• Community giving and volunteer hours per employee is leading among midstream peers 20 Distributable Cash Flow (DCF) is calculated by deducting earnings from equity method investees, depreciation and amortization attributable to noncontrolling interests, cash interest expense, maintenance capital investment (as defined below), and cash taxes from, and adding interest expense, income tax expense, depreciation and amortization, certain items we consider non-routine and dividends and distributions from equity ...

DT Midstream, Inc. (NYSE:DTM) Q2 2024 Earnings Conference Call July 30, 2024 9:00 AM ET Company Participants Todd Lohrmann - Director, Investor Relations David Slater - President and Chief Executive Officer Jeff Jewell - Chief Vice President and Chief Financial Officer Conference Call Participants Jeremy Tonet - JP Morgan Michael Blum - Wells Fargo John Mackay - Goldman Sachs Keith Stanley - Wolfe Research Spiro Dounis - Citi Sunil Sibal - Seaport Global Securities Robert Mosca - Mizuho Securities Operator ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 __________________________________________ FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period ended June 30, 2024 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-40392 DT Midstream, Inc. (State or other jurisdiction of incorporation or Delaware 38-2663964 organization) (I.R.S Employer Identi ...

The Oils-Energy group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. DT Midstream (DTM) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Oils-Energy peers, we might be able to answer that question. DT Midstream is one of 248 companies in the Oils-Energy group. The Oils-Energ ...

The company also announced that the DT Midstream Board of Directors declared a $0.735 per share dividend on its common stock payable October 15, 2024 to stockholders of record at the close of business September 16, 2024. "Our second quarter results demonstrate the durability of our business and put us in a strong position to meet our financial goals for 2024," said Jeff Jewell, Executive Vice President and CFO. Reconciliations of Operating Earnings and Adjusted EBITDA (non-GAAP measures) to reported net inc ...

About DT Midstream Why DT Midstream Uses Operating Earnings, Adjusted EBITDA and Distributable Cash Flow Adjusted EBITDA is defined as GAAP net income attributable to DT Midstream before expenses for interest, taxes, depreciation and amortization, and loss from financing activities, further adjusted to include the proportional share of net income from equity method investees (excluding interest, taxes, depreciation and amortization), and to exclude certain items the company considers non-routine. DT Midstre ...

NEWS RELEASE DT Midstream Reports Strong Second Quarter 2024 Results DETROIT, July 30, 2024 – DT Midstream, Inc. (NYSE: DTM) today announced second quarter 2024 reported net income of $96 million, or $0.98 per diluted share. For the second quarter of 2024, Operating Earnings were also $96 million, or $0.98 per diluted share. Adjusted EBITDA for the quarter was $248 million. "We had another strong quarter, and the business is performing on track with our full-year plan," said David Slater, President and CEO. ...

What's Driving the Outperformance? Have you been paying attention to shares of DT Midstream (DTM) ? Shares have been on the move with the stock up 7.1% over the past month. The stock hit a new 52-week high of $75.73 in the previous session. DT Midstream has gained 37.7% since the start of the year compared to the 5.4% move for the Zacks Oils-Energy sector and the 7.9% return for the Zacks Oil and Gas - Integrated - United States industry. For the current fiscal year, DT Midstream is expected to post earning ...

Below, we take a look at DT Midstream (DTM) , which currently has a Momentum Style Score of B. We also discuss some of the main drivers of the Momentum Style Score, like price change and earnings estimate revisions. A good momentum benchmark for a stock is to look at its short-term price activity, as this can reflect both current interest and if buyers or sellers currently have the upper hand. It is also useful to compare a security to its industry, as this can help investors pinpoint the top companies in a ...

Wall Street expects flat earnings compared to the year-ago quarter on higher revenues when DT Midstream (DTM) reports results for the quarter ended June 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of bu ...