DT Midstream Q3 adjusted EPS beats estimates, raises EBITDA guidance

DT Midstream

30/10/2025 11:42

Overview

DT Midstream Q3 net income $115 mln, adjusted EPS beats analyst expectations

Company increases 2025 adjusted EBITDA guidance to $1,115 - $1,145 mln

DT Midstream expands Guardian Pipeline capacity by 40%

Outlook

Company raises 2025 Adjusted EBITDA guidance to $1,115 - $1,145 mln

DT Midstream cites strong year-to-date performance as reason for guidance increase

Result Drivers

PIPELINE EXPANSION - Final investment decision on Guardian Pipeline expansion increases capacity by 40%

PROJECT COMPLETION - LEAP Phase 4 expansion project completed early and on budget

RECORD VOLUMES - Achieved record high quarterly gathering volume for Haynesville system

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Adjusted EPS
Beat
$1.13
$1.08 (10 Analysts)
Q3 EPS
$1.13
Q3 Net Income
$115 mln
Q3 Adjusted EBITDA
$288 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 6 "hold" and 2 "sell" or "strong sell"

The average consensus recommendation for the oil & gas transportation services peer group is "buy"

Wall Street's median 12-month price target for DT Midstream Inc is $115.00, about 7.5% above its October 29 closing price of $106.41

The stock recently traded at 23 times the next 12-month earnings vs. a P/E of 24 three months ago

Press Release: ID:nGNXcgwBts

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)