Article: DTE Energy - Value - Zacks Rank Buy

DTE Energy - Value - Zacks Rank Buy

DTE Energy ( DTE ) has surprised on estimates 3 out of the last 4 quarters by an average of 77.06%. The company recently raised 2009 earnings guidance. DTE Energy is trading with a forward P/E of 11.5.

Company Description

DTE Energy is an energy company that serves customers in Michigan. It operates Detroit Edison, which serves 2.2 million customers in Southeastern Michigan and MichCon, a natural gas utility providing energy to 1.2 million customers in Michigan.

It also operates other non-utility energy businesses that focus on gas pipelines and storage, coal transportation, power and industrial projects.

DTE Energy Raised ...

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