0.08%
7.74%
8.62%
7.19%
18.15%
3.89%
33.65%
AI Spotlight on DTE
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Company Description
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.
Market Data
| Last Price | 132.05 |
| Change Percentage | 0.08% |
| Open | 131.02 |
| Previous Close | 131.94 |
| Market Cap ( Millions) | 27366 |
| Volume | 1703190 |
| Year High | 136.28 |
| Year Low | 103.06 |
| M A 50 | 123.63 |
| M A 200 | 121.12 |
Financial Ratios
| FCF Yield | 10.36% |
| Dividend Yield | 3.14% |
| ROE | 12.32% |
| Debt / Equity | 21.96% |
| Net Debt / EBIDTA | 64.79% |
| Price To Book | 2.34 |
| Price Earnings Ratio | 19.47 |
| Price To FCF | 9.65 |
| Price To sales | 2.2 |
| EV / EBITDA | 7.61 |
News
- Mar -05 - DTE Energy to Benefit From Investments Amid Poor Financials
- Feb -22 - DTE Energy: This High-Quality Utility Remains A Buy Now
- Feb -14 - This is Why DTE Energy (DTE) is a Great Dividend Stock
- Feb -13 - DTE Energy Company (DTE) Q4 2024 Earnings Call Transcript
- Feb -13 - DTE Energy's Q4 Earnings Surpass Estimates, Decline Y/Y
- Feb -13 - DTE Energy (DTE) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
- Feb -13 - DTE Energy reports 2024 accomplishments, investments and earnings
- Feb -06 - DTE Energy celebrates energy assistance expansion, thanks to “Coalition to Keep Michigan Warm”
- Feb -06 - DTE Energy names Casey Santos to board of directors
- Jan -30 - DTE Energy schedules full year 2024 earnings release, conference call
- Jan -22 - DTE Energy announces electric reliability progress: Customers experienced a 70% improvement in time spent without power in 2024
- Jan -19 - 5 Top Cyclical Stocks to Buy Now
- Jan -13 - DTE Energy to Benefit From Investments and Renewable Expansion
- Jan -13 - DTE Energy spends $3.3 billion with Michigan suppliers in 2024
- Dec -26 - DTE or CTRI: Which Is the Better Value Stock Right Now?
- Dec -15 - DTE Energy: Strong Growth Prospects Support High Total Returns
- Dec -14 - DTE Energy: Buy Now After The Recent Dividend Hike
- Dec -13 - DTE Energy (DTE) Upgraded to Buy: What Does It Mean for the Stock?
- Dec -10 - DTE Energy brings comfort and home to Detroit families with $63 million in Energy Efficiency Assistance programs
- Dec -04 - DTE Energy sets 2025 annual meeting date
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Electric
Expected Growth : 2.5 %
What the company do ?
DTE Energy Company's Electric segment provides electricity to residential, commercial, and industrial customers in Michigan through its regulated utility, DTE Electric.
Why we expect these perspectives ?
DTE Energy's 2.5% growth in Electric segment is driven by increasing demand for electricity in Michigan, fueled by industrial and commercial customer growth. Additionally, investments in grid modernization and renewable energy sources, such as wind and solar, contribute to the growth. Furthermore, rate base growth and cost recovery mechanisms also support the segment's expansion.
Segment n°2 -> Energy Trading
Expected Growth : 4.0 %
What the company do ?
DTE Energy's Energy Trading segment involves buying and selling physical and financial energy commodities, such as natural gas, electricity, and renewable energy credits.
Why we expect these perspectives ?
DTE Energy's 4.0% growth in Energy Trading is driven by increasing demand for renewable energy sources, strategic hedging and risk management practices, and expansion into new markets. Additionally, the company's ability to optimize energy supply and demand through advanced analytics and technology has contributed to its growth.
Segment n°3 -> Gas
Expected Growth : 2.0 %
What the company do ?
DTE Energy Company's Gas segment provides natural gas sales, transportation, and storage services to residential, commercial, and industrial customers in Michigan.
Why we expect these perspectives ?
DTE Energy's Gas segment growth is driven by increasing demand for natural gas, infrastructure investments, and rate base growth. Additionally, the company's focus on pipeline replacement and expansion projects, as well as its efforts to improve operational efficiency, contribute to the 2.0% growth rate.
Segment n°4 -> DTE Vantage
Expected Growth : 3.5 %
What the company do ?
DTE Vantage is a data analytics platform from DTE Energy Company that provides energy usage insights and optimization tools for businesses and organizations.
Why we expect these perspectives ?
DTE Vantage's 3.5% growth is driven by increasing demand for renewable energy, strategic investments in grid modernization, and a growing customer base. Additionally, DTE Energy's focus on energy efficiency programs, electric vehicle infrastructure development, and favorable regulatory policies contribute to the segment's growth.
Dte Energy Company Products
| Product Range | What is it ? |
|---|---|
| Electricity | DTE Energy provides electricity to residential, commercial, and industrial customers in Southeast Michigan. |
| Natural Gas | DTE Energy supplies natural gas to customers in Michigan, providing a clean and efficient source of energy. |
| Renewable Energy | DTE Energy offers renewable energy solutions, including wind and solar power, to customers seeking sustainable energy options. |
| Energy Efficiency | DTE Energy provides energy efficiency programs and services to help customers reduce energy consumption and lower their energy bills. |
| Energy Storage | DTE Energy offers energy storage solutions, including battery storage systems, to help customers manage energy usage and reduce peak demand. |
| Energy Management | DTE Energy provides energy management services, including energy audits and consulting, to help customers optimize their energy usage. |
DTE Energy Company's Porter Forces
Threat Of Substitutes
DTE Energy Company operates in a regulated industry, which limits the threat of substitutes. However, the increasing adoption of renewable energy sources and energy storage technologies poses a moderate threat to the company's traditional business model.
Bargaining Power Of Customers
DTE Energy Company serves a diverse customer base, including residential, commercial, and industrial customers. While large industrial customers may have some bargaining power, the company's diversified customer base limits the overall bargaining power of customers.
Bargaining Power Of Suppliers
DTE Energy Company relies on a diverse range of suppliers for fuel, equipment, and services. While some suppliers may have bargaining power due to their size or specialized products, the company's diversified supply chain limits the overall bargaining power of suppliers.
Threat Of New Entrants
The energy industry is heavily regulated, and new entrants face significant barriers to entry, including high capital costs and regulatory hurdles. This limits the threat of new entrants to DTE Energy Company's business.
Intensity Of Rivalry
DTE Energy Company operates in a highly competitive industry, with several large players competing for market share. The company faces intense competition in terms of pricing, customer service, and innovation, which increases the intensity of rivalry.
Strength
Capital Structure
| Value | |
|---|---|
| Debt Weight | 65.49% |
| Debt Cost | 4.23% |
| Equity Weight | 34.51% |
| Equity Cost | 7.15% |
| WACC | 5.24% |
| Leverage | 189.77% |
DTE Energy Company : Quality Control
DTE Energy Company passed 0 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| D | Dominion Energy, Inc. produces and distributes energy in the United States. The company operates through four segments: Dominion Energy Virginia, Gas Distribution, Dominion Energy South Carolina, and Contracted Assets. The … |
| EXC | Exelon Corporation, a utility services holding company, engages in the energy generation, delivery, and marketing businesses in the United States and Canada. It owns nuclear, fossil, wind, hydroelectric, biomass, and … |
| WEC | WEC Energy Group, Inc., through its subsidiaries, provides regulated natural gas and electricity, and renewable and nonregulated renewable energy services in the United States. The company operates through six segments: … |
| XEL | Xcel Energy Inc., through its subsidiaries, generates, purchases, transmits, distributes, and sells electricity. It operates through Regulated Electric Utility, Regulated Natural Gas Utility, and All Other segments. The company generates … |
| NEE | NextEra Energy, Inc., through its subsidiaries, generates, transmits, distributes, and sells electric power to retail and wholesale customers in North America. The company generates electricity through wind, solar, nuclear, coal, … |
Peers Metrics
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Scoring Insights
Peers Group Analysis
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