10-QPeriod: Q2 FY2008

DTE ENERGY CO Quarterly Report for Q2 Ended Jun 30, 2008

Filed August 8, 2008For Securities:DTEDTKDTBDTGDTW

Summary

DTE Energy Company's (DTE) 10-Q filing for the period ending August 8, 2008, provides a quarterly update on its financial performance and operational landscape. Investors should note that the report contains unaudited financial statements, which are subject to normal year-end audit adjustments. The filing details DTE's Consolidated Statements of Operations, Financial Position, Cash Flows, and Changes in Shareholders' Equity, offering a comprehensive view of its financial health during the period. The Management's Discussion and Analysis (MD&A) section is crucial for understanding the drivers behind the reported financial results. It will likely shed light on key operational segments, revenue generation, cost structures, and any significant events or trends impacting the company's performance. Investors should pay close attention to the risk factors and legal proceedings outlined in Part II, as these can represent potential headwinds or uncertainties for the company and its future profitability.

Financial Statements
Beta
Operating Expenses$2.09B
Operating Income$157.00M
Interest Expense$122.00M
Net Income$28.00M
EPS (Basic)$0.17
EPS (Diluted)$0.17
Shares Outstanding (Basic)163.00M
Shares Outstanding (Diluted)163.00M

Key Highlights

  • 1The report presents unaudited Consolidated Financial Statements for the period ending August 8, 2008, encompassing Statements of Operations, Financial Position, Cash Flows, and Changes in Shareholders' Equity.
  • 2Management's Discussion and Analysis (MD&A) is a key section for understanding the company's performance drivers and financial condition.
  • 3The filing includes Quantitative and Qualitative Disclosures About Market Risk, which is important for assessing potential financial exposures.
  • 4Part II of the filing contains important information regarding Legal Proceedings and Risk Factors that could impact DTE Energy's operations and financial results.
  • 5Details on Unregistered Sales of Equity Securities and Use of Proceeds, along with submission of matters to a vote of security holders, provide insights into corporate governance and financing activities.

Frequently Asked Questions

This filing includes unaudited Consolidated Statements of Operations, Consolidated Statements of Financial Position, Consolidated Statements of Cash Flows, and Consolidated Statements of Changes in Shareholders' Equity and Comprehensive Income.

The 'Management's Discussion and Analysis of Financial Condition and Results of Operations' (Item 2) section is the primary source for understanding the company's performance drivers, operational trends, and significant events.

Investors can find information on potential risks in 'Item 1A. Risk Factors' and details on ongoing legal matters in 'Item 1. Legal Proceedings'.

No, the financial statements presented in this 10-Q filing are unaudited and are subject to normal year-end audit adjustments.