Summary
This 8-K filing from DTE Energy Company, filed on September 2, 2011, serves primarily as a disclosure of upcoming investor presentations. The company announced it would be participating in the Barclays Capital CEO Energy-Power Conference on September 6, 2011, and also meeting with investors on September 7, 2011. These events are opportunities for DTE Energy to provide a business update and discuss its performance and outlook with the investment community. The key takeaway for investors from this filing is the reaffirmation of DTE Energy's 2011 operating earnings per share guidance. The company reiterated its target range of $3.40 to $3.70 per share. While the specific items excluded from operating earnings were not detailed due to the inability to provide a reliable forecast, investors should be aware that reported results may differ from operating results and these excluded items can significantly impact earnings. The accompanying presentation, filed as Exhibit 99.1, would likely contain further details on the company's strategic initiatives and financial expectations.
Key Highlights
- 1DTE Energy reaffirms its 2011 operating earnings per share guidance of $3.40-$3.70.
- 2The company is scheduled to meet with investors at the Barclays Capital CEO Energy-Power Conference on September 6, 2011.
- 3Additional investor meetings are planned for September 7, 2011.
- 4A slide presentation providing a business update was attached as Exhibit 99.1.
- 5The presentation and webcast will be available on the DTE Energy website.
- 6The filing notes that certain items impacting reported results will be excluded from operating earnings, but reconciliations are not provided.