DTE Energy Co (DTE) Q4 2022 Earnings Call Transcript

DTE Energy Co (NYSE:DTE) Q4 2022 Earnings Conference Call February 23, 2023 9:00 AM ET

Company Participants

Barbara Tuckfield - Director, IR

Gerardo Norcia - CEO & Chairman

David Ruud - SVP & CFO

Conference Call Participants

Constantine Lednev - Guggenheim Securities

Agnieszka Storozynski - Seaport Research Partners

David Arcaro - Morgan Stanley

Michael Sullivan - Wolfe Research

Andrew Weisel - Scotiabank

Anthony Crowdell - Mizuho Securities

Operator

Ladies and gentlemen, thank you for standing by. My name is Brent, and I will be your conference operator today. At this time, I would like to welcome everyone to the DTE Energy Fourth Quarter 2022 Earnings Conference Call. [Operator Instructions].

It is now my pleasure to turn today's call over to Barbara Tuckfield, Director of Investor Relations. Ma'am, please go ahead.

Barbara Tuckfield

Thank you, and good morning, everyone. Before we get started, I would like to remind you 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.

With us this morning are Jerry Norcia, Chairman, President and CEO; and Dave Ruud, Senior Vice President and CFO. And now I'll turn it over to Jerry to start the call this morning.

Gerardo Norcia

Thanks, Barb, and good morning, everyone, and thanks for joining us. I hope everyone is having a healthy and safe year so far. This morning, I'll start by giving you a recap on our outstanding 2022 business performance, provide highlights on how we are well positioned for 2023, and give an overview on the robust opportunities in our long-term plan.

Dave Ruud will provide a financial update and wrap things up before we take your questions. I'll begin on Slide 4. We delivered another solid year for all our stakeholders in 2022, which included delivering strong financial results, continuing our excellent track record of creating shareholder value for our investors.

I continue to be impressed by our amazing team that delivers exceptional service to our customers and to each other. I always say that employee engagement is the secret sauce that drives our success at DTE. And our team continues to operate at top decile engagement levels as measured by the Gallup organization.