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Over the past 12 months, DTE Energy generated $574.0 million cash while it booked net income of $679.0 million. That means it turned 6.6% of its revenue into FCF. That sounds OK.
DTE's earliest direct corporate ancestor, the Edison Illuminating Company of Detroit, was founded in 1886. By the turn of the century, it split responsibility for commercial electric power in the fast-growing city of Detroit with the Peninsular Electric Light Company; the latter company controlled the city's electric distribution network.
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The stock of DTE Energy Co (NYSE:DTE, 30-year Financials) is believed to be modestly overvalued, according to GuruFocus Value calculation.
DTE Energy Electric Company (DTE) Detroit Edison: MI Duke Energy (DUK) Duke Energy Carolinas: NC, SC Duke Energy Progress: NC, SC Duke Energy Indiana: IN Duke Energy Ohio: OH Duke Energy Kentucky: KY Duke Energy Florida: FL Edison International (EIX) Southern California Edison: CA Emera: Bangor Hydro Electric: ME Maine Public Service: ME ...
DTE Electric Company (formerly The Detroit Edison Company) was founded in 1886. DTE Electric's power generation portfolio includes renewable energy , but is primarily generated by fossil fuels . In 2022, 68.58% of electricity generated by DTE came from coal, gas, and oil.
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Currently, CMS Energy (CMS) is a better utility stock than DTE Energy (DTE). Skip to main content. Sign in. Mail. 24/7 Help. For premium support please call: 800-290-4726 more ...
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