8-KEarnings & ResultsRegulation FDExhibits & Filings

DTE ENERGY CO 8-K Report, Financial Results (Feb 23, 2023)

Filed February 23, 2023For Securities:DTEDTKDTBDTGDTW

Summary

DTE Energy filed an 8-K on February 23, 2023, to furnish its earnings release and slide presentation for the year ended December 31, 2022. The filing primarily serves to provide investors with the company's announced financial results and forward-looking guidance. While specific operating earnings guidance for 2023 is discussed, the company notes that reconciliations to reported earnings guidance are not provided due to the unpredictable nature of certain items like non-recurring events, mark-to-market adjustments, and discontinued operations which can significantly impact reported results. Investors should note that the information furnished in this 8-K, including the exhibits, is not considered 'filed' for the purposes of Section 18 of the Securities Exchange Act of 1934. The company also cautions that any forward-looking statements made in this report are subject to risks and uncertainties, and it disclaims any intention to update these statements based on new information or future events. Investors are directed to review the company's 2022 Form 10-K and other SEC filings for a comprehensive understanding of potential risks.

Key Highlights

  • 1DTE Energy has released its financial results for the year ended December 31, 2022, via an earnings release furnished with the SEC.
  • 2A slide presentation, also furnished, provides supplemental financial information and discusses 2023 operating earnings guidance.
  • 3The company will not provide reconciliations for 2023 reported earnings guidance to operating earnings guidance.
  • 4Reasons for the lack of reconciliation include the unpredictable and potentially significant impact of non-recurring items, mark-to-market adjustments, and discontinued operations.
  • 5Information furnished in this 8-K, including exhibits, is not deemed 'filed' under Section 18 of the Securities Exchange Act of 1934.
  • 6Forward-looking statements are subject to risks and uncertainties, and DTE Energy disclaims intent to update them.
  • 7Investors are advised to consult the company's 2022 Form 10-K and other SEC filings for a full understanding of risks and material factors.

Frequently Asked Questions

The main purpose of this 8-K filing is to furnish DTE Energy's earnings release and slide presentation, announcing their financial results for the year ended December 31, 2022, and providing operating earnings guidance for 2023.

No, DTE Energy states that it is not possible to provide a reliable forecast of specific line items (such as future non-recurring items, certain mark-to-market adjustments, and discontinued operations) that will be excluded from operating results. Therefore, reconciliations to comparable 2023 reported earnings guidance will not be provided.

No, in accordance with General Instruction B.2 of Form 8-K, the information furnished in this report, including Exhibits 99.1 and 99.2, shall not be deemed 'filed' for the purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference into any registration statement or other filing under the Securities Act of 1933, except as expressly set forth in such filing.

Investors should read this Form 8-K in conjunction with the 'Forward-Looking Statements' section in DTE Energy's and DTE Electric Company's 2022 Form 10-K, and other SEC reports filed by the companies. These filings discuss important factors that could cause actual results to differ materially from forward-looking statements.