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4-Traders Homepage  >  Equities  >  Nyse  >  DTE Energy Co    DTE

DTE ENERGY CO (DTE)
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100.03 USD   -0.04%
06/21DTE ENERGY : issues dividend
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DTE ENERGY : ICYMI: Kids Count Survey Show Huge Jump in Child Poverty

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08/18/2011 | 06:40pm CEST
Cuts To LIHEAP Would Make Situation Worse

Aug 18, 2011

DETROIT, Aug. 18, 2011 /PRNewswire/ -- The Annie E. Casey Foundation yesterday released its annual report on child poverty and Michigan ranks 30th in the nation.  Overall, 36 percent of Michigan children live in a jobless household, and Michigan has more children living with a parent who is unemployed than 46 other states.

The Coalition to Keep Michigan Warm has been working to raise awareness among federal and state elected officials about the challenges many of Michigan's low-income residents will face if federal energy assistance funding is cut in half as proposed.  This study further validates the coalition's effort to raise awareness on the need to sustain funding.

Facts

  • LIHEAP funds the majority of energy assistance that is available to Michigan's low-income households.
  • Households with incomes at or below 150 percent of poverty or 60 percent of the state median incomes, whichever is higher are eligible for assistance.
  • Of Michigan homes that received help, 20 percent had children under the age of 5.

To schedule an interview with a member of the Coalition to Keep Michigan Warm, e-mail [email protected]

SOURCE Coalition to Keep Michigan Warm

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Financials ($)
Sales 2018 11 918 M
EBIT 2018 1 635 M
Net income 2018 1 047 M
Debt 2018 14 189 M
Yield 2018 3,55%
P/E ratio 2018 17,40
P/E ratio 2019 16,24
EV / Sales 2018 2,70x
EV / Sales 2019 2,67x
Capitalization 18 019 M
Chart DTE ENERGY CO
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DTE Energy Co Technical Analysis Chart | DTE | US2333311072 | 4-Traders
Technical analysis trends DTE ENERGY CO
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TrendsNeutralBearishBearish
Income Statement Evolution
Consensus
Sell
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Mean consensus HOLD
Number of Analysts 12
Average target price 108 $
Spread / Average Target 7,7%
EPS Revisions
Managers
NameTitle
Gerard M. Anderson Chairman & Chief Executive Officer
Gerardo Norcia President & Chief Operating Officer
Peter B. Oleksiak Chief Financial Officer & Senior Vice President
Steven B. Ambrose Chief Information Officer & Vice President
David E. Meador Vice Chairman & Chief Administrative Officer
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