DT Midstream raised its 2026 adjusted EBITDA guidance to $1.185 to $1.225 billion, announced FID on approximately $0.4 billion of organic growth projects, and increased total committed capital to approximately $2.4 billion.
DTM · DT Midstream, Inc.
You came from your AI assistant. Add Equibles to it and ask about this data directly, free.
Price & Indicators
Up next
Latest documents
DT Midstream reported nine months ended September 30, 2026 operating revenues of 1,015 million and net income attributable to DT Midstream of 360 million, versus 926 million and 330 million in 2025; available liquidity was approximately 1.2 billion.
DT Midstream reported third quarter 2026 net income of $118 million, or $1.16 per diluted share, and Adjusted EBITDA of $301 million; it raised 2026 Adjusted EBITDA guidance to $1,185-$1,225 million and declared a $0.88 per share dividend.
Metrics snapshot
Useful current figures from the complete screener profile.
Quarterly results
* Q4 derived as the full year minus Q1 to Q3.
Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Still-open targets the latest release did not restate under the same label.
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders NeutralIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Adjusted EBITDA non-GAAP | 305M | second quarter 2026 | — |
|
|
|||
GAAP → non-GAAP reconciliationGAAP Net Income Attributable to DT Midstream 112M
+42M Plus: Interest expense
+53M Plus: Income tax expense
+68M Plus: Depreciation and amortization
+66M Plus: EBITDA from equity method investees
-1M Less: Gain from financing activities
-1M Less: Interest income
-33M Less: Earnings from equity method investees
-1M Less: Depreciation and amortization attributable to noncontrolling interests
= Adjusted EBITDA 305M
|
|||
| Committed investments | $985M | 2026 and 2027 | — |
| Distributable Cash Flow non-GAAP | 448M | Six Months Ended June 30, 2026 | — |
| Gathering segment Adjusted EBITDA non-GAAP | $105M | Q2 2026 | — |
|
|
|||
| Haynesville throughput | 2.2 | Q2 2026 | — |
| LEAP capacity | 2.3 | Q2 2026 | — |
| Maintenance Capital | $24M | Q2 2026 | — |
|
|
|||
| Northeast throughput | 1.42 | Q2 2026 | — |
| Operating Earnings non-GAAP | $242M | Six Months Ended June 30, 2026 | — |
|
|
|||
| Operating EPS non-GAAP | $2.36 | Six Months Ended June 30, 2026 | — |
|
|
|||
| Pipeline segment Adjusted EBITDA non-GAAP | $200M | Q2 2026 | — |
|
|
|||
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Oil & Gas Midstream — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
DTM
this stock
DT Midstream, Inc.
|
$12.21B | +0.0% | +26.7% | 26.1 | 7.6% |
|
ENB
Enbridge Inc
|
$106.25B | -0.3% | — | — | 2.5% |
|
WMB
Williams Companies, Inc.
|
$84.51B | +14.9% | +13.8% | 27.2 | 2.4% |
|
EPD
Enterprise Products Partners L.P.
|
$82.55B | +19.4% | -6.4% | 12.7 | 0.8% |
|
KMI
Kinder Morgan, Inc.
|
$71.11B | +16.1% | +12.2% | 19.7 | 1.9% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every section- Filed
- Oct 29, 2026
- This year
- 14
DT Midstream reported third quarter 2026 net income of $118 million, or $1.16 per diluted share, and Adjusted EBITDA of $301 million; it raised 2026 Adjusted EBITDA guidance to $1,185-$1,225 million and declared a $0.88 per share dividend.
ViewPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| DTM | +5.3% | -3.2% | -20.0% | -3.7% | +0.0% |
| SPY | +2.6% | -1.2% | +0.5% | -0.2% | +10.6% |
| vs SPY | +2.8% | -2.0% | -20.5% | -3.5% | -10.6% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.