other material
confidence high
sentiment negative
materiality 0.55
DTE Gas Q2 2026 net loss $4M vs profit $6M YoY; H1 net income $205M down from $211M
DTE ENERGY CO
- Q2 2026 net loss of $4M vs net income of $6M in Q2 2025; operating income fell to $23M from $35M.
- H1 2026 net income $205M vs $211M prior year; operating revenues up to $1,234M from $1,181M.
- Operating expenses increased: O&M $158M (Q2) vs $148M; depreciation $58M vs $54M.
- DTE Gas serves ~1.4M Michigan customers; regulated by MPSC and FERC.
- Cash from operations $619M H1 2026 vs $628M; capital expenditures $347M vs $276M.