DTE Energy DTE
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Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
DTE Energy (DTE) Business Model and Operations Summary
DTE Energy owns two regulated utilities in Michigan that contribute 90% of earnings. DTE Electric serves approximately 2.3 million customers in southeastern Michigan, including Detroit. DTE Gas serves 1.3 million customers throughout the state. In addition, DTE has nonutility businesses and investments including energy marketing and trading, renewable natural gas facilities, and on-site industrial energy projects.
Key Insights
DTE Energy (DTE) Core Market Data and Business Metrics
Latest Closing Price
$137.92Market Cap
$28.68 BillionPrice-Earnings Ratio
20.37Total Outstanding Shares
207.52 Million SharesTotal Employees
9,500Dividend
$1.09 Per Share QuarterlyIPO Date
November 16, 1949SIC Description
Electric ServicesPrimary Exchange
New York Stock ExchangeHeadquarters
One Energy Plaza, Detroit, MI, 48226
Historical Stock Splits
| Execution Date | Split Amount |
|---|---|
| No Historical Stock Splits | |
Cash Flow Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Net Cash Flow From Operating Activities, Continuing | $3.64 Billion |
| Net Cash Flow From Investing Activities | $-4.95 Billion |
| Net Cash Flow From Operating Activities | $3.64 Billion |
| Net Cash Flow From Financing Activities, Continuing | $1.34 Billion |
| Net Cash Flow From Financing Activities | $1.34 Billion |
| Net Cash Flow, Continuing | $37 Million |
Income Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Benefits Costs and Expenses | $11.09 Billion |
| Income/Loss From Equity Method Investments | $15 Million |
| Basic Earnings Per Share | $6.78 |
| Nonoperating Income/Loss | $-721 Million |
| Net Income/Loss Attributable To Parent | $1.40 Billion |
| Income/Loss From Continuing Operations Before Tax | $1.37 Billion |
Comprehensive Income
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Comprehensive Income/Loss Attributable To Parent | $1.45 Billion |
| Comprehensive Income/Loss | $1.45 Billion |
| Other Comprehensive Income/Loss | $41 Million |
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $0 |
Balance Sheet
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Accounts Payable | $1.39 Billion |
| Current Liabilities | $5.11 Billion |
| Liabilities And Equity | $48.85 Billion |
| Equity Attributable To Parent | $11.70 Billion |
| Other Non-current Assets | $14.20 Billion |
| Long-term Debt | $22.14 Billion |
Historical Dividends
Current dividend: $1.09 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Feb 6, 2025 | Apr 15, 2025 | Mar 17, 2025 | $1.09 | Quarterly |
| Dec 3, 2024 | Jan 15, 2025 | Dec 16, 2024 | $1.09 | Quarterly |
| Jun 20, 2024 | Oct 15, 2024 | Sep 16, 2024 | $1.02 | Quarterly |
| May 2, 2024 | Jul 15, 2024 | Jun 17, 2024 | $1.02 | Quarterly |
| Feb 1, 2024 | Apr 15, 2024 | Mar 18, 2024 | $1.02 | Quarterly |
| Dec 8, 2023 | Jan 15, 2024 | Dec 18, 2023 | $1.02 | Quarterly |