8-KRegulation FDExhibits & Filings

DTE ENERGY CO 8-K Report, Regulation FD Disclosure (May 16, 2011)

Filed May 16, 2011For Securities:DTEDTKDTBDTGDTW

Summary

DTE Energy Company (DTE) filed an 8-K on May 16, 2011, to provide investors with a business update and furnish a slide presentation from their CEO at the American Gas Association Financial Forum. The primary focus for investors is the reaffirmation of DTE Energy's 2011 operating earnings per share (EPS) guidance. The company stated it expects its 2011 operating EPS to be in the range of $3.40 to $3.70 per share. While the presentation and filing discuss 2011 operating earnings guidance, DTE Energy notes that certain items impacting reported results will be excluded from operating results. The company did not provide reconciliations to reported earnings guidance, citing the difficulty in reliably forecasting specific line items that can fluctuate significantly and impact reported earnings.

Key Highlights

  • 1DTE Energy reaffirms its 2011 operating earnings per share (EPS) guidance of $3.40 - $3.70.
  • 2The company provided a business update at the American Gas Association Financial Forum.
  • 3A slide presentation accompanying the update is furnished as an exhibit and available on the company's website.
  • 4The filing includes a disclaimer that information is furnished under Regulation FD and not deemed 'filed' for Section 18 purposes.
  • 5DTE Energy noted that certain items impacting reported results will be excluded from operating results for 2011 guidance.
  • 6Reconciliations for the exclusion of these items from reported earnings were not provided due to forecasting difficulties.

Frequently Asked Questions

The main takeaway is that DTE Energy reaffirmed its 2011 operating earnings per share guidance, expecting it to be between $3.40 and $3.70. This provides investors with clarity on the company's near-term earnings outlook.

No, DTE Energy stated that reconciliations to comparable 2011 reported earnings guidance are not provided because it is not possible to provide a reliable forecast of specific line items that can significantly impact reported earnings.

The slide presentation from the business update is furnished as Exhibit 99.1 to this 8-K filing and is also available on DTE Energy's website, www.dteenergy.com. It will also be available via live webcast and archived on their website.

According to General Instruction B.2 of Form 8-K, the information in this report, including Exhibit 99.1, is furnished and shall not be deemed 'filed' for the purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, unless expressly stated otherwise.