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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.
DTE Electric Company (formerly The Detroit Edison Company) is an investor-owned electric utility founded in 1886 in Detroit, Michigan.As the largest electric utility in Michigan, it serves approximately 2.3 million customers in the southeastern portion of the state.
Is DTE Energy (DTE) a great pick from the value investor's perspective right now? Read on to know more.
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Investor-owned electric power delivery utilities with assets in the United States of America [2] [3] [4] Parent company Operating company Operating states AES Corporation (AES) AES Indiana, formerly Indianapolis Power & Light: IN: Dayton Power and Light: OH: Allete (ALE) Minnesota Power: MN: Superior Water, Light and Power: WI: Alliant Energy ...
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 Energy Headquarters is a class-A office complex at I-75 and Grand River on the west side of Downtown Detroit, Michigan. It consists of three buildings: the Walker ...