Argus

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May 15, 2026

Symbols

Sector(s)

Utilities

Rating

Earnings Estimate

Current Price

$139.83

Price Target

Summary

DTE Energy is a Detroit-based diversified energy company with gas and electric operations including generation, transmission, and distribution. Its subsidiaries include Detroit Edison, an electric utility serving 2.3 million customers in Southeastern Michigan; MichCon, a natural gas utility serving 1.3 million customers in Michigan; and other nonutility energy trading, fuel transportation, and marketing businesses. The company currently has one nuclear generating facility. In 2021, DTE completed the spinoff of its midstream gas pipeline operations.

Total revenues in 2025 topped $15.8 billion, of which 56% was from utility operations.

DTE's fuel mix is approximately 41% coal, 19% nuclear, 26% natural gas, and about 14% renewable sources. The company is expanding its use of renewable fuels. It is more reliant on coal than some peers, but expects to finish completing t

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