|Bid||128.74 x 900|
|Ask||128.79 x 1000|
|Day's Range||127.51 - 128.98|
|52 Week Range||104.81 - 132.09|
|Beta (3Y Monthly)||0.32|
|PE Ratio (TTM)||20.21|
|Earnings Date||Jul 24, 2019|
|Forward Dividend & Yield||3.78 (2.94%)|
|1y Target Est||129.88|
Moody's Investors Service ("Moody's") downgraded the ratings of DTE Gas Company (DTE Gas) including its senior unsecured rating to A3 from A2, senior secured rating to A1 from Aa3 and short-term rating for commercial paper to Prime-2 from Prime-1. "The downgrade reflects our expectation that these lower financial metrics will continue on a sustained basis," added Chung.
DTE Energy (DTE) announces the execution of a binding letter agreement with WGL Midstream to acquire 30% of Stonewall Gas Gathering for $275.3 million during the quarter.
It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
DETROIT, July 18, 2019 /PRNewswire/ -- DTE Energy, Michigan's leading producer of renewable energy, today announced that the Michigan Public Service Commission (MPSC) has provided conditional* approval for its proposed purchase of three new Michigan wind parks, increasing the company's renewable energy portfolio nearly 50% and furthering DTE's commitment to providing clean, affordable and reliable power to its customers. The new wind parks will add 455 MW of renewable energy to DTE's generation mix, enough to power 107,000 homes. The company will use at least two of the new wind projects to meet the renewable energy needs of its largest commercial and industrial customers, including Ford, General Motors and the University of Michigan, who have enrolled in MIGreenPower, DTE's voluntary renewable energy program.
DETROIT, July 18, 2019 /PRNewswire/ -- DTE Energy wants all of its customers to remain safe and comfortable, as well as save on their energy bills, during the next several days of high temperatures in Michigan. DTE performs power plant maintenance and inspections along with energy grid upgrades to help ensure system reliability year-round, including periods of extreme weather and heavy energy use. "Weather is one of the biggest factors impacting energy bills," said Angie Pizzuti, vice president of customer service for DTE.
NextEra Energy's (NEE) unit NextEra Energy Transmission expands transmission operation in California through the acquisition of Trans Bay Cable.
AES Corp. (AES) plans to deploy the Uplight platform in Latin America, as it now works together with Uplight on community solar, e-mobility and advanced C&I offerings.
DTE Energy Co NYSE:DTEView full report here! Summary * Perception of the company's creditworthiness is positive * Bearish sentiment is low * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort interest is extremely low for DTE with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting DTE. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold DTE had net inflows of $10.30 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS MarkitThere is no PMI sector data available for this security. Credit worthinessCredit default swap | PositiveThe current level displays a positive indicator. DTE credit default swap spreads are near the lowest level of the last one year and indicate improvement in the market's perception of the company's credit worthiness.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
DETROIT , July 10, 2019 /PRNewswire/ -- DTE Energy (NYSE: DTE) will announce its second quarter 2019 earnings before the market opens Wednesday, July 24, 2019 . The company will conduct a conference call ...
DETROIT, July 9, 2019 /PRNewswire/ -- DTE has partnered with the Michigan Department of Corrections to develop and launch a unique program to train returning citizens for careers in tree trimming, helping to fill open, in-demand positions. "I've learned from my peers – both in Michigan and in other states – that returning citizens who are looking for a second chance in life can be among your very best and most loyal employees. A criminal record shouldn't be a life sentence of unemployment," said Gerry Anderson, DTE executive chairman.
Avista (AVA), which is on track with long-term investment target, reaches partial settlement in natural gas general rate case filing.
DETROIT, July 1, 2019 /PRNewswire/ -- DTE Energy today announced that Frank Warren, senior vice president of Fossil Generation, will retire from the company at the end of July. Benjamin F. Felton will join DTE on July 8 and take on the role of senior vice president, Fossil Generation. Felton has an extensive career in the electric industry, most recently as senior vice president of Electric Operations for NIPSCO where he led generation, transmission, distribution, fleet and warehouse operations.
Public Service Enterprise's (PEG) stakes in the Keystone and Conemaugh facilities represent 776 MWs of power generation, which are likely to get divested by the second half of 2019.
DETROIT, June 25, 2019 /PRNewswire/ -- DTE has been named one of the most community-minded companies in the United States as an honoree of The Civic 50 by Points of Light, the world's largest organization dedicated to volunteer service. DTE Energy was the only Michigan company to be awarded this prestigious honor and was also acknowledged as the leading energy company nationally. The announcement was made at Service Unites 2019, Points of Light's annual conference on Monday, June 17 in St. Paul, Minn., where leaders from across the country gathered to discuss social innovation, civic engagement and cross-sector collaboration.