DTE Energy Co (LTS:0I6Q)
$ 117.8652 -4.1198 (-3.38%) Market Cap: 24.40 Bil Enterprise Value: 47.16 Bil PE Ratio: 15.96 PB Ratio: 2.10 GF Score: 66/100
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Q3 2020 DTE Energy Co Earnings and Plan to Spin-Off the DTE Midstream Business Announcement Call Transcript

Oct 27, 2020 / 01:00PM GMT
Release Date Price: $91.71
Operator

Ladies and gentlemen, thank you for standing by and welcome to the DTE Energy Third Quarter Earnings Conference Call. (Operator Instructions)

Please be advised that today's conference is being recorded. (Operator Instructions) I would now like to hand the conference over to your speaker for today, Barbara Tuckfield, Director of Investor Relations. Please go ahead.

Barbara Tuckfield
DTE Energy Company - Director - IR

Thank you and good morning, everyone. Before we get started, I would like to remind everyone to read the safe harbor statement on Page 2 of the presentation, including the reference to forward-looking statements. Our presentation also includes references to operating earnings, which is a non-GAAP financial measure. Please refer to the reconciliation of GAAP earnings to operating earnings provided in the appendix of today's presentation.

With us this morning are Jerry Norcia, President and CEO, who will discuss the transaction we announced this morning that transitions DTE into a predominantly pure-play utility. We also have David

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