DTE Energy Company http://www.alacrastore.com/company-snapshot/DTE_Energy_Company-1004912 28 Nov 2009 06:57:12 EST 1004912 DTE Energy Company en AlacraStore RSS Builder 1.0 30 http://www.alacrastore.com/research/creditsights-Utilities_at_EEI_Drive_Bys-9177791777cs/91777normArticleTemplateIn the final installment of reports from EEI, we discuss companies that we visited with briefly: CEG, DTE, FPL, NVE, POM and SO.acohendmatthewssgreensteinconstellation_energydte_energyfplpepco_holdingssierra_pacific_powersouthern_companyconstellation_energydte_energyfplpepco_holdingssierra_pacific_powersouthern_companyunited_kingdomunited_kingdom9177725 Nov 2009 10:09:13 ESTYes91777150CreditSights Inceuropeunited_stateseuropeunited_stateselectricenergyutilitiesutilitieselectricenergyPublishedeuro_markets_issuershigh_yieldeuro_markets_issuershigh_yieldSectorCommentSector Analysis2214 Utilities at EEI: Drive-Bys In the final installment of reports from EEI, we discuss companies that we visited with briefly CEG's CFO did his own version of a drive-by at the formal presentation DTE is facing economic challenges in...a2aacquedotto_puglieseaesagbarallegheny_energyalliant_energyamerenamerican_electric_poweramerican_superconductoranglian_wateravistaberkshire_hathawayblack_hillsbritish_energycalpinece_casecnance_generationcenterpoint_energycentral_vermont_public_servicecentricach_energyclecocms_energyconsolidated_edisonconstellation_energydominion_resourcesdong_a_sdpldraxdte_energyduke_energydynegye_onedelnoredf_electricite_de_franceedison_internationaledison_spaedp_energias_de_portugalel_pasoel_paso_electricenbwendesa_saenecoenel_spaentergyessentevneweexelonfirstenergyfortumfplgas_natural_sdg_sagazpromgdf_suezgeneral_regreat_plains_energyiberdrolaintegrysinternational_poweritc_holdingskeldakeyspankinder_morganmattelmdu_resourcesmidamerican_energy_holdingsmidamerican_fundingmidlands_electricmirantnational_energy_gas_transmission_negtnational_fuel_gasnational_gridnational_rural_utilities_cooperative_financeniagra_mohawknisourcenortheast_utilitiesnorthern_gas_networksnorthumbrian_waternorthwesternnrg_energynstarnuonoge_energyoncorpennonpepco_holdingspgepinnacle_westpnm_resourcesportland_general_electricpplprogress_energypublic_service_enterprisepuget_energyred_electricareliant_energyrwesalton_seascanascottish_and_southern_energyscottish_powersempra_energysevern_trentsierra_pacific_powersouthern_companysouthern_unionsouthern_waterspectra_energysuez_environnementteco_energytennessee_valley_authorityternatexas_genco_hldgsthames_watertransaltatxu_energy_future_hldgsuil_holdingsunion_fenosaunisource_energyunited_utilitiesusecvattenfallvectrenveoliaverbundwales__west_utilitieswessex_waterwestar_resourceswgl_holdingswilliams_companieswisconsin_energyxcelCredit & Investment ResearchCreditSightsUS - DCP Midstream Partners LP definitively agreed to acquire certain natural gas gathering and treating assets from MichCon Pipeline Co, a Michigan-based provider of pipeline, infrastructure and gathering services and a unit of DTE Energy Co for USD ##.# mil in cash.20 Nov 2009 03:58:55 EST23311P59928J23311P233331DCP Midstream Partners LPMichcon Pipeline Co-Certain Natural Gas Gathering & Treating AssetsDCP Midstream Partners LPDTE Energy Cohttp://www.alacrastore.com/storecontent/Thomson_M%26A/DCP_Midstream_Partners_LP_acquires_Michcon_Pipeline_Co_Certain_from_DTE_Energy_Co-2129453020sdc/21294530202129453020Copyright © 2009, Thomson Financial, All Rights ReservedNew YorkElectric, Gas, and Water DistributionUnited StatesNatural gas transmission4922COColoradoPublicDPM1321:Natural gas liquids4922:Natural gas transmission1321:Natural gas liquids4922:Natural gas transmissionElectric, Gas, and Water DistributionUnited StatesNatural gas distribution4924MIMichiganSubsidiary938313002Pvd natural gas gathering svcsPvd elec svcsCashCash OnlyAssets1117504001Nov 20 20090.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000US30 Sep 090.000004.27000114.600000.000001017.500001383.60000U.S. Dollar0.000001.000002.000003.000004.000005.00000Provide natural gas andnatural gas liquids gathering,processing, transportation,and marketing services;wholesale propaneProvide natural gas and natural gas liquids gathering,processing, transportation, and marketing services;wholesale propaneProvide natural gas and natural gas liquids gathering, processing, transportation, and marketing services; wholesale propane1.000002.000003.00000Certain natural gas gatheringand treating assets of MichconPipeline Co based in Michigan.Certain natural gas gathering and treating assets of MichconPipeline Co based in Michigan.Certain natural gas gathering and treating assets of Michcon Pipeline Co based in Michigan.0.000000.000000.000000.00000NU.S. Dollar18 Nov 09Wed, 18 Nov 2009 00:00:00 ESTDate Announced: 11/18/2009Date Effective:Acq. Cert. Asts.Friendly0.000000.000000.000000.000000.000000.00000Price/Share0.0000045.1 U.S. Dollar45.100000.0000045.1 U.S. Dollar45.100000.000000.000000.000000.0000045.1000045.1 U.S. Dollar1.00000N26.932000.000000.000000.000000.000000.0000045.1000045.100000.000000.000000.000000.000000.000000.000000.000000.00000100.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.000006.000007.000008.000009.0000010.00000US - DCP Midstream PartnersLP definitively agreed toacquire certain natural gasgathering and treating assetsfrom MichCon Pipeline Co, aMichigan-based provider ofpipeline, infrastructure andgathering services and a unitof DTE Energy Co for USD 45.1mil in cash.US - DCP Midstream Partners LP definitively agreed to acquire certain natural gas gathering and treating assets from MichCon Pipeline Co, a Michigan-based provider of pipeline, infrastructure and gathering services and a unit of DTE Energy Co for USD 45.1 mil in cash.US - DCP Midstream Partners LP definitively agreed to acquire certain natural gasgathering and treating assets from MichCon Pipeline Co, a Michigan-based provider ofpipeline, infrastructure and gathering services and a unit of DTE Energy Co for USD 45.1mil in cash.US - DCP Midstream Partners LP definitively agreed to acquire certain natural gas gathering and treating assets from MichCon Pipeline Co, a Michigan-based provider of pipeline, infrastructure andgathering services and a unit of DTE Energy Co for USD 45.1 mil in cash.US - DCP Midstream Partners LP definitively agreed to acquire certain natural gas gathering and treating assets from MichCon Pipeline Co,a Michigan-based provider of pipeline, infrastructure and gathering services and a unit of DTE Energy Co for USD 45.1 mil in cash.Pending564.20000114.600001017.500001383.600000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000Status:Pending-999.00000np0.00000-999.00000np0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000004922:Natural gas transmission4924:Natural gas distribution938313002New YorkUnited States4922ColoradoPublicDPM1221:Bituminous coal and lignite surface mining4911:Electric services4925:Gas production and/or distribution4931:Electric and other services combined4953:Refuse systems6719:Offices of holding companies, nec8711:Engineering services359224001New YorkUnited States4911MichiganPublicDTE45.1000045.1000045.1000026.93200Deal InformationTF Mergers & Acquisitionshttp://www.alacrastore.com/research/s-and-p-credit-research-Summary_DTE_Energy_Co-757039757039spcred/757039normglobal12 Nov 2009 03:28:00 EST175SummaryThe latest Summary from S&PUnited StatesMulti-UtilitiesEmerging MarketsEurope, Middle East, AfricaLatin AmericaUnited StatesGlobal IssuersSummaryUSA23333155103010 551030 5510 55DTE Energy Co.304105EMERGINGEUROMIDAFRDTESUMMARYCORPElectricGLOBISSUTILUSALATAMERICACredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/research/creditsights-Utilities_3Q09_Midwest_Earnings_Recap-9064590645cs/90645normArticleTemplateWe discuss the earnings results from utilities in the Midwest. AEE & OGE beat street estimates, while DTE, GXP, WR and CMS all missed.acohendmatthewssgreensteinamerencms_energydte_energygreat_plains_energyoge_energywestar_resourcesamerencms_energydte_energygreat_plains_energyoge_energywestar_resources9064502 Nov 2009 03:10:35 ESTYes90645150CreditSights Incunited_statesunited_stateselectricenergyutilitiesutilitieselectricenergyPublishedcompanies_withnvertiblesearningshigh_yieldcompanies_withnvertiblesearningshigh_yieldEarningsNoteEarnings Note2143 Utilities: #Q## Midwest Earnings Recap We discuss the earnings results from utilities in the Midwest AEE & OGE beat street estimates, while DTE, GXP, WR and CMS all missed We intend to follow up with all of these companies at the...a2aacquedotto_puglieseaesagbarallegheny_energyalliant_energyamerenamerican_electric_poweramerican_superconductoranglian_wateravistaberkshire_hathawayblack_hillsbritish_energycalpinece_casecnance_generationcenterpoint_energycentral_vermont_public_servicecentricach_energyclecocms_energyconsolidated_edisonconstellation_energydominion_resourcesdong_a_sdpldraxdte_energyduke_energydynegye_onedelnoredf_electricite_de_franceedison_internationaledison_spaedp_energias_de_portugalel_pasoel_paso_electricenbwendesa_saenecoenel_spaentergyessentevneweexelonfirstenergyfortumfplgas_natural_sdg_sagazpromgdf_suezgeneral_regreat_plains_energyiberdrolaintegrysinternational_poweritc_holdingskeldakeyspankinder_morganmattelmdu_resourcesmidamerican_energy_holdingsmidamerican_fundingmidlands_electricmirantnational_energy_gas_transmission_negtnational_fuel_gasnational_gridnational_rural_utilities_cooperative_financeniagra_mohawknisourcenortheast_utilitiesnorthern_gas_networksnorthumbrian_waternorthwesternnrg_energynstarnuonoge_energyoncorpennonpepco_holdingspgepinnacle_westpnm_resourcesportland_general_electricpplprogress_energypublic_service_enterprisepuget_energyred_electricareliant_energyrwesalton_seascanascottish_and_southern_energyscottish_powersempra_energysevern_trentsierra_pacific_powersouthern_companysouthern_unionsouthern_waterspectra_energysuez_environnementteco_energytennessee_valley_authorityternatexas_genco_hldgsthames_watertransaltatxu_energy_future_hldgsuil_holdingsunion_fenosaunisource_energyunited_utilitiesusecvattenfallvectrenveoliaverbundwales__west_utilitieswessex_waterwestar_resourceswgl_holdingswilliams_companieswisconsin_energyxcelCredit & Investment ResearchCreditSightshttp://www.alacrastore.com/storecontent/ccbn/B2455940B2455940ccbn/B2455940norm30 Oct 2009 12:08:00 EST2455940Edited Brief of DTE earnings conference call or presentation, 30-Oct-09 9:00am ETDTE Energy Company54.0000EditedDTE Energy Company Q3 2009 Earnings Conference Call SummaryDTE9:00am ETBrief...David Meador DTE Energy Company - CFO Peter Oleksiak DTE Energy Company - VP and Controller Nick Khouri DTE Energy Company - VP and Treasurer... Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/ccbn/T2455940T2455940ccbn/T2455940norm30 Oct 2009 11:08:00 EST2455940Final Transcript of DTE earnings conference call or presentation, 30-Oct-09 9:00am ETDTE Energy Company54.0000FinalDTE Energy Company Q3 2009 Earnings Conference Call TranscriptDTE9:00am ETTranscript...David Meador DTE Energy Company - CFO Peter Oleksiak DTE Energy Company - VP and Controller Nick Khouri DTE Energy Company - VP and Treasurer... Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/research/creditsights-DTE_Energy_Balance_Sheet_Strength_or_Strife-9006990069cs/90069normArticleTemplateDTE Energy held an analyst conference in Detroit, Michigan. Management was quite positive, but we find it difficult to believe that DTE's utility subsidiaries can continue unscathed going forward.acohendmatthewssgreensteindte_energydte_energy9006921 Oct 2009 03:08:23 ESTYes90069150CreditSights Incunited_statesunited_stateselectricenergyutilitieselectricenergyutilitiesPublishedcompanies_withnvertiblescompanies_withnvertiblesCompanyCommentCompany Analysis1733 DTE Energy: Balance Sheet Strength or Strife? Management expressed its determination to keep DTE's balance sheet in order A guest speaker from the auto industry was quite bullish on the sector We find it difficult to believe that...Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/storecontent/ccbn/T2409245T2409245ccbn/T2409245norm09 Sep 2009 02:06:00 EST2409245Final Transcript of DTE presentation, 9-Sep-09 11:45am ETDTE Energy Company54.0000FinalDTE Energy Company at Barclays Capital 2009 CEO Energy Conference TranscriptDTE11:45am ETTranscript...Dan Ford - Barclays Capital - Analyst Hello, everyone. We are ready to get started again. Our next presentation is going to be from DTE Energy. Dave Meador, Chief Financial officer, will take us through the story. Dave? Dave Meador - DTE Energy Company - EVP & CFO Thanks, Dan, and thank you for joining us today. As I was preparing for this conference I was thinking about last year and just what an extraordinary year it has been for all of us. When I presented last year it was the last Lehman conference and it seemed like within days after this conference a year ago is really when things started unraveling on many fronts in the financial markets and then ultimately in the manufacturing sector. Looking back, I believe that DTE has demonstrated its ability to successfully navigate this difficult time with very arguably good results that we are producing this year. Let me start with an overview on slide four. DTE is an integrated utility company and energy company; ##% of our earnings is derived... Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/research/creditsights-DTE_Energy_MichCon_Receives_Uncollectable_Srchg-8834888348cs/88348normWWTemplatesgreensteindte_energy8834826 Aug 2009 11:10:26 ESTYes88348150CreditSights Incunited_stateselectricutilitiesenergyPublishedcompanies_withnvertiblesWorthWatchingWorth Watching157 DTE Energy: MichCon Receives Uncollectable Srchg. DTE Energy (DTE: Baa#/BBB-) subsidiary Michigan Consolidated Gas Co. will charge the average residential customer $#.##/month more to make up for unpaid bills owed by other customers,...Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/research/creditsights-DTE_2Q09_Tearsheet-8814188141cs/88141normTearsheetTemplatedmatthewssgreensteinacohendte_energy8814124 Aug 2009 04:09:05 ESTYes88141150CreditSights Incunited_stateselectricutilitiesenergyPublishedcompanies_withnvertiblesTearsheetTearsheet775 DTE #Q## Tearsheet DTE has been an improving credit, but auto industry related problems and the MI economy are cause for concern. DTE's Detroit Edison has benefited from a more level playing field in recent years, but that may change...Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/research/creditsights-DTE_Energy_2Q09_Cuts_2009_Retail_Sales_Forecast-8727987279cs/87279normArticleTemplateDTE Energy reported operating earnings for the second quarter 2009 of $92 million, or $0.56/shr, beating estimates of $0.23/shr. Management now expects sales will fall 8% in 2009, up from 6%. We remain Underweight DTE Energy debt and CDS.dmatthewssgreensteinacohendte_energy8727903 Aug 2009 03:10:28 ESTYes87279150CreditSights Incunited_stateselectricenergyutilitiesPublishedearningscompanies_withnvertiblesEarningsNoteEarnings Note942 DTE Energy #Q##: Cuts #### Retail Sales Forecast DTE Energy reported operating earnings for the second quarter #### of $## million, or $#.##/shr, beating estimates of $#.##/shr Management revised its retail sales projection to an #%...Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/storecontent/ccbn/B2340682B2340682ccbn/B2340682norm31 Jul 2009 11:07:00 EST2340682Edited Brief of DTE earnings conference call or presentation, 31-Jul-09 8:30am ETDTE Energy Company54.0000EditedDTE Energy Company Q2 2009 Earnings Conference Call SummaryDTE8:30am ETBrief...Dan Eggers Credit Suisse - Analyst Paul Ridzon KeyBanc - Analyst Neil Stein Levin Capital - Analyst Mark Segal Cannacord Adams - Analyst Danielle Seitz Dudack Research Group - Analyst OVERVIEW... Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/ccbn/T2340682T2340682ccbn/T2340682norm31 Jul 2009 11:07:00 EST2340682Final Transcript of DTE earnings conference call or presentation, 31-Jul-09 8:30am ETDTE Energy Company54.0000FinalDTE Energy Company Q2 2009 Earnings Conference Call TranscriptDTE8:30am ETTranscript...Dan Eggers Credit Suisse - Analyst Paul Ridzon KeyBanc - Analyst Neil Stein Levin Capital - Analyst Mark Segal Cannacord Adams - Analyst Danielle Seitz Dudack Research Group - Analyst P R E S E N T A T I O N... Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/research/creditsights-Utilities_Nuclear_Power_The_Prodigal_Returns-5223152231cs/52231normArticleTemplateA synopsis of last month's NEI conference and its meaning for the future of nuclear energy in the US.dmatthewscshinsgreensteinexelondte_energyentergytennessee_valley_authority5223129 Jun 2009 05:15:18 ESTYes52231150CreditSights IncutilitiesenergyPublishednuclear_powerSectorCommentSector Article2442 Utilities: Nuclear Power - The Prodigal Returns After years in exile, nuclear power is making a real comeback The Nuclear Energy Institute's annual briefing highlighted nuclear power's newly restored status as a generation source ...Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/research/creditsights-Key_Signal_Reviews_DTE_5_27_2009-8471484714cs/84714normArticleTemplateWe use BondScore's Normalized Relative Value (NRV) trading indicator to highlight an underperform signal for DTE Energy (DTE) CDS & cash debt on 5/27/2009. Our Utilities analyst Dot Matthews is in agreement with the underperform signal.creditsights_staffdte_energy8471401 Jun 2009 05:10:11 ESTYes84714150CreditSights Incunited_statesenergyelectricutilitiesPublishedbondscorecompanies_withnvertiblesKeySignalReviewKey Signal Reviews1202 Key Signal Reviews: DTE #/##/#### We use BondScore's Normalized Relative Value (NRV) trading indicator to highlight an underperform signal for DTE Energy (DTE) CDS & cash debt on #/##/####. Our Utilities analyst Dot Matthews is in...Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/storecontent/moodys/COP_600020607COP_600020607moodys/COP_600020607html30 May 2009 12:30:18 ESThtmlDTE Energy CompanyDTE Energy Company600020607150.000029 May 2009NewsCredit OpinionCGlobal Credit Research Credit Opinion ## MAY #### Credit Opinion: DTE Energy Company DTE Energy Company Detroit, Michigan, United States Ratings Category Moody's Rating Outlook Stable Sr Unsec Bank Credit Facility Baa# Senior Unsecured...Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/spcred/724331724331spcred/724331normglobalpubfin28 May 2009 01:41:48 EST400Full ReportThe latest Full Report from S&PUnited StatesMulti-UtilitiesEmerging MarketsEurope, Middle East, AfricaLatin AmericaUnited StatesGlobal IssuersPublic FinanceFull ReportUSA23333155103010 551030 5510 55DTE Energy Co.304105EMERGINGEUROMIDAFRLATAMERICAUSADTEFULLUSA25084725085A25085B25085J25085K59445759445R59445S59445V59446A55101010 551010 5510 5555102010 551020 5510 55Detroit Edison Co.Michigan Consolidated Gas Co.100660101498USA16034ZMCN1CORPElectricFIGasGLOBISSPUBFINUTILCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/724333724333spcred/724333normglobal28 May 2009 01:41:00 EST175SummaryThe latest Summary from S&PUnited StatesMulti-UtilitiesEmerging MarketsEurope, Middle East, AfricaLatin AmericaUnited StatesGlobal IssuersSummaryUSA23333155103010 551030 5510 55DTE Energy Co.304105EMERGINGEUROMIDAFRLATAMERICAUSADTESUMMARYCORPElectricGLOBISSUTILCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/723609723609spcred/723609normglobal22 May 2009 03:22:00 EST100NewsThe latest News from S&PUnited StatesMulti-UtilitiesEmerging MarketsEurope, Middle East, AfricaLatin AmericaUnited StatesGlobal IssuersNewsUSA23333155103010 551030 5510 55DTE Energy Co.304105EMERGINGEUROMIDAFRLATAMERICAUSADTENEWSCORPElectricGLOBISSUTILCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/723610723610spcred/723610normglobalpubfin22 May 2009 03:22:00 EST175Research UpdateThe latest Research Update from S&PUnited StatesMulti-UtilitiesEmerging MarketsGlobal IssuersPublic FinanceResearch UpdateUSA23333155103010 551030 5510 55DTE Energy Co.304105EMERGINGEUROMIDAFRLATAMERICADTERESUPDUSA23333Q23334U25084755101010 551010 5510 5555102010 551020 5510 55Detroit Edison Co.DTE Energy Trust IDTE Energy Trust IIMichigan Consolidated Gas Co.100660101498358174358320USA16034ZMCN1CORPElectricFIGasGLOBISSPUBFINUTIL59446A59445V59445S59445R59445725085K25085J25085B25085AUnited StatesLatin AmericaEurope, Middle East, AfricaUSACredit & Investment ResearchS&P Credit Research