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DTE Energy logoDTE Energy DTE

The company said it guided 2024 operating EPS to $6.54 to $6.83, and that the 2024 operating EPS guidance midpoint provides 7% growth over the 2023 original guidance midpoint.

8-KRegulation FD DisclosureFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said it guided 2024 operating EPS to $6.54 to $6.83, and that the 2024 operating EPS guidance midpoint provides 7% growth over the 2023 original guidance midpoint.

  2. The company guided 2024 operating earnings for DTE Energy to $1,355 to $1,415 (in millions, except EPS), with DTE Electric at $1,100 to $1,120 and DTE Gas at 295 to 305.

  3. The company set 2024 guidance for total capital expenditures of $4,645 to $4,745 (in millions), cash from operations of $3.3, and free cash flow of ($1.4) (in billions).

  4. The company said its 2024 - 2028 5-year investment plan is about ~$25 billion, DTE Vantage capital investment is $1.0 - $1.5 billion, and DTE Vantage 2024 guidance is $125 - $135 million.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

2024 Operating EPS Outlook of $6.54 to $6.83

The company said it guided 2024 operating EPS to $6.54 to $6.83, and that the 2024 operating EPS guidance midpoint provides 7% growth over the 2023 original guidance midpoint.

Source · Based on the filing body and exhibits

2024 Operating Earnings Outlook of $1,355 to $1,415

The company guided 2024 operating earnings for DTE Energy to $1,355 to $1,415 (in millions, except EPS), with DTE Electric at $1,100 to $1,120 and DTE Gas at 295 to 305.

Source · Based on the filing body and exhibits

2024 Guidance: Capital Expenditures and Cash Flow

The company set 2024 guidance for total capital expenditures of $4,645 to $4,745 (in millions), cash from operations of $3.3, and free cash flow of ($1.4) (in billions).

Source · Based on the filing body and exhibits

2024 to 2028 Investment Plan and DTE Vantage Guidance

The company said its 2024 - 2028 5-year investment plan is about ~$25 billion, DTE Vantage capital investment is $1.0 - $1.5 billion, and DTE Vantage 2024 guidance is $125 - $135 million.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.