The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Friday, August 14, 2026

Subject of the day

DTE

Concerning the House

DTE Energy Company engages in energy-related businesses and services. The company operates through four segments: Electric, Gas, DTE Vantage, and Energy Trading.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 coal-fired plants, natural gas plant, hydroelectric pumped storage, and nuclear plants, as well as wind and solar assets. This segment owns and operates 702 distribution substations with a capacity of approximately 37,870,000 kilovolt-amperes (kVA) and approximately 4,56,900 line transformers with a capacity of approximately 33,770,000 kVA. The company's Gas segment purchases, stores, transports, distributes, and sells natural gas to approximately 1.4 million residential, commercial, and industrial customers throughout Michigan; and sells storage and transportation capacity. This segment has approximately 21,000 miles of distribution mains; 1,242,000 service pipelines; and 1,361,000 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 generation, steam production, chilled water production, and wastewater treatment services, as well as compressed air supply to industrial customers. This segment also owns and operates 2 renewable generating plants with a capacity of 70 MWs; and 22 gas recovery sites. 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 1849 and is based in Detroit, Michigan.

United States · www.dteenergy.com

The Long Run

FY 2009–2025 · 17 years

LineLatestCAGRTrend
Revenue$10.34B+35.6%
Operating income$2.09B+1.7%
Net income$1.40B+6.3%
Cash from ops$3.41B+5.0%
Quotation

$139.53

+0.85 (+0.6%)

52w hi$154.43
52w lo$125.65
Vol1.54M
As ofAug 13
The Verdict

Hold

Our score -0.15

Short+0.19
Medium-0.37
Long-0.38

computed 2026-08-13

By the Numbers

DTE Energy Company

Utilities · Utilities - Regulated Electric

Market cap$29.03B
Enterprise value$56.66B
Trailing P/E22.08x
Forward P/E16.69x
EV / EBITDA15.66x
P / S (ttm)1.76x
Profit margin8.0%
Return on equity11.0%
Revenue growth-1.5%
Earnings growth+22.4%
Debt / equity229.06
Risk Metrics
Beta vs SPX0.16
Corr SPX0.15
Annual vol17.4%
Annual ret+9.1%
Sharpe0.52
Max DD-11.4%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.19
Sector-0.01
Technical-0.02
Earnings+0.00
Sentiment+0.28

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$139.28$139.93$138.73$139.531.54M
Aug 12$137.92$138.93$137.50$138.681.29M
Aug 11$136.78$138.08$135.76$137.641.26M
Aug 10$139.17$139.33$136.47$136.781.64M
Aug 7$139.45$141.35$138.55$139.871.24M