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DTE

115.06USD-1.06(-0.91%)Market Closed

DTE Energy Co

Market Summary

USD115.06-1.06Market Closed
-0.91%

DTE Alerts

DTE Stock Price

RSI Chart

Valuation

Market Cap

22.0B

Price/Earnings

19.59

Price/Sales

1.13

Price/Cashflow

10.45

MarketCap/EBT

19.8

Price/Sales

Profitability

EBT Margin

5.73%

Return on Equity

12.51%

Return on Assets

2.68%

Fundamentals

Revenue

Revenue (TTM)

19.4B

Revenue Y/Y

41.35%

Revenue Q/Q

6.64%

Earnings

Earnings (TTM)

1.1B

Earnings Y/Y

1.4K%

Earnings Q/Q

945.95%

Price Action

52 Week Range

100.64139.19
(Low)(High)

Last 7 days

0.2%

Last 30 days

3.6%

Last 90 days

-12.3%

Trailing 12 Months

6.9%

Financial Health

Current Ratio

0.79

Debt/Equity

1.94

Debt/Cashflow

0.12

Investor Care

Dividend Yield

4.68%

Dividend/Share (TTM)

5.32

Shares Dilution (1Y)

0.01%

Diluted EPS (TTM)

5.78

Peers (Alternatives to DTE Energy)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
57.8B
16.1B
-12.41% -14.44%
25.65
3.87
18.64% -9.59%
28.9B
9.0B
8.14% 12.27%
21.12
3.22
12.98% 5.90%
28.6B
9.7B
7.61% -1.23%
-28.94
3.06
7.16% 203.93%
22.0B
19.4B
3.64% 6.90%
19.59
1.13
40.44% 28.31%
18.1B
8.9B
9.79% 19.75%
11.38
2.07
10.28% 52.81%
10.5B
5.6B
7.61% 14.83%
14.54
1.94
18.13% 44.12%
10.5B
30.7B
-4.89% 16.94%
3.05
0.36
39.89% 220.90%
MID-CAP
4.3B
2.2B
10.25% 12.41%
15.96
1.91
21.85% 14.34%
3.1B
1.4B
9.96% 7.85%
18.42
2.21
4.59% -11.35%
3.0B
1.7B
15.06% 11.88%
20.24
1.88
18.02% -17.46%
2.1B
589.1M
9.66% 10.88%
36.36
3.6
3.41% 4.67%
SMALL-CAP
1.6B
157.6M
6.47% -11.12%
37.33
10.06
9.67% 12.98%
855.2M
541.5M
2.22% 31.27%
20.91
1.62
20.23% 17.61%
307.9M
43.4M
3.55% -28.11%
63.61
7.09
6.80% 67.32%
99.0M
1.1M
7.65% -45.34%
-3.94
162.11
90.04% 28.53%

Financials for DTE Energy

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue8.6%19,39917,86316,16815,17213,813
Earnings Before Taxes69.8%1,112655755656586
Net Income47.5%1,124762904907876
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets1.5%41,95441,31440,36039,71939,435
  Current Assets5.3%4,3104,0933,6103,3173,494
    Cash Equivalents-23.9%51671502854
  Net PPE1.3%28,09927,73527,26626,94426,157
  Goodwill0%1,9931,9931,9931,9931,993
  Current Liabilities-20.7%5,4666,8955,6806,3463,433
.    Short Term Borrowings22.0%994815244758361
  Long Term Debt11.8%17,44215,60815,62914,53116,924
Shareholder's Equity4.8%8,9868,5748,8638,7058,567
  Retained Earnings11.5%3,7413,3553,6623,4383,317
Accumulated Depreciation2.7%10,45110,17910,34010,1399,977
Shares Outstanding0.0%194194194194194
Minority Interest20.0%6548-
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations-7.9%2,1072,2872,8183,0673,288
Cashflow From Investing-0.9%-3,536.00-3,503.00-3,940.00-3,863.00-3,757.00
Cashflow From Financing166.2%1,424-2,152.00-292.00315-437.00
  Dividend Payments-5.2%713752791817
  Buy Backs-17.9%5567676666

Risks

What is the probability of a big loss on DTE?

23.1%


Probability that DTE Energy stock will be more than 20% underwater in next one year

18.5%


Probability that DTE Energy stock will be more than 30% underwater in next one year.

0%


Probability that DTE Energy stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does DTE drawdown profile look like?

Y-axis is the maximum loss one would have experienced if DTE Energy was unfortunately bought at previous high price.

Returns

Cumulative Returns on DTE

12.1%


10-Year Cumulative Returns

11.3%


7-Year Cumulative Returns

6.7%


5-Year Cumulative Returns

6.4%


3-Year Cumulative Returns

What are the long-term rolling returns for DTE?

FIve years rolling returns for DTE Energy.

Which funds bought or sold DTE recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-23
Toroso Investments, LLC
ADDED
7.09
-9,000
288,000
0.01%
2022-11-23
CLIENT 1ST ADVISORY GROUP, LLC
UNCHANGED
-
-30,000
292,000
0.18%
2022-11-23
Aurora Investment Counsel
SOLD OFF
-100
-465,000
-
-%
2022-11-23
Eagle Bay Advisors LLC
UNCHANGED
-
-197
5,000
-%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
2,032,000
2,032,000
0.02%
2022-11-22
CVA Family Office, LLC
UNCHANGED
-
-1,000
3,000
-%
2022-11-21
FourThought Financial, LLC
UNCHANGED
-
-2,000
27,000
-%
2022-11-21
Integrated Investment Consultants, LLC
SOLD OFF
-100
-259,000
-
-%
2022-11-21
Ninepoint Partners LP
UNCHANGED
-
-76,000
749,000
0.09%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
REDUCED
-1.45
-4,155,000
35,224,000
0.06%

1–10 of 48

Latest Funds Activity

Are funds buying DTE calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own DTE

DTE Energy News

Investing.com UK

Short Volatility Alert: Dte Energy Co By Benzinga.42 hours ago

DTE Fair Value

DTE Energy fair value in different scenarios

The table shows the Fair Value estimates for DTE Energy for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

82.16

-28.59%

115.68

0.54%

168.88

46.78%

243.51

111.64%

318.17

176.53%

Current Inflation

74.88

-34.92%

103.27

-10.25%

146.97

27.73%

209.90

82.43%

271.92

136.33%

Very High Inflation

65.97

-42.66%

88.51

-23.07%

121.74

5.81%

171.56

49.10%

219.67

90.92%

Historical DTE Energy Fair Value Estimates


Recent SEC filings of DTE Energy

View All Filings
Date Filed Form Type Document
Nov 10, 2022
8-K
Current Report
Nov 03, 2022
8-K
Current Report
Nov 02, 2022
25-NSE
25-NSE
Oct 27, 2022
10-Q
Quarterly Report
Oct 27, 2022
8-K
Current Report
Oct 04, 2022
4
Insider Trading
Oct 04, 2022
4
Insider Trading
Sep 29, 2022
8-K
Current Report
Sep 13, 2022
8-K
Current Report
Aug 29, 2022
8-K
Current Report

Latest Insider Trading transactions for DTE

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-08-22
Chavez JoAnn
SOLD
-135,620
135.62
-1,000
Sr VP & Chief Legal Officer
2022-08-02
Harris Joi M.
SOLD
-234,234
130.13
-1,800
Pres. & COO - DTE Gas Company
2022-08-02
Richard Robert A.
SOLD
-377,899
130.31
-2,900
Executive Vice President
2022-06-23
Norcia Gerardo
SOLD (Taxes)
-217,749
120.37
-1,809
Chairman, President & CEO
2022-05-27
Muschong Lisa A.
SOLD
-80,568
134.28
-600
VP, Corp Sec & Chief of Staff
2022-05-24
Chavez JoAnn
GIFTED
-
-
-349
Sr VP & Chief Legal Officer
2022-05-23
Chavez JoAnn
SOLD
-252,541
130.31
-1,938
Sr VP & Chief Legal Officer
2022-03-04
Myrick Tracy J
SOLD
-74,994
124.99
-600
Chief Accounting Officer
2022-03-04
Muschong Lisa A.
SOLD
-204,576
127.86
-1,600
VP, Corp Sec & Chief of Staff
2022-03-02
Harris Joi M.
SOLD
-199,600
120.97
-1,650
Pres. & COO - DTE Gas Company

1–10 of 50

Gerardo Norcia
10300
DTE Energy Company engages in the utility operations. The company's Electric segment generates, purchases, distributes, and sells electricity to approximately 2.3 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 698 distribution substations and 449,800 line transformers. The company's Gas segment purchases, stores, transports, distributes, and sells natural gas to approximately 1.3 million residential, commercial, and industrial customers throughout Michigan; and sells storage and transportation capacity. This segment has approximately 20,000 miles of distribution mains; 1,304,000 service pipelines; and 1,305,000 active meters, as well as owns approximately 2,000 miles of transmission pipelines. The company's Power and Industrial Projects segment offers metallurgical coke; pulverized coal and petroleum coke to the steel, pulp and paper, and other industries; and power, steam and chilled water production, and wastewater treatment services, as well as supplies compressed air to industrial customers. Its Energy Trading segment engages in power, natural gas, and environmental marketing and trading; structured transactions; and the optimization of contracted natural gas pipeline transportation and storage positions. The company was founded in 1903 and is headquartered in Detroit, Michigan.

DTE Income Statement

2022-09-30
Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Operating Revenues    
Utility operations$ 2,053$ 1,875$ 6,196$ 5,483
Non-utility operations3,1981,8408,5564,834
Operating Revenues5,2513,71514,75210,317
Operating Expenses    
Fuel, purchased power, and gas — utility5944771,9011,411
Fuel, purchased power, gas, and other — non-utility3,0231,7668,3244,708
Operation and maintenance6086151,8031,750
Depreciation and amortization3693441,0931,010
Taxes other than income111106349329
Asset (gains) losses and impairments, net12(4)29
Operating Expenses4,7063,31013,4669,237
Operating Income5454051,2861,080
Other (Income) and Deductions    
Interest expense171156486477
Interest income(10)(6)(26)(16)
Non-operating retirement benefits, net(5)3(13)10
Loss on extinguishment of debt03760384
Other income(16)(90)(35)(187)
Other expenses12305650
Other (Income) and Deductions152469468718
Income (Loss) Before Income Taxes393(64)818362
Income Tax Expense (Benefit) (Note 2)6(119)0(124)
Net Income from Continuing Operations38755818486
Income (Loss) from Discontinued Operations, Net of Taxes (Note 4)0(33)0112
Net Income38722818598
Less: Net Income (Loss) Attributable to Noncontrolling Interests    
Continuing operations0(3)0(9)
Discontinued operations0006
Net Income Attributable to DTE Energy Company/DTE Electric Company$ 387$ 25$ 818$ 601
Basic Earnings per Common Share    
Continuing operations (in dollars per share)$ 2.00$ 0.30$ 4.22$ 2.55
Discontinued operations (in dollars per share)0(0.17)00.55
Basic Earnings per Common Share (in dollars per share)2.000.134.223.10
Diluted Earnings per Common Share    
Continuing operations (in dollars per share)1.990.304.212.55
Discontinued operations (in dollars per share)0(0.17)00.55
Diluted Earnings per Common Share (in dollars per share)$ 1.99$ 0.13$ 4.21$ 3.10
Weighted Average Common Shares Outstanding    
Basic (in shares)193193193193
Diluted (in shares)194194194194

DTE Balance Sheet

2022-09-30
Consolidated Statements of Financial Position (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Current Assets  
Cash and cash equivalents$ 26$ 28
Restricted cash257
Accounts receivable (less allowance for doubtful accounts of $95 and $92, respectively)  
Customer1,7811,695
Other199135
Inventories  
Fuel and gas540368
Materials, supplies, and other508490
Derivative assets395181
Regulatory assets511195
Other325218
Total Current Assets4,3103,317
Investments  
Nuclear decommissioning trust funds1,7642,071
Investments in equity method investees169187
Other157194
Total Investments2,0902,452
Property  
Property, plant, and equipment38,55037,083
Accumulated depreciation and amortization(10,451)(10,139)
Total Property28,09926,944
Other Assets  
Goodwill1,9931,993
Regulatory assets3,5833,482
Securitized regulatory assets2140
Intangible assets170177
Notes receivable316310
Derivative assets12390
Prepaid postretirement costs738678
Operating lease right-of-use assets9197
Other227179
Total Other Assets7,4557,006
Total Assets41,95439,719
Current Liabilities  
Accounts payable1,6191,414
Accrued interest157140
Dividends payable171171
Short-term borrowings994758
Current portion long-term debt, including securitization bonds and finance leases1,4252,874
Derivative liabilities498238
Regulatory liabilities54156
Operating lease liabilities1314
Other535581
Total Current Liabilities5,4666,346
Long-Term Debt (net of current portion)  
Mortgage bonds, notes, and other16,35413,629
Securitization bonds1920
Junior subordinated debentures883883
Finance lease liabilities1319
Total Long-Term Debt (net of current portion)17,44214,531
Other Liabilities  
Deferred income taxes2,3132,163
Regulatory liabilities2,7313,106
Asset retirement obligations3,4253,162
Unamortized investment tax credit183158
Derivative liabilities256192
Accrued pension liability268339
Accrued postretirement liability350358
Nuclear decommissioning272321
Operating lease liabilities6974
Other193256
Total Other Liabilities10,06010,129
Commitments and Contingencies (Notes 6 and 13)
Equity  
Common stock (No par value, 400,000,000 shares authorized, and 193,741,991 and 193,747,509 shares issued and outstanding at September 30, 2022 and December 31, 2021, respectively)5,3375,379
Retained earnings3,7413,438
Accumulated other comprehensive loss(98)(112)
Total DTE Energy/DTE Electric Company Equity8,9808,705
Noncontrolling interests68
Total Equity8,9868,713
Total Liabilities and Equity$ 41,954$ 39,719