DT Midstream Reports Strong Third Quarter 2026 Results; Raises Adjusted EBITDA Guidance
Globe Newswire•29/10/2026•07:30 ET
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Key Highlights
- ➤Q3 net income $118 million, or $1.16 per diluted share
- ➤Q3 Adjusted EBITDA $301 million, versus $305 million in Q2
- ➤2026 Adjusted EBITDA guidance raised to $1,185-$1,225 million
- ➤$2.4 billion organic growth backlog now committed
- ➤MIST Southbound Phase 1 adds approximately 300 MMcf/d capacity
Expert Statements
David Slater, Chairman and CEO of DT Midstream
“We continue to deliver strong performance in 2026,”
David Slater, Chairman and CEO of DT Midstream
“We are also advancing our organic growth backlog, with $2.4 billion of projects now committed.”
Jeff Jewell, Executive Vice President and CFO of DT Midstream
“Our year-to-date results are ahead of plan,”
Jeff Jewell, Executive Vice President and CFO of DT Midstream
“Based on our strong performance and outlook for the remainder of the year, we are raising our 2026 Adjusted EBITDA guidance to a range of $1,185-$1,225 million.”
DETROIT, Oct. 29, 2026 (GLOBE NEWSWIRE) -- DT Midstream, Inc. (NYSE: DTM) today announced third quarter 2026 reported net income of $118 million, or $1.16 per diluted share and Operating Earnings of $118 million, or $1.16 per diluted share. Adjusted EBITDA for the quarter was $301 million.
Reconciliations of Operating Earnings and Adjusted EBITDA (non-GAAP measures) to reported net income are included at the end of this news release.
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