10-QPeriod: Q1 FY2010

DTE ENERGY CO Quarterly Report for Q1 Ended Mar 31, 2010

Filed April 29, 2010For Securities:DTEDTKDTBDTGDTW

Summary

DTE Energy Company's Q1 2010 10-Q filing reveals a company navigating a dynamic economic environment. The report details the company's financial performance and operational highlights for the period ending March 31, 2010. Investors should focus on the company's revenue generation, expense management, and overall financial health as presented in the Consolidated Statements of Operations and Financial Position. The Management's Discussion and Analysis section will provide crucial context on the factors influencing these results, including regulatory environments, energy demand, and capital expenditures.

Financial Statements
Beta
Operating Expenses$1.98B
Operating Income$472.00M
Interest Expense$140.00M
Net Income$229.00M
EPS (Basic)$1.38
EPS (Diluted)$1.38
Shares Outstanding (Basic)166.00M
Shares Outstanding (Diluted)166.00M

Key Highlights

  • 1The filing contains unaudited financial statements for the first quarter of 2010, including Statements of Operations, Financial Position, Cash Flows, and Changes in Shareholders Equity.
  • 2Management's Discussion and Analysis provides insights into the company's operational performance and financial condition for the period.
  • 3Disclosure of Quantitative and Qualitative Market Risk information helps investors understand potential financial exposures.
  • 4Information regarding Legal Proceedings and Unregistered Sales of Equity Securities is included for transparency.
  • 5The report includes a list of Exhibits filed with the SEC, which can contain important supporting documentation.

Frequently Asked Questions

The unaudited Consolidated Statements of Operations provide the detailed financial performance for the quarter ended March 31, 2010. Investors should review revenue, operating income, and net income figures, as well as the accompanying Management's Discussion and Analysis for explanations of variances and trends.

The Consolidated Statements of Financial Position (Balance Sheet) offers a snapshot of DTE Energy's assets, liabilities, and shareholders' equity as of the end of the first quarter. Key metrics to examine include cash and cash equivalents, long-term debt, and equity levels.

Item 3, 'Quantitative and Qualitative Disclosures About Market Risk,' details the company's exposure to market risks such as interest rate fluctuations, commodity prices, and foreign currency exchange rates, and outlines how the company manages these risks.

The Management's Discussion and Analysis section is the primary source for understanding the operational and economic factors that influenced DTE Energy's financial results. This may include changes in energy demand, weather patterns, regulatory decisions, and fuel costs.