DTE Energy Company 2020 Series (DTB)
DTE Energy Company 2020 Series operates in the Regulated Electric industry of the Utilities sector, headquartered in Detroit, MI, US. The stock last traded at $15.34, up 0.00% on the session, giving a market capitalisation of $3.19B. On trailing twelve-month figures it carries a trailing P/E of 19.06, a net margin of 8.1%. Its beta of 0.50 implies it has historically moved less than the broad market.
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.
DTE Energy Company 2020 Series is most often compared with the following Utilities names: