DT Midstream $(DTM)$ reported Q4 2025 net income of USD 111 million, or USD 1.08 per diluted share, with Operating Earnings also at USD 111 million (USD 1.08 per diluted share). Q4 2025 Adjusted EBITDA was USD 293 million. For FY 2025, DT Midstream reported net income of USD 441 million, or USD 4.30 per diluted share, with Operating Earnings also at USD 441 million (USD 4.30 per diluted share). FY 2025 Adjusted EBITDA was USD 1.14 billion, up 17%. The company raised its quarterly dividend 7% from Q4 2025 to USD 0.88 per share, payable April 15, 2026, and increased its organic project backlog by about 50% to USD 3.40 billion over the next five years, with pipeline projects comprising 75% of the backlog. DT Midstream also reached final investment decisions on an expansion of Viking Gas Transmission and the next phase of its interstate pipeline modernization program, and issued 2026 Adjusted EBITDA guidance of USD 1.16 billion to USD 1.23 billion.
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