8-KRegulation FDExhibits & Filings

DTE ENERGY CO 8-K Report, Regulation FD Disclosure (Jun 6, 2023)

Filed June 6, 2023For Securities:DTEDTKDTBDTGDTW

Summary

DTE Energy Company (DTE) is providing an update to investors regarding their 2023 operating earnings guidance. The company will be meeting with investors on June 7-8, 2023, and is referencing a previously filed slide presentation (Exhibit 99.1 from the May 19, 2023 8-K) which is available on their website. Investors should note that the company's reported results for 2023 may exclude certain items that are not predictable enough to be reliably forecasted, such as non-recurring items, mark-to-market adjustments, and discontinued operations. These excluded items can significantly impact reported earnings and are the reason why reconciliations to the company's reported earnings guidance are not provided. The company also included standard forward-looking statement disclaimers, urging readers to consult their 2022 Form 10-K and 2023 Form 10-Qs for a comprehensive understanding of the risks and uncertainties that could affect actual results. This filing itself is primarily for informational purposes related to the upcoming investor meetings and does not constitute a new filing for purposes of securities law liability.

Key Highlights

  • 1DTE Energy is holding investor meetings on June 7-8, 2023.
  • 2The company is discussing its 2023 operating earnings guidance during these meetings.
  • 3A slide presentation, previously filed on May 19, 2023 (Exhibit 99.1), is being referenced and is available on the company's website.
  • 4Reported 2023 earnings may exclude certain unpredictable items (non-recurring, mark-to-market, discontinued operations).
  • 5Reconciliations for these excluded items to reported earnings guidance are not provided due to forecasting unreliability.
  • 6The company emphasizes the potential for these excluded items to significantly impact reported earnings.
  • 7Standard forward-looking statement disclaimers and incorporation by reference to other SEC filings are included.

Frequently Asked Questions

The main purpose of this 8-K filing is to inform investors that DTE Energy will be meeting with them on June 7-8, 2023, and to reiterate that the company will be discussing its 2023 operating earnings guidance. It also clarifies how certain items might be excluded from reported results.

Reconciliations are not provided because the specific line items that will be excluded from operating results, such as future non-recurring items, certain mark-to-market adjustments, and discontinued operations, are not possible to forecast reliably. These items can fluctuate significantly and have a material impact on reported earnings.

Investors should refer to the slide presentation furnished as Exhibit 99.1 to the May 19, 2023 8-K filing, which is available on DTE Energy's website. Additionally, the company strongly advises consulting the 'Forward-Looking Statements' section in their 2022 Form 10-K and their 2023 Form 10-Qs, as well as other SEC reports, for a comprehensive understanding of factors that could impact actual results.

This filing does not introduce new guidance but rather refers to a previously provided slide presentation and discusses the company's approach to reporting its 2023 operating earnings guidance, particularly concerning the exclusion of unpredictable items. Investors should review the referenced presentation and other SEC filings for the most up-to-date information.