DTE Energy Company 2020 Series (DTB) NYSE
Currency In USD
- General
- Statistics
- Historical Data
- Profile
- Financials
Currency In USD
Address
One Energy Plaza
Detroit, MI
United States of America (the)
Phone
313 235 4000
Website
Sector
Utilities
Industry
Regulated Electric
Employees
9950
First IPO Date
October 07, 2020
DTE Energy Company functions as a broad-ranging energy enterprise, dedicated to establishing and managing a variety of energy-related ventures and services. Its operations are organized into several distinct business units. The Electric segment oversees the generation, procurement, supply, and retail sale of electricity to residential, commercial, and industrial clients located in southeastern Michigan. The Gas segment is responsible for acquiring, storing, transporting, distributing, and selling natural gas to households, businesses, and industrial users across Michigan, as well as providing storage and transit capacity. DTE Vantage focuses on projects that deliver energy and utility-style offerings to industrial, commercial, and institutional customers, produces lower-emission fuels, and markets electricity and pipeline-grade gas derived from renewable energy initiatives. The Energy Trading segment manages the company's activities in energy markets and trading. Lastly, the Corporate and Other segment covers various holding company functions, manages certain non-utility financial obligations, holds specific investments, and allocates funds to support regional development and economic expansion. The company, founded in January 1995, maintains its primary offices in Detroit, Michigan.