DTE Energy said DTE Gas's operating revenues for the 3 months ended June 30, 2025 were $313 million, compared with $285 million in the prior-year period, and net income was $6 million, compared with $12 million. Operating revenues for the 6 months were $1,181 million, compared with $990 million, and net income was $211 million, compared with $166 million.

1. 01

   DTE Energy said DTE Gas's operating revenues for the 3 months ended June 30, 2025 were $313 million, compared with $285 million in the prior-year period, and net income was $6 million, compared with $12 million. Operating revenues for the 6 months were $1,181 million, compared with $990 million, and net income was $211 million, compared with $166 million.

2. 02

   The company said net cash from operating activities for DTE Gas in the 6 months ended 2025 was $628 million, compared with $516 million in the prior-year period. It said plant and equipment expenditures were $276 million, notes receivable from affiliates were $270 million, capital contributions by the parent company were $50 million, and dividends paid on common stock were $110 million.

3. 03

   DTE Energy disclosed that DTE Gas's gas sales for the 6 months ended 2025 were $908 million, compared with $755 million, and for the 3 months were $225 million, compared with $198 million. Cost of gas for the 6 months was $369 million, compared with $293 million, and operation and maintenance was $302 million, compared with $261 million.

4. 04

   The company said DTE Gas maintains $300 million in unsecured revolving credit facilities expiring in October 2029, and as of June 30, 2025 had no commercial paper or revolving credit borrowings outstanding. It said the ratio of total funded debt to total capitalization on that date was 0.48 to 1, meeting the covenant maximum of 0.65 to 1.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.