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Dec 31, 2024
DT Midstream Q4 2024 Earnings Report
DT Midstream reported record results for Q4 2024, driven by strategic acquisitions and organic growth.
Key Takeaways
DT Midstream reported net income of $73 million for Q4 2024, with EPS of $0.73 and operating earnings of $94 million, or $0.94 per share. Adjusted EBITDA for the quarter was $235 million, reflecting continued success in organic growth projects and acquisitions.
Net income for Q4 2024 was $73 million.
EPS was reported at $0.73, with operating earnings of $0.94 per share.
Adjusted EBITDA for the quarter totaled $235 million.
Announced increased dividend by 12% to $0.82 per share.
Forward Guidance
DT Midstream expects significant growth in 2025, driven by increased adjusted EBITDA guidance and strategic projects.
Positive Outlook
- Increased 2025 adjusted EBITDA guidance range to $1.095-$1.155 billion.
- Projected 2026 adjusted EBITDA early outlook of $1.155-$1.225 billion.
- 12% increase in quarterly dividend to $0.82 per share.
- Strong pipeline for future organic growth projects.
- Continued focus on expanding the asset footprint.
Challenges Ahead
- Potential economic headwinds impacting the energy sector.
- Increased interest expenses projected for 2025.
- Higher costs associated with planned capital investments.
- Potential regulatory challenges impacting future projects.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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