8-KRegulation FD

DTE ENERGY CO 8-K Report, Regulation FD Disclosure (Nov 13, 2017)

Filed November 13, 2017For Securities:DTEDTKDTBDTGDTW

Summary

DTE Energy Company (DTE) filed an 8-K on November 13, 2017, to disclose information shared with investors during meetings on November 14, 2017. The primary focus of this disclosure is the reaffirmation of DTE Energy's financial guidance. The company confirmed its 2017 operating earnings guidance range of $5.38 to $5.69 per share. Furthermore, DTE Energy provided an early outlook for 2018, projecting operating earnings guidance in the range of $5.48 to $5.88 per share. It's important for investors to note that these operating earnings figures may exclude certain items impacting reported results, and reconciliations for these exclusions are not provided due to the unpredictable nature of these line items. The company also noted that a slide presentation previously filed on November 3, 2017, is incorporated by reference and available on their website.

Key Highlights

  • 1DTE Energy reaffirmed its 2017 operating earnings guidance range of $5.38 to $5.69 per share.
  • 2An early outlook for 2018 operating earnings guidance was provided, set at $5.48 to $5.88 per share.
  • 3The disclosed earnings guidance refers to 'operating earnings,' which may exclude certain items impacting reported results.
  • 4Reconciliations for items excluded from operating earnings guidance for 2017 and 2018 are not provided.
  • 5The company emphasized that excluded items can fluctuate significantly and impact reported earnings.
  • 6A slide presentation containing this information was previously filed on November 3, 2017, and is incorporated by reference.
  • 7The information is being furnished in connection with investor meetings scheduled for November 14, 2017.

Frequently Asked Questions

The primary purpose of this 8-K filing is to disclose information that DTE Energy Company shared with investors during meetings on November 14, 2017, specifically concerning their financial guidance for 2017 and an early outlook for 2018.

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

'Operating earnings' may exclude certain items that would impact the company's reported GAAP earnings. DTE Energy stated that these excluded items can fluctuate significantly and have a material impact on reported results. Reconciliations for these exclusions are not provided.

Investors can refer to the slide presentation dated November 5-7, 2017, which was previously furnished as Exhibit 99.1 to a Form 8-K filed on November 3, 2017, and is incorporated by reference. This presentation is also available on DTE Energy's website (www.dteenergy.com).