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Is DTE Energy (DTE) a great pick from the value investor's perspective right now? Read on to know more.
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.
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.
Google Finance was first launched by Google on March 21, 2006. The service featured business and enterprise headlines for many corporations including their financial decisions and major news events. Stock information was available, as were Adobe Flash-based stock price charts which contained marks for major news events and corporate actions.
The article Show Me the Money, DTE Energy originally appeared on Fool.com. Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here .
The stock of DTE Energy Co (NYSE:DTE, 30-year Financials) is believed to be modestly overvalued, according to GuruFocus Value calculation.
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DTE may refer to: Data terminal equipment, an end instrument used in telecommunication and data transmission; Distance to empty, a feature in an automobile electronic instrument cluster; Dithioerythritol, a chemical; DTE (direct to edit), a digital video recording method; DTE Energy, a Detroit, Michigan-based utility