DTB NYSE
Credit Risk of going bust: lower than 78% of companies Debt: 50.2% of company value Bonds: none of note held by US funds details ▾
If the stock fell to about $0.55 (down 96%), DTE Energy Company 2020 Series would be worth roughly what it owes.
Total debt $27.84B against a stock market value of $27.61B.
Distance to default 9.10 (Merton model): prices to 2026-10-27, balance sheet 2026-06-30, debt counted $14.90B (short-term plus half of long-term), stock volatility 17.8%; Altman Z'' 0.72. A ranking and a back-test, not a forecast.
US fund filings (SEC N-PORT) show under $25M of this company's bonds, so there is no bond page. Its debt may be bank loans or privately placed. How these are computed.
Detroit, MI 48226-1221
US
DTE Energy Company functions as a broad-ranging energy enterprise, dedicated to establishing and managing a variety of energy-related ventures and services. Its operations are organized into several distinct business units. The Electric segment oversees the generation, procurement, supply, and retail sale of electricity to residential, commercial, and industrial clients located in southeastern Michigan. The Gas segment is responsible for acquiring, storing, transporting, distributing, and selling natural gas to households, businesses, and industrial users across Michigan, as well as providing storage and transit capacity. DTE Vantage focuses on projects that deliver energy and utility-style offerings to industrial, commercial, and institutional customers, produces lower-emission fuels, and markets electricity and pipeline-grade gas derived from renewable energy initiatives. The Energy Trading segment manages the company's activities in energy markets and trading. Lastly, the Corporate and Other segment covers various holding company functions, manages certain non-utility financial obligations, holds specific investments, and allocates funds to support regional development and economic expansion. The company, founded in January 1995, maintains its primary offices in Detroit, Michigan.
Recent Insider Trades
| Name | Type | Shares | Price | Date |
|---|---|---|---|---|
| BRANDON DAVID | M-Exempt | 1,573 | — | 2024-01-04 |
| BRANDON DAVID | D-Return | 1 | $110.53 | 2024-01-04 |
| BRANDON DAVID | M-Exempt | 1,573 | — | 2024-01-04 |
| MCCLURE CHARLES G | M-Exempt | 1,573 | — | 2024-01-04 |
| MCCLURE CHARLES G | M-Exempt | 1,573 | — | 2024-01-04 |