AllAnalyst Report
logoArgusMay 13, 2021

DTE Energy Company: Solid first quarter; boosting target to $148

Symbols
DTE
Sector(s)
Utilities
Rating
Current Price
$132.50
Price Target
$NaN
Earnings Estimate
Summary

DTE Energy is a Detroit-based diversified energy company involved in the development and management of energy-related businesses and services nationwide. Its operating units include Detroit Edison, an electric utility serving 2.2 million customers in Southeastern Michigan; MichCon, a natural gas utility serving 1.3 million customers in Michigan; and other nonutility energy businesses focused on power and industrial projects, fuel transportation, and marketing. In October 2020, DTE announced plans to spin off its midstream operations.

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