DT Midstream Reports Strong Second Quarter 2021 Results
DT Midstream, Inc. (DTM)
Company Research
Source: GlobeNewswire
Reaffirms 2021 guidance with bias to high end of rangeAnnounces inaugural dividend of $0.60 per shareCompleted successful spinoff from DTE EnergySolidly positioned DT Midstream as a premier independent midstream company DETROIT, Aug. 06, 2021 (GLOBE NEWSWIRE) -- DT Midstream, Inc. (NYSE: DTM) today announced second quarter 2021 reported net income of $68 million, or $0.70 per diluted share. For the second quarter of 2021, operating earnings were $89 million and adjusted EBITDA was $191 million. Reconciliations of operating earnings and adjusted EBITDA (non-GAAP measures) to reported net income are included at the end of this news release. “Our successful transition to an independent company and today’s second quarter results reinforce our financial strength and position DT Midstream for continued growth as we work to drive value for investors,” said David Slater, president and CEO of DT Midstream. Slater noted the following accomplishments: Completed succes
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- DT Midstream to Announce First Quarter 2024 Financial Results, Schedules Earnings CallGlobeNewswire
- A safe profitable bet on the green transition [Yahoo! Finance]Yahoo! Finance
- DT Midstream, Inc.'s (NYSE:DTM) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock? [Yahoo! Finance]Yahoo! Finance
- DT Midstream, Inc. (NYSE: DTM) had its price target raised by analysts at Barclays PLC from $59.00 to $66.00. They now have an "overweight" rating on the stock.MarketBeat
- DT Midstream Publishes Annual Sustainability ReportGlobeNewswire
DTM
Earnings
- 2/16/24 - Beat
DTM
Sec Filings
- 3/28/24 - Form ARS
- 3/28/24 - Form DEFA14A
- 3/28/24 - Form DEF
- DTM's page on the SEC website