DTE Energy Company is a diversified energy company whose utility operations consist primarily of DTE Electric and DTE Gas. DTE Electric is engaged in the generation, purchase, distribution, and sale of electricity to approximately 2.3 million customers in southeastern Michigan. DTE Gas is engaged in the purchase, storage, transportation, distribution, and sale of natural gas to approximately 1.3 million customers throughout Michigan. DTE Energy also has two other segments: DTE Vantage, which is primarily involved in renewable natural gas projects and providing custom energy solutions, and Energy Trading, which consists of energy marketing and trading operations.

• Employees: 9,950 (as of December 31, 2023)
• Geographic Footprint: Primarily Michigan, with DTE Vantage operations in multiple states
• Headquarters: Detroit, Michigan
• Founded: 1995 (DTE Energy), 1903 (DTE Electric), 1898 (DTE Gas)
• Number of locations/facilities: 701 distribution substations, 453,700 line transformers (DTE Electric), 21,000 miles of distribution mains (DTE Gas)
• Revenue: $12.7 billion (FY2023)
• Key Subsidiaries/Brands: DTE Electric, DTE Gas, DTE Vantage

• CEO: Gerardo Norcia
• CFO: David Ruud

• Annual Revenue: $12.7 billion (FY2023)
• Net Income: $1.4 billion (FY2023)
• Total Assets: $44.8 billion (FY2023)
• Employees: 9,950 (as of December 31, 2023)
• Key Financial Highlights: Net income attributable to DTE Energy Company was $1.4 billion in 2023, compared to $1.1 billion in 2022.

• Electricity: Generation, purchase, distribution, and sale of electricity to approximately 2.3 million customers in southeastern Michigan.
• Natural Gas: Purchase, storage, transportation, distribution, and sale of natural gas to approximately 1.3 million customers throughout Michigan.
• Renewable Energy Projects: Development and operation of renewable energy projects that sell electricity and pipeline-quality gas, and projects that deliver custom energy solutions.
• Energy Marketing and Trading: Physical and financial power, natural gas, and environmental marketing and trading.

• Electric: Consists principally of DTE Electric, engaged in the generation, purchase, distribution, and sale of electricity.
• Gas: Consists principally of DTE Gas, engaged in the purchase, storage, transportation, distribution, and sale of natural gas.
• DTE Vantage: Comprised primarily of renewable energy projects that sell electricity and pipeline-quality gas and projects that deliver customer energy solutions.
• Energy Trading: Focuses on physical and financial power, natural gas and environmental marketing and trading.
• Corporate and Other: Includes various holding company activities, holds certain non-utility debt, and holds certain investments.

DTE Energy's strategy is to achieve long-term earnings per share growth with a strong balance sheet and attractive dividend. DTE Energy is focused on transitioning away from coal-fired plants to renewable energy and other sources, including leveraging existing infrastructure at the Belle River power plant through a coal to natural gas conversion. DTE Electric plans to end the use of coal-fired power plants in 2032 and plans significant investments in solar, wind, and battery storage. DTE Gas is working to source gas with lower methane intensity, reduce emissions through its main renewal and pipeline integrity programs, and if necessary, use carbon offsets to address any remaining emissions. DTE Energy also aims to help DTE Gas customers reduce their emissions by approximately 35% by 2040 by increasing energy efficiency, pursuing advanced technologies such as hydrogen and carbon capture and sequestration, and through the CleanVision Natural Gas Balance program.

• Primary Industry: Utilities (Electric and Gas)
• Market Trends: Transition to renewable energy, increasing grid investment, electrification, and energy waste reduction initiatives.
• Key Competitors: Other utilities and alternative energy providers.

• Regulatory Risks: Subject to rate regulation by the MPSC and FERC; changes in regulations could impact cost recovery.
• Operational Risks: Potential for operational failures of electric or gas systems, nuclear facility risks, and supply chain disruptions.
• Financial Risks: Exposure to commodity price volatility, interest rate changes, and credit market instability.
• Environmental Risks: Compliance with environmental laws and regulations, potential liabilities related to climate change.
• Cybersecurity Risks: Threats of cyber incidents, physical security, and terrorism could disrupt operations.