Company Profile
Updated: 28-DEC-09DTE Energy Co.
Public Company, Headquarters Location
1 Energy Plz., Detroit, MI 48226-1221, United States
(313)235-4000, http://www.dteenergy.com
Primary SIC: Electric Services, Primary NAICS: Electric Power Distribution
Description: In 1995, DTE Energy incorporated in Michigan. Its utility operations consist primarily of Detroit Edison and MichCon. The company also has four non-utility segments engaged in a variety of energy-related businesses. Detroit Edison is a Michigan corporation organized in 1903 and is a public utility subject to regulation by the MPSC and the FERC. Detroit Edison is engaged in the generation, purchase, distribution and sale of electricity to customers in southeastern Michigan. MichCon is a Michigan corporation organized in 1898 and is a public utility subject to regulation by the MPSC. MichCon is engaged in the purchase, storage, transmission, distribution and sale of natural gas to customers throughout Michigan. DTE Energy's four non-utility segments are gas midstream, unconventional gas production, power and industrial projects, and energy trading. Gas midstream primarily consists of natural gas pipelines and storage. Unconventional gas production primarily consists of unconventional gas exploration, development and production. Power and industrial projects primarily consists of on-site energy services, steel-related projects, power generation and coal transportation and marketing. Energy trading primarily consists of energy marketing and trading operations.Utilities: Electric services. Finance: Holding company.
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Auto sector lifts earnings; Auto supply stocks post 3Q net income of $386M.(NEWS)(Industry overview)
Crain's Detroit Business; 12/21/2009; 1391 words; ...the performance of Ford Motor Co., which went from a net loss...Hills office of Loomis Sayles & Co. L.P. Sowerby tracks 71...to ease out of recession. DTE Energy Corp., ITC Holdings Corp. and CMS Energy Corp. combined for net income...
Recent News Articles
- DTE tries to expand while cutting costs; Sales grow dim, unpaid bills rise.(DTE Energy Co. )
Crain's Detroit Business - April 27, 2009 - WINNER; DTE Energy Co.(NEWS)(Brief article)
Crain's Detroit Business - March 30, 2009 - Fitch Affirms DTE Energy Co. & Subsidiaries' Ratings.
Business Wire - March 18, 2009 - WEEK IN REVIEW.(Jennifer Granholm plans for transportation funding)(Anthony Earley Jr resigns from DTE Energy Co)(Penske Corp)
Crain's Detroit Business - February 23, 2009
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