DTE Energy Company operates in the Electric services sector.
In addition to historical fundamental analyses, the complete report available to purchase compares DTE Energy Company with three other
companies in this sector in the United States:
FirstEnergy Corporation
(2019
sales of $11.04 billion
of which 86%
was Regulated Distribution),
Entergy Corporation
($10.88 billion
), and
SSE PLC
($9.60 billion
of which 57%
was Retail).
Sales Analysis.
DTE Energy Company reported sales of $12.73 billion
for the
year ending
December of 2019.
This
represents
a
decrease of 10.4%
versus 2018, when the company's sales were $14.20 billion.
The sales level in 2019 was fairly close to the level five years ago: in 2014, DTE Energy Company had sales
of $12.22 billion.
Contributing to the drop in overall sales was the 33.3% decline
in Corporate and Other, from $3.00 million to $2.00 million.
There were also decreases in sales in
Electric Utility (down 1.3% to $5.23 billion)
and
Energy Trading (down 17.0% to $4.61 billion)
and
Power and Industrial Projects (down 29.2% to $1.56 billion)
.
However, these declines were partially offset by the increase in sales of
Gas Utility (up 3.2% to $1.48 billion)
and
Gas Storage and Pipelines (up 3.3% to $501.00 million)
.