8-KEarnings & ResultsRegulation FDExhibits & Filings

DTE ENERGY CO 8-K Report, Financial Results (Apr 27, 2023)

Filed April 27, 2023For Securities:DTEDTKDTBDTGDTW

Summary

DTE Energy Co. (DTE) filed an 8-K on April 27, 2023, primarily to furnish its earnings release and slide presentation for the first quarter ended March 31, 2023. The filing indicates that the company is discussing its 2023 operating earnings guidance, which may exclude certain items impacting reported results. DTE Energy notes that reconciliations to reported earnings guidance are not provided for the full year 2023 due to the unpredictable nature of specific future non-recurring items, mark-to-market adjustments, and discontinued operations, which could significantly affect reported figures. While the specific financial results for Q1 2023 are detailed in the furnished earnings release (Exhibit 99.1), this 8-K filing itself does not contain extensive new financial data. Investors should refer to the referenced exhibits for comprehensive details on the quarter's performance and the company's outlook. The filing also includes standard forward-looking statements disclosures and disclaimers regarding the information not being officially "filed" under Section 18 of the Exchange Act.

Key Highlights

  • 1Furnished Q1 2023 earnings release and slide presentation on April 27, 2023.
  • 2Discussed 2023 operating earnings guidance, with potential exclusions for certain items.
  • 3Will not provide full-year 2023 reconciliations to reported earnings guidance due to unpredictable items.
  • 4Excluded items mentioned include non-recurring items, mark-to-market adjustments, and discontinued operations.
  • 5These excluded items may significantly impact reported earnings and fluctuate period-to-period.
  • 6Information furnished is not considered 'filed' for Section 18 purposes unless expressly stated in other filings.
  • 7Incorporates by reference forward-looking statements from prior SEC filings, including 2022 10-K and 2023 10-Q.

Frequently Asked Questions

The primary purpose of this 8-K filing is to formally submit DTE Energy's earnings release and accompanying slide presentation for the first quarter of 2023 to the SEC. These documents contain the company's financial results for the quarter and provide updates on its financial guidance.

No, DTE Energy states that it will not provide reliable forecasts or reconciliations for specific future non-recurring items, mark-to-market adjustments, or discontinued operations. Therefore, it cannot provide a reconciliation of its 2023 operating earnings guidance to the comparable reported earnings guidance.

The detailed financial results for the quarter ended March 31, 2023, are located in the earnings release (Exhibit 99.1) and the slide presentation (Exhibit 99.2) that were furnished with this 8-K filing. These exhibits are incorporated by reference.

Generally, no. In accordance with General Instruction B.2 of Form 8-K, the information furnished in this report, including the exhibits, 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 DTE Energy expressly states otherwise in a future filing.