Midstream's Current Leverage Ratios Are in Line With Targets Midstream Leverage Ratios Vary, With Canadian C-Corps at the Higher End The U.S. 1099-issuers shown in the chart are uniformly below 4x leverage, with the exception of Venture Global (VG), driven by its capital-intensive buildout of liquefied natural gas (LNG) terminals. DT Midstream (DTM)has seen its leverage come down to 2.9x. The company was upgradedto BBB- by S&P in July 2025, achieving a long-held goal to become investment-grade rated. Antero ...