secwatch.observer — SEC 8-K summary
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Issuer:     DT Midstream, Inc. (DTM)
CIK:        0001842022
Form:       8-K
Filed at:   2021-07-01T23:59:59+00:00
Accession:  0001193125-21-205933
Event type: other_material
Sentiment:  positive
Materiality: 0.85
Item codes: 1.01, 3.03, 5.03, 5.01, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DT Midstream completes spin-off from DTE (1-for-2), begins trading as DTM
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- Distributed 96.7M shares of DTM common stock to DTE shareholders on 1-for-2 basis.
- New board of 7 directors: Robert Skaggs as Executive Chairman, David Slater as President & CEO.
- 2021 guidance: op earnings $296M-$312M ($3.06-$3.22/sh); adj EBITDA $710M-$750M (7% YoY).
- ESG commitment: net zero GHG by 2050 with interim 30% reduction by 2030.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1842022/000119312521205933/0001193125-21-205933-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1842022/000119312521205933/d136088d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-205933

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