Argus

•

Feb 26, 2026

Symbols

Sector(s)

Utilities

Rating

Earnings Estimate

Current Price

$146.59

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 businesses, fuel transportation, and marketing. The company currently has once 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, and 26% natural gas, and about 13% renewable sources. The company is expanding its use of renewable fuels. It is more reliant on coal than some peers are but expects to finish co

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