RadioShack Corporation - Mutual of Omaha - Mirant - Duke Energy Corporation - WellPoint Health Networks
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What is 'Pawn Your Diamond'?
'Pawn Your Diamond' offers the community information
about the Fortune 500 companies.
Why the name?
The aim behind our name is to give young
entrepreneurs the incentive to start from scratch with
the hope that this small money they got from pawning a
diamond they had aside, grows and flourishes into a
multi billion dollar corporation.
Too dreamy?
Simply NOT. Such famous corporations did not exist
forever. Each and every foundation did start somewhere
and usually had one or a few founding members. So grab
the general concept and work hard!
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Fortune 500 - Spot Number 296
Company Information
Name: DTE Energy Company
Industry: Electric Utilities
Description: DTE Energy Company is the parent company of Detroit Edison Company, a regulated public utility engaged in the generation, purchase, distribution and sale of electric energy to 2.1 million customers in southeast Michigan, and DTE Enterprises Inc. (Enterprises), which is primarily engaged in natural gas production, gathering, processing, transmission, storage, distribution and energy marketing.
Financial Summary: 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 benefitted from rate increases. Net income reflects an increase in depreciation and operation and maintenance expenses.
Business Summary: 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.
Misc Details
Symbol: DTE
City: Detroit
State: MI
ZIP Code: 48226
Address: 2000 Second Ave
Phone: 313-235-4000
Fax: 313-235-6743
Website: http://www.dteenergy.com
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