Quarterly ResultApr 30, 2026, 02:38 PM
DTM Q1 Operating Revenue +10.9% to $336M; EPS $1.27
AI Summary
DT Midstream, Inc. reported strong first-quarter 2026 results, with operating revenues increasing by 10.9% to $336 million and net income attributable to DT Midstream rising 20.4% to $130 million. Diluted earnings per share grew by 19.8% to $1.27. The company also saw significant growth in both its Pipeline and Gathering segments, alongside a 13.4% increase in net cash from operating activities.
Key Highlights
- Operating revenues increased 10.9% to $336 million for Q1 2026.
- Net income attributable to DT Midstream rose 20.4% to $130 million.
- Diluted EPS grew 19.8% to $1.27 for the quarter.
- Pipeline segment revenue increased 9.5% to $185 million.
- Gathering segment revenue increased 16.4% to $156 million.
- Net cash from operating activities rose 13.4% to $280 million.
- Dividends declared were $0.880 per common share, up 7.3%.
Price Impact
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