Discontinued — last reported Q3 '24
Energy Trading — Non-utility operations
DTE Energy Energy Trading — Non-utility operations increased by 0.4% to $840M in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 5.9%, from $893M to $840M. Over 2 years (FY 2021 to FY 2023), Energy Trading — Non-utility operations shows a downward trend with a -17.8% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
Growth in this area indicates successful diversification into competitive markets, while a decline may suggest reduced appetite for non-regulated risk.
Detailed definition
This represents the financial results derived from business activities outside of the company's core regulated utility s...
Peer comparison
Many utilities maintain non-utility segments to capture higher-margin opportunities outside of rate-regulated environments.
dte_segment_energy_trading_non_utility_operationsHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.17B | $1.6B | $2.62B | $2.2B | $2.83B | $3.02B | $2.25B | $1.57B | $904M | $893M | $1.25B | $933M | $837M | $840M |
| QoQ Change | — | +37.3% | +63.7% | -16.0% | +28.6% | +6.8% | -25.6% | -30.3% | -42.3% | -1.2% | +39.6% | -25.2% | -10.3% | +0.4% |
| YoY Change | — | — | — | — | +142.7% | +88.8% | -14.3% | -28.8% | -68.1% | -70.5% | -44.6% | -40.5% | -7.4% | -5.9% |
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Frequently Asked Questions
- What is DTE Energy's energy trading — non-utility operations?
- DTE Energy (DTE) reported energy trading — non-utility operations of $840M in Q3 2024.
- How has DTE Energy's energy trading — non-utility operations changed year-over-year?
- DTE Energy's energy trading — non-utility operations decreased by 5.9% year-over-year, from $893M to $840M.
- What is the long-term trend for DTE Energy's energy trading — non-utility operations?
- Over 2 years (2021 to 2023), DTE Energy's energy trading — non-utility operations has grown at a -17.8% compound annual growth rate (CAGR), from $6.83B to $4.61B.
- What does energy trading — non-utility operations mean?
- Financial performance from business activities that are not part of the regulated utility operations.