DTM DT MIDSTREAM INC

DT Midstream Announces Early Mechanical Completion of LEAP Phase 2 Expansion

DT Midstream Announces Early Mechanical Completion of LEAP Phase 2 Expansion

DETROIT, Dec. 06, 2023 (GLOBE NEWSWIRE) -- DT Midstream, Inc. (NYSE: DTM) announced today the early mechanical completion of its Phase 2 LEAP expansion. The 400 MMcf/d expansion is now expected to be available for firm service on January 1, 2024. The Phase 2 expansion follows the successful Phase 1 expansion that was completed in August 2023, and will increase the overall capacity of LEAP to 1.7 Bcf/d.

LEAP currently provides interconnectivity between Haynesville production and growing Gulf Coast markets. These domestic industrial and international LNG markets are expected to grow by over 11 Bcf/d by 2033. Customers on LEAP have access to multiple existing or under construction LNG terminals including, Sabine Pass, Cameron, Calcasieu Pass, Plaquemines, and Golden Pass via interconnects with Creole Trail, Cameron Interstate Pipeline, Gillis Access, Texas Eastern, and Transco.

About DT Midstream

DT Midstream (NYSE: DTM) is an owner, operator and developer of natural gas interstate and intrastate pipelines, storage and gathering systems, compression, treatment and surface facilities. The company transports clean natural gas for utilities, power plants, marketers, large industrial customers and energy producers across the Southern, Northeastern and Midwestern United States and Canada. The Detroit-based company offers a comprehensive, wellhead-to-market array of services, including natural gas transportation, storage and gathering. DT Midstream is transitioning towards net zero greenhouse gas emissions by 2050, including a plan of achieving 30% of its carbon emissions reduction by 2030. For more information, please visit the DT Midstream website at



Investor Relations

Todd Lohrmann, DT Midstream, 313.774.2424
 

Media Contact

Steven Rawlings, DT Midstream, 313.774.0690
 
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06/12/2023

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DT Midstream Achieves Investment Grade Credit Rating

DT Midstream Achieves Investment Grade Credit Rating DETROIT, May 20, 2025 (GLOBE NEWSWIRE) -- DT Midstream, Inc. (NYSE: DTM) announced that it has achieved an investment grade rating with two agencies: Moody’s Ratings upgraded DTM’s credit rating to Baa3 with a stable outlook on May 16, 2025; andFitch Ratings upgraded DTM’s credit rating to BBB- with a stable outlook on October 3, 2024. 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 goa...

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DT Midstream Reports Strong First Quarter 2025 Results

DT Midstream Reports Strong First Quarter 2025 Results 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 Midstream Board of Directors...

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DT Midstream to Announce First Quarter 2025 Financial Results, Schedul...

DT Midstream to Announce First Quarter 2025 Financial Results, Schedules Earnings Call DETROIT, April 16, 2025 (GLOBE NEWSWIRE) -- DT Midstream, Inc. (NYSE: DTM) plans to announce first quarter 2025 financial results before the market opens on Wednesday, April 30, 2025. DT Midstream has scheduled a conference call to discuss results for 9:00 a.m. ET (8:00 a.m. CT) the same day. Investors, the news media and the public may listen to a live internet broadcast of the call at this . The participant toll-free telephone dial-in number in the U.S. and Canada is 888.596.4144, and the toll number...

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DT Midstream Reports Record 2024 Results; Raises Dividend and 2025 Adj...

DT Midstream Reports Record 2024 Results; Raises Dividend and 2025 Adjusted EBITDA Guidance Full year 2024 Adjusted EBITDA of $969 millionIncreased dividend by 12%Increased 2025 Adjusted EBITDA guidanceAnnounced new agreements to serve utility-scale power generation projects DETROIT, Feb. 26, 2025 (GLOBE NEWSWIRE) -- DT Midstream, Inc. (NYSE: DTM) today announced fourth quarter 2024 reported net income of $73 million, or $0.73 per diluted share. For the fourth quarter of 2024, Operating Earnings were $94 million, or $0.94 per diluted share. Adjusted EBITDA for...

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DT Midstream Sets 2025 Annual Meeting Date

DT Midstream Sets 2025 Annual Meeting Date DETROIT, Feb. 19, 2025 (GLOBE NEWSWIRE) -- DT Midstream, Inc. (NYSE: DTM) announced that its 2025 Annual Meeting of Stockholders will be Tuesday, May 6. Stockholders of record at the close of business Wednesday, March 12, 2025, are eligible to vote at the meeting. About DT Midstream DT Midstream (NYSE: DTM) is an owner, operator and developer of natural gas interstate and intrastate pipelines, storage and gathering systems, compression, treatment and surface facilities. The company transports clean natural gas for utilities, power plants, m...

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