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DTE Energy Co. 8-K Report: Key Financial Updates & Debenture Insights

$DTE
Form 8-K
Filed on: 2025-01-07
Source
DTE Energy Co. 8-K Report: Key Financial Updates & Debenture Insights

The provided XML snippet appears to be an excerpt from a financial report (likely an SEC filing) for DTE Energy Co. Below are the key points extracted from the document:

  1. Entity Identification:
  • Company Name: DTE Energy Co.
  • CIK Number: 0000936340
  • State of Incorporation: Michigan (MI)
  • Federal Tax ID: 38-3217752
  • Address: One Energy Plaza, Detroit, MI 48226-1279
  • Contact Number: 313-235-4000
  1. Filing Type:
  • Form Type: 8-K (a report of unscheduled material events or corporate changes)
  1. Reporting Date:
  • Period Covered: January 7, 2025
  1. Stock Information:
  • Common Stock: Without par value, listed on the NYSE.
  • Debenture Series:
    • Series E: 5.25% Junior Subordinated Debentures due 2077 (Ticker: DTW)
    • Series G: 4.375% Junior Subordinated Debentures due 2080 (Ticker: DTB)
    • Series E (2021): 4.375% Junior Subordinated Debentures due 2081 (Ticker: DTG)
  1. Segments and Classifications:
  • The filing indicates various segments related to the structure of stock, including:
    • DTE Electric Member
    • Common Stock Member
    • Series E, G, and other Junior Subordinated Debentures
  1. Document Structure:
  • The document employs XBRL (eXtensible Business Reporting Language) for financial reporting, which allows for standardized data sharing and analysis.

Insights:

  • The focus on Junior Subordinated Debentures reflects DTE Energy's strategy of utilizing debt instruments to raise capital, which can indicate a potentially aggressive growth strategy or a response to capital needs.
  • The presence of multiple series of debentures with different maturity dates suggests diversified financing strategies aimed at managing interest rate risk over time.
  • The timing of the report (January 7, 2025) may imply that this filing is related to significant corporate events or financial updates that warrant disclosure to investors and stakeholders.

This summary encapsulates the significant elements of the financial report, providing a concise overview of DTE Energy Co.'s corporate and financial positioning as disclosed in the document.