With a market cap of $27.4 billion, DTE Energy Company (DTE) operates regulated and unregulated energy businesses, including its primary subsidiaries, DTE Electric and DTE Gas, serving millions of customers across Michigan. It also runs non-utility segments like energy trading, gas storage and pipelines, and industrial energy solutions through its DTE Vantage division.
Shares of the utility company have slightly outperformed the broader market over the past 52 weeks. DTE Energy stock has returned 20.9% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 20.7%. Moreover, shares of DTE are up 9.3% on a YTD basis, compared to SPX's 2.2% gain.
