10-QPeriod: Q2 FY2009

DTE ENERGY CO Quarterly Report for Q2 Ended Jun 30, 2009

Filed July 31, 2009For Securities:DTEDTKDTBDTGDTW

Summary

DTE Energy Company's Q2 2009 filing provides a snapshot of its financial performance and condition as of July 31, 2009. The report details the company's consolidated financial statements, including operations, financial position, cash flows, and changes in shareholders' equity. Management's Discussion and Analysis offers insights into the company's results of operations and financial condition, highlighting key trends and factors influencing performance during the quarter. Investors should pay close attention to the analysis of revenue, operating expenses, and net income, as well as the company's capital expenditures and financing activities. The filing also addresses market risks, legal proceedings, and risk factors that could impact future performance.

Financial Highlights

49 data points
Beta

Net Income

$83.00M

EPS (Diluted)

$0.51

Total Assets

$23.89B

Cash & Equivalents

$42.00M

Free Cash Flow

$462.00M

Financial Statements
Beta
Operating Expenses$1.47B
Operating Income$215.00M
Interest Expense$134.00M
Net Income$83.00M
EPS (Basic)$0.51
EPS (Diluted)$0.51
Shares Outstanding (Basic)164.00M
Shares Outstanding (Diluted)164.00M

Key Highlights

  • 1The report includes unaudited Consolidated Statements of Operations, Financial Position, Cash Flows, and Changes in Shareholders' Equity and Comprehensive Income for the period.
  • 2Management's Discussion and Analysis (MD&A) provides an in-depth look at the company's financial condition and results of operations.
  • 3The filing addresses Quantitative and Qualitative Disclosures About Market Risk, outlining the company's exposure to various market factors.
  • 4Item 1A, Risk Factors, details potential challenges and uncertainties that could affect DTE Energy's business and financial results.
  • 5Information on Legal Proceedings is presented in Item 1 of Part II, informing investors about any significant ongoing legal matters.
  • 6Exhibits are included in Item 6 of Part II, which may contain important contractual agreements or other relevant documents.

Frequently Asked Questions

This filing presents unaudited financial statements and management's analysis for the second quarter of 2009. Investors should review the Consolidated Statements of Operations, Financial Position, and Cash Flows, along with the MD&A, to understand the company's revenue, profitability, asset base, and cash generation during the period. Specific details on financial condition and results of operations will be found in Item 2.

Item 1A, Risk Factors, is crucial for understanding potential headwinds. This section will detail the various risks, such as regulatory changes, economic conditions, operational issues, and environmental regulations, that could materially affect the company's future performance and financial results.

Item 3, Quantitative and Qualitative Disclosures About Market Risk, provides details on the company's exposure to market risks, including interest rate, commodity price, and foreign currency risks, and how the company manages these exposures.

Item 1, Legal Proceedings, in Part II of the filing outlines any material pending legal actions. Investors should examine this section for information on litigation that could have a financial impact on the company.