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DTE Energy Co. (NYSE:DTE) Seasonal Chart

Seasonal Chart Analysis

Analysis of the DTE Energy Co. (NYSE:DTE) seasonal charts above shows that a Buy Date of March 3 and a Sell Date of July 8 has resulted in a geometric average return of 2.92% above the benchmark rate of the S&P 500 Total Return Index over the past 20 years. This seasonal timeframe has shown positive results compared to the benchmark in 15 of those periods. This is a good rate of success and the return outperforms the relative buy-and-hold performance of the stock over the past 20 years by an average of 1.93% per year.

The seasonal timeframe correlates Poorly with the period of seasonal strength for the Utilities sector, which runs from July 23 to October 3. The seasonal chart for the broad sector is available via the following link: Utilities Sector Seasonal Chart.

DTE Energy owns two regulated utilities in Michigan that contribute 90% of earnings after the 2021 spin-off of DT Midstream. DTE Electric serves approximately 2.2 million customers in southeastern Michigan, including Detroit. DTE Gas serves 1.3 million customers throughout the state. In addition, DTE has nonutility businesses and investments including energy marketing and trading, renewable natural gas facilities, and on-site industrial energy projects.

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