DTE Energy Company (DTE) CEO Jerry Norcia on Q1 2022 Results - Earnings Call Transcript

DTE Energy Company (NYSE:DTE) Q1 2022 Earnings Conference Call April 28, 2022 9:00 AM ET

Company Participants

Barbara Tuckfield - Director of IR

Jerry Norcia - President and CEO

Dave Ruud - SVP and CFO

Conference Call Participants

Shar Pourreza - Guggenheim Partners

Ryan Karnish - JP Morgan

Angie Storozynski - Seaport

Insoo Kim - Goldman Sachs

Jonathan Arnold - Vertical Research Partners

Andrew Weisel - Scotiabank

Ryan Levine - Citi

Michael Sullivan - Wolfe Research

Anthony Crowdell - Mizuho

Travis Miller - Morningstar

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 First Quarter 2022 Earnings Conference Call. [Operator Instructions] Thank you.

It's now my pleasure to turn today's call over to Ms. Barbara Tuckfield, Director of Investor Relations. 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 two 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, 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.

Jerry Norcia

Thanks, Barb, and good morning everyone, and thanks for joining us.

On today's call, I'll start off by discussing DTE's strong start for 2022 and provide highlights on our transition to cleaner generation. Dave Ruud will provide a financial update and wrap things up before we take your questions.

As shown on slide four, the success that DTE has achieved continues to be the result of our focus on employees, customers and communities. We continue to focus on improving the health and well-being of our team, and cultivating deeper employee engagement, which results in being able to deliver service excellence.

Beginning with our team, for the 10th consecutive year DTE earned the Gallup Great Workplace Award. When we won our first award, they told us the hardest thing to do would be to win it again. And now, we have done it for a full decade. I'm proud of this recognition, which shows the dedication and engagement of our team.