8-KRegulation FDExhibits & Filings

DTE ENERGY CO 8-K Report, Regulation FD Disclosure (Jun 10, 2019)

Filed June 10, 2019For Securities:DTEDTKDTBDTGDTW

Summary

DTE Energy Company (DTE) filed an 8-K on June 10, 2019, to disclose information that will be presented to investors during meetings on June 11-12, 2019. The primary focus of this filing is the reaffirmation of DTE Energy's 2019 operating earnings per share (EPS) guidance, which remains in the range of $5.97 to $6.33 per share. This guidance is presented on an "operating earnings" basis, which excludes certain items that impact reported earnings. Investors should note that DTE Energy has not provided reconciliations between its operating earnings guidance and projected reported earnings. The company states this is due to the unpredictable nature and potential for significant fluctuations of items such as non-recurring items, mark-to-market adjustments, and discontinued operations. The furnished slide presentation, available on DTE's website and as an exhibit to this filing, provides the details of these discussions.

Key Highlights

  • 1DTE Energy reaffirms its 2019 operating earnings per share (EPS) guidance of $5.97 - $6.33.
  • 2The company will meet with investors on June 11-12, 2019, to discuss this guidance.
  • 3A slide presentation accompanying the investor meetings is furnished as Exhibit 99.1.
  • 4The guidance provided is based on 'operating earnings' and excludes certain items.
  • 5DTE Energy will not provide reconciliations for projected reported earnings due to the unpredictability of excluded items.
  • 6Excluded items that may impact reported earnings include non-recurring items, mark-to-market adjustments, and discontinued operations.

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.

The purpose of this filing is to furnish a slide presentation that DTE Energy will use in investor meetings on June 11-12, 2019, primarily to discuss and reaffirm its 2019 operating earnings guidance.

No, DTE Energy states it is not possible to provide a reliable forecast for specific line items that would be excluded from operating results. These excluded items, such as non-recurring items and mark-to-market adjustments, can fluctuate significantly and impact reported earnings.

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) on June 10, 2019.