secwatch.observer — SEC 8-K summary
======================================

Issuer:     DTE ENERGY CO (DTE)
CIK:        0000936340
Form:       8-K
Filed at:   2023-05-04T23:59:59+00:00
Accession:  0000936340-23-000105
Event type: other_material
Sentiment:  negative
Materiality: 0.50
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DTE Gas Q1 2023 revenue falls to $695M, net income down to $170M
----------------------------------------------------------------

- Revenue of $695M, down 8% from $756M in Q1 2022; net income of $170M, down 13%.
- Operating income $245M vs $275M YoY; cost of gas decreased to $246M from $273M.
- Cash from operations $402M (vs $344M); capex $168M, up from $119M.
- Parent DTE Energy contributed $216M in capital; dividends paid $47M.
- DTE Gas serves ~1.3M natural gas customers in Michigan, regulated by MPSC and FERC.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/936340/000093634023000105/0000936340-23-000105-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/936340/000093634023000105/dte-20230504.htm
  HTML page:      https://secwatch.observer/filing/0000936340-23-000105

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer