8-KRegulation FDExhibits & Filings

DTE ENERGY CO 8-K Report, Regulation FD Disclosure (May 19, 2017)

Filed May 19, 2017For Securities:DTEDTKDTBDTGDTW

Summary

DTE Energy Co. (DTE) filed an 8-K on May 19, 2017, to disclose information presented to investors at the American Gas Association Financial Forum held from May 21-23, 2017. The primary purpose of this filing was to reaffirm the company's previously issued 2017 operating earnings per share (EPS) guidance. Investors should note that the provided guidance of $5.15-$5.46 per share represents operating earnings and may exclude certain items that impact reported earnings. The company explicitly stated that reconciliations to reported earnings are not provided due to the unpredictable nature and potential significant impact of excluded items such as non-recurring items, mark-to-market adjustments, and discontinued operations. This means investors need to be aware that the reported EPS could differ from the operating EPS guidance. The filing also includes a slide presentation (Exhibit 99.1) which is available on DTE Energy's website.

Key Highlights

  • 1DTE Energy reaffirms its 2017 operating earnings per share (EPS) guidance of $5.15 to $5.46.
  • 2The guidance provided excludes certain items that may affect reported earnings, such as non-recurring items and mark-to-market adjustments.
  • 3Reconciliations between operating earnings and reported earnings are not provided due to the inability to forecast these fluctuating items.
  • 4Information was presented to investors at the American Gas Association Financial Forum (May 21-23, 2017).
  • 5A slide presentation containing this information is furnished as Exhibit 99.1 and available on the company's website.
  • 6The filing contains forward-looking statements that are subject to risks and uncertainties, as detailed in other SEC filings.

Frequently Asked Questions

DTE Energy reaffirmed its 2017 operating earnings per share (EPS) guidance of $5.15 to $5.46. This guidance is for operating earnings and may not reflect reported earnings due to excluded items.

The company stated that reconciliations are not provided because it is not possible to reliably forecast specific line items that could impact reported earnings. These items, such as future non-recurring events, certain mark-to-market adjustments, and discontinued operations, can fluctuate significantly and materially affect reported results.

The slide presentation shared with investors at the American Gas Association Financial Forum is available as Exhibit 99.1 to this Form 8-K filing and can also be found on DTE Energy's official website, www.dteenergy.com.

Yes, the filing explicitly states that it contains forward-looking statements subject to various assumptions, risks, and uncertainties. Investors are advised to read these statements in conjunction with the 'Forward-Looking Statements' sections in DTE Energy's 2016 Form 10-K and 2017 Form 10-Q, as well as other SEC reports filed by the company that detail factors which could cause actual results to differ materially.