Bulletin: DTE Energy's Sale Of Antrim Gas Properties Doesn't Affect Rating - S&P Global Ratings’ Credit Research

Bulletin: DTE Energy's Sale Of Antrim Gas Properties Doesn't Affect Rating

Bulletin: DTE Energy's Sale Of Antrim Gas Properties Doesn't Affect Rating - S&P Global Ratings’ Credit Research
Bulletin: DTE Energy's Sale Of Antrim Gas Properties Doesn't Affect Rating
Published May 21, 2007
Published May 21, 2007
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Abstract:

NEW YORK (Standard&Poor's) May 21, 2007--Standard&Poor's Ratings Services said today that DTE Energy Co.'s (BBB/Stable/A-2) announcement regarding the sale of the Antrim gas properties doesn't immediately affect its rating on the company. The sale should help to improve DTE Energy's business profile by reducing its proportion of nonregulated assets. In addition, some portion of the proceeds will be used to strengthen credit metrics.

  
Report Type:

Bulletin

Ticker
DTE
Issuer
DTE Energy Co.
GICS
Multi-Utilities (55103010)
Sector
Global Issuers
Country
United States
Region
United States
Format:
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Bulletin: DTE Energy's Sale Of Antrim Gas Properties Doesn't Affect Rating" May 21, 2007. Alacra Store. May 06, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-DTE-Energy-s-Sale-Of-Antrim-Gas-Properties-Doesn-t-Affect-Rating-579598>
  
APA:
S&P Global Ratings’ Credit Research. (). Bulletin: DTE Energy's Sale Of Antrim Gas Properties Doesn't Affect Rating May 21, 2007. New York, NY: Alacra Store. Retrieved May 06, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-DTE-Energy-s-Sale-Of-Antrim-Gas-Properties-Doesn-t-Affect-Rating-579598>
  
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