DT Midstream Q3 net income $91M ($0.94 EPS); updated FY23 EBITDA guidance $905-925M

DT Midstream, Inc.

2023-Q3 EPS reported $2.70 revenue$678,000,000

Q3 2023 net income of $91M ($0.94/diluted share); adjusted EBITDA $236M.
FY2023 adjusted EBITDA guidance updated to $905-925M; distributable cash flow $650-675M.
Dividend of $0.69/share declared, payable Jan 15, 2024 to holders of record Dec 18, 2023.
LEAP Phase 1 expansion placed in-service ahead of schedule; Ohio Utica Pipeline on track for Q1 2024.
NEXUS Pipeline leased additional ~50 MMcf/d of capacity.

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 0.98

DT Midstream, Inc. reported Third quarter 2023 results: net income 91 million, EPS 0.94 per diluted share.

Period: Third quarter 2023
Net income: 91 million
EPS: 0.94 per diluted share
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 November 1, 2023, announcing financial results for the quarter ended September 30, 2023.

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.98

DT Midstream, Inc. reported Third quarter 2023 results: net income 91 million, EPS 0.94 per diluted share.

Period: Third quarter 2023
Net income: 91 million
EPS: 0.94 per diluted share
Result: reported results

Exact text from the filing

DT Midstream, Inc. (NYSE: DTM) today announced third quarter 2023 reported net income of $91 million, or $0.94 per diluted share.

View on SEC.gov

51 earnings releases filed in the last 30 days. Browse all earnings releases →

DT Midstream, Inc. filing history →

Source: SEC EDGAR

accession 0000947871-23-001024

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