DTE Stock - DTE Energy Company

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DTE Energy Company, headquartered in Detroit, Michigan, is a prominent player in the utility sector, engaging in diversified operations to meet the energy needs of customers across southeastern Michigan. Established in 1903, the company operates through several strategic segments: Electric, Gas, Power and Industrial Projects, and Energy Trading. The Electric segment focuses on generating, purchasing, distributing, and selling electricity to approximately 2.3 million residential, commercial, and industrial customers. Electricity generation includes fossil-fuel, hydroelectric pumped storage, nuclear, wind, and other renewable sources.

DTE Energy's Electric segment manages a robust infrastructure that includes approximately 698 distribution substations and 449,800 line transformers, ensuring reliable electricity distribution throughout its service area. The Gas segment purchases, stores, transports, distributes, and sells natural gas to around 1.3 million customers across Michigan. This segment oversees a comprehensive network comprising approximately 20,000 miles of distribution mains, 1,304,000 service pipelines, and 1,305,000 active meters, alongside ownership of approximately 2,000 miles of transmission pipelines.

Additionally, DTE Energy's Power and Industrial Projects segment plays a critical role in providing metallurgical coke, pulverized coal, petroleum coke, and various energy services to industries such as steel, pulp and paper. The segment also offers power generation, steam and chilled water production, and wastewater treatment services, while supplying compressed air to industrial customers. Moreover, the company's Energy Trading segment engages in power, natural gas, and environmental marketing and trading, focusing on optimizing contracted natural gas pipeline transportation and storage positions. DTE Energy continues to innovate and invest in sustainable energy solutions, supporting economic growth and environmental stewardship in Michigan and beyond.

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