earnings
confidence high
sentiment positive
materiality 0.65
DT Midstream Q2 net income $96M, Adjusted EBITDA $248M; declares $0.735 dividend
DT Midstream, Inc.
2024-Q2 EPS reported
$1.97
revenue$484,000,000
- Net income $96M ($0.98 diluted EPS); Operating Earnings also $96M ($0.98).
- Adjusted EBITDA $248M for Q2 2024.
- Quarterly dividend declared $0.735/share, payable Oct 15 to holders of record Sep 16.
- LEAP Phase 3 expansion placed in-service early and on budget; new producer agreements in East Texas.
- Class V test well for carbon capture project in Louisiana confirms formation suitability.