8-KRegulation FDExhibits & Filings

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

Filed April 8, 2010For Securities:DTEDTKDTBDTGDTW

Summary

DTE Energy Company (DTE) filed an 8-K on April 8, 2010, to disclose information related to upcoming investor presentations in Japan. The key takeaway for investors is the reiteration of DTE Energy's 2010 operating earnings guidance, set between $3.35 and $3.75 per share. This guidance is presented as a more meaningful measure of ongoing operations compared to reported earnings, as certain items impacting reported results will be excluded and are not reliably forecastable. The company is providing a slide presentation to investors starting April 9, 2010, which will be used in meetings from April 14-16, 2010. Investors should note that the information provided in this filing is intended to comply with Regulation FD and is not considered 'filed' for purposes of Section 18 of the Securities Exchange Act, nor incorporated by reference into other filings, unless expressly stated.

Key Highlights

  • 1DTE Energy reiterated its 2010 operating earnings guidance of $3.35 to $3.75 per share.
  • 2The company will distribute a slide presentation to investors starting April 9, 2010, in advance of investor meetings in Japan (April 14-16, 2010).
  • 3DTE Energy management considers 'operating earnings' a primary performance measurement for ongoing operations and external communications.
  • 4The filing clarifies that 'operating earnings' may exclude certain items that impact reported earnings, and reconciliations are not provided due to the unpredictable nature of these items.
  • 5The information in this 8-K is furnished under Regulation FD and is not deemed 'filed' for purposes of Section 18 of the Securities Exchange Act.
  • 6Exhibit 99.1 contains the slide presentation used for the investor meetings.

Frequently Asked Questions

DTE Energy reiterated its 2010 operating earnings guidance to be in the range of $3.35 to $3.75 per share. This guidance is considered by management to be a more meaningful representation of the company's earnings from ongoing operations.

The purpose of this filing is to inform investors about upcoming investor presentations in Japan and to reiterate the company's 2010 operating earnings guidance. It also provides a slide presentation as an exhibit.

A copy of the slide presentation is furnished as Exhibit 99.1 to this Form 8-K and is also available on DTE Energy's website, www.dteenergy.com.

DTE Energy management believes 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. It's also used internally for performance measurement.