Summary: DTE Energy Co. - S&P Global Ratings’ Credit Research

Summary: DTE Energy Co.

Summary: DTE Energy Co. - S&P Global Ratings’ Credit Research
Summary: DTE Energy Co.
Published Dec 14, 2012
1901 words — Published Dec 14, 2012
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Abstract:

Standard&Poor's Ratings Services bases its ratings on DTE Energy Co. on its consolidated credit profile, which includes a "strong" business risk profile and "significant" financial risk profile under our criteria. The outlook is stable. The strong business risk profile assessment reflects DTE's strategy as a mostly monopolistic and lower-risk rate-regulated electric and natural gas distribution business that provides an essential service partially offset by the company's energy trading business. The significantly higher risks inherent within an energy trading business coupled with its lack of long-term predictable and stable cash flows, weakens the consolidated entity's business risk profile. We consider the financial risk profile for DTE significant, reflecting financial measures that are in line with the rating. In addition,

  
Brief Excerpt:

RESEARCH Summary: DTE Energy Co. Publication date: 14-Dec-2012 Primary Credit Analyst: Gabe Grosberg, New York (1) 212-438-1000; gabe_grosberg@standardandpoors.com Secondary Contact: Gerrit W Jepsen, CFA, New York (1) 212-438-1000;...

  
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Summary

Ticker
Issuer
GICS
Multi-Utilities (55103010)
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Global Issuers
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MLA:
S&P Global Ratings’ Credit Research. "Summary: DTE Energy Co." Dec 14, 2012. Alacra Store. May 04, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-DTE-Energy-Co-1049808>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: DTE Energy Co. Dec 14, 2012. New York, NY: Alacra Store. Retrieved May 04, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-DTE-Energy-Co-1049808>
  
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