10-QPeriod: Q2 FY2010

DTE ENERGY CO Quarterly Report for Q2 Ended Jun 30, 2010

Filed July 30, 2010For Securities:DTEDTKDTBDTGDTW

Summary

DTE Energy Company's 10-Q filing for the period ending July 30, 2010, provides a quarterly update on its financial performance and operational landscape. The report details the company's financial position, results of operations, and cash flows, offering investors a snapshot of the company's health and performance during the second quarter of 2010. Investors should pay close attention to the Management's Discussion and Analysis (MD&A) section, which offers management's perspective on the factors influencing the company's results, as well as risk factors that could impact future performance. The company's financial statements provide the core data regarding revenue, expenses, profitability, and balance sheet items. The unaudited nature of these statements means they are subject to review and potential adjustments in the annual report. Key areas to scrutinize include any significant changes in revenue streams, cost management effectiveness, debt levels, and cash generation from operations. These elements are crucial for understanding DTE Energy's ability to generate sustainable returns and manage its financial obligations.

Financial Highlights

47 data points
Beta

Net Income

$86.00M

EPS (Diluted)

$0.51

Total Assets

$24.03B

Cash & Equivalents

$124.00M

Free Cash Flow

$334.00M

Financial Statements
Beta
Operating Expenses$1.54B
Operating Income$256.00M
Interest Expense$136.00M
Net Income$86.00M
EPS (Basic)$0.51
EPS (Diluted)$0.51
Shares Outstanding (Basic)169.00M
Shares Outstanding (Diluted)169.00M

Key Highlights

  • 1The filing includes unaudited Consolidated Statements of Operations, Financial Position, Cash Flows, and Changes in Equity, providing a quarterly financial overview.
  • 2Management's Discussion and Analysis (MD&A) is a key section for understanding the operational drivers behind the financial results and management's outlook.
  • 3The report outlines the company's legal proceedings, providing transparency on any material ongoing litigation.
  • 4Risk factors are detailed, allowing investors to assess potential threats to DTE Energy's business and financial performance.
  • 5Information regarding unregistered sales of equity securities and purchases of equity securities by the issuer and affiliated purchasers is disclosed.
  • 6The filing includes a list of exhibits, which may contain important supporting documents for the reported information.

Frequently Asked Questions

This 10-Q filing provides DTE Energy Company's unaudited financial and operational results for the second quarter of 2010. It allows investors to track the company's performance, financial condition, and key developments since the last annual report.

Management's insights and analysis of the company's financial condition and results of operations are primarily located in 'Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations'.

The 'Item 1A. Risk Factors' section details potential challenges and uncertainties that could adversely affect DTE Energy's business, financial condition, or results of operations. Investors should review this section to understand the inherent risks associated with investing in the company.

No, the financial statements provided in this 10-Q filing (Consolidated Statements of Operations, Financial Position, Cash Flows, and Changes in Equity) are marked as 'Unaudited.' They are subject to review and potential adjustments in the company's annual report.