DTE Energy Company
DTE Gas Company Quarterly Financial Results for Q2 2024
Summary
DTE Energy Company is furnishing the Securities and Exchange Commission with the unaudited consolidated financial statements of its indirect wholly-owned subsidiary, DTE Gas Company, for the quarter ended June 30, 2024. The financial statements, which are available on DTE Energy's website, report a net income of $12 million for the quarter, compared to $25 million in the same period last year. For the first half of 2024, DTE Gas Company reported a net income of $166 million, down from $195 million in 2023. The financial statements include the Consolidated Statements of Operations, Comprehensive Income, Financial Position, and Cash Flows for DTE Gas Company, along with detailed notes to the financial statements.
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About DTE Energy Company
DTE Energy Company is a diversified energy firm that operates primarily in the utilities sector, delivering essential services to millions of customers in the United States. The company is predominantly engaged in the generation and distribution of electricity and natural gas, serving both residential and commercial clients. DTE Energy's operations are divided into two main segments: DTE Electric and DTE Gas. DTE Electric focuses on generating and distributing electricity, utilizing a mix of energy sources, including renewables, to ensure reliable and sustainable power supply. Meanwhile, DTE Gas oversees the transmission and delivery of natural gas across its service regions. Additionally, DTE Energy is actively involved in non-utility energy businesses, which encompass various energy-related services such as power generation and industrial energy solutions. With headquarters in Detroit, Michigan, DTE Energy plays a vital role in the regional economy, supporting infrastructure development and providing energy security. The company's commitment to innovation and sustainability is evident in its efforts to transition to cleaner energy sources, aligning with broader industry trends towards environmental responsibility.
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