8-KRegulation FD

DTE ENERGY CO 8-K Report, Regulation FD Disclosure (Mar 10, 2010)

Filed March 10, 2010For Securities:DTEDTKDTBDTGDTW

Summary

DTE Energy Company (DTE) filed this Form 8-K on March 10, 2010, to disclose information regarding upcoming investor presentations. The company's President and COO, Gerard M. Anderson, along with other executives, were scheduled to meet with investors in Boston and New York from March 10-12, 2010. The primary purpose of these presentations was to reiterate DTE Energy's previously issued 2010 operating earnings guidance. The company affirmed its forecast of $3.35 to $3.75 per share for the full year 2010. The filing also highlighted that the company's management uses 'operating earnings' as its key performance metric for external communications and internal assessments, as it is believed to provide a more meaningful representation of ongoing operational performance. The presentation materials referenced in this filing are the same as those previously provided in a Form 8-K on February 23, 2010, and are also available on DTE Energy's website.

Key Highlights

  • 1DTE Energy executives were scheduled to present to investors in Boston and New York from March 10-12, 2010.
  • 2The company reiterated its 2010 operating earnings guidance of $3.35 to $3.75 per share.
  • 3The investor presentations were to utilize previously furnished slide presentation materials.
  • 4DTE Energy emphasizes 'operating earnings' as its primary performance measurement for external communications.
  • 5Management believes operating earnings offer a more meaningful view of ongoing operations compared to reported earnings.
  • 6Reconciliations for potential exclusions from operating earnings for 2010 forecasts were not provided due to the unpredictability of these items.
  • 7Forward-looking statements in the report are subject to risks and uncertainties, and investors are advised to consult DTE Energy's 10-K filings for further details.

Frequently Asked Questions

This Form 8-K filing primarily serves to inform investors about upcoming business presentations by DTE Energy executives and to reiterate the company's 2010 operating earnings guidance.

DTE Energy reiterated its operating earnings guidance for 2010 to be in the range of $3.35 to $3.75 per share.

DTE Energy's management believes that operating earnings provide a more meaningful representation of the company's earnings from ongoing operations and uses it as the primary performance measurement for external communications with analysts and investors, as well as for internal performance assessments.

Investors are advised to read this filing in conjunction with the 'Forward-Looking Statements' section in DTE Energy's and Detroit Edison's 2009 Form 10-K, as well as other SEC reports filed by the companies, which discuss important factors that could cause actual results to differ materially.