Summary
DTE Energy Company (DTE) filed an 8-K on September 13, 2016, to furnish a slide presentation for investor meetings scheduled for September 14, 2016. The primary purpose of this filing is to reaffirm the company's previously issued 2016 operating earnings guidance range of $4.91 to $5.19 per share. This guidance is presented on an "operating earnings" basis, which may exclude certain items impacting reported earnings, and reconciliations for these exclusions are not provided due to the unpredictable nature of these items. The accompanying presentation, available as Exhibit 99.1, provides further details on DTE Energy's business update. Investors should note that this information, including the presentation, is furnished under Regulation FD and is not considered "filed" for liability purposes under Section 18 of the Securities Exchange Act, nor incorporated by reference into other SEC filings unless expressly stated. The company also reiterated its forward-looking statements disclaimer, urging investors to review their 2015 10-K and 2016 10-Q filings for a comprehensive understanding of risks and uncertainties.
Key Highlights
- 1DTE Energy reaffirms its 2016 operating earnings guidance range of $4.91 to $5.19 per share.
- 2The company is providing an investor slide presentation dated September 14, 2016, as Exhibit 99.1.
- 3The presentation materials will be available on DTE Energy's website (www.dteenergy.com) starting September 13, 2016.
- 4The provided guidance is based on 'operating earnings', which may exclude certain items from reported earnings.
- 5Reconciliations between operating earnings and reported earnings are not provided in this filing due to potential volatility of excluded items.
- 6The information furnished is for informational purposes and not considered 'filed' for liability under Section 18 of the Securities Exchange Act.
- 7Forward-looking statements in the report are subject to risks and uncertainties, and investors should consult DTE's other SEC filings for details.