Dt Midstream, Inc. ( (DTM) ) has released its Q3 earnings. Here is a breakdown of the information Dt Midstream, Inc. presented to its investors.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
DT Midstream, Inc. is a Detroit-based company that operates and develops natural gas pipelines, storage, and gathering systems across the United States and Canada, focusing on clean energy transportation with a commitment to achieving net zero greenhouse gas emissions by 2050.
In its latest earnings report, DT Midstream announced a robust financial performance for the third quarter of 2025, with a reported net income of $115 million and an adjusted EBITDA of $288 million. The company also declared a dividend of $0.82 per share, reflecting its strong financial health.
Key highlights from the report include a significant 40% capacity increase in the Guardian Pipeline expansion, the early and on-budget completion of the LEAP Phase 4 expansion project, and record-high quarterly gathering volumes in the Haynesville system. These strategic moves underscore the company’s operational efficiency and growth trajectory.
Looking ahead, DT Midstream has raised its adjusted EBITDA guidance for 2025 to a range of $1,115 to $1,145 million, indicating confidence in its ongoing performance and strategic initiatives. The company remains focused on maintaining its strong financial position while advancing its environmental goals.