earnings
confidence high
sentiment positive
materiality 0.60
DT Midstream Q1 net income $81M ($0.84 EPS), adj. EBITDA $191M; reaffirms 2022 guidance
DT Midstream, Inc.
2022-Q1 EPS reported
$0.84
revenue$215,000,000
- Q1 net income $81M ($0.84 diluted EPS); adjusted EBITDA $191M.
- Reaffirms 2022 adjusted EBITDA guidance $770-810M; 2023 early outlook $810-850M.
- Expanded Appalachia Gathering System agreements; new 5-yr NEXUS contract for 100 MMcf/d.
- Partnered with Cheniere on emissions monitoring equipment for carbon neutral pathway.