8-KRegulation FDExhibits & Filings

DTE ENERGY CO 8-K Report, Regulation FD Disclosure (Nov 14, 2016)

Filed November 14, 2016For Securities:DTEDTKDTBDTGDTW

Summary

DTE Energy Co. filed an 8-K on November 14, 2016, to furnish investors with a slide presentation containing updated financial guidance. The company is reaffirming its previously issued 2016 operating earnings guidance range of $5.09 to $5.35 per share. Additionally, DTE Energy provided an early outlook for 2017 operating earnings, projecting a guidance range of $5.15 to $5.46 per share. It is important for investors to note that these guidance figures represent "operating earnings," which may exclude certain items impacting reported GAAP earnings. The company states that reconciliations to comparable reported earnings guidance are not provided due to the unpredictability of these excluded items, which could significantly affect actual reported results. The furnished information is not deemed "filed" for liability purposes under Section 18 of the Securities Exchange Act, but is intended to inform investors.

Key Highlights

  • 1DTE Energy reaffirms 2016 operating earnings guidance of $5.09 - $5.35 per share.
  • 2Company provides an early outlook for 2017 operating earnings guidance of $5.15 - $5.46 per share.
  • 3Guidance provided is for 'operating earnings,' which may exclude certain items from reported GAAP earnings.
  • 4Reconciliations of operating earnings to GAAP earnings are not provided due to forecasting uncertainty of excluded items.
  • 5The disclosed information was presented via a slide deck furnished as an exhibit to the 8-K.
  • 6The filing includes standard forward-looking statement disclaimers and incorporates by reference risk factors from other SEC filings.

Frequently Asked Questions

The main purpose of this 8-K filing is to furnish investors with a slide presentation that provides updated financial guidance for 2016 and an early outlook for 2017. It is part of DTE Energy's investor meetings held on November 14-15, 2016.

DTE Energy is reaffirming its 2016 operating earnings guidance to be in the range of $5.09 to $5.35 per share. For 2017, the company provided an early outlook for operating earnings guidance in the range of $5.15 to $5.46 per share.

Operating earnings, as used by DTE Energy in this filing, refers to earnings that exclude certain items which may significantly impact the company's reported GAAP earnings. Reconciliations are not provided because it is not possible to reliably forecast these specific excluded items, which can fluctuate significantly and materially affect reported results.

According to General Instruction B.2 of Form 8-K, the information furnished in this report, including the slide presentation, is not deemed 'filed' for the purposes of Section 18 of the Securities Exchange Act of 1934, nor is it subject to the liabilities of that section. It also won't be incorporated by reference into other SEC filings unless expressly stated.