Summary
DTE Energy Co. filed an 8-K on September 29, 2022, to disclose information that will be presented to investors on September 30, 2022. The primary purpose of this filing is to furnish a slide presentation (Exhibit 99.1) containing the company's 2022 operating earnings guidance. Investors should note that the provided guidance excludes certain items impacting reported results, such as non-recurring items, mark-to-market adjustments, and discontinued operations, and reconciliations are not provided due to the unpredictable nature of these fluctuations. The company explicitly states that while they are discussing 2022 operating earnings guidance, this information, along with the furnished exhibits, is not deemed "filed" under Section 18 of the Securities Exchange Act of 1934. This means it is not subject to the liabilities of that section. The filing also incorporates by reference forward-looking statements from previous SEC filings, reminding investors of the inherent risks and uncertainties associated with such statements and that the company does not intend to update them based on new information or future events.
Key Highlights
- 1DTE Energy is providing 2022 operating earnings guidance through a furnished slide presentation (Exhibit 99.1).
- 2The guidance excludes certain items like non-recurring charges, mark-to-market adjustments, and discontinued operations.
- 3Reconciliations for excluded items to reported earnings are not provided due to forecasting difficulties.
- 4The furnished information is not considered "filed" for Section 18 purposes of the Securities Exchange Act.
- 5The company cautions investors about risks and uncertainties associated with forward-looking statements.
- 6DTE Energy has no current intention to update forward-looking statements based on new information or future events.