Charles McClure - DTE Energy Independent Director
| DTE Stock | USD 106.48 1.21 1.15% |
Director
Mr. Charles G. McClure, Jr., is Independent Director of DTE Energy Co. He is Managing Partner of Michigan Capital Partners, a private equity firm he cofounded in 2014 that invests in Tier 2 and 3 global automotive and transportation suppliers with a manufacturing presence or headquarters in Michigan. Prior to that, Mr. McClure served as the Chairman of the Board, Chief Executive Officer and President of Meritor, Inc., a leading global supplier of drivetrain, mobility, braking and aftermarket solutions for commercial vehicle and industrial markets from 2004 through May 2013. Prior to this position, he served as CEO, president and a member of the board of FederalMogul Corporationration He joined FederalMogul in 2001 as president, COO and a member of the board. He also served as president, CEO and a member of the board of Detroit Diesel. He joined Detroit Diesel in 1997 after 14 years in a variety of management positions with Johnson Controls, including vice president and managing director of the companys European and South African operations and later became President of the companys Americas region. He has also previously held management positions at Hoover Universal and Ford as a heavyduty truck sales engineer and field service engineer. From 1975 to 1979, he served as an officer on a U.S. Navy destroyer. Mr. McClure holds a B.S. in mechanical engineering from Cornell University and a M.B.A. from the University of Michigan. In addition to his service on the Companys Board of Directors, he is a director of Penske Corporationrationration, Detroit Regional Chamber of Commerce and Invest Detroit, a trustee of Henry Ford Health Systems and a member of Business Leaders for Michigan. He is a past director of R.L. Polk and Company, General Cable, Remy International, the National Association of Manufacturers and the Business Roundtable. Mr since 2012.
| Age | 67 |
| Tenure | 12 years |
| Professional Marks | MBA |
| Address | One Energy Plaza, Detroit, MI, United States, 48226-1279 |
| Phone | 313 235 4000 |
| Web | https://www.dteenergy.com |
DTE Energy Management Efficiency
The company has Return on Asset of 0.0322 % which means that on every $100 spent on assets, it made $0.0322 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1302 %, implying that it generated $0.1302 on every 100 dollars invested. DTE Energy's management efficiency ratios could be used to measure how well DTE Energy manages its routine affairs as well as how well it operates its assets and liabilities. At present, DTE Energy's Return On Capital Employed is projected to slightly decrease based on the last few years of reporting. At present, DTE Energy's Other Current Assets are projected to increase significantly based on the last few years of reporting. The current year's Net Tangible Assets is expected to grow to about 11.4 B, whereas Non Current Assets Total are forecasted to decline to about 25.3 B.Similar Executives
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Management Performance
| Return On Equity | 0.13 | ||||
| Return On Asset | 0.0322 |
DTE Energy Leadership Team
Elected by the shareholders, the DTE Energy's board of directors comprises two types of representatives: DTE Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of DTE. The board's role is to monitor DTE Energy's management team and ensure that shareholders' interests are well served. DTE Energy's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, DTE Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Bill Chiu, Vice Technology | ||
| M Dimitry, Vice Development | ||
| Peter Dietrich, Senior Vice President and Chief Nuclear Officer | ||
| Marco Bruzzano, Senior Vice President - Corporate Strategy and Regulatory Affairs | ||
| Joi Harris, President and Chief Operating Officer - DTE Gas Company | ||
| Ryan Stowe, Vice President - Distribution Operations | ||
| Monique Wells, Director of Diversity, Equity and Inclusion | ||
| Tracy Myrick, Chief Accounting Officer | ||
| Peter Oleksiak, CFO, Sr. VP and Member of Internal Risk Management Committee | ||
| Paul Fessler, Chief Nuclear Officer | ||
| Barbara Tuckfield, Director - Investor Relations | ||
| Benjamin Felton, Senior Vice President Fossil Generation | ||
| Frank Fountain, Independent Director | ||
| Rodney Cole, President Foundation | ||
| David Slater, President - DTE Gas Storage and Chief Operating Officer. | ||
| Mark Rolling, Chief Accounting Officer, Vice President Controller | ||
| Cedric Flowers, Vice President - DTE Gas | ||
| Gary Torgow, Independent Director | ||
| Gail McGovern, Independent Director | ||
| David Thomas, Independent Director | ||
| Lynette Dowler, Vice President - Public Affairs and Presidentident - DTE Foundation | ||
| Trevor Lauer, President and Chief Operating Officer - DTE Electric Company | ||
| Donald Goshorn, Director Gas | ||
| Renee Tomina, Senior Vice President - Major Enterprise Projects | ||
| Heather Rivard, Senior Vice President - Distribution Operations | ||
| Tony Tomczak, Vice President - Electric Sales and Marketing | ||
| Steven Ambrose, Chief President | ||
| Charles McClure, Independent Director | ||
| Valerie Williams, Independent Director | ||
| James Vandenberghe, Independent Director | ||
| Mark Stiers, President and Chief Operating Officer of Power and Industrial and Energy Trading | ||
| Donna England, Chief Accounting Officer | ||
| JoAnn Chavez, Senior Vice President, Chief legal officer General Counsel, Ethics & Compliance and Corporate Security | ||
| David Ruud, Senior Vice President - Corporate Strategy and Development | ||
| Robert Skaggs, Independent Director | ||
| Matthew Paul, Vice President - Plant Operations, Fossil Generation Business | ||
| David Brandon, Independent Director | ||
| Frank Warren, Senior Vice President - Fossil Generation | ||
| Charles Pryor, Independent Director | ||
| Jeffrey Jewell, Chief Accounting Officer, Vice President Controller | ||
| Gerard Anderson, Chairman, CEO, Chairman of Internal Risk Management Committee and Group President of Energy Resources | ||
| Mark Murray, Independent Director | ||
| Jaspreet Singh, Vice President - Corporate Services | ||
| David Johnson, Senior Vice President - Customer Service and Economic Development | ||
| Lisa Muschong, Vice President, Chief of Staff, Corporate Secretary | ||
| Robert Richard, Executive Vice President - IT, Customer Service and Corporate Services | ||
| James Nicholson, Independent Director | ||
| Renze Hoeksema, Vice President - Government Affairs | ||
| Ruth Shaw, Lead Independent Director | ||
| Margret Asgeirsdottir, Director | ||
| Steven Kurmas, Pres and COO | ||
| Bruce Peterson, Sr. VP, General Counsel and Member of Internal Risk Management Committee | ||
| Paula Silver, Vice President - Corporate Communications | ||
| Gerardo Norcia, Group Pres and President of DTE Electric and Gas and Storage Pipelines and COO of DTE Electric and Gas and Storage Pipelines | ||
| David Meador, Vice Chairman, Chief Admin. Officer and Member of Internal Risk Management Committee | ||
| W Fountain, Independent Director | ||
| Josue Robles, Independent Director | ||
| Angela Buk, Chief Investment Officer | ||
| Naif Khouri, Senior Vice President | ||
| Christopher Allen, VP Treasurer | ||
| Larry Steward, Senior Vice President | ||
| Randall Rutkofske, Vice President Legal - Utility Operations |
DTE Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is DTE Energy a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.13 | ||||
| Return On Asset | 0.0322 | ||||
| Profit Margin | 0.11 % | ||||
| Operating Margin | 0.20 % | ||||
| Current Valuation | 42.25 B | ||||
| Shares Outstanding | 206.92 M | ||||
| Shares Owned By Insiders | 0.33 % | ||||
| Shares Owned By Institutions | 77.21 % | ||||
| Number Of Shares Shorted | 3.44 M | ||||
| Price To Earning | 19.93 X |
Pair Trading with DTE Energy
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if DTE Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in DTE Energy will appreciate offsetting losses from the drop in the long position's value.Moving together with DTE Stock
| 0.78 | D | Dominion Energy Financial Report 3rd of May 2024 | PairCorr |
| 0.86 | ES | Eversource Energy Financial Report 1st of May 2024 | PairCorr |
| 0.82 | FE | FirstEnergy Earnings Call This Week | PairCorr |
Moving against DTE Stock
| 0.58 | HE | Hawaiian Electric Buyout Trend | PairCorr |
| 0.44 | EDN | Empresa Distribuidora Financial Report 9th of May 2024 | PairCorr |
The ability to find closely correlated positions to DTE Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DTE Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back DTE Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling DTE Energy to buy it.
The correlation of DTE Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as DTE Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DTE Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for DTE Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DTE Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For information on how to trade DTE Stock refer to our How to Trade DTE Stock guide.You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Complementary Tools for DTE Stock analysis
When running DTE Energy's price analysis, check to measure DTE Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy DTE Energy is operating at the current time. Most of DTE Energy's value examination focuses on studying past and present price action to predict the probability of DTE Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DTE Energy's price. Additionally, you may evaluate how the addition of DTE Energy to your portfolios can decrease your overall portfolio volatility.
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Is DTE Energy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of DTE Energy. If investors know DTE will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about DTE Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.539 | Dividend Share 3.878 | Earnings Share 6.76 | Revenue Per Share 61.869 | Quarterly Revenue Growth (0.24) |
The market value of DTE Energy is measured differently than its book value, which is the value of DTE that is recorded on the company's balance sheet. Investors also form their own opinion of DTE Energy's value that differs from its market value or its book value, called intrinsic value, which is DTE Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because DTE Energy's market value can be influenced by many factors that don't directly affect DTE Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between DTE Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if DTE Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DTE Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.