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DTE Energy Company

Industry: Electric Utilities

Fortune Rank: 285

DTE is the holding company for The Detroit Edison Company, a public utility operating in southeast Michigan, and DTE Enterprises, a producer of natural gas. For the 6 months ended 6/30/05, revenues increased 19% to $4.26B. Net income from continuing operations decreased 34% to $152M. Revenues benefited from rate increases. Net income reflects an increase in depreciation and operation and maintenance expenses.

DTE Energy Company (DTE Energy) is a diversified energy company that conducts its businesses through its subsidiaries, Detroit Edison Company (Detroit Edison) and Michigan Consolidated Gas Company (MichCon). Detroit Edison is a public utility engaged in the generation, purchase, distribution and sale of electricity to 2.1 million customers in southeastern Michigan. MichCon is a public utility engaged in the purchase, storage, transmission, distribution and sale of natural gas to 1.2 million customers throughout Michigan. DTE Energy also has non-utility subsidiaries engaged in energy marketing and trading, energy services and various other electricity, coal and gas related businesses predominantly in the Midwest and eastern United States.

DTE Energy Company

DTE Energy Company is a Fortune 500 company. In 2010 DTE Energy Company was ranked number 285 on the Fortune 500 list, making it the 285th largest company in the United States when judged by revenue.

DTE Energy Company achieved revenue of $8,014.00 million in 2010 and earned a profit of $532.00 million.

DTE Energy Company remains solid in 285

DTE Energy Company is one of the minority of companies, who ranking on the Fortune 500 list remained stable in 2010, retaining 285th position that is achieved in 2009. This identical ranking was based on its 2009 revenue of $9,336 million (a change of -1 million compared to 2010) and profits of $546 million (a change of -14 million compared to 2009).

Another point of view

To many investors, profits are more important than the revenue a company earns. If the Fortune 500 was ranked by profits instead of revenue then DTE Energy Company would be ranked 207th rather than 285th due to its profits of $532 in 2010.

* US$ Million

• Address
  • DTE Energy Company
    2000 Second Ave
    Detroit
    MI
    48226
• Contact Details
  • Phone: 313-235-4000
  • Fax: 313-235-6743
  • Website: www.dteenergy.com
  • Stock Symbol: DTE

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