, Northeast Utilities, Progress Energy, PPLCorp., AES'sIndianapolis Power & Light and Public Service Enterprise Group.
Of course at the same time there are a bunch of other utilities, like AEP, along with independent power producers like NRG Energy and renewable advocates like the American Wind Energy Association (AWEA), who want badly to get the grid up and running. On the surface, the two sides are at odds over wh...Read article
DTE Energy Company Earnings Call scheduled for 9:00 am ET today
2010-03-04 09:01:09
Quote: Call DetailsDTE Energy Company Earnings Conference Call (Q4 2009)Tue,
Feb 23, 2010, 9:00 am EasternAbout DTE Energy CompanyDTE)DTE Energy Company, together with its subsidiaries, operates as an electric and natural gas utility company in Michigan. It also involves in non-utility operations. The company’s Energy Utility segment engages in the generation, purchase, distribution, and sale of electricity in southeastern Michigan. It generates electricity from various fuels, including coal, as w...Read article
MPSC Approves Detroit Edison's First Solar Energy Engineering Contract
2010-03-03 03:56:17
Quote: The contract directs Nova to analyze the feasibility, design, installation and start-up of up to 3 megawatts of photovoltaic (PV) solar systems to be installed on Detroit Edison-owned, as well as customer-owned facilities."This contract will provide a number of new energy opportunities for our larger customers, as well as economic development benefits for the region as a whole," said Trevor Lauer, DTE Energy vice president, Retail Marketing. "We're interested in installing solar photovoltaic sys...Read article
DTE 4th-qtr profit falls on weak Michigan economy
2010-03-01 04:50:30
Quote: DETROIT (AP) -- DTE Energy said Tuesday that its fourth-quarter earnings slid 7 percent, mainly because of lower sale volumes at its Detroit Edison utility due to the weak economy and unseasonably warm weather.DTE recorded fourth-quarter earnings of $120 million, or 72 cents per share, compared with profit of $129 million, or 79 cents per share, in the year-ago quarter.Revenue fell slightly to $2.1 billion from $2.2 billion.Analysts surveyed by Thomson Reuters expected income of 72 cents per sha...Read article
DTE 4th-qtr profit falls on weak Michigan economy
2010-02-25 07:27:43
Quote: DETROIT (AP) -- DTE Energy said Tuesday that its fourth-quarter earnings slid 7 percent, mainly because of lower sale volumes at its Detroit Edison utility due to the weak economy and unseasonably warm weather.DTE recorded fourth-quarter earnings of $120 million, or 72 cents per share, compared with profit of $129 million, or 79 cents per share, in the year-ago quarter.Revenue fell slightly to $2.1 billion from $2.2 billion.Analysts surveyed by Thomson Reuters expected income of 72 cents per sha...Read article
DTE 4th-qtr profit falls on weak Michigan economy
2010-02-24 01:15:15
Quote: DETROIT (AP) -- DTE Energy said Tuesday that its fourth-quarter earnings slid 7 percent, mainly because of lower sale volumes at its Detroit Edison utility due to the weak economy and unseasonably warm weather.DTE recorded fourth-quarter earnings of $120 million, or 72 cents per share, compared with profit of $129 million, or 79 cents per share, in the year-ago quarter.Revenue fell slightly to $2.1 billion from $2.2 billion.Analysts surveyed by Thomson Reuters expected income of 72 cents per sha...Read article
DTE ENERGY CO Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits
2010-02-24 01:15:15
Quote: Financial Statements and Exhibits.
(d) Exhibits
99.1Slide Presentation of DTE Energy Company dated February 23, 2010.
Forward-Looking Statements:
This Form 8-K contains forward-looking statements that are subject to various
assumptions, risks and uncertainties. It should be read in conjunction with the
"Forward-Looking Statements" section in each of DTE Energy's and Detroit
Edison's 2008 Form 10-K and 2009 Forms 10-Q (which sections are incorporated by
reference herein), and in conj...Read article
DTE Energy Company Q4 2009 Earnings Call Transcript
2010-02-24 01:15:14
Quote: DTE Energy Company (DTE)
Q4 2009 Earnings Call
February 23, 2010 09:00 am ET
Executives
Gerry Anderson - President & COO
Dave Meador - CFO
Nick Khouri - VP & Treasurer
Analysts
Greg Gordon - Morgan Stanley
Paul Ridzon - Keybanc
Leon Dubov - Catapult Capital
Paul Patterson - Glenrock Associates
Mark Siegel - Canaccord Adams
Yiktat Fung - Zimmer Lucas Partners
Daniele Seitz - Dudak Research
Presentation
Operator
Good day and welcome to the DTE Energy, fourth quarter and year end 2009 ear...Read article
DTE Energy 2009 Earnings Solid Despite Economy
2010-02-23 04:25:04
Quote: Earley Jr., DTE Energy chairman and CEO. "However, while our continuous improvement program and one-time cost savings helped to preserve our financial health, neither of our utilities earned their authorized return. Our non-utility businesses also overcame the weak economy to deliver solid earnings and maintain their growth momentum."Our 2009 performance enables DTE Energy to continue to be a leader in Michigan's economic rebound," Earley added. "During 2010 our focus on continuous improvement w...Read article
UPDATE - DTE Energy posts lower Q4 profit
2010-02-23 04:25:03
Keywords: Utilities,United States of America,Renewable energy,Energy,Corporate Results,Corporate Results Forecasts,Natural Gas,Energy and Resources,Commodities and Energy Markets,Energy Markets,Business activities,Company News item,Economic news, EC, business/finan
Quote: UPDATE 1-DTE Energy posts lower Q4 profit
* Q4 shr $0.72 in-line with estimate * Q4 oper revenue down 2 pct * Sees FY2010 oper EPS $3.35-$3.75 Feb 23 (Reuters) - Power company DTE Inc (DTE.N) reported
fourth-quarter profit in line with estimates and forecast an
operating earnings range that was largely above market
expectations. For the quarter, the company's net income was $120 million,
or 72 cents a share, compared with $129 million, or 79 cents a
share, a year earlier. Operating revenue fell ...Read article
DTE Energy profit falls 7%
2010-02-23 04:25:03
Keywords: , DTE, DTE Energy Co
Quote: SAN FRANCISCO (MarketWatch) -- DTE Energy Co./quotes/comstock/13*!dte/quotes/nls/dte(DTE44.62,+0.02,+0.04%), citing lower electricity sales through its utilities, reported late Monday fourth-quarter net income fell to $120 million, or 72 cents a share, from $129 million, or 79 cents, a year ago. Revenue slipped to $2.12 billion from $2.17 billion. Analysts polled by FactSet Research estimated earnings of 72 cents a share. The company estimated its full-year 2010 earnings at $3.35 to $3.75 a shar...Read article
DTE ENERGY CO Files SEC form 8-K, Results of Operations and Financial Condition
2010-02-23 04:25:03
Quote: Results of Operations and Financial Condition.
DTE Energy Company is furnishing the Securities and Exchange Commission ("SEC")
with its earnings release issued February 22, 2010, announcing financial results
for the year and quarter ended December 31, 2009. A copy of the earnings release
and the financial information distributed for media and investor relations
communications are furnished as Exhibits 99.1 and 99.2 and incorporated herein
by reference.
In accordance with General Ins...Read article
DTE Energy Reports Lower 4Q Profit, Sales
2010-02-23 04:25:02
Keywords: DTE Energy Reports Lower 4Q Profit, Sales, DTE Energy Co., DTE results, fourth quarter, earnings,
Quote: DTE Energy Co. (DTE) reported sales that missed expectations,while earnings per share were in-line with the Street’s view.The Michigan-based energy company said it expects 2010 operating earnings in the range of $3.35 to $3.75 a share, in-linewith analyst expectations for $3.41 a share, according to a poll by Thomson Reuters.For the fourth quarter, the company reported earnings fell to $120 million or 72 cents a share, compared to profit of $129million or 79 cents a share one year ago.Rev...Read article
Q4 2009 DTE Energy Company Earnings Release - Time Not Supplied
2010-02-22 09:04:01
Quote: Read article
Would you like to leave a comment about DTE Energy Co. DTE
Find out what social network information about DTE Energy Co. are available on RealpenniesWorst 5 - Click here to find out what stocks have been voted down by our visitors and users
Besides DTE Energy Co.'s Stock there is more great penny stock and market information at Realpennies