Summary
DTE Energy Co. (DTE) filed an 8-K on September 5, 2012, to disclose information that would be presented at the Barclays 2012 CEO Energy-Power Conference on September 6, 2012. The primary purpose of this filing was to furnish a slide presentation (Exhibit 99.1) made available to investors. Crucially, DTE Energy reaffirmed its previously issued 2012 operating earnings per share guidance range of $3.65 to $3.95. The company also noted that certain items impacting reported results would likely be excluded from operating earnings, but a detailed reconciliation was not provided due to the unpredictable nature of these items. Investors should be aware that this information is furnished and not deemed "filed" under Section 18 of the Securities Exchange Act of 1934, meaning it carries different legal implications regarding liability.
Key Highlights
- 1DTE Energy reaffirmed its 2012 operating earnings per share guidance of $3.65 - $3.95.
- 2The company will participate in the Barclays 2012 CEO Energy-Power Conference on September 6, 2012.
- 3A slide presentation (Exhibit 99.1) used in investor meetings is furnished with the 8-K.
- 4The furnished information is not considered "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934.
- 5DTE Energy noted that certain items impacting reported results will likely be excluded from operating earnings, without providing detailed reconciliations.