dte energy (nyse: dte) is a detroit-based, diversified energy company involved in the development and management of energy-related businesses and services nationwide. built on a strong utility base, dte energy's largest operating subsidiaries are dte electric and dte gas. together, these regulated utility companies provide electric and/or gas services to more than three million residential, business and industrial customers throughout michigan. dte energy has more than 10,400 employees in utility and non-utility subsidiaries involved in a wide range of energy-related businesses nationwide. the company's growing non-utility businesses are built around the strengths, skills and assets of dte energy's electric and gas utilities.
Company profile
Ticker
DTE, DTW, DTB, DTG
Exchange
Website
CEO
Gerardo Norcia
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
DTE HOLDINGS INC
SEC CIK
Corporate docs
Subsidiaries
DTE Electric Company • DTE Electric Holdings, LLC • DTE Energy • DTE Enterprises, Inc. • DTE Gas Company • DTE Gas Holdings, Inc. ...
IRS number
383217752
DTE stock data
Analyst ratings and price targets
Latest filings (excl ownership)
8-K
Regulation FD Disclosure
9 Aug 23
8-K
Results of Operations and Financial Condition
3 Aug 23
10-Q
2023 Q2
Quarterly report
27 Jul 23
8-K
DTE Energy reports second quarter earnings
27 Jul 23
8-K
Regulation FD Disclosure
12 Jul 23
8-K
Departure of Directors or Certain Officers
28 Jun 23
8-K
Departure of Directors or Certain Officers
26 Jun 23
8-K
Regulation FD Disclosure
26 Jun 23
8-K
Regulation FD Disclosure
6 Jun 23
8-K
Regulation FD Disclosure
19 May 23
Transcripts
DTE
Earnings call transcript
2023 Q2
27 Jul 23
DTE
Earnings call transcript
2023 Q1
27 Apr 23
DTE
Earnings call transcript
2022 Q4
23 Feb 23
DTE
Earnings call transcript
2022 Q3
27 Oct 22
DTE
Earnings call transcript
2022 Q2
28 Jul 22
DTE
Earnings call transcript
2022 Q1
28 Apr 22
DTE
Earnings call transcript
2021 Q4
10 Feb 22
DTE
Earnings call transcript
2021 Q3
27 Oct 21
DTE
Earnings call transcript
2021 Q2
27 Jul 21
DTE
Earnings call transcript
2021 Q1
27 Apr 21
Latest ownership filings
4
JoAnn Chavez
3 Aug 23
144
Notice of proposed sale of securities
2 Aug 23
4
GARY TORGOW
5 Jul 23
4
DAVID BRANDON
5 Jul 23
3
Matthew T. Paul
5 Jul 23
4
Deborah L Byers
23 Jun 23
3
Deborah L Byers
23 Jun 23
11-K
Annual report of employee stock purchases
20 Jun 23
4
Gerardo Norcia
8 Jun 23
4
Lisa A. Muschong
8 Jun 23
Financial summary
| Quarter (USD) | Jun 23 | Mar 23 | Dec 22 | Sep 22 | |
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| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
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| Net income | |||||
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| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 41.00 mm | 41.00 mm | 41.00 mm | 41.00 mm | 41.00 mm | 41.00 mm |
| Cash burn (monthly) | 32.00 mm | 3.42 mm | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 92.24 mm | 9.85 mm | n/a | n/a | n/a | n/a |
| Cash remaining | -51.24 mm | 31.15 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | -1.6 | 9.1 | n/a | n/a | n/a | n/a |
Institutional ownership, Q2 2023
74.7% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 700 |
| Opened positions | 66 |
| Closed positions | 74 |
| Increased positions | 264 |
| Reduced positions | 221 |
| 13F shares | Current |
|---|---|
| Total value | 16.95 tn |
| Total shares | 153.99 mm |
| Total puts | 213.50 k |
| Total calls | 65.90 k |
| Total put/call ratio | 3.2 |
| Largest owners | Shares | Value |
|---|---|---|
| Vanguard | 25.95 mm | $2.85 tn |
| BLK Blackrock | 19.18 mm | $2.11 tn |
| Capital Research Global Investors | 17.44 mm | $1.92 tn |
| STT State Street | 10.28 mm | $1.14 tn |
| AMP Ameriprise Financial | 4.41 mm | $484.89 bn |
| Geode Capital Management | 4.34 mm | $476.17 bn |
| T. Rowe Price Investment Management | 4.18 mm | $459.82 bn |
| Neuberger Berman | 3.91 mm | $430.41 bn |
| Pictet Asset Management | 2.99 mm | $329.16 bn |
| Capital World Investors | 2.39 mm | $262.74 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 2 Aug 23 | Chavez JoAnn | Common Stock | Sell | Dispose S | No | No | 113.53 | 2,500 | 283.83 k | 12,107 |
| 22 Jun 23 | Deborah L Byers | Common Stock | Grant | Acquire A | No | No | 0 | 1,000 | 0.00 | 1,000 |
| 7 Jun 23 | Lisa A. Muschong | Common Stock | Sell | Dispose S | No | No | 110.41 | 700 | 77.29 k | 5,455 |
| 7 Jun 23 | Gerardo Norcia | Common Stock | Gift | Dispose G | No | No | 0 | 554 | 0.00 | 318,959 |
News
The Latest Analyst Ratings for DTE Energy
21 Sep 23
Morgan Stanley Maintains Overweight on DTE Energy, Raises Price Target to $118
21 Sep 23
Stocks That Hit 52-Week Lows On Tuesday
5 Sep 23
Benzinga's Top Ratings Upgrades, Downgrades For August 23, 2023
23 Aug 23
Where DTE Energy Stands With Analysts
23 Aug 23
Press releases
DTE Energy reports second quarter earnings
27 Jul 23
Michigan Public Service Commission approves DTE's landmark clean energy plan
26 Jul 23
DTE Energy schedules second quarter 2023 earnings release, conference call
14 Jul 23
DTE Energy and Michigan stakeholders reach historic clean energy settlement agreement
12 Jul 23
DTE Energy names Joi Harris president and chief operations officer
29 Jun 23