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Company Name:

DTE Energy Co. (NYSE:DTE)

Corporate Headquarters:

One Energy Plaza
Detroit, Michigan 48226

Chief Executive Officer:

Gerard M. Anderson

Employees:

10,000

Financial Information:   

2015 Annual Report Data

Operating Revenues

$10.3 billion

Net Income

$727 million

Assets

$28.7 billion

Diluted Earnings per Share

$4.05

Corporate Governance: 

Board Composition

 

Gerard M. Anderson (Chairman)
David Brandon
W. Frank Fountain
Charles "Chip" McClure
Gail J. McGovern
Mark A. Murray
James B. Nicholson (Presiding Director)
Charles W. Pryor Jr.
Josue Robles Jr.
Ruth G. Shaw
David A. Thomas
James H. Vandenberghe

Executive Committee:

Gerard M. Anderson

Chairman and Chief Executive Officer, DTE Energy

Steven E. Kurmas

Vice Chairman, DTE Energy

Jerry Norcia

President and Chief Operating Officer, DTE Energy

David E. Meador

Vice Chairman and Chief Administrative Officer, DTE Energy

Bruce Peterson

Senior Vice President and General Counsel, DTE Energy

Peter Oleksiak

Senior Vice President and Chief Financial Officer, DTE Energy

David Ruud

President, Power and Industrial, DTE Energy Resources

Larry Steward

Senior Vice President, Human Resources, DTE Energy

Lisa Muschong

Corporate Secretary and Chief of Staff, DTE Energy

Mark Stiers

President and Chief Operating Officer, DTE Gas

DTE Energy (NYSE:DTE) is a Detroit-based diversified energy company involved in the development and management of energy-related businesses and services nationwide.  Its operating units include an electric utility serving 2.2 million customers in Southeastern Michigan and a natural gas utility serving 1.2 million customers in Michigan. The DTE Energy portfolio includes non-utility energy businesses focused on power and industrial projects, natural gas pipelines, gathering and storage, and energy marketing and trading.  As one of Michigan's leading corporate citizens, DTE Energy is a force for growth and prosperity in the 450 Michigan communities it serves in a variety of ways, including philanthropy, volunteerism and economic progress. Information about DTE Energy is available at dteenergy.com, twitter.com/dte_energy and facebook.com/dteenergy.

DTE Energy has more than 10,000 employees in utility and non-utility subsidiaries involved in a wide range of energy-related businesses. The company's growing non-utility businesses are built around the strengths, skills and assets of DTE Energy's electric and gas utilities.

 

Our Utilities

 

DTE Electric generates, transmits and distributes electricity to 2.2 million customers in southeastern Michigan. With an 11,084 megawatt system capacity, the company uses coal, nuclear fuel, natural gas, hydroelectric pumped storage and renewable sources to generate its electrical output. Founded in 1903, DTE Electric is the largest electric utility in Michigan and one of the largest in the nation.

At 1.1 million kilowatts, the company's Fermi 2 nuclear power plant represents 30% of Michigan's total nuclear generation capacity. This single plant is capable of producing enough electricity to serve a city of about one million people. Fermi 2 has been providing reliable, cost-effective power to DTE Electric customers for more than 20 years. The plant also has been designated as one of the nation's best-performing nuclear facilities.

DTE Gas

DTE Gas is engaged in the purchase, storage, transmission, distribution and sale of natural gas to approximately 1.2 million customers in Michigan. The company owns and operates 278 storage wells representing approximately 34 percent of the underground working capacity in Michigan. There is more gas storage capacity in Michigan than in any other state. Founded in 1849, DTE Gas is one of the nation's largest natural gas utilities.

We also own Citizens Gas Fuel Company, a small natural gas utility serving customers in portions of Michigan's Lenawee county.

 

Our Non-Utility Businesses

 

DTE Biomass Energy

DTE Biomass Energy partners with landfill owners, operators and municipalities across the U.S. to produce renewable energy by capturing and using landfill gas.  It offers extensive experience and expertise in the acquisition, construction, development, ownership and operation of landfill gas recovery systems, landfill gas-to-energy facilities and carbon offset projects, providing environmentally sustainable products to the market.

DTE Energy Trading

DTE Energy Trading provides energy sourcing and management solutions for investor-owned gas and electric utilities, municipalities, electric cooperatives, independent power producers and retail energy suppliers. We manage a significant portfolio of gas transport and storage as well as power generation and transmission assets in the Midwest, Northeast and Texas markets.

DTE Gas Storage

DTE Gas Storage owns and operates 90 billion cubic feet of gas storage capacity. It's Washington 10 storage complex is connected to the Vector and DTE Gas Company pipelines, providing easy access to Midwest and Northeast markets.

DTE Pipeline Company

DTE Pipeline owns and manages a network of natural gas transmission pipelines serving the Midweat, Northeast and Ontario regions. Its key assets include the Vector Pipeline, Millennium Pipeline and Bluestone Gathering.

Power & Industrial Group

P&I provides products and services to energy intensive industrial, commercial and institutional customers across North America.  Its three distinct business lines provide Industrial Energy Services, Renewable Energy and Environmental Controls. Each business line tailors its product offerings to meet its customers' energy requirements.  P&I encompasses 69 projects in 17 states with 1,000 employees focused on three main business lines: Industrial Energy Services, Renewable Energy and Environmental Controls

Midwest Energy Resources Company

Midwest Energy Resources Co. (MERC) is a wholly owned subsidiary of DTE Electric Company.  It was formed in 1974 to provide DTE Energy with the lowest possible transportation cost for low-sulfur Western coal. MERC utilizes its Superior Midwest Energy Terminal in Superior, Wis., to facilitate an innovative rail-vessel transshipment system. MERC handles much of the Great Lakes market for low-sulfur Western coal.


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