earnings
confidence high
sentiment positive
materiality 0.65
DT Midstream Q1 net income $97M ($0.99 EPS), Adj. EBITDA $245M; declares $0.735 dividend
DT Midstream, Inc.
2024-Q1 EPS reported
$0.99
revenue$240,000,000
- Reported net income $97M ($0.99 diluted EPS); Adjusted EBITDA $245M.
- Board declares $0.735/share dividend payable July 15, 2024; record date June 17.
- Stonewall Gas Gathering expansion announced with new Mountain Valley Pipeline interconnect.
- Completed 1 Bcf/d interconnect between Haynesville system and Gillis Access project.
- Finished Class V test well for carbon capture and sequestration project in Louisiana.