earnings
confidence high
sentiment positive
materiality 0.65
DTE Gas 2021 net income $213M, operating revenue $1,532M, up 9.7% YoY
DTE ENERGY CO
- Net income $213M (2020: $186M); operating income $333M (2020: $306M).
- Utility margin $1,122M, up $72M driven by new rates ($75M) partially offset by weather ($7M).
- Capital expenditures $612M; long-term debt $2,056M; parent contributed $147M equity.
- Gas sales volumes 778 Bcf vs. 781 Bcf in 2020; end-user transportation down 8%.