DTE: DTE Energy Co.
About
DTE Energy Co. operates as a diversified energy company, which engages in the development and management of energy-related businesses and services. It operates through the following segments: Electric, Gas, DTE Vantage, Energy Trading, and Corporate and Other. The Electric segment consists of generation, purchase, distribution, and sale of electricity to residential, commercial, and industrial customers in southeastern Michigan. The Gas segment is involved in the purchase, storage, transportation, distribution, and sale of natural gas to residential, commercial, and industrial customers throughout Michigan, and the sale of storage and transportation capacity. The DTE Vantage segment focuses on projects that deliver energy and utility-type products and services to industrial, commercial, and institutional customers, produce reduced emissions fuel, and sell electricity and pipeline-quality gas from renewable energy projects. The Energy Trading segment covers energy marketing and trading operations. The Corporate and Other segment includes various holding company activities, holds certain non-utility debt, and holds certain investments, as well as funds supporting regional development and economic growth. The company was founded in January 1995 and is headquartered in Detroit, MI.
Current Value
$121.701 Year Return
Current Value
$121.701 Year Return
Key Details
Market Cap
$25.20B
P/E Ratio
16.48
1Y Stock Return
17.84%
1Y Revenue Growth
-10.69%
Dividend Yield
3.52%
Price to Book
2.2
Strategies that include DTE
Stock's related to DTE
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| CMS | 87.20% | $20.49B | +20.66% | 3.01% |
| PPL | 81.75% | $25.19B | +29.76% | 2.97% |
| LNT | 81.31% | $15.97B | +26.81% | 3.08% |
| ED | 79.68% | $33.59B | +7.16% | 3.43% |
| WEC | 79.07% | $31.33B | +22.40% | 3.38% |
| POR | 77.61% | $4.95B | +14.95% | 4.16% |
| NI | 77.23% | $17.32B | +42.68% | 2.86% |
| EVRG | 77.05% | $14.71B | +27.45% | 4.01% |
| OGE | 76.66% | $8.67B | +24.45% | 3.88% |
| DUK | 75.50% | $87.74B | +26.37% | 3.65% |
| EIX | 74.43% | $33.16B | +30.69% | 3.64% |
| AEE | 73.30% | $24.59B | +20.10% | 2.87% |
| D | 72.85% | $48.38B | +24.06% | 4.62% |
| AEP | 72.77% | $51.50B | +23.91% | 3.71% |
| NWE | 72.40% | $3.41B | +10.00% | 4.68% |
| FE | 72.05% | $23.96B | +10.41% | 4.05% |
| SO | 71.92% | $96.74B | +26.76% | 3.24% |
| BKH | 71.35% | $4.49B | +23.18% | 4.16% |
| AVA | 71.11% | $3.07B | +11.83% | 3.68% |
| AWK | 70.76% | $26.93B | +5.63% | 2.17% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| DNTH | -0.01% | $659.13M | +93.65% | 0.00% |
| TEO | 0.02% | $1.69B | +87.97% | 0.00% |
| RBLX | 0.06% | $34.28B | +42.27% | 0.00% |
| PSN | -0.08% | $10.03B | +50.06% | 0.00% |
| FN | -0.09% | $9.02B | +50.13% | 0.00% |
| XBIT | -0.10% | $203.32M | +87.36% | 0.00% |
| CRM | -0.11% | $309.20B | +44.18% | 0.37% |
| SIMO | 0.18% | $1.79B | -8.38% | 3.73% |
| FATBB | -0.26% | $81.94M | -12.91% | 11.69% |
| OXBR | 0.26% | $19.05M | +178.18% | 0.00% |
| SNAP | -0.27% | $17.63B | -12.85% | 0.00% |
| MNOV | -0.37% | $93.19M | +2.15% | 0.00% |
| TME | 0.38% | $7.80B | +28.31% | 1.22% |
| EVER | -0.39% | $664.25M | +124.76% | 0.00% |
| MESO | 0.39% | $1.23B | +347.11% | 0.00% |
| VHC | -0.40% | $19.06M | -38.36% | 0.00% |
| SPR | -0.43% | $3.72B | +23.27% | 0.00% |
| RELY | -0.49% | $3.96B | -7.42% | 0.00% |
| KEYS | 0.50% | $26.40B | +13.06% | 0.00% |
| KSPI | -0.57% | $20.86B | +18.06% | 3.37% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| NVDA | -30.59% | $3.61T | +194.35% | 0.07% |
| CAMT | -28.04% | $3.40B | +16.39% | 0.00% |
| NVMI | -24.71% | $5.16B | +44.02% | 0.00% |
| TSM | -24.08% | $983.61B | +92.73% | 1.17% |
| LRCX | -23.92% | $90.29B | -0.80% | 11.86% |
| CDNS | -23.72% | $82.18B | +10.81% | 0.00% |
| KLAC | -23.57% | $82.35B | +11.80% | 0.98% |
| AMAT | -23.51% | $139.58B | +13.44% | 0.85% |
| DELL | -22.85% | $99.00B | +84.60% | 1.24% |
| AVGO | -22.45% | $772.28B | +68.52% | 9.87% |
| SNPS | -21.37% | $82.03B | -1.18% | 0.00% |
| ASML | -20.75% | $260.51B | -3.25% | 1.03% |
| CRWD | -20.03% | $86.61B | +69.05% | 0.00% |
| CLS | -19.66% | $10.10B | +223.71% | 0.00% |
| MU | -19.01% | $108.36B | +27.40% | 0.47% |
| WDC | -18.96% | $22.57B | +41.20% | 0.00% |
| VRT | -18.48% | $52.90B | +230.61% | 0.07% |
| ONTO | -17.80% | $8.04B | +20.50% | 0.00% |
| ANET | -17.07% | $118.95B | +75.41% | 0.00% |
| DDOG | -16.92% | $45.32B | +19.19% | 0.00% |
ETF's related to DTE
Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| VPU | 81.56% | $6.66B | 0.1% |
| FXU | 81.53% | $341.08M | 0.64% |
| FUTY | 81.37% | $1.73B | 0.084% |
| XLU | 80.38% | $16.89B | 0.09% |
| IDU | 80.09% | $1.43B | 0.39% |
| LVHD | 76.64% | $560.70M | 0.27% |
| SPHD | 74.62% | $3.46B | 0.3% |
| CDC | 68.75% | $821.08M | 0.38% |
| DVY | 68.65% | $20.66B | 0.38% |
| SPYD | 68.19% | $6.92B | 0.07% |
| SDY | 66.89% | $21.19B | 0.35% |
| SPLV | 66.81% | $8.93B | 0.25% |
| EMLP | 66.18% | $2.97B | 0.96% |
| FVD | 65.87% | $9.70B | 0.6% |
| HDV | 63.33% | $11.19B | 0.08% |
| IGF | 63.16% | $4.51B | 0.42% |
| RDIV | 62.72% | $842.58M | 0.39% |
| LGLV | 62.66% | $811.95M | 0.12% |
| NFRA | 61.98% | $2.47B | 0.47% |
| SCHH | 60.78% | $7.87B | 0.07% |
Uncorrelated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| IGV | 0.09% | $9.18B | 0.41% |
| SPUS | 0.19% | $899.44M | 0.45% |
| GSG | -0.32% | $914.42M | 0.75% |
| DBC | -0.39% | $1.39B | 0.87% |
| COMT | -0.39% | $829.06M | 0.48% |
| USCI | 0.41% | $185.47M | 1.07% |
| METV | -0.54% | $339.15M | 0.59% |
| UNG | 0.92% | $908.80M | 1.06% |
| KCCA | -0.97% | $220.51M | 0.87% |
| FTGC | 1.12% | $2.17B | 1.02% |
| IBHD | 1.18% | $327.80M | 0.35% |
| PDBC | -1.39% | $4.40B | 0.59% |
| SIXG | 1.44% | $569.71M | 0.3% |
| DBO | -1.44% | $217.57M | 0.77% |
| CSHI | 1.63% | $482.85M | 0.38% |
| SFYF | 1.80% | $19.96M | 0.29% |
| PNQI | 1.81% | $834.26M | 0.6% |
| TECB | -1.87% | $429.37M | 0.3% |
| BILZ | -1.91% | $563.02M | 0.14% |
| ONEQ | -1.94% | $7.14B | 0.21% |
Inversely Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| EQLS | -33.34% | $76.08M | 1% |
| USDU | -29.59% | $201.97M | 0.5% |
| SMH | -24.79% | $23.66B | 0.35% |
| CTA | -23.54% | $350.27M | 0.78% |
| UUP | -21.58% | $309.25M | 0.77% |
| FFOG | -21.07% | $118.40M | 0.55% |
| SOXQ | -20.72% | $490.35M | 0.19% |
| IYW | -19.51% | $19.23B | 0.39% |
| SOXX | -18.75% | $13.20B | 0.35% |
| IGM | -18.50% | $5.60B | 0.41% |
| PSI | -18.28% | $711.93M | 0.56% |
| IGPT | -18.21% | $407.54M | 0.58% |
| QTEC | -17.87% | $3.85B | 0.57% |
| IXN | -17.76% | $5.14B | 0.41% |
| HIGH | -17.64% | $302.78M | 0.51% |
| WINN | -17.06% | $620.54M | 0.57% |
| VCAR | -17.05% | $9.00M | 1.2% |
| FTEC | -16.79% | $12.59B | 0.084% |
| FEPI | -16.65% | $406.41M | 0.65% |
| VIXY | -15.30% | $195.31M | 0.85% |
News
Yahoo
We recently published a list of 10 Most Profitable Renewable Energy Stocks Now. In this article, we are going to take a look at where DTE Energy Company (NYSE:DTE) stands against other most profitable renewable energy stocks. In an interview with CNBC on November 9, John Berger, CEO of Sunnova stated that the market is […]
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MarketWatch
DTE Energy Co. stock rises Monday, still underperforms market
Yahoo
•New investments to improve electric reliability include the construction of three electric substations and new, updated equipment to deliver power from these substations to customers’ homes and businesses Construction at Sigma substation Substation construction in Shelby Township, Mich. Detroit, Nov. 18, 2024 (GLOBE NEWSWIRE) -- DTE Energy (NYSE:DTE) today announced the construction of three new electric substations as part of the company’s ongoing commitment to reducing power outage frequency
SeekingAlpha
Invesco S&P 500 Equal Weight Utilities ETF has similar performance and lower individual company risk vs XLU. Discover top utilities stocks and ETF options.
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.