Daily Stock Analysis, DTE, DTE Energy Co, priceseries

DTE Energy Co. Daily Stock Analysis
Stock Information
Open
128.80
Close
128.61
High
129.14
Low
127.46
Previous Close
128.79
Daily Price Gain
-0.18
YTD High
132.09
YTD High Date
Jul 11, 2019
YTD Low
105.75
YTD Low Date
Jan 2, 2019
YTD Price Change
22.31
YTD Gain
20.99%
52 Week High
132.09
52 Week High Date
Jul 11, 2019
52 Week Low
101.65
52 Week Low Date
Jul 24, 2018
52 Week Price Change
25.39
52 Week Gain
24.60%
Company Information
Stock Symbol
DTE
Exchange
NYSE
Company URL
http://www.dteenergy.com
Company Phone
3132354000
CEO
Gerard M. Anderson
Headquarters
Business Address
ONE ENERGY PLAZA, DETROIT, MI 48226
Sector
Equity
Industry Category
Industry Group
CIK
About

DTE Energy Co. is a diversified energy company, which is primarily engaged in the business of providing electricity and natural gas sales, distribution and storage services throughout Michigan through its subsidiaries. It operates through the following segments: DTE Electric, DTE Gas and Other. The DTE Electric segment is engaged in the generation, purchase, distribution and sale of electricity to residential, commercial and industrial customers in southeastern Michigan. The DTE Gas segment consists principally of DTE Gas, which is engaged in the purchase, storage, transportation, distribution and sale of natural gas residential, commercial and industrial customers throughout Michigan and the sale of gas storage and transportation capacity. The Other segment is involved in natural gas pipelines, gathering and storage; power and industrial projects; and energy marketing and trading operations. The company was founded in January 1995 and is headquartered in Detroit, MI.

Description

DTE Energy Company engages in the utility operations. The company's Electric segment generates, purchases, distributes, and sells electricity to approximately 2.2 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 690 distribution substations and 438,000 line transformers. Its Gas segment engages in the purchase, storage, transportation, distribution, and sale of natural gas to approximately 1.3 million residential, commercial, and industrial customers in Michigan, as well as the sale of storage and transportation capacity. This segment has approximately 19,000 miles of distribution mains; 1,149,000 service pipelines; and 1,297,000 active meters, as well as owns approximately 2,000 miles of transmission pipelines. The company's Gas Storage and Pipelines segment owns natural gas storage fields, and lateral and gathering pipeline systems, as well as has ownership interests in 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, steam, chilled water, and wastewater treatment services, as well as supplies compressed air to industrial customers. This segment also owns and operates 4 renewable generating plants with a capacity of 191 MWs; and 11 reduced emissions fuel facilities, as well as develops landfill gas recovery systems. The company's Energy Trading segment engages in power and gas marketing and trading; structured transactions; and the optimization of contracted natural gas pipeline transportation and storage positions. DTE Energy Company was founded in 1903 and is based in Detroit, Michigan.