DTE Energy Company

DTE Energy Company is a diversified energy company based in the United States. It operates through four segments: Electric, Gas, DTE Vantage, and Energy Trading. The Electric segment generates, purchases, distributes, and sells electricity to about 2.3 million residential, commercial, and industrial customers in southeastern Michigan. It uses coal-fired plants, natural gas plants, hydroelectric pumped storage, nuclear plants, and renewable sources like wind and solar. The Gas segment purchases, stores, transports, distributes, and sells natural gas to approximately 1.4 million customers throughout Michigan, and also sells storage and transportation capacity. DTE Vantage provides metallurgical and petroleum coke, power generation, steam and chilled water production, wastewater treatment, and compressed air supply to industrial customers, and operates renewable plants and gas recovery sites. The Energy Trading segment engages in energy trading activities.

DTE Energy Company is listed on the New York Stock Exchange (NYSE) under the ticker symbol DTE. The trading currency for its shares is the US Dollar (USD). As a US-based company, its financial reporting and stock transactions are conducted in USD, making it accessible to investors trading on US markets.

DTE Energy Company operates in the Utilities sector, specifically within the Utilities - Regulated Electric industry. This means it is primarily involved in the generation, transmission, and distribution of electricity under regulatory oversight. As a regulated electric utility, its rates and operations are subject to approval by state and federal regulatory bodies, which helps ensure stable and reliable service to its customers in southeastern Michigan.

DTE Energy Company is headquartered in the United States and serves customers primarily in Michigan. Its Electric segment provides electricity to approximately 2.3 million residential, commercial, and industrial customers in southeastern Michigan. The Gas segment distributes natural gas to about 1.4 million customers throughout the entire state of Michigan. The company's infrastructure includes extensive distribution and transmission networks, such as approximately 21,000 miles of gas distribution mains and 2,000 miles of transmission pipelines, along with numerous substations and transformers for electricity.

DTE Energy generates revenue through its four segments. The Electric segment earns by generating and selling electricity to residential, commercial, and industrial customers in southeastern Michigan, using a mix of fossil fuel, nuclear, and renewable sources. The Gas segment profits from purchasing, storing, transporting, and selling natural gas to customers across Michigan, as well as selling storage and transportation capacity. DTE Vantage provides industrial services like coke supply, power and steam generation, chilled water, wastewater treatment, and compressed air, and also operates renewable plants and gas recovery sites. The Energy Trading segment engages in trading activities to optimize energy assets and capture market opportunities. This diversified model allows DTE to serve regulated utility markets while also pursuing unregulated energy services.