DTE Gas 2023 net income $294M; files $266M rate case

DTE ENERGY CO

Net income $294M in 2023 vs $271M in 2022; operating income rose to $472M from $444M.
Revenue $1,726M, down 8.9% YoY due to lower gas cost recovery and unfavorable weather.
Filed rate case Jan 2024 seeking $266M base rate increase; MPSC order expected Nov 2024.
Voluntary separation program to incur $10-15M one-time costs in H1 2024 at DTE Gas.

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