earnings
confidence high
sentiment positive
materiality 0.70
DT Midstream Q1 net income $130M ($1.27 EPS); declares $0.88 dividend; advances pipeline expansions
DT Midstream, Inc.
2026-Q1 EPS
reported $1.27
vs consensus $1.16
▲ beat
(+9.8%)
- Q1 2026 net income $130M, diluted EPS $1.27; Adjusted EBITDA $308M.
- Board declared $0.88/share dividend, payable July 15, 2026 to record June 15, 2026.
- Approved investment in Vector Pipeline 2028 expansion and Millennium Pipeline R2R projects.
- Completed non-binding open seasons for Midwestern Gas Transmission and additional Vector expansion, exceeding offered capacity.
- Placed into service a new power plant lateral from Midwestern Gas Transmission.