8-KRegulation FDExhibits & Filings

DTE ENERGY CO 8-K Report, Regulation FD Disclosure (May 29, 2019)

Filed May 29, 2019For Securities:DTEDTKDTBDTGDTW

Summary

DTE Energy Co. (DTE) filed an 8-K on May 29, 2019, to disclose information presented to investors during meetings held on May 30, 2019. The primary focus of the filing is the reaffirmation of the company's 2019 operating earnings per share (EPS) guidance, which remains in the range of $5.97 to $6.33. Investors should note that this guidance pertains to "operating earnings," and DTE Energy explicitly states that certain items impacting reported results will be excluded from this operating figure. The company also highlighted that detailed reconciliations for potential exclusions from reported earnings are not provided due to the unpredictable nature and significant fluctuations of these items, such as non-recurring events, mark-to-market adjustments, and discontinued operations. Investors are advised to consult DTE Energy's website for the slide presentation and to consider the forward-looking statements disclaimer, which emphasizes that actual results may differ materially due to various risks and uncertainties.

Key Highlights

  • 1DTE Energy reaffirmed its 2019 operating earnings per share (EPS) guidance of $5.97-$6.33.
  • 2The guidance provided pertains to "operating earnings," which exclude certain items that impact reported results.
  • 3Detailed reconciliations for excluded items (e.g., non-recurring events, mark-to-market adjustments) are not provided due to forecast unpredictability.
  • 4A slide presentation used in investor meetings, dated May 21-22, 2019, was incorporated by reference.
  • 5The presentation and associated disclosures are available on DTE Energy's website (www.dteenergy.com).
  • 6The filing includes standard forward-looking statements disclaimers, warning that actual results could differ materially from projections.
  • 7Information furnished under Regulation FD is not considered "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934.

Frequently Asked Questions

DTE Energy reaffirmed its 2019 operating earnings per share (EPS) guidance to be in the range of $5.97 to $6.33. This guidance is focused on operating earnings, which may exclude certain items that impact the company's overall reported financial results.

DTE Energy stated that it is not possible to provide a reliable forecast of specific line items that might be excluded from operating results. These items, such as future non-recurring events, certain mark-to-market adjustments, and discontinued operations, can fluctuate significantly and materially impact reported earnings.

The slide presentation used in the investor meetings is available on DTE Energy's official website at www.dteenergy.com. A copy was also previously furnished as Exhibit 99.1 to a Form 8-K filed on May 20, 2019.

This filing primarily serves to reaffirm the existing 2019 operating EPS guidance and to provide context on the nature of that guidance. It does not appear to introduce new or revised historical financial statements or alter previously issued guidance beyond reaffirmation.