secwatch.observer — SEC 8-K summary
======================================

Issuer:     DT Midstream, Inc. (DTM)
CIK:        0001842022
Form:       8-K
Filed at:   2024-12-31T23:59:59+00:00
Accession:  0000947871-24-001058
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 2.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DT Midstream closes $1.2B acquisition of three Midwest pipelines from ONEOK
---------------------------------------------------------------------------

- Acquired 100% of Guardian Pipeline, Midwestern Gas Transmission and Viking Gas Transmission for $1.2B cash.
- Pipelines have total capacity >3.7 Bcf/d across ~1,300 miles in seven Midwest states.
- Acquisition funded with cash; no pro forma financials required as <20% significance.
- DTM President/CEO Slater says deal is bolt-on aligned with pure-play natural gas strategy.
- ONEOK counterparty; transaction closed Dec 31, 2024 effective 11:59 PM CT.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1842022/000094787124001058/0000947871-24-001058-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1842022/000094787124001058/ss4288402_8k.htm
  HTML page:      https://secwatch.observer/filing/0000947871-24-001058

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer