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DT Midstream Achieves Investment Grade Rating with All Three Major Credit Rating Agencies
Globenewswire· 2025-07-08 20:15
DETROIT, July 08, 2025 (GLOBE NEWSWIRE) -- DT Midstream, Inc. (NYSE: DTM) announced today that it has achieved an investment grade rating with all three major credit rating agencies: Fitch Ratings upgraded DTM’s credit rating to BBB- with a stable outlook on October 3, 2024;Moody’s Ratings upgraded DTM’s credit rating to Baa3 with a stable outlook on May 16, 2025; andS&P Global Ratings upgraded DTM’s credit rating to BBB- with a stable outlook on July 8, 2025. “The investment grade ratings are a recognition ...
DT Midstream Achieves Investment Grade Credit Rating
Globenewswire· 2025-05-20 11:00
DETROIT, May 20, 2025 (GLOBE NEWSWIRE) -- DT Midstream, Inc. (NYSE: DTM) announced that it has achieved an investment grade rating with two agencies: With investment grade ratings from these two credit agencies, DTM expects an improvement in liquidity and reduced interest expense. "Achievement of an investment grade credit rating was a strategic goal we had since we became a standalone public company," said David Slater, President and CEO. "The ratings upgrades are a recognition of the strength of our balan ...
DT Midstream Reports Strong First Quarter 2025 Results
Globenewswire· 2025-04-30 11:30
DETROIT, April 30, 2025 (GLOBE NEWSWIRE) -- DT Midstream, Inc. (NYSE: DTM) today announced first quarter 2025 reported net income of $108 million, or $1.06 per diluted share. For the first quarter of 2025, Operating Earnings were $108 million, or $1.06 per diluted share. Adjusted EBITDA for the quarter was $280 million. Reconciliations of Operating Earnings and Adjusted EBITDA (non-GAAP measures) to reported net income are included at the end of this news release. The company also announced that the DT Mid ...