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Tuesday, July 14, 2009, 8:58PM ET - U.S. Markets Closed. Dow Up 0.33% Nasdaq Up 0.36%
DTE Energy Co. (DTE)At 4:05PM ET: 31.85  Up 0.36 (1.14%)  
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DTE Energy Co.
DTE Energy
One Energy Plaza
Detroit, MI 48226
United States - Map
Phone: 313-235-8030
Web Site: http://www.dteenergy.com

DETAILS 
Index Membership:S&P 500
S&P 1500 Super Comp
Sector:Utilities
Industry:Electric Utilities
Full Time Employees:10,471

BUSINESS SUMMARY 
DTE Energy Company engages in the electric and natural gas utility businesses in Michigan. It operates in three segments: Electric Utility, Gas Utility, and Non-Utility Operations. The Electric Utility segment engages in the generation, purchase, distribution, and sale of electricity for residential, commercial, industrial, and wholesale customers. It generates electricity from fossil plants, hydroelectric pumped storage plant, and nuclear plants, as well as purchases electricity from electricity generators, suppliers, and wholesalers. The Gas Utility segment engages in the purchase, storage, transmission, distribution, and sale of natural gas for residential, commercial, and industrial customers. It offers gas sales, end user transportation, intermediate transportation, and gas storage services. The Non-Utility Operations segment involves in the gas pipelines and storage; unconventional gas exploration, development, and production; coal transportation and marketing; energy marketing and trading operations; and power and industrial projects that deliver energy and utility-type services, including pulverized coal, petroleum coke and metallurgical coke supply, power generation, steam production, chilled water production, wastewater treatment, and compressed air supply to steel, automotive, industrial, commercial, and institutional customers. As of December 31, 2008, the company owned 30,612 circuit miles of overhead and 14,913 circuit miles of underground electric distribution lines; natural gas distribution system of approximately 19,000 miles of distribution mains, approximately 1,181,000 service lines, and approximately 1,324,000 active meters; approximately 2,000 miles of transmission lines; 4 carbon dioxide processing facilities; and properties relating to 4 underground natural gas storage fields with an aggregate working gas storage capacity of approximately 132 Bcf. DTE Energy Company was founded in 1995 and is headquartered in Detroit, Michigan.
Key Statistics

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    CORPORATE GOVERNANCE 
    DTE Energy Co.'s Corporate Governance Quotient (CGQ®) as of 1-Jul-09 is better than 56.4% of S&P 500 companies and 69.4% of Utilities companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Anthony F. Earley Jr., 59
    Chairman, Chief Exec. Officer and Chairman of Internal Risk Management Committee
    $ 2.69M $ 253.00K
    Mr. Gerard M. Anderson , 50
    Pres, Chief Operating Officer, Group Pres of Energy Resources
    $ 1.57M $ 0
    Mr. David E. Meador , 51
    Chief Financial Officer and Exec. VP
    $ 1.00M $ 0
    Mr. Jerry Norcia , 46
    Group Pres, Pres of Michigan Consolidated Gas Company and Chief Operating Officer of Michigan Consolidated Gas Company
    $ 592.00K $ 0
    Mr. Bruce D. Peterson , 52
    Sr. VP and Gen. Counsel
    $ 714.00K $ 0
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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