DTM News and Press, DT Midstream Inc. From 09/29/22

DT Midstream ( NYSE: DTM ) has agreed to acquire an additional 26.25% stake in Millennium Pipeline for ~$552M in cash. Under the terms of the agreement, DTM will acquire National Grid’s full ownership interests in Millennium Pipeline. The purchase will bring DT Mids...

Premier, fully contracted pipeline with creditworthy customers Immediately accretive transaction Consistent with core investment thesis DETROIT, Sept. 29, 2022 (GLOBE NEWSWIRE) -- DT Midstream, Inc. (NYSE: DTM) today announced that it has entered into...

Summary Many investors became investors in DTM when DTE spun-off the company; I'm one of those investors. After initially looking at the spin-off, I felt it was a good opportunity to retain the shares distributed. They've succeeded as a standalone company in an ever more volat...

Summary DT Midstream is a natural gas-focused midstream company operating in the Haynesville Shale and Appalachia. The company has a long history of cash flow growth and is very well positioned to continue to do so. The firm should be able to grow its adjusted EBITDA at a 5% t...

DT Midstream, Inc. (DTM) Q2 2022 Earnings Conference Call August 03, 2022, 09:00 ET Company Participants Todd Lohrmann - Director, IR David Slater - President, CEO & Director Jeffrey Jewell - EVP, CFO & CAO Conference Call Participants John Ma...

DT Midstream ( NYSE: DTM ) said on Wednesday it reached a final investment decision on the Phase 2 expansion of the LEAP natural gas pipeline in Louisiana, which will expand the system to 1.7B cf/day by Q1 2024. The LEAP pipeline is a 155-mile conduit stretching from the...

DT Midstream press release ( NYSE: DTM ): Q2 Non-GAAP EPS of $0.80. Adjusted EBITDA for the quarter was $205M. Reaffirms 2022 adjusted EBITDA guidance of $770M to $810M Reaffirms 2023 adjusted EBITDA early outlook of $810M to $850M . For further details s...

Announces Phase 2 expansion of Haynesville system Reaffirms 2022 adjusted EBITDA guidance of $770 to $810 million Reaffirms 2023 adjusted EBITDA early outlook of $810 to $850 million Declares quarterly dividend of $0.64 per share DETROIT, ...

DT Midstream ( NYSE: DTM ) is scheduled to announce Q2 earnings results on Wednesday, August 3rd, before market open. The consensus EPS Estimate is $0.88 (-3.3% Y/Y) and the consensus Revenue Estimate is $223.25M Over the last 3 months, EPS estimates have seen 3 upwa...

Plains All American Pipeline ( NASDAQ: PAA ) and Plains GP Holdings ( NASDAQ: PAGP ) trade lower Monday after Wolfe Research downgraded both names to Peer Perform from Outperform, seeing better long-term prospects for firms focused on natural gas and natural gas liquids...