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DT Midstream Reports Strong Second Quarter 2025 Results
DT MidstreamDT Midstream(US:DTM) Globenewswireยท2025-07-31 11:30

Financial Performance - DT Midstream reported a net income of $107 million for Q2 2025, equating to $1.04 per diluted share, with Operating Earnings also at $107 million and Adjusted EBITDA at $277 million [1][3][21] - The company reaffirmed its 2025 Adjusted EBITDA guidance of $1.095 to $1.155 billion and provided an early outlook for 2026 Adjusted EBITDA in the range of $1.155 to $1.225 billion [3][11] Dividend Announcement - The Board of Directors declared a dividend of $0.82 per share, payable on October 15, 2025, to stockholders of record as of September 15, 2025 [2] Business Updates - The company made significant progress on organic projects, with $0.6 billion of projects reaching final investment decisions during Q2 2025 [3][8] - DT Midstream achieved a record high quarterly gathering volume for its Haynesville system and finalized its investment plan for the initial phase of modernization across new interstate pipelines [8][22] Company Overview - DT Midstream operates natural gas interstate and intrastate pipelines, storage, and gathering systems, focusing on transporting clean natural gas across the Southern, Northeastern, and Midwestern United States and Canada [5] - The company aims to transition towards net zero greenhouse gas emissions by 2050, with a target of achieving a 30% reduction in carbon emissions by 2030 [5]