8-KRegulation FDExhibits & Filings

DTE ENERGY CO 8-K Report, Regulation FD Disclosure (Oct 1, 2019)

Filed October 1, 2019For Securities:DTEDTKDTBDTGDTW

Summary

DTE Energy Co. filed an 8-K on October 1, 2019, to furnish a slide presentation for upcoming investor meetings. The primary purpose of this filing is to reaffirm the company's previously issued 2019 operating earnings guidance range of $6.02 to $6.38 per share. This guidance is presented on an "operating earnings" basis, which may exclude certain items that impact reported GAAP earnings. Investors should note that DTE Energy does not provide reconciliations for the 2019 reported earnings guidance to operating earnings guidance due to the unpredictable nature and potential volatility of excluded items. These items, such as non-recurring charges, mark-to-market adjustments, and discontinued operations, can significantly affect reported results. The presentation itself is available on the company's website and was furnished as an exhibit to this 8-K.

Key Highlights

  • 1Reaffirmation of 2019 operating earnings guidance range: $6.02 - $6.38 per share.
  • 2Investor meetings scheduled for October 2, 2019, to discuss the 2019 guidance.
  • 3Furnished a slide presentation (Exhibit 99.1) as part of the 8-K filing.
  • 4Presentation and information will be available on DTE Energy's website.
  • 5Guidance is based on 'operating earnings,' which may exclude certain GAAP-impacting items.
  • 6No reconciliation provided for operating earnings guidance to reported GAAP earnings due to unpredictability of excluded items.
  • 7Included standard forward-looking statements disclaimer with reference to other SEC filings.

Frequently Asked Questions

The main purpose of this 8-K filing is to provide investors with a slide presentation for upcoming meetings and to reaffirm DTE Energy's 2019 operating earnings guidance range of $6.02 to $6.38 per share.

Operating earnings guidance excludes certain items that affect reported GAAP earnings, such as non-recurring items, mark-to-market adjustments, and discontinued operations. DTE Energy does not provide a reconciliation because these excluded items can fluctuate significantly and are difficult to forecast reliably.

The slide presentation is furnished as Exhibit 99.1 to this 8-K filing and is also available on DTE Energy's website at www.dteenergy.com.

In accordance with General Instruction B.2 of Form 8-K, the information furnished in this report, including Exhibit 99.1, is not considered 'filed' for the purposes of Section 18 of the Securities Exchange Act of 1934, nor is it subject to the liabilities of that section, unless expressly stated otherwise in a future filing.