DTE Energy Co. Outlook Is Revised To Positive From Stable On Improving Business Risk Profile; 'BBB+' Ratings Affirmed - S&P Global Ratings’ Credit Research

DTE Energy Co. Outlook Is Revised To Positive From Stable On Improving Business Risk Profile; 'BBB+' Ratings Affirmed

DTE Energy Co. Outlook Is Revised To Positive From Stable On Improving Business Risk Profile; 'BBB+' Ratings Affirmed - S&P Global Ratings’ Credit Research
DTE Energy Co. Outlook Is Revised To Positive From Stable On Improving Business Risk Profile; 'BBB+' Ratings Affirmed
Published Aug 19, 2013
1342 words — Published Aug 19, 2013
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Abstract:

We have revised the outlook to positive from stable on holding company DTE Energy Co. and its utility subsidiaries DTE Electric Co. and DTE Gas Co. We affirmed all of the short and long-term ratings including the 'BBB+' corporate credit rating. We've revised the business risk profile to 'excellent' and maintained the financial risk profile as 'significant'. The positive outlook on the ratings reflects Standard&Poor's base-case scenario that the company will continue to maintain its excellent business risk profile over the long-term by strategically deciding not to grow its energy trading business and that their regulatory risk remains low. NEW YORK (Standard&Poor's) Aug. 19, 2013--Standard&Poor's Ratings Services said today that it revised its outlook

  
Brief Excerpt:

RESEARCH DTE Energy Co. Outlook Is Revised To Positive From Stable On Improving Business Risk Profile; '###+' Ratings Affirmed Publication date: 19-Aug-2013 Primary Credit Analyst: Gabe Grosberg, New York (1) 212-438-6043; gabe.grosberg@standardandpoors...

  
Report Type:

Ratings Action

Ticker
Issuer
GICS
Multi-Utilities (55103010)
Sector
Global Issuers
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MLA:
S&P Global Ratings’ Credit Research. "DTE Energy Co. Outlook Is Revised To Positive From Stable On Improving Business Risk Profile; 'BBB+' Ratings Affirmed" Aug 19, 2013. Alacra Store. May 04, 2025. <http://www.alacrastore.com/s-and-p-credit-research/DTE-Energy-Co-Outlook-Is-Revised-To-Positive-From-Stable-On-Improving-Business-Risk-Profile-BBB-Ratings-Affirmed-1180808>
  
APA:
S&P Global Ratings’ Credit Research. (). DTE Energy Co. Outlook Is Revised To Positive From Stable On Improving Business Risk Profile; 'BBB+' Ratings Affirmed Aug 19, 2013. New York, NY: Alacra Store. Retrieved May 04, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/DTE-Energy-Co-Outlook-Is-Revised-To-Positive-From-Stable-On-Improving-Business-Risk-Profile-BBB-Ratings-Affirmed-1180808>
  
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