DTE Gas Company, a subsidiary of DTE Energy, reported a narrowed net loss for the third quarter of 2026, supported by higher operating revenues. The results come as the company secured a material regulatory victory with the approval of a significant annual revenue increase to support infrastructure modernization.
Key Highlights
- Net loss narrowed to $29 million in the third quarter of 2026 compared to a $36 million loss in the prior year period.
- Operating revenues grew to $211 million, up from $207 million in the third quarter of 2025.
- The Michigan Public Service Commission approved a $149 million annual revenue increase effective October 1, 2026, with a 9.8% authorized return on equity.
- Capital expenditures for the first nine months of 2026 totaled $580 million, primarily directed toward gas infrastructure safety and reliability.