Feed / DTE

DTE Energy Company

DTE

Utilities · 132.59 -1.4% today

Partial group confirmationMarket checked 11 Sept, 15:55 GMT-4

Market read

DTE Energy Company's move is being confirmed by its market group.

DTE accounts for 16.7% of the group's measured movement across 9.6 effective names. raw member direction is mixed; 7 of 12 SPY-adjusted paths align to the downside. Capital-flow agreement is 4%, so confirmation is not yet clean. No verified headline preceded the measured group move.

MOVE ANATOMY

Is this move genuinely shared?

SPY-adjusted 5m paths
Role in the moveAligned contributor#1 of 12 by movement share
Group movement share16.7%Absolute path energy—not portfolio weight
Relative path-1.43%aligned
Effective breadth9.6 / 12broad
Relative alignment7/12downside path · 5 counter-moving
Capital-flow agreement4%not yet clean
SEQUENCE READ

DTE was the first measured mover. DTE crossed its material path threshold at 10:00 ET. DOC, CAG, CNP followed.

EVIDENCE COVERAGE

9 of 35 members in Packaged Foods & Beverages are active. 0 of 4 disclosed connections are confirming.

What would change this read
  • At least 23 of 35 durable members become active together.
  • Capital-flow agreement rises above 55%.
  • A filing-linked outsider such as HELE begins moving with the group.

Invalidation: The live read weakens if participation falls to 12 of 35 members or fewer.

Watch this read

Research brief

The story so far

Utilities · Utilities - Regulated Electric

DTE accounts for 16.7% of the group's measured movement across 9.6 effective names. raw member direction is mixed; 7 of 12 SPY-adjusted paths align to the downside. Capital-flow agreement is 4%, so confirmation is not yet clean. No verified headline preceded the measured group move.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • At least 23 of 35 durable members become active together.
  • Capital-flow agreement rises above 55%.
  • A filing-linked outsider such as HELE begins moving with the group.

Company research

Understand the business, not just the ticker

As of Sep 12, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods8
Price observations602
Usable filing statements222
Verified relationships4
Evidence supporting the case
  • Latest annual revenue changed +18.6% year over year.
Evidence challenging the case
  • Credit and interest rates has repeated adverse evidence across 5 filings.
Questions before a position
  • EV/sales is 41% below the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context

Price as of Sep 11, 2026

132.59
6m-10.2%12m-2.2%24m+7.7%
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2013-12-31$9.7B+9.9%$3.76+2.3%
2014-12-31$12.3B+27.3%$5.10+1.1%
2015-12-31$10.3B-16.0%$4.05+1.1%
2016-12-31$10.6B+2.8%$4.83+0.0%
2017-12-31$12.6B+18.6%$6.32+0.0%

What management says matters

Persistent and emerging business drivers

Capital investment and capacitymixed · 5 filings
The requested net increase in base rates was primarily due to continued infrastructure investment and increasing operations and maintenance costs needed to ensure the continued safe and reliable delivery of natural gas to customers.
10-Q · Jul 28, 2026
Credit and interest ratesnegative · 5 filings
Net cash from financing activities increased by $780 million in 2026 primarily due to lower Redemption of long-term debt and higher Issuance of long-term debt, net of discount and issuance costs, partially offset by higher repayment of Short-term borrowings,…
10-Q · Jul 28, 2026
Energy and commodity pricespositive · 5 filings
The requested net increase in base rates was primarily due to continued infrastructure investment and increasing operations and maintenance costs needed to ensure the continued safe and reliable delivery of natural gas to customers.
10-Q · Jul 28, 2026
Legal and regulatory exposurenegative · 5 filings
The increase in the six-month period was primarily due to additional litigation penalties in the Steel business relating to the EES Coke judgment of $112 million and higher costs in the On-site business of $4 million, Steel business of $3 million, and Renewab…
10-Q · Jul 28, 2026

Valuation discipline

Descriptive valuation snapshot

Price/sales 1.9× · EV/sales 2.8×. Comparisons use only industry-matched filing peers.

Scenario scaffold

Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.

Price action

How the market is pricing the story

132.59-1.4% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for DTE. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Filing analysis

No comparable filing assessment is available yet

Jodie has not yet found a suitable current-versus-prior filing comparison for DTE. This does not mean the latest filing was neutral or immaterial.

Business ecosystem

The relationships behind DTE

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depends on

BILLBILL Holdings, Inc.partnerFeb 17, 2026

This increase was primarily due to higher net interest expense and higher federal and state income taxes, including the $16 million impact from the One Big Beautiful Bill impact to the charitable contribution valuation allowance, as well as the $14 million im…

FRMIFermi Inc.investeeFeb 17, 2026

the timing and estimate of cash flows related to the decommissioning of Fermi 1, refer to Note 8 to the Consolidated Financial Statements, "Asset Retirement Obligations," for additional information, partially offset by MPSC disallowances of previously recorde…

Depended on by

NFGNational Fuel Gas CompanysupplierNov 21, 2025

Purchases from DTE Energy Trading, Inc.

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 4 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

DTE is currently a Participant in the organic co-movement group Packaged Foods & Beverages. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.