Company Description
DTE Energy Company 2017 Series E 5.25% Junior Subordinated Debentures due 2077, trading under the symbol DTW on the New York Stock Exchange, represent a specific class of securities issued by DTE Energy Company. According to DTE Energy’s SEC filings, these debentures are listed alongside the company’s common stock and other junior subordinated debenture series, and are identified as a distinct security class under Section 12(b) of the Securities Exchange Act.
DTE Energy Company is incorporated in Michigan, as disclosed in multiple Form 8-K filings, and is associated with the electric services sector. The filings show that DTW is one of several long‑dated junior subordinated debenture series, with a stated 5.25% rate and a maturity date in 2077. These characteristics position DTW as a long‑term security within DTE Energy’s capital structure.
The company’s 8‑K reports indicate that DTE Energy uses a variety of financing tools, including common stock offerings and junior subordinated debentures such as DTW, to support general corporate purposes and potential investment in subsidiaries. DTW appears in the tables of securities registered pursuant to Section 12(b), confirming that it is an exchange‑listed security rather than an over‑the‑counter instrument.
In several 8‑K filings, DTW is referenced together with other DTE Energy securities, including common stock and other series of junior subordinated debentures. This repeated inclusion highlights DTW as a continuing part of the company’s registered securities lineup. The filings also show that DTE Energy communicates with investors through presentations, earnings‑related disclosures, and other regulatory reports, in which DTW is listed among the company’s outstanding securities.
Because DTW is a debt‑type security tied to DTE Energy Company, analysis of DTW often involves reviewing the issuer’s broader SEC filings. These filings can provide context on the company’s financial condition, capital markets activities, and other matters that may be relevant to holders or prospective buyers of the 2017 Series E 5.25% Junior Subordinated Debentures due 2077.
Security characteristics
Based on the SEC registration tables, DTW is described as "2017 Series E 5.25% Junior Subordinated Debentures due 2077" and is listed on the New York Stock Exchange. The description in the filings identifies the series, the interest rate, and the long‑term maturity date, which together define the basic terms of this security as disclosed to regulators.
Relationship to DTE Energy Company
The 8‑K reports show that DTW is issued by DTE Energy Company, a Michigan‑incorporated entity. In the same filings, DTE Energy also references its indirect wholly owned subsidiaries, such as DTE Gas Company and DTE Electric Company, when furnishing financial information or providing investor presentations. While those subsidiaries are discussed for financial reporting purposes, DTW itself is listed as a security of the parent company, DTE Energy Company.
Regulatory reporting and investor information
DTE Energy’s Form 8‑K filings demonstrate that the company periodically furnishes financial statements, investor slide presentations, and other disclosures to the Securities and Exchange Commission. In these documents, DTW is consistently included in the roster of securities registered under Section 12(b). This provides investors with confirmation of DTW’s listing status and its association with DTE Energy’s broader disclosure framework.
Some filings also describe equity distribution agreements and forward sale arrangements for DTE Energy common stock. Although these arrangements relate specifically to common equity, they illustrate how DTE Energy manages its capital markets activities alongside its existing securities, including junior subordinated debentures such as DTW.
Use of proceeds and capital structure context
In an 8‑K describing an equity distribution agreement, DTE Energy states that net proceeds from certain offerings, and from settlement of forward sale agreements, may be used for general corporate purposes, which may include investment in the company’s subsidiaries. While DTW is not the subject of that particular agreement, the filing provides insight into how DTE Energy approaches financing and capital allocation across its securities, including long‑dated junior subordinated debentures.
FAQs about DTE Energy Company 2017 Series E 5.25% Junior Subordinated Debentures due 2077 (DTW)
- What is DTW?
DTW is the New York Stock Exchange trading symbol for DTE Energy Company’s 2017 Series E 5.25% Junior Subordinated Debentures due 2077, as listed in the company’s SEC filings under securities registered pursuant to Section 12(b) of the Securities Exchange Act.
- Who is the issuer of DTW?
The issuer of DTW is DTE Energy Company, a corporation organized under the laws of Michigan, as stated in multiple Form 8‑K reports filed with the Securities and Exchange Commission.
- On which exchange does DTW trade?
According to DTE Energy’s 8‑K filings, the 2017 Series E 5.25% Junior Subordinated Debentures due 2077, trading under the symbol DTW, are listed on the New York Stock Exchange.
- How is DTW described in SEC filings?
In the tables of securities registered pursuant to Section 12(b) of the Exchange Act, DTW is described as "2017 Series E 5.25% Junior Subordinated Debentures due 2077" and is grouped with DTE Energy’s common stock and other junior subordinated debenture series.
- What sector is associated with DTW’s issuer?
DTE Energy Company is associated with the electric services sector, and DTW represents a security issued by this energy‑related company as reflected in its SEC filings.
- Where can information relevant to DTW holders be found?
Information relevant to DTW holders is typically contained in DTE Energy Company’s SEC filings, including Form 8‑K reports that list DTW among the company’s registered securities and provide broader context on the issuer’s financial reporting and capital markets activities.
- Does DTE Energy mention DTW in connection with its subsidiaries?
Yes. In several 8‑K filings where DTE Energy discusses financial statements of subsidiaries such as DTE Gas Company or DTE Electric Company, DTW is included in the list of DTE Energy securities registered under Section 12(b), linking the debentures to the parent company’s overall reporting.
- Is DTW referenced in DTE Energy’s investor presentations or guidance filings?
In 8‑K filings that describe investor meetings and operating earnings guidance, DTE Energy includes DTW in the standard table of securities registered pursuant to Section 12(b), indicating that DTW is part of the company’s listed security set when it communicates with investors.
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