Safe Harbor Statement Certain information presented herein includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 with respect to the financial condition, results of operations,…
Continuing track record of delivering premium shareholder returns Strong operational and financial performance in 1 2019; well-positioned for future growth 5% 7% operating EPS1 growth through 2024 from 2 2020 base 3 7% dividend…
Environmental, social and governance efforts are key priorities Environmental Net zero carbon emissions by 2050 80% carbon emissions reduction by 2040 80% methane emissions reduction by 2040 Providing renewable natural gas from…
Distinctive continuous improvement culture drives strong track record of cost management vs. peer average All 10,000+ employees engaged in CI to Average annual percentage change in surface and solve problems O&M costs 2008 2018…
Consistently earning authorized ROE in a constructive regulatory environment Ranking of U.S. regulatory jurisdictions1 DTE Electric ROE (Michigan in tier 1) Tier 1 8 10.3% 10.3% 10.1% 10.0% 10.0% Tier 2 9 2015 2016 2017 2018…
Delivering premium operating EPS1 results through disciplined planning and management History of exceeding operating EPS guidance Robust planning Annually create detailed 5-year plan 6.30 Includes earnings contingency across the…
Clear line of sight for growth supported by investment in utility infrastructure and disciplined non-utility opportunities (billions) 2020 2024 DTE Energy investment 19 billion Electric: Distribution infrastructure, 12 cleaner…
Potential 2 billion upside to 5-year utility investment plan with visible infrastructure investment (billions) Utility investment plan 1.0 1.5 billion additional electric investments above 5-year plan Additional 2 opportunity…
DTE Electric: transformational investments in generation and distribution provide customers cleaner, more reliable energy (billions) 2020 2024 electric investment Transformational investments Cleaner energy 3 Delivering 80%…
Steady march toward clean, reliable, affordable, home-grown energy Cleaner generation mix 1% 2% 17% 20% 25 30% Renewables 18% 20 25% Natural gas 20% 77% 20% Nuclear & other 45% 30% Coal 2005 2023E 2030E River St.…
DTE Gas: replacing aging infrastructure reduces methane emissions while improving performance, cost and productivity (billions) 2020 2024 gas investment Transformational investments Main renewal Minimizing leaks to reduce costs…
Committed to methane reduction goal of 80% by 2040 Reduced methane emissions continuing reductions in to achieve goal by 2040 more than 20% since 2011 2020... Compressor station upgrades Main renewal program Continued…
GSP: high-quality assets with revenue certainty is the foundation for long-term growth 85% of total revenue covered by fixed Pipeline revenue contracts and flowing gas Connecting world-class supply basins to high-quality markets…
Majority of GSP growth secured; delivering higher operating earnings1 with increased certainty (millions) GSP operating earnings 9.5% Focusing on continued organic growth from well-positioned platforms 400 420 Majority of future…
P&I: achieving growth from high- quality platforms Industrial energy services Developing new cogeneration projects to improve customer environmental attributes and lower energy costs Renewable energy Expanding RNG business at…
Operating earnings1 are underpinned by RNG and cogeneration growth opportunities (millions) P&I operating earnings RNG and cogeneration projects drive long- term earnings 133 148 Backfill sunsetting REF projects with 125 135 new…
CONTACT US DTE Investor Relations www.dteenergy.com/investors 313.235.8030 18
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DTE Energy 70% 75% utility DTE Electric Electric generation and distribution DTE Gas Natural gas transmission, storage and distribution 25% 30% non-utility Gas Storage & Pipelines (GSP) Transport, store and gather natural…
Commitment to strong culture provides a solid framework for success Safety National Safety Councils top 2% of companies surveyed in safety culture Employee engagement Top 3% in the world by Gallup; 7 consecutive Gallup Great…
Positioned for continued growth from strong 2020 guidance Operating EPS1 2020 operating EPS guidance midpoint provides 7.5% growth from 2019 original guidance 7.5% Well-positioned for 5% 7% operating EPS growth through 2024…
2020 operating earnings1 guidance (millions, except EPS) 2020 operating earnings guidance DTE Electric 759 - 773 DTE Gas 185 - 193 Gas Storage & Pipelines 277 - 293 Power & Industrial Projects 133 - 148 Energy Trading 15 -…
Maintaining strong cash flow, balance sheet and credit profile (billions) 1.6 billion of available liquidity at year-end Planned equity issuances 2019 2020 2022 Maintaining strong investment-grade credit 1.3 rating and…
Cash flow and capital expenditures Cash flow Capital expenditures (billions) (millions) 2020 2020 guidance guidance Cash from operations1 3.0 DTE Electric Capital expenditures (4.5) Base infrastructure 680 Free cash flow (1.5)…
DTE Electric and DTE Gas regulatory update DTE Electric DTE Gas General rate case filed July 2019 General rate case filed November 2019 (U-20561) (U-20642) Effective: May 2020 Effective: October 2020 Rate recovery: 351 million…
Blue Union and LEAP asset additions to portfolio provide great value and growth Perryville Hub Premier assets in high-quality Haynesville Carthage Hub basin Southeast Power Markets Existing fully contracted gathering system Gulf…
Haynesville has experienced rapid growth other the past 3 years Haynesville production, 2013 2019 Driven by technology innovation, the (Bcf/d) Haynesville basin has expanded since 12 2017 after a flat production period from 2013…
2018 2019 reconciliation of reported to operating earnings (non-GAAP) Use of Operating Earnings Information DTE Energy management believes that operating earnings provide a more meaningful representation of the companys earnings from…
2018 2019 reconciliation of reported to operating EPS (non-GAAP) Use of Operating Earnings Information DTE Energy management believes that operating earnings provide a more meaningful representation of the companys earnings from ongoing…
2008 reconciliation of reported to operating EPS (non-GAAP) Use of Operating Earnings Information DTE Energy management believes that operating earnings provide a more meaningful representation of the companys earnings from ongoing…
Reconciliation of reported to operating earnings (non-GAAP) Use of Operating Earnings Information Operating earnings exclude non-recurring items, certain mark-to-market adjustments and discontinued operations. DTE Energy management…
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