DT Midstream, Inc. Reports Strong First Quarter 2026 Financial Results and Advances Growth Projects

DT Midstream, Inc. reported strong financial results for the first quarter of 2026, with net income of $130 million, or $1.27 per diluted share. Adjusted EBITDA for the quarter was $308 million. The company announced a quarterly cash dividend of $0.88 per share. DT Midstream is advancing organic growth projects, including investments in the Vector Pipeline 2028 expansion and the Millennium Pipeline R2R project. They also announced successful open seasons for expansions of the Midwestern Gas Transmission and Vector Pipeline, with customer interest exceeding offered capacity. A new power plant lateral from Midwestern Gas Transmission has been placed in service. The company reaffirmed its 2026 and 2027 Adjusted EBITDA guidance and provided an early outlook for 2027.