Summary
DTE Energy Company (DTE) has filed an 8-K report on April 3, 2023, primarily to disclose information presented to investors during meetings held on April 3-4, 2023. The key focus of these presentations and the accompanying furnished slide deck (Exhibit 99.1) is DTE's operating earnings guidance for 2023. Investors should note that the company will be excluding certain items from its reported 2023 operating earnings. These exclusions are typical and may include non-recurring items, mark-to-market adjustments, and discontinued operations, which can significantly impact reported earnings. While DTE Energy is providing 2023 operating earnings guidance, it explicitly states that reconciliations to full reported earnings are not provided. This is due to the inherent unpredictability and potential for significant fluctuation of these excluded items. The information furnished in this 8-K, including the slide presentation, is not considered "filed" under Section 18 of the Securities Exchange Act of 1934, meaning it does not carry the same legal implications as formally filed information, and is not incorporated by reference into other SEC filings unless expressly stated.
Key Highlights
- 1DTE Energy is providing 2023 operating earnings guidance to investors through a slide presentation (Exhibit 99.1).
- 2The company will exclude certain items from its 2023 operating earnings, including non-recurring items, mark-to-market adjustments, and discontinued operations.
- 3Reconciliations between operating earnings guidance and reported earnings are not provided due to the unpredictable nature of excluded items.
- 4The furnished information is not deemed "filed" under Section 18 of the Securities Exchange Act of 1934.
- 5The slide presentation will be available on DTE Energy's website (www.dteenergy.com) starting April 3, 2023.
- 6The report includes standard forward-looking statement disclaimers, referencing the company's 2022 Form 10-K for a comprehensive list of risks and uncertainties.