8-KRegulation FDExhibits & Filings

DTE ENERGY CO 8-K Report, Regulation FD Disclosure (Aug 12, 2019)

Filed August 12, 2019For Securities:DTEDTKDTBDTGDTW

Summary

DTE Energy Co. (DTE) filed an 8-K on August 12, 2019, to announce its participation in investor meetings on August 13, 2019. The primary purpose of this filing was to furnish a slide presentation (Exhibit 99.1) to investors, which includes updated financial information. Importantly, DTE Energy reaffirmed its 2019 operating earnings guidance range of $6.02 to $6.38 per share during these meetings. This guidance excludes certain items that are not yet predictable, such as non-recurring items, mark-to-market adjustments, and discontinued operations, which could significantly impact reported earnings. While the company did not provide detailed reconciliations for these excluded items due to forecasting difficulties, investors should be aware that reported earnings may differ from operating earnings. The filing also includes standard forward-looking statements disclosures, referencing previously filed 10-K and 10-Q reports for a comprehensive understanding of risks and uncertainties that could affect future performance.

Key Highlights

  • 1DTE Energy reaffirmed its 2019 operating earnings guidance range of $6.02-$6.38 per share.
  • 2The company is meeting with investors on August 13, 2019, to discuss its financial outlook.
  • 3A slide presentation containing this information was furnished as Exhibit 99.1 to the 8-K filing.
  • 4The 2019 operating earnings guidance excludes certain unpredictable items like non-recurring gains/losses, mark-to-market adjustments, and discontinued operations.
  • 5Detailed reconciliations between operating earnings and reported earnings guidance were not provided due to the unpredictable nature of excluded items.
  • 6The filing incorporates by reference forward-looking statements from prior SEC filings (2018 10-K and 2019 10-Qs).

Frequently Asked Questions

The main purpose of this 8-K filing is to disclose that DTE Energy is meeting with investors and to furnish a slide presentation (Exhibit 99.1) which reaffirms the company's 2019 operating earnings guidance.

DTE Energy reaffirmed its 2019 operating earnings guidance range of $6.02 to $6.38 per share.

Certain items are excluded from the operating earnings guidance because they are not possible to reliably forecast. These items can fluctuate significantly and include future non-recurring items, certain mark-to-market adjustments, and discontinued operations, which may have a significant impact on reported earnings.

Investors can find more information about risks and uncertainties in the 'Forward-Looking Statements' section of DTE Energy's and DTE Electric's 2018 Form 10-K and their 2019 Form 10-Qs, which are incorporated by reference in this report.