Charles McClure - DTE Energy Independent Director

DTE Stock  USD 116.60  0.18  0.15%   

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 MarksMBA
Address One Energy Plaza, Detroit, MI, United States, 48226-1279
Phone313 235 4000
Webhttps://www.dteenergy.com
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 Company Board of Directors, he is a director of Penske Corporationrationrationration, Remy International, Detroit Regional Chamber of Commerce, 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, the National Association of Manufacturers and the Business Roundtable.

DTE Energy Management Efficiency

The company has Return on Asset of 0.0299 % which means that on every $100 spent on assets, it made $0.0299 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1159 %, implying that it generated $0.1159 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.
The company has 20.97 B in debt with debt to equity (D/E) ratio of 2.22, meaning that the company heavily relies on borrowing funds for operations. DTE Energy has a current ratio of 0.77, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist DTE Energy until it has trouble settling it off, either with new capital or with free cash flow. So, DTE Energy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like DTE Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for DTE to invest in growth at high rates of return. When we think about DTE Energy's use of debt, we should always consider it together with cash and equity.

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The companys Electric segment generates, purchases, distributes, and sells electricity to approximately 2.3 million residential, commercial, and industrial customers in southeastern Michigan. The company was founded in 1903 and is headquartered in Detroit, Michigan. Dte Energy operates under UtilitiesRegulated Electric classification in the United States and is traded on New York Stock Exchange. It employs 10400 people. DTE Energy (DTE) is traded on New York Stock Exchange in USA. It is located in One Energy Plaza, Detroit, MI, United States, 48226-1279 and employs 9,608 people. DTE Energy is listed under Multi-Utilities category by Fama And French industry classification.

Management Performance

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.
James Vandenberghe, Independent Director
Mark Stiers, President and Chief Operating Officer of Power and Industrial and Energy Trading
Bill Chiu, Vice Technology
JoAnn Chavez, Senior Vice President, Chief legal officer General Counsel, Ethics & Compliance and Corporate Security
M Dimitry, Vice Development
Peter Dietrich, Senior Vice President and Chief Nuclear Officer
David Ruud, Senior Vice President - Corporate Strategy and Development
Robert Skaggs, Independent Director
Marco Bruzzano, Senior Vice President - Corporate Strategy and Regulatory Affairs
Matthew Paul, Vice President - Plant Operations, Fossil Generation Business
David Brandon, Independent Director
Joi Harris, President and Chief Operating Officer - DTE Gas Company
Ryan Stowe, Vice President - Distribution Operations
Gerard Anderson, Chairman, CEO, Chairman of Internal Risk Management Committee and Group President of Energy Resources
Mark Murray, Independent Director
Monique Wells, Director of Diversity, Equity and Inclusion
Jaspreet Singh, Vice President - Corporate Services
Tracy Myrick, Chief Accounting Officer
Lisa Muschong, Vice President, Chief of Staff, Corporate Secretary
Paul Fessler, Chief Nuclear Officer
Robert Richard, Executive Vice President - IT, Customer Service and Corporate Services
Barbara Tuckfield, Director - Investor Relations
Ruth Shaw, Lead Independent Director
Benjamin Felton, Senior Vice President Fossil Generation
Margret Asgeirsdottir, Director
Rodney Cole, President Foundation
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 Slater, President - DTE Gas Storage and Chief Operating Officer.
David Meador, Vice Chairman, Chief Admin. Officer and Member of Internal Risk Management Committee
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
Angela Buk, Chief Investment Officer
Lynette Dowler, Vice President - Public Affairs and Presidentident - DTE Foundation
Christopher Allen, VP Treasurer
Trevor Lauer, President and Chief Operating Officer - DTE Electric Company
Donald Goshorn, Director Gas
Renee Tomina, Senior Vice President - Major Enterprise Projects
Tony Tomczak, Vice President - Electric Sales and Marketing
Steven Ambrose, Chief President
Charles McClure, Independent Director
Valerie Williams, Independent Director

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.

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether DTE Energy is a strong investment it is important to analyze DTE Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact DTE Energy's future performance. For an informed investment choice regarding DTE Stock, refer to the following important reports:
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 Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.

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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
(0.30)
Dividend Share
3.948
Earnings Share
6.11
Revenue Per Share
59.252
Quarterly Revenue Growth
(0.14)
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.