Last $81.14 USD
Change Today +0.56 / 0.69%
Volume 788.7K
DTE On Other Exchanges
Symbol
Exchange
Munich
As of 8:04 PM 03/5/15 All times are local (Market data is delayed by at least 15 minutes).

dte energy company (DTE) Snapshot

Open
$80.90
Previous Close
$80.58
Day High
$81.47
Day Low
$80.69
52 Week High
01/28/15 - $92.27
52 Week Low
03/7/14 - $69.58
Market Cap
14.4B
Average Volume 10 Days
1.1M
EPS TTM
$5.06
Shares Outstanding
177.2M
EX-Date
03/12/15
P/E TM
16.0x
Dividend
$2.76
Dividend Yield
3.32%
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 operates in the utility operations. The company’s Electric segment engages 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 through fossil-fuel, hydroelectric pumped storage, and nuclear plants, as well as wind and other renewable assets. This segment owns and operates approximately 675 distribution substations; and approximately 432,900 line transformers. Its Gas segment is involved in the purchase, storage, transportation, distribution, and sale of natural gas to approximately 1.2 million residential, commercial, and industrial customers in Michigan, as well as in the sale of storage and transportation capacity. This segment has approximately 19,000 miles of distribution mains, 1,162,000 service pipelines, and 1,313,000 active meters; and owns approximately 2,000 miles of transmission pipelines. 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 provides metallurgical coke; pulverized coal and petroleum coke to the steel, pulp and paper, and other industries; and power generation, steam production, chilled water production, wastewater treatment, and compressed air supply to industrial customers. It also owns and operates 5 renewable generating plants with a capacity of 228 MWs; and 9 reduced emissions fuel facilities. The company’s Energy Trading segment focuses on 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 based in Detroit, Michigan.

10,000 Employees
Last Reported Date: 02/13/15
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 Company Presents at UBS Utilities and Natural Gas One-on-One Conference, Mar-03-2015

DTE Energy Company Presents at UBS Utilities and Natural Gas One-on-One Conference, Mar-03-2015 . Venue: InterContinental Boston, Boston, United States. Speakers: Dave Meador, Vice Chairman & Chief Admin Officer, Jeff Jewell, Vice President & Controller.

DTE Energy Plans To Acquire Gas Plants

DTE Energy Company (NYSE:DTE) plans to acquire more gas plants in the near future.

DTE Energy Company Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014; Revised Earnings Guidance for the Fiscal 2015; to Invest $11 Billion in Capital Projects

DTE Energy Company announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported operating Revenue was $3,078 million against $2,533 million a year ago. Operating income was $542 million against $241 million a year ago. Income before income taxes was $436 million against $155 million a year ago. Net income attributable to the company was $299 million against $124 million a year ago. Diluted earnings per share from continuing operations were $1.68 against $0.70 a year ago. For the year, the company reported operating Revenue was $12,301 million against $9,661 million a year ago. Operating income was $1,590 million against $1,203 million a year ago. Income before income taxes was $1,275 million against $922 million a year ago. Net income attributable to the company was $905 million against $661 million a year ago. Diluted earnings per share from continuing operations were $5.10 against $3.76 a year ago. Reported earnings in 2014 were up 37%, driven in large part by DTE energy’s businesses outside of its utilities. Operating earnings were $816 million against $720 million a year ago. Operating EPS was $4.60 against $4.09 a year ago. Cash from operations was $1.8 billion against $2.2 billion a year ago. Capital spending was $2.1 billion against $1.9 billion a year ago. Cash from operations decreased due to lower surcharge collections and higher purchased power costs at DTE Electric. Capital expenditure was higher primarily due to increased investment at DTE Electric. The company has raised earnings guidance for the fiscal 2015. The company now expects operating income of $802 to $846 million compared to $795 to $839 million expected previously. Operating EPS has been raised to $4.48 to $4.72 compared to $4.43 to $4.67 expected previously. Cash from operations is expected to be $1.7 billion, capital expenditure in a range of $2,500 to $2,600 million and free cash flow of $0.9 billion. Cash from operations decreased due to elimination of securitization bond surcharge at DTE Electric. Capital expenditure are higher due to increased generation and infrastructure investment at the utilities and growth projects at the non-utilities. The company will invest over $11 billion in capital projects to drive growth through 2019.

 

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DTE

Industry Average

Valuation DTE Industry Range
Price/Earnings 15.8x
Price/Sales 1.2x
Price/Book 1.7x
Price/Cash Flow 7.0x
TEV/Sales 0.4x
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