earnings
confidence high
sentiment positive
materiality 0.65
DT Midstream Q2 net income $91M ($0.93 EPS); reaffirms guidance, expands Haynesville
DT Midstream, Inc.
2022-Q2 EPS reported
$1.77
revenue$442,000,000
- Q2 net income $91M ($0.93 diluted EPS); operating earnings $79M ($0.80).
- Adjusted EBITDA $205M for Q2; reaffirms FY22 adjusted EBITDA guidance $770-810M.
- Declares quarterly dividend $0.64/share; payable Oct 15, 2022 to holders of record Sep 19.
- Announces Phase 2 expansion of Haynesville LEAP system to 1.7 Bcf/d by Q1 2024.
- Reaffirms 2023 adjusted EBITDA early outlook of $810-850M.