DTE Energy Company

DTE
Sector

Utilities

Industry

Utilities - Regulated Electric

Market Cap

$25.18B

Employees

9.9K

Company Overview

DTE Energy Company is a diversified energy company with utility operations primarily through DTE Electric and DTE Gas. DTE Electric is a public utility engaged in the generation, purchase, distribution, and sale of electricity in southeastern Michigan, while DTE Gas is a public utility engaged in the purchase, storage, transportation, distribution, and sale of natural gas throughout Michigan. DTE Energy also has non-utility operations through DTE Vantage and Energy Trading.

Filing Highlights

Key insights and themes extracted from this filing

10 Themes

Financial Performance

3 Insights

Net income attributable to DTE Energy Company increased from $313 million in Q1 2024 to $445 million in Q1 2025. This significant increase reflects improved financial performance across various segments.

DTE Electric's net income decreased from $170 million in Q1 2024 to $121 million in Q1 2025, despite operating revenues remaining relatively stable at $1.46 billion and $1.45 billion, respectively. This suggests increased costs or other deductions are impacting profitability.

DTE Energy's operating revenues increased substantially from $3.24 billion to $4.44 billion, driven by a significant increase in non-utility operations. Utility operations saw a smaller increase, indicating that growth is primarily coming from non-regulated segments.

Growth & Strategy

3 Insights

Management Execution

3 Insights

Risk Factors

3 Insights

Competitive Position

3 Insights

Operational Efficiency

3 Insights

Innovation & Technology

3 Insights

Capital Allocation

3 Insights

ESG Initiatives

3 Insights

Market Environment

3 Insights