8-KRegulation FDExhibits & Filings

DTE ENERGY CO 8-K Report, Regulation FD Disclosure (May 8, 2019)

Filed May 8, 2019For Securities:DTEDTKDTBDTGDTW

Summary

DTE Energy Co. (DTE) filed an 8-K on May 8, 2019, to furnish a slide presentation for investor meetings scheduled for May 9, 2019. The primary focus for investors in this filing is the reaffirmation of DTE Energy's 2019 operating earnings per share (EPS) guidance. The company reiterated its expectation for 2019 operating EPS to be in the range of $5.97 to $6.33 per share. While the company is providing its operating earnings guidance, it notes that certain items impacting reported results will be excluded from operating earnings. DTE Energy explained that reconciliations to reported earnings guidance are not provided due to the unpredictable nature of future non-recurring items, mark-to-market adjustments, and discontinued operations, which can significantly affect reported figures. Investors should note that this information is furnished and not deemed "filed" under Section 18 of the Exchange Act, meaning it does not carry the same liability as formal SEC filings, though it is intended to be available to the public.

Key Highlights

  • 1DTE Energy reaffirms its 2019 operating earnings per share (EPS) guidance of $5.97-$6.33.
  • 2The company will be meeting with investors on May 9, 2019, to discuss its financial outlook.
  • 3A slide presentation containing this information is furnished as Exhibit 99.1 to the 8-K filing.
  • 4DTE Energy will exclude certain items impacting reported results from its 2019 operating earnings.
  • 5Reconciliations to reported earnings guidance are not provided due to the unpredictable nature of excluded items.
  • 6Excluded items may include future non-recurring items, mark-to-market adjustments, and discontinued operations.
  • 7The furnished information is not considered 'filed' for the purposes of Section 18 of the Securities Exchange Act of 1934.

Frequently Asked Questions

DTE Energy reaffirms its 2019 operating earnings per share (EPS) guidance to be in the range of $5.97 to $6.33 per share.

The information is provided in a slide presentation furnished as Exhibit 99.1 to this 8-K filing and will be available on DTE Energy's website (www.dteenergy.com) on May 8, 2019.

No, DTE Energy expects certain items that impact reported results to be excluded from operating results. These exclusions may include items like future non-recurring costs, mark-to-market adjustments, and discontinued operations, which can fluctuate significantly and impact reported earnings.

DTE Energy states that it is not possible to provide a reliable forecast of the specific line items that will be excluded from operating results. These items, such as future non-recurring events or mark-to-market adjustments, can vary significantly from period to period.