secwatch.observer — SEC 8-K summary
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Issuer:     DT Midstream, Inc. (DTM)
CIK:        0001842022
Form:       8-K
Filed at:   2026-02-19T23:59:59+00:00
Accession:  0001140361-26-006115
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DT Midstream reports record 2025 Adjusted EBITDA $1.138B, up 17% YoY; raises dividend 7%
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- FY 2025 Adjusted EBITDA of $1.138B, 17% increase from 2024; net income $441M ($4.30/diluted share).
- Q4 2025 net income $111M ($1.08/diluted share); Operating Earnings also $111M.
- Dividend raised 7% to $0.88/share; payable April 15, 2026 to holders of record March 16, 2026.
- Organic project backlog increased ~50% to $3.4B over 5 years, with pipeline projects 75% of backlog.
- 2026 Adjusted EBITDA guidance $1.155-1.225B; early 2027 outlook $1.225-1.295B; FIDs on two pipeline projects.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1842022/000114036126006115/0001140361-26-006115-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1842022/000114036126006115/ef20066058_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-26-006115

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