DT Midstream Q4 net income $85M; raises 2023 EBITDA guidance, increases dividend 8%

DT Midstream, Inc.

2022-FY EPS reported $3.81 revenue$920,000,000

Q4 2022 net income $85M ($0.88 diluted EPS); Operating Earnings $91M ($0.93); Adjusted EBITDA $227M.
2023 Adjusted EBITDA guidance raised to $880-920M; 2024 early outlook $920-970M (9% CAGR from original 2022 guidance).
Board declared $0.69 quarterly dividend (8% increase), payable April 15, 2023 to holders of record March 20, 2023.
2022 results exceeded high end of company's prior guidance.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

DT Midstream, Inc. reported financial results for the year ended December 31, 2022.

Period: the year ended December 31, 2022
Result: reported results

Exact text from the filing

DT Midstream, Inc. (“DT Midstream”) is furnishing the Securities and Exchange Commission with its earnings release issued February 16, 2023, announcing financial results for the year ended December 31, 2022.

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DT Midstream, Inc. filing history →

Source: SEC EDGAR

accession 0000947871-23-000197

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