DTE Energy Company (DTE) - NYSE
  • Nov. 19, 2012, 4:54 PM

    Atlas Resource Partners (ARP) agrees to acquire Barnett Shale and Marble Falls assets in Texas from DTE Energy (DTE) for ~$255M. ARP increases 2013 distribution guidance and expects immediately accretive cash flow from the added oil and natural gas production, which averaged ~3,800 boe/day YTD. To fund the deal, ARP announces a public offering of 6.8M common units. ARP -2.9% AH.

    | Nov. 19, 2012, 4:54 PM
Company Description
DTE Energy Co. is a diversified energy company, which is primarily engaged in the business of providing electricity and natural gas sales, distribution and storage services throughout Michigan through its subsidiaries. It operates through the following segments: DTE Electric, DTE Gas and Other.... More
Sector: Utilities
Industry: Electric Utilities
Country: United States