Detroit, Michigan-based DTE Energy Company (DTE) is a diversified energy company that provides electricity and natural gas to millions of customers across Michigan. Valued at a market cap of $28.7 billion, the company is also engaged in non-utility businesses, including industrial energy services, renewable natural gas, and energy marketing and trading.
Shares of this utility company have outpaced the broader market over the past 52 weeks. DTE has surged 18.9% over this time frame, while the broader S&P 500 Index ($SPX) has gained 11.9%. Moreover, on a YTD basis, the stock is up 14.6%, compared to SPX’s 1% rise.
