8-KRegulation FDExhibits & Filings

DTE ENERGY CO 8-K Report, Regulation FD Disclosure (Sep 17, 2021)

Filed September 17, 2021For Securities:DTEDTKDTBDTGDTW

Summary

DTE Energy Company (DTE) has filed an 8-K report on September 17, 2021, to disclose information it will present to investors during meetings on September 20-21, 2021. The primary purpose of this filing is to furnish a slide presentation (Exhibit 99.1) that will be made available on the company's website. This presentation includes discussion of DTE Energy's 2021 operating earnings guidance. Investors should note that the company intends to exclude certain items that impact reported results when discussing operating earnings. DTE Energy states that reconciliations for these excluded items to reported earnings guidance are not provided due to the difficulty in reliably forecasting such fluctuating items, which can include non-recurring events, mark-to-market adjustments, and discontinued operations. These exclusions may significantly impact reported earnings, so investors should pay close attention to the distinction between operating and reported earnings. The report also includes standard forward-looking statements disclaimers.

Key Highlights

  • 1DTE Energy is providing investors with updated information regarding its 2021 operating earnings guidance.
  • 2A slide presentation will be furnished as an exhibit to this 8-K filing and will be available on the company's website.
  • 3The company plans to exclude certain items from its reported results when discussing operating earnings.
  • 4Reconciliations between operating earnings guidance and reported earnings guidance are not provided due to forecasting difficulties of specific fluctuating items.
  • 5Potential excluded items include non-recurring events, mark-to-market adjustments, and discontinued operations.
  • 6These excluded items can significantly impact reported earnings and may fluctuate considerably.
  • 7The filing includes standard forward-looking statements and disclaimers regarding potential risks and uncertainties.

Frequently Asked Questions

The main purpose of this 8-K filing is to furnish DTE Energy's investor presentation materials (Exhibit 99.1) that will be used in meetings with investors on September 20-21, 2021. It also provides information on the company's 2021 operating earnings guidance.

DTE Energy uses 'operating earnings' which excludes certain items that can significantly impact 'reported earnings'. These exclusions are made because the company finds it difficult to reliably forecast these specific items, such as non-recurring events, mark-to-market adjustments, and discontinued operations, which can fluctuate significantly.

The slide presentation (Exhibit 99.1) is furnished with this 8-K filing and will also be available on DTE Energy's website, www.dteenergy.com, starting on September 17, 2021.

The excluded items can cause a significant difference between operating earnings and reported earnings. Since these items can fluctuate widely, it is important for investors to understand which figures are being presented and to recognize that the reported earnings may be more volatile or impacted by these specific, excluded events.