DTE Energy Co

More Details of DTE Energy Co Company

DTE Energy Company is a diversified energy company, which is involved in the development and management of energy-related businesses and services nationwide. The Company’s segments include Electric, Gas, DTE Vantage, Energy Trading, and Corporate and Other. Electric segment consists principally of DTE Electric, which is engaged in the generation, purchase, distribution, and sale of electricity to residential, commercial, and industrial customers in southeastern Michigan. Gas segment consists principally of DTE Gas, which is engaged in the purchase, storage, transportation, distribution, and sale of natural gas to residential, commercial, and industrial customers throughout Michigan. DTE Vantage segment is comprised primarily of renewable energy projects that sell electricity and pipeline-gas and projects that deliver custom energy solutions to industrial, commercial, and institutional customers. Energy Trading segment consists of energy marketing and trading operations.

Company Info

Company codeDTE

Company nameDTE Energy Co

IPO dateNov 16, 1949

Founded at1995

CEOMr. Gerardo (Jerry) Norcia

Number of employees9500

Security typeOrdinary Share

Fiscal year-endNov 16

AddressOne Energy Plaza

CityDETROIT

Stock exchangeXetra

CountryUnited States of America

Postal code48226

Phone13132354000

Websitehttps://ir.dteenergy.com/

Company codeDTE

IPO dateNov 16, 1949

Founded at1995

Company Executives

Name

Name/Position

Position

Shareholding

Change

Mr. Gerardo (Jerry) Norcia

Chairman of the Board, Chief Executive Officer

408.76K

+8.81%

Mr. David Ruud

Chief Financial Officer, Executive Vice President

89.43K

+11.98%

Mr. Trevor Francis Lauer

Group President, Vice Chairman of the Board

73.49K

+16.80%

Ms. Joi M. Harris

President, Chief Operating Officer

30.29K

+27.90%

Ms. Joann Chavez

Senior Vice President and Chief Legal Officer

14.64K

+2.81%

Mr. Matthew T. (Matt) Paul

President and Chief Operating Officer of DTE Electric Company

8.53K

+19.65%

Ms. Valerie M. Williams, CPA

Independent Director

5.59K

--

Mr. David A. Brandon

Independent Director

5.59K

--

Ms. Tracy J. Myrick

Chief Accounting Officer

3.48K

-0.74%

Dr. David A. Thomas, Ph.D.

Independent Director

2.07K

--

Name

Name/Position

Position

Shareholding

Change

Mr. Gerardo (Jerry) Norcia

Chairman of the Board, Chief Executive Officer

408.76K

+8.81%

Mr. David Ruud

Chief Financial Officer, Executive Vice President

89.43K

+11.98%

Mr. Trevor Francis Lauer

Group President, Vice Chairman of the Board

73.49K

+16.80%

Ms. Joi M. Harris

President, Chief Operating Officer

30.29K

+27.90%

Ms. Joann Chavez

Senior Vice President and Chief Legal Officer

14.64K

+2.81%

Mr. Matthew T. (Matt) Paul

President and Chief Operating Officer of DTE Electric Company

8.53K

+19.65%

Revenue Breakdown

Currency: USDUpdate time: Sun, Apr 6

FY2024

FY2024Q4

FY2024Q3

FY2024Q2

FY2024Q1

FY2023

FY2023Q4

FY2023Q3

FY2023Q2

FY2023Q1

FY2022

FY2022Q4

FY2022Q3

FY2022Q2

FY2022Q1

FY2021

FY2020

FY2019

FY2018

By BusinessUSD

Name

Revenue

Proportion

Residential

3.04B

24.44%

Commercial

2.26B

18.17%

Gas sales

1.31B

10.49%

Industrial

715.00M

5.74%

Electric - Other

270.00M

2.17%

Other

4.86B

38.99%

No Data

By Business

By Region

By BusinessUSD

Name

Revenue

Proportion

Residential

3.04B

24.44%

Commercial

2.26B

18.17%

Gas sales

1.31B

10.49%

Industrial

715.00M

5.74%

Electric - Other

270.00M

2.17%

Other

4.86B

38.99%

Shareholder

Update time: Sun, Feb 2

Shareholder Statistics

Type

Shareholder Statistics

Shareholder

Proportion

The Vanguard Group, Inc.

12.14%

Capital Research Global Investors

9.09%

BlackRock Institutional Trust Company, N.A.

6.35%

State Street Global Advisors (US)

4.90%

Capital World Investors

3.29%

Other

64.23%

Shareholder Statistics

Shareholder

Proportion

The Vanguard Group, Inc.

12.14%

Capital Research Global Investors

9.09%

BlackRock Institutional Trust Company, N.A.

6.35%

State Street Global Advisors (US)

4.90%

Capital World Investors

3.29%

Other

64.23%

Type

Shareholder

Proportion

Investment Advisor/Hedge Fund

36.48%

Investment Advisor

33.48%

Hedge Fund

3.04%

Pension Fund

2.09%

Research Firm

1.89%

Bank and Trust

1.10%

Individual Investor

0.36%

Sovereign Wealth Fund

0.10%

Foundation

0.06%

Other

21.41%

Institutional Shareholding

Update time: Mon, Jan 20

Reporting Period

No. of institutions

Shares Held

Proportion

Change

2025Q1

1511

163.01M

78.55%

-2.27M

2024Q4

1562

162.72M

78.52%

-2.89M

2024Q3

1521

161.37M

77.92%

-4.71M

2024Q2

1513

162.25M

78.38%

-4.82M

2024Q1

1510

161.79M

78.19%

-2.02M

2023Q4

1502

160.07M

77.62%

-1.98M

2023Q3

1481

159.52M

77.36%

-2.37M

2023Q2

1476

159.60M

77.44%

-2.82M

2023Q1

1490

160.70M

78.00%

+576.70K

2022Q4

1490

155.88M

80.43%

+3.83M

Shareholder Activity

Name

Shares Held

Proportion

Change

Chg %

Date

The Vanguard Group, Inc.

25.20M

12.14%

+882.68K

+3.63%

Dec 31, 2024

Capital Research Global Investors

18.87M

9.09%

-1.32M

-6.54%

Dec 31, 2024

BlackRock Institutional Trust Company, N.A.

13.17M

6.35%

-142.73K

-1.07%

Dec 31, 2024

State Street Global Advisors (US)

10.16M

4.9%

-34.51K

-0.34%

Dec 31, 2024

Capital World Investors

6.82M

3.29%

+3.77M

+123.20%

Dec 31, 2024

Columbia Threadneedle Investments (US)

5.19M

2.5%

-373.37K

-6.71%

Dec 31, 2024

Geode Capital Management, L.L.C.

4.92M

2.37%

+115.27K

+2.40%

Dec 31, 2024

Boston Partners

2.90M

1.4%

+582.64K

+25.14%

Dec 31, 2024

Janus Henderson Investors

2.73M

1.32%

+12.55K

+0.46%

Dec 31, 2024

Invesco Capital Management LLC

2.11M

1.02%

+815.45K

+63.11%

Dec 31, 2024

Related ETFs

Update time: Sun, Apr 6

Name

Proportion

Invesco Dorsey Wright Utilities Momentum ETF

3.99%

First Trust EIP Carbon Impact ETF

3.8%

Invesco S&P 500® Equal Weight Utilities ETF

3.55%

First Trust Utilities Alphadex

3.47%

Proshares Ultra Utilities

2.59%

Utilities Select Sector SPDR Fund

2.29%

Fidelity MSCI Utilities Index ETF

2.09%

iShares U.S. Utilities ETF

1.93%

First Trust North American Energy Infrastructure Fund

1.93%

Invesco Zacks Mid-Cap ETF

1.72%

Invesco Dorsey Wright Utilities Momentum ETF

Proportion3.99%

First Trust EIP Carbon Impact ETF

Proportion3.8%

Invesco S&P 500® Equal Weight Utilities ETF

Proportion3.55%

First Trust Utilities Alphadex

Proportion3.47%

Proshares Ultra Utilities

Proportion2.59%

Utilities Select Sector SPDR Fund

Proportion2.29%

Fidelity MSCI Utilities Index ETF

Proportion2.09%

iShares U.S. Utilities ETF

Proportion1.93%

First Trust North American Energy Infrastructure Fund

Proportion1.93%

Invesco Zacks Mid-Cap ETF

Proportion1.72%

Dividend

A total of 3.80B USD has been distributed in dividends over the past 5 years.

Date

Dividend

Record Date

Payment Date

Ex-dividend Date

Feb 06, 2025

DTE.NB Interim Cash Dividend of gross USD 1.09 paid on Apr 15, 2025 going ex on Mar 17, 2025

Mar 17, 2025

Apr 15, 2025

Mar 17, 2025

Dec 03, 2024

DTE.NB Final Cash Dividend of gross USD 1.09 paid on Jan 15, 2025 going ex on Dec 16, 2024

Dec 16, 2024

Jan 15, 2025

Dec 16, 2024

Jun 20, 2024

DTE.NB Interim Cash Dividend of gross USD 1.02 paid on Oct 15, 2024 going ex on Sep 16, 2024

Sep 16, 2024

Oct 15, 2024

Sep 16, 2024

May 02, 2024

DTE.NB Interim Cash Dividend of gross USD 1.02 paid on Jul 15, 2024 going ex on Jun 17, 2024

Jun 17, 2024

Jul 15, 2024

Jun 17, 2024

Feb 01, 2024

DTE.NB Interim Cash Dividend of gross USD 1.02 paid on Apr 15, 2024 going ex on Mar 15, 2024

Mar 18, 2024

Apr 15, 2024

Mar 15, 2024

Dec 08, 2023

DTE.NB Final Cash Dividend of gross USD 1.02 paid on Jan 15, 2024 going ex on Dec 15, 2023

Dec 18, 2023

Jan 15, 2024

Dec 15, 2023

Jun 22, 2023

DTE.NB Interim Cash Dividend of gross USD 0.9525 paid on Oct 15, 2023 going ex on Sep 15, 2023

Sep 18, 2023

Oct 15, 2023

Sep 15, 2023

May 04, 2023

DTE.NB Interim Cash Dividend of gross USD 0.9525 paid on Jul 15, 2023 going ex on Jun 15, 2023

Jun 19, 2023

Jul 15, 2023

Jun 15, 2023

Feb 03, 2023

DTE.NB Interim Cash Dividend of gross USD 0.9525 paid on Apr 15, 2023 going ex on Mar 17, 2023

Mar 20, 2023

Apr 15, 2023

Mar 17, 2023

Nov 10, 2022

DTE.NB Final Cash Dividend of gross USD 0.9525 paid on Jan 15, 2023 going ex on Dec 16, 2022

Dec 19, 2022

Jan 15, 2023

Dec 16, 2022

Stock Split

Date

Type

Ratio

No Data

Date

Type

Ratio

No Data

135.135USD

DTE Energy Co

135.135

Overview

Company