DTE Energy Company 2021 Series (DTG)
DTE Energy Company 2021 Series operates in the Regulated Electric industry of the Utilities sector, headquartered in Detroit, MI, US. The stock last traded at $16.44, down 0.60% on the session, giving a market capitalisation of $3.42B. On trailing twelve-month figures it carries a trailing P/E of 21.66, a net margin of 8.1%. Its beta of 0.48 implies it has historically moved less than the broad market.
DTE Energy Co. functions as a diversified energy enterprise, specializing in the development and management of various energy-related businesses and services. The company's operations are divided into several key divisions: The Electric segment is responsible for generating, purchasing, distributing, and selling electricity to residential, commercial, and industrial customers throughout southeastern Michigan. The Gas segment procures, stores, transports, distributes, and sells natural gas to residential, commercial, and industrial clients across Michigan, in addition to offering storage and transportation capacity. DTE Vantage concentrates on projects that deliver energy and utility-style products and services to industrial, commercial, and institutional entities, manufactures reduced emissions fuel, and sells electricity and pipeline-quality gas generated from renewable sources. The Energy Trading segment manages the company's energy marketing and trading activities. Finally, the Corporate and Other segment includes holding company functions, oversees certain non-utility debt and investments, and provides funding for regional development and economic expansion initiatives. The company was founded in January 1995 and its headquarters are located in Detroit, Michigan.
DTE Energy Company 2021 Series is most often compared with the following Utilities names: