secwatch.observer — SEC 8-K summary
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Issuer:     DTE ENERGY CO (DTE)
CIK:        0000936340
Form:       8-K
Filed at:   2022-08-04T23:59:59+00:00
Accession:  0000936340-22-000183
Event type: earnings
Sentiment:  positive
Materiality: 0.30
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DTE Gas Q2 net income flat at $7M; six-month net income up 15% to $202M on higher revenues
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- Q2 2022 operating revenues $356M (+36% YoY); net income $7M (unchanged from Q2 2021).
- Six-month revenues $1.12B (+28% YoY); net income $202M (+15% from $175M in prior year).
- DTE Gas filed with MPSC to accelerate TCJA regulatory liability amortization by up to $20M in Q4 2023; would not affect customer rates.
- Capital expenditures $266M in first half 2022; parent contributed $60M equity during Q1.
- Customer base approximately 1.3 million across Michigan; allowance for doubtful accounts stood at $39M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/936340/000093634022000183/0000936340-22-000183-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/936340/000093634022000183/dte-20220804.htm
  HTML page:      https://secwatch.observer/filing/0000936340-22-000183

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