Discontinued — last reported Q3 '24
DTE Energy Energy Trading — Net Income Attributable to DTE Energy Company increased by 7.7% to $42.00M in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 35.4%, from $65.00M to $42.00M. This is a positive signal — higher values indicate stronger performance for this metric.
Higher net income indicates strong operational efficiency and successful market positioning within the trading segment.
This metric measures the bottom-line profitability of the energy trading segment after all operating expenses, taxes, an...
Trading segment profitability is typically more cyclical and volatile than the earnings from regulated utility operations.
dte_segment_energy_trading_net_income_attributable_to_dte_energy_company| Q2 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$66.00M | -$9.00M | -$127.00M | $56.00M | -$12.00M | $138.00M | $31.00M | $65.00M | $102.00M | $1.00M | $39.00M | $42.00M |
| QoQ Change | — | +86.4% | <-999% | +144.1% | -121.4% | >999% | -77.5% | +109.7% | +56.9% | -99.0% | >999% | +7.7% |
| YoY Change | — | — | -92.4% | — | — | >999% | +124.4% | +16.1% | +950.0% | -99.3% | +25.8% | -35.4% |