|Bid||110.17 x 800|
|Ask||110.23 x 800|
|Day's range||109.27 - 111.66|
|52-week range||71.21 - 135.67|
|Beta (5Y monthly)||0.61|
|PE ratio (TTM)||18.67|
|Earnings date||22-Oct-2019 - 28-Oct-2019|
|Forward dividend & yield||4.05 (3.68%)|
|1y target est||125.57|
DTE vs. AEE: Which Stock Is the Better Value Option?
DTE Energy today took another major step in building a cleaner energy future for Michigan. Last September, the company announced a goal to achieve net zero carbon emissions by 2050 in its electric company. Today it expanded its net zero goal to include DTE Gas.
Detroit, June 18, 2020 -- DETROIT, June 18, 2020 (NYSE: DTE) — The DTE Energy Board of Directors declared a $1.0125 per share dividend on its common stock payable Oct. 15, 2020.
DETROIT, May 22, 2020 – DTE today said it will invest $7.5 million dollars to support environmental and sustainable improvements in Wayne County, Mi. The investment is a key part of an agreement reached with the Environmental Protection Agency (EPA) and the Sierra Club that resolves an ongoing dispute over how the EPA’s new source review (NSR) rules would apply to new emission control investments for coal plant operations. The agreement enables DTE Electric to continue its progress toward net zero carbon emissions by 2050.
DTE Energy has launched “Caring in the Crisis,” an awareness effort aiming to make sure Detroit-area residents who need help know how to get it during the COVID-19 pandemic. The effort includes a series of public service announcements and digital messages encouraging DTE customers to contact the company to explore payment assistance and financial help options if they are experiencing a hardship due to COVID-19. It will culminate with a May 22 “Day of Caring” radio event on Detroit stations WJLB, WDMK and WDMK HD2.
Following a ten-month regulatory review process, the Michigan Public Service Commission (MPSC) approved new electric rates for DTE Energy customers. The new funding includes investments that will help DTE improve electric reliability, support Michigan jobs, reduce carbon emissions and provide needed upgrades at the Ludington Pumped Storage Power Plant.
Detroit, May 07, 2020 -- DETROIT, May 7, 2020 (NYSE: DTE) — The DTE Energy Board of Directors declared a $1.0125 per share dividend on its common stock payable July 15, 2020 to.
DTE Energy today announced that it is passing along between $30 to $40 million in bill relief to its electric utility customers for the months of June and July. “We know that many Michiganders are experiencing hardships due to the COVID-19 pandemic,” said Trevor Lauer, president of the electric company at DTE Energy. This $30 to $40 million bill relief initiative will complement DTE’s recently announced Personalized Service Protection program to help customers experiencing financial hardships due to COVID-19.
Providing assistance to low-income and vulnerable customersEnacted pandemic incident command plan to ensure reliable energy deliveryRanked among top 10 energy companies.
A coalition of Detroit’s leading businesses and philanthropic organizations today announced a plan to place a computer tablet with high-speed LTE internet connectivity, along with technical support, into the hands of every Detroit Public Schools Community District (DPSCD) K-12 student before the end of the school year. The program, called Connected Futures, is the first step in addressing digital inequity within the City of Detroit – an issue that has been exacerbated as students have been forced to learn from home as a result of the COVID-19 crisis.
DTE Energy today launched a new Personalized Service Protection program to help customers experiencing financial hardship due to COVID-19. “We want our customers to know that we are here for them,” said Jerry Norcia, president and CEO, DTE Energy. Residential customers concerned they may not be able to pay their energy bills due to income reductions or health impacts from COVID-19 are encouraged to call DTE at 800.477.4747 to discuss their situation with a representative, who can help set up a Personalized Service Protection plan for them.
Detroit, April 14, 2020 -- DETROIT, Apr. 14, 2020 – DTE Energy (NYSE: DTE) will announce its first quarter 2020 earnings before the market opens Tuesday, Apr. 28, 2020. The.
DETROIT, Apr. 11, 2020 – DTE Energy is preparing for severe weather that is forecast for Southeast Michigan on Monday, potentially causing a significant number of power outages. Its operating units include an electric company serving 2.2 million customers in Southeast Michigan and a natural gas company serving 1.3 million customers in Michigan.
Today’s hospital shipment is one component of the DTE Foundation’s expansive coronavirus relief campaign. “We’re just getting started,” DTE Energy President and CEO Jerry Norcia declares. DETROIT, April 08, 2020 (GLOBE NEWSWIRE) -- The DTE Energy Foundation today delivered 100,000 KN95 respiratory masks to hospitals in southeast Michigan, the latest donation in an unprecedented campaign to protect Michiganders from the ravages of COVID-19.
DETROIT, Apr. 6, 2020 — DTE Energy, Michigan's largest energy company, is making its business customers aware of programs that can provide financial lifelines, as well as offering guidance on reducing their energy bills during the coronavirus pandemic. One form of assistance promoted by DTE is forgivable loans offered by the Paycheck Protection Program (PPP), administered by the Small Business Administration.
The DTE Energy Foundation, the philanthropic arm of DTE Energy, today announced that it will match all donations to the Michigan Association of United Ways and Michigan Community Action now through Thursday, April 16. Donations can be allocated to particular United Way chapters and community action agencies to address emergency needs of a particular community.
DETROIT, March 24, 2020 – DTE Energy (DTE) today announced the appointment of David Ruud as Senior Vice President and Chief Financial Officer, effective May 4. Ruud, who currently serves as Senior Vice President, Corporate Strategy & Development at DTE, will succeed Peter Oleksiak, who will be retiring from his role as Chief Financial Officer. Oleksiak will remain with DTE through the end of the year as a special advisor to DTE President and Chief Executive Officer Jerry Norcia, and will work closely with Ruud to ensure a seamless transition.
DTE Energy (DTE) today announced, effective immediately, it is safely winding down and voluntarily suspending for the time being all non-critical infrastructure and maintenance work as an additional measure to prioritize the health of its employees, customers and communities during the coronavirus outbreak. This move to keep employees home — in instances other than emergency response to customers — helps to ensure they do not add to the growing spread of the virus and further stress the health care system, equipment and services across the state.
In support of Gov. Gretchen Whitmer’s emergency declaration and to safeguard the health and safety of DTE Energy employees, customers and communities, DTE Energy has activated company-wide plans to address the implications of a coronavirus outbreak in Michigan while ensuring reliable energy service. “We care deeply about the communities in which we live and serve — our top priority is the health and safety of our employees and customers,” said Jerry Norcia, president and chief executive officer.
DTE Energy’s customers from Michigan’s Thumb to Monroe, Detroit to Ann Arbor, experienced improved reliability in 2019 after the company completed infrastructure upgrade projects across the 7,600 square miles in its Southeast Michigan territory. In most areas where trees were trimmed, customers had a 65% improvement in reliability. “Since the tree trim program, our reliability has turned around and we have seen significant improvement,” said Paul Sincock, City Manager of Plymouth.
Detroit, Feb. 20, 2020 -- DTE Energy, Michigan’s largest energy company, is the eighth-leading energy company in the nation for energy efficiency savings as announced today by.
DETROIT, Feb. 19, 2020 – DTE Energy Services, a non-utility business of DTE Energy (DTE), today announced it completed the $100 million purchase of the Marina Thermal Facility from SJI, an energy services holding company based in Folsom, New Jersey. Located in Atlantic City, the Marina Thermal Facility is an eight-megawatt combined heat and power generation facility that provides electricity and hot and chilled water to MGM’s Borgata Hotel Casino & Spa and The Water Club. “DTE Energy Services has been providing reliable energy services to our customers that allow for greater business focus and ensure the safety of our employees, customers and the communities we’ve served for the past 25 years,” said Mark Stiers, president and chief operating officer, DTE Power & Industrial.