(VIANEWS) – The NYSE opens in less than one hour and DTE Energy Company‘s pre-market value is already 4.39% down.
DTE Energy Company’s last close was $106.51, 22.12% below its 52-week high of $136.77.
The last session, NYSE finished with DTE Energy Company (DTE) sliding 0.45% to $106.51. NYSE jumped 0.69% to $15,078.69, following the last session’s upward trend on what was a somewhat up trend exchanging session.
About DTE Energy Company
DTE Energy Company engages in the utility operations. The company's Electric segment generates, purchases, distributes, and sells electricity to approximately 2.3 million residential, commercial, and industrial customers in southeastern Michigan. It generates electricity through fossil-fuel, hydroelectric pumped storage, and nuclear plants, as well as wind and solar assets. This segment owns and operates approximately 697 distribution substations and approximately 451,900 line transformers. The company's Gas segment purchases, stores, transports, distributes, and sells natural gas to approximately 1.3 million residential, commercial, and industrial customers throughout Michigan; and sells storage and transportation capacity. This segment has approximately 21,000 miles of distribution mains; 1,352,000 service pipelines; and 1,316,000 active meters, as well as owns approximately 2,000 miles of transmission pipelines. Its DTE Vantage segment offers metallurgical and petroleum coke to steel and other industries; and power, steam and chilled water production, and wastewater treatment services, as well as supplies compressed air to industrial customers. Its Energy Trading segment engages in power, natural gas, and environmental marketing and trading; structured transactions; and the optimization of contracted natural gas pipeline transportation and storage positions. The company was founded in 1903 and is based in Detroit, Michigan.
Earnings Per Share
As for profitability, DTE Energy Company has a trailing twelve months EPS of $5.65.
PE Ratio
DTE Energy Company has a trailing twelve months price to earnings ratio of 18.85. Meaning, the purchaser of the share is investing $18.85 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 11.62%.
Volume
Today’s last reported volume for DTE Energy Company is 785817 which is 34.35% below its average volume of 1197020.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 19.3% and 30%, respectively.
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