8-KRegulation FDExhibits & Filings

DTE ENERGY CO 8-K Report, Regulation FD Disclosure (Nov 15, 2013)

Filed November 15, 2013For Securities:DTEDTKDTBDTGDTW

Summary

DTE Energy Co. (DTE) filed an 8-K on November 15, 2013, to disclose information regarding upcoming investor meetings on November 18-19, 2013. The primary purpose of the filing is to furnish a slide presentation (Exhibit 99.1) which provides a business update. Investors attending these meetings or reviewing the presentation will receive forward-looking guidance on the company's operating earnings per share for both 2013 and 2014. The company reaffirmed its 2013 operating earnings per share guidance to be in the range of $3.95 to $4.15. For 2014, DTE Energy provided an early outlook, projecting operating earnings per share between $4.15 and $4.39. It is important to note that these figures represent *operating* earnings, and the company explicitly states that reconciliations to GAAP reported earnings are not provided due to the unpredictable nature and potential significant impact of certain excluded items on reported results.

Key Highlights

  • 1DTE Energy is holding investor meetings on November 18-19, 2013, with a related slide presentation furnished as an exhibit.
  • 2The company reaffirmed its 2013 operating earnings per share (EPS) guidance of $3.95 - $4.15.
  • 3An early outlook for 2014 operating EPS guidance is provided, ranging from $4.15 - $4.39.
  • 4The guidance provided focuses on 'operating earnings' and excludes certain items impacting reported GAAP earnings.
  • 5Reconciliations between operating earnings and reported GAAP earnings are not provided due to unpredictability of excluded items.
  • 6The presentation and webcast will be available on DTE Energy's website.
  • 7The filing contains forward-looking statements subject to risks and uncertainties.

Frequently Asked Questions

The main purpose of this 8-K filing is to furnish a slide presentation (Exhibit 99.1) that DTE Energy will use during investor meetings on November 18-19, 2013. This presentation provides a business update, including financial guidance.

DTE Energy reaffirmed its 2013 operating earnings per share guidance to be between $3.95 and $4.15. For 2014, the company provided an early outlook for operating earnings per share in the range of $4.15 to $4.39.

No, the guidance provided represents 'operating earnings,' which exclude certain items that impact the company's reported GAAP earnings. DTE Energy notes that these excluded items can fluctuate significantly and impact reported results.

The slide presentation is furnished as Exhibit 99.1 to this 8-K filing and was available on DTE Energy's website, www.dteenergy.com, starting November 15, 2013. It was also available via live webcast and archived for future viewing on their website.