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Morningstar

Morningstar

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Nov 05, 2026

DTE Energy Company: DTE Energy Earnings: Larger Investment Plan, Vantage Sale Boost Long-Term Earnings Growth

Symbols

DTE

Sector(s)

Utilities

Rating

Current Price

134.20

Fair Value

Economic Moat

Stewardship

Summary

DTE Energy owns two regulated utilities in Michigan that contribute 90% of earnings. DTE Electric serves approximately 2.3 million customers in southeastern Michigan, including Detroit. DTE Gas serves 1.3 million customers throughout the state. In addition, DTE has nonutility

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Analyst Profile

Travis Miller

Strategist

Travis Miller is an energy and utilities strategist for Morningstar Research Services LLC, a wholly owned subsidiary of Morningstar, Inc. He covers energy and utilities. Previously, Miller was director of the utilities equity research team at Morningstar.Before joining Morningstar in 2007, he was a reporter for several Chicago-area newspapers, including the Daily Herald in Arlington Heights, Illinois.Miller holds a bachelor’s degree in journalism from Northwestern University’s Medill School of Journalism and a master’s degree in business administration from the University of Chicago Booth School of Business, with concentrations in accounting and finance. He is a Level III candidate in the Chartered Financial Analyst® program.

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