8-KRegulation FDExhibits & Filings

DTE ENERGY CO 8-K Report, Regulation FD Disclosure (Nov 15, 2010)

Filed November 15, 2010For Securities:DTEDTKDTBDTGDTW

Summary

DTE Energy Company (DTE) filed an 8-K on November 15, 2010, to disclose information presented during investor meetings held from November 15-17, 2010. The primary focus of this filing is the reaffirmation of DTE Energy's 2010 operating earnings per share guidance and the provision of initial guidance for 2011. Management is meeting with investors in Alabama, Georgia, and Texas to discuss these financial outlooks. Specifically, DTE Energy reiterated its 2010 operating earnings per share guidance to be in the range of $3.50 to $3.70. For the upcoming year, the company provided an early outlook for 2011 operating earnings per share, projecting a range of $3.40 to $3.80. Investors should note that these figures represent operating earnings, and certain items impacting reported earnings may be excluded. DTE Energy stated that reconciliations for these excluded items are not provided due to the unpredictability of their impact on reported results.

Key Highlights

  • 1DTE Energy is holding investor meetings from November 15-17, 2010, in Alabama, Georgia, and Texas.
  • 2The company reaffirms its 2010 operating earnings per share guidance of $3.50-$3.70.
  • 3DTE Energy provides an initial operating earnings per share guidance for 2011, set between $3.40 and $3.80.
  • 4The provided earnings figures are based on operating earnings and may exclude certain items impacting reported earnings.
  • 5Reconciliations between operating earnings and reported earnings are not provided due to forecast uncertainty.
  • 6A slide presentation from these investor meetings is furnished as Exhibit 99.1 to the 8-K filing.
  • 7The filing includes standard forward-looking statement disclaimers, referencing previous SEC filings for risk factors.

Frequently Asked Questions

The primary purpose of this 8-K filing is to disclose financial guidance provided by DTE Energy's management to investors during meetings held between November 15-17, 2010. This includes reaffirming the 2010 operating earnings per share outlook and providing an initial outlook for 2011.

DTE Energy reaffirms its 2010 operating earnings per share guidance to be in the range of $3.50 to $3.70. For 2011, the company provides an early outlook for operating earnings per share between $3.40 and $3.80.

The guidance provided refers to 'operating earnings' per share. DTE Energy notes that certain items impacting reported results may be excluded from operating earnings. Reconciliations between operating earnings and reported earnings are not provided because the company cannot reliably forecast the specific line items that may be excluded, as these can fluctuate significantly.

The slide presentation from the investor meetings is furnished as Exhibit 99.1 to this 8-K filing. It was also made available on DTE Energy's website, www.dteenergy.com, on November 15, 2010.