8-KRegulation FDExhibits & Filings

DTE ENERGY CO 8-K Report, Regulation FD Disclosure (Dec 6, 2013)

Filed December 6, 2013For Securities:DTEDTKDTBDTGDTW

Summary

DTE Energy Co. (DTE) has filed an 8-K report on December 6, 2013, to disclose information for upcoming investor meetings scheduled for December 9-11, 2013. The primary purpose of this filing is to furnish a slide presentation (Exhibit 99.1) which reaffirms the company's financial guidance. Investors can access this presentation on DTE Energy's website concurrently with the filing. The company is reiterating its 2013 operating earnings per share (EPS) guidance to be in the range of $3.95 to $4.15. Furthermore, DTE Energy is providing an early outlook for 2014 operating EPS, projecting a range of $4.15 to $4.39. It's important for investors to note that these figures represent "operating earnings" and may exclude certain items that impact reported earnings, as is common practice for the company. Reconciliations for these excluded items are not provided in this filing due to the difficulty in forecasting their significant and fluctuating impact.

Key Highlights

  • 1DTE Energy is reaffirming its 2013 operating earnings per share (EPS) guidance of $3.95 - $4.15.
  • 2The company is providing an early outlook for 2014 operating EPS, guiding for a range of $4.15 - $4.39.
  • 3A slide presentation (Exhibit 99.1) detailing this information is being furnished and made available to investors and on the company's website.
  • 4The investor meetings where this information will be discussed are scheduled for December 9-11, 2013.
  • 5The guidance provided pertains to "operating earnings" and may exclude certain items that affect reported earnings.
  • 6Reconciliations between operating earnings and reported earnings are not provided in this filing due to forecasting uncertainties.

Frequently Asked Questions

The main purpose of this filing is to furnish a slide presentation that will be used by DTE Energy during investor meetings from December 9-11, 2013. It serves to communicate the company's reaffirmed 2013 earnings guidance and initial 2014 earnings outlook.

DTE Energy is reaffirming its 2013 operating earnings per share (EPS) guidance to be between $3.95 and $4.15. For 2014, the company's early outlook for operating EPS is a range of $4.15 to $4.39.

Operating earnings are a non-GAAP measure that DTE Energy uses. It typically excludes certain items that impact the company's overall reported earnings. The filing notes that these excluded items can fluctuate significantly and affect reported results, but reconciliations are not provided due to forecasting challenges.

The slide presentation, dated December 9-11, 2013, is furnished as Exhibit 99.1 to this 8-K filing and will also be available on DTE Energy's official website (www.dteenergy.com) starting on December 6, 2013.