DT Midstream Reports Q3 Net Income of $115 Million and Raises 2025 EBITDA Guidance
DT Midstream Inc. reported net income of $115.0 million, or $1.13 per diluted share, for the third quarter of 2025. Operating earnings for the period were also $115.0 million, or $1.13 per diluted share. Adjusted EBITDA for the quarter totaled $288.0 million. The company raised its full-year 2025 Adjusted EBITDA guidance to a range of $1,115.0 million to $1,145.0 million. The Board of Directors declared a dividend of $0.82 per share, payable on January 15, 2026, to shareholders of record as of December 15, 2025. Business developments in the quarter included a final investment decision on an upsized Guardian Pipeline "G3" expansion, increasing capacity by approximately 537 MMcf/d, a 40% rise. The company also placed the LEAP Phase 4 expansion project in service ahead of schedule and on budget, and reported another record high in quarterly gathering volume for its Haynesville system.
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