10-Q/APeriod: Q2 FY2009

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

Filed August 28, 2009For Securities:DTEDTKDTBDTGDTW

Summary

DTE Energy Company's (DTE) 10-Q filing for the period ending August 28, 2009, primarily consists of routine exhibits, indicating that the core financial and operational details are likely contained within other sections of the report not provided here. The included exhibits, such as the "Computation of Ratio of Earnings to Fixed Charges" and the "Chief Executive Officer Section 302 Form 10-Q," are standard disclosures for a public company of this nature. Investors should note that these exhibits, while important for regulatory compliance and assurance, do not directly present new financial performance data or strategic updates in themselves. A full understanding of DTE Energy's performance and outlook would require a review of the preceding financial statements, management's discussion and analysis, and other narrative sections within the complete 10-Q filing.

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

  • 1Filing includes standard regulatory exhibits: Computation of Ratio of Earnings to Fixed Charges and CEO Section 302 Certification.
  • 2The provided content is limited to exhibits, suggesting that detailed financial results and management commentary are in other sections of the report.
  • 3The Ratio of Earnings to Fixed Charges exhibit is crucial for assessing the company's ability to meet its debt obligations.
  • 4The CEO certification under Section 302 of the Sarbanes-Oxley Act attests to the accuracy of the financial reporting and internal controls.
  • 5No new financial performance data or strategic initiatives are directly presented in the provided exhibit list.
  • 6Investors should consult the full 10-Q filing for a comprehensive understanding of DTE Energy's financial health and operational performance.

Frequently Asked Questions

This exhibit is important because it demonstrates DTE Energy's ability to cover its fixed financing charges (like interest on debt) with its earnings. A higher ratio generally indicates a stronger financial position and a lower risk for bondholders and other creditors.

This certification means the CEO has reviewed the 10-Q filing and confirms that the financial statements are accurate, complete, and fairly present the company's financial condition and results of operations. It also attests to the effectiveness of internal controls over financial reporting.

The provided content only lists exhibits. While these exhibits are part of the 10-Q filing, they do not contain the actual financial statements or management's discussion and analysis. To understand the company's quarterly performance, investors would need to review the complete 10-Q document, which includes those detailed sections.