8-KRegulation FDExhibits & Filings

DTE ENERGY CO 8-K Report, Regulation FD Disclosure (Nov 3, 2017)

Filed November 3, 2017For Securities:DTEDTKDTBDTGDTW

Summary

DTE Energy Company (DTE) filed an 8-K on November 3, 2017, to disclose information that will be presented to investors at the EEI Financial Conference. The primary focus for investors is the reaffirmation of DTE Energy's 2017 operating earnings guidance and the announcement of its initial outlook for 2018 operating earnings. The company reaffirmed its 2017 operating earnings per share guidance to be in the range of $5.38 to $5.69. Furthermore, DTE Energy provided an early outlook for 2018, projecting operating earnings per share guidance in the range of $5.48 to $5.88. The filing also noted that certain items impacting reported earnings for both 2017 and 2018 will likely be excluded from operating earnings, with reconciliations not being provided due to the unpredictable nature of these items.

Key Highlights

  • 1Reaffirmed 2017 operating earnings guidance range of $5.38 - $5.69 per share.
  • 2Announced early outlook for 2018 operating earnings guidance range of $5.48 - $5.88 per share.
  • 3CEO Gerard M. Anderson to provide a business update at the EEI Financial Conference.
  • 4Presentation materials furnished as Exhibit 99.1, available on DTE Energy's website.
  • 5Business update will be available via live webcast and archived on the company's website.
  • 6Disclosure of guidance excludes certain items that may impact reported earnings; reconciliations are not provided.

Frequently Asked Questions

The main purpose of this 8-K filing is to provide investors with advance notice and information regarding a business update that DTE Energy's CEO will present at the EEI Financial Conference. It includes updated financial guidance and highlights key discussion points for investors.

DTE Energy reaffirmed its 2017 operating earnings guidance to be between $5.38 and $5.69 per share. For 2018, the company provided an early outlook of operating earnings guidance in the range of $5.48 to $5.88 per share.

No, the guidance provided for both 2017 and 2018 operating earnings is likely to exclude certain items that will impact the company's reported results. DTE Energy noted that reconciliations for these excluded items are not provided as they are difficult to forecast and can significantly impact reported earnings.

A copy of the slide presentation is furnished as Exhibit 99.1 to this 8-K filing and will be available on DTE Energy's website (www.dteenergy.com) starting November 3, 2017. The business update presentation will also be available via live webcast and archived on the company's website.