DTE Energy Co. Preferred Stock 4.375% (DTG)

Overview

DTE Energy Co. is a comprehensive energy corporation that operates with a focus on developing and managing a wide array of energy-related businesses and services. The company prides itself on its diversified portfolio, which includes electric and gas segments as well as energy trading and a unique venture named DTE Vantage. Each segment of DTE Energy Co. is designed to address different customer needs ranging from residential electricity needs in southeastern Michigan to industrial and institutional energy solutions across various regions. Founded in January 1995, DTE Energy Co. has established its headquarters in Detroit, MI, indicating its strong roots in contributing to the development and economic growth of Michigan and beyond.

Products and Services

• Electric Segment:

This segment includes the generation, purchase, distribution, and sale of electricity. It specifically caters to residential, commercial, and industrial customers in southeastern Michigan. DTE Energy Co. ensures a reliable and consistent supply of electricity to meet varying consumer demands, while also investing in sustainable energy solutions.

• Gas Segment:

DTE Energy Co.’s Gas segment focuses on the comprehensive management of natural gas. This includes the purchase, storage, transportation, distribution, and sale of natural gas to a wide range of customers throughout Michigan. The segment also deals with the sale of storage and transportation capacity, showcasing its versatility in natural gas management and logistics.

• DTE Vantage:

  This innovative segment is committed to delivering energy and utility-type products and services to industrial, commercial, and institutional customers. DTE Vantage specializes in projects that not only supply energy but also focus on producing reduced emissions fuel. Furthermore, it is involved in the sale of electricity and pipeline-quality gas derived from renewable energy projects, underlining DTE Energy Co.'s commitment to sustainable energy development.

• Energy Trading:

The Energy Trading segment engages in energy marketing and trading operations. This dynamic sector of DTE Energy Co. works with the trading of energy commodities, such as electricity and natural gas, contributing to the company’s diversified offerings and helping manage risks associated with fluctuating energy prices.

• Corporate and Other:

This segment encompasses a variety of activities that support the overall functioning of DTE Energy Co. It includes holding company activities, management of non-utility debt, and certain investments. Additionally, this segment supports funds aimed at regional development and economic growth, emphasizing DTE Energy Co.'s role in community development and prosperity.