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Sep 30, 2023

DT Midstream Q3 2023 Earnings Report

Reported strong results in the third quarter of 2023.

Key Takeaways

DT Midstream reported a net income of $91 million, or $0.94 per diluted share, for the third quarter of 2023. The adjusted EBITDA for the quarter was $236 million.

Net income for the third quarter of 2023 was $91 million, or $0.94 per diluted share.

Operating earnings for the third quarter of 2023 were $91 million, or $0.94 per diluted share.

Adjusted EBITDA for the quarter was $236 million.

The DT Midstream Board of Directors declared a $0.69 per share dividend on its common stock payable January 15, 2024.

Total Revenue
$234M
Previous year: $235M
-0.4%
EPS
$0.94
Previous year: $0.9
+4.4%
Adjusted EBITDA
$236M
Previous year: $207M
+14.0%
Gross Profit
$130M
Previous year: $170M
-23.5%
Cash and Equivalents
$30M
Previous year: $355M
-91.5%
Free Cash Flow
$33M
Previous year: $77M
-57.1%
Total Assets
$8.86B
Previous year: $8.42B
+5.3%

DT Midstream

DT Midstream