DT Midstream Q3 net income $88M ($0.90 EPS); raises 2024 EBITDA guidance to $950-980M

DT Midstream, Inc.

2024-Q3 EPS reported $2.87 revenue$732,000,000

Reported net income of $88M, or $0.90 per diluted share, for Q3 2024.
Adjusted EBITDA for Q3 2024 was $241M.
Raised full-year 2024 Adjusted EBITDA guidance to $950M-$980M from prior range.
Reached FID on LEAP Phase 4 expansion to 2.1 Bcf/d, expected in-service H1 2026.
Fitch Ratings upgraded DT Midstream to investment-grade.

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