10-QPeriod: Q2 FY2011

DTE ENERGY CO Quarterly Report for Q2 Ended Jun 30, 2011

Filed July 29, 2011For Securities:DTEDTKDTBDTGDTW

Summary

DTE Energy Company's (DTE) 10-Q filing for the period ending June 30, 2011, indicates a continued focus on regulated utility operations, which form the core of its business. The report details financial performance, operational updates, and risk factors, providing investors with a snapshot of the company's standing during the second quarter of 2011. Investors should pay close attention to the Management's Discussion and Analysis (MD&A) section for detailed insights into the company's financial condition, results of operations, and forward-looking strategies. The filing covers the unaudited consolidated financial statements, including operations, financial position, cash flows, and changes in equity. It also outlines key risk factors and provides information on controls and procedures. While specific financial figures like revenue, net income, or earnings per share for the quarter are not detailed in this high-level overview, the structure of the report suggests a comprehensive review of the company's performance and outlook for stakeholders.

Financial Highlights

49 data points
Beta

Revenue

$2.02B

Net Income

$202.00M

10.0% Net Margin

EPS (Diluted)

$1.19

Total Assets

$24.58B

Cash & Equivalents

$61.00M

Free Cash Flow

$437.00M

Financial Statements
Beta
Revenue$2.02B
Operating Expenses$1.74B
Operating Income$288.00M
Interest Expense$124.00M
Net Income$202.00M
EPS (Basic)$1.19
EPS (Diluted)$1.19
Shares Outstanding (Basic)169.00M
Shares Outstanding (Diluted)170.00M

Key Highlights

  • 1The report covers the unaudited consolidated financial statements for the period ended June 30, 2011.
  • 2Key financial statements included are Statements of Operations, Financial Position, Cash Flows, and Changes in Equity.
  • 3Management's Discussion and Analysis (MD&A) is a crucial section for understanding operational performance and financial condition.
  • 4The filing details Quantitative and Qualitative Disclosures About Market Risk, offering insights into potential financial exposures.
  • 5Risk Factors are itemized, providing investors with an understanding of potential challenges and uncertainties facing the company.
  • 6Information regarding Controls and Procedures is also presented, highlighting the company's internal reporting mechanisms.

Frequently Asked Questions

This filing suggests DTE Energy's primary business focus remains on its regulated utility operations, which are the cornerstone of its financial performance and strategy.

Detailed financial performance for the quarter can be found within the 'Consolidated Statements of Operations' and the 'Management's Discussion and Analysis of Financial Condition and Results of Operations' sections of the report.

The 'Risk Factors' section (Item 1A) of Part II of the filing outlines the key risks and uncertainties that could potentially impact DTE Energy's business, financial condition, and results of operations.

Yes, the 'Consolidated Statements of Cash Flows' provides a detailed breakdown of the company's cash inflows and outflows during the reporting period.