For Q1 FY2026 ended March 31, 2026, DT Midstream reported revenue of $336 million, up 10.9% year-over-year. Net income rose 20.4% to $130 million, and diluted EPS increased 19.8% to $1.27. Operating income grew 12.2% to $166 million. The company had $150 million in cash, $4.753 billion in equity, and $3.325 billion in long-term debt.
•Revenue increased 10.9% YoY to $336 million.
•Net income rose 20.4% YoY to $130 million.
•Diluted EPS grew 19.8% to $1.27.
•Operating income up 12.2% to $166 million.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
DT Midstream provides integrated natural gas services in the United States. The company operates in two segments, Pipeline and Gathering. The Pipeline segment owns and operates interstate and intrastate natural gas pipelines, storage systems, and natural gas gathering lateral pipelines. This segment also engages in the transportation and storage of natural gas for intermediate and end-user customers.
The Gathering segment owns and operates gas gathering systems. This segment is involved in the collection of natural gas for delivery to plants for treating, to gathering pipelines for further gathering, or to pipelines for transportation
Associated ancillary services, including compression, dehydration, gas treatment, water impoundment, water transportation, water disposal, and sand mining. The company serves natural gas producers, local distribution companies, electric power generators, industrials, and national marketers. Incorporated in 2021, the company is headquartered in Detroit, Michigan.
DT Midstream, Inc. is an energy company that provides integrated natural gas services in the United States. It operates through two main segments: Pipeline and Gathering. The Pipeline segment owns and operates interstate and intrastate natural gas pipelines, storage systems, and natural gas gathering lateral pipelines, focusing on the transportation and storage of natural gas for intermediate and end-user customers. The Gathering segment owns and operates gas gathering systems that collect natural gas for delivery to treatment plants, gathering pipelines, or transportation pipelines. It also offers ancillary services such as compression, dehydration, gas treatment, water impoundment, water transportation, water disposal, and sand mining. The company serves a diverse customer base including natural gas producers, local distribution companies, electric power generators, industrials, and national marketers.
Where is DT Midstream listed and what currency does it trade in?
DT Midstream, Inc. is listed on the New York Stock Exchange (NYSE) under the ticker symbol DTM. The company trades in US Dollars (USD), as it is headquartered in the United States and its primary operations are domestic. Being listed on the NYSE provides investors with access to a major global exchange with high liquidity and regulatory oversight. The use of USD as the trading currency aligns with the company's revenue and cost base, which are predominantly in US dollars, reducing currency risk for US-based investors.
What sector and industry does DT Midstream operate in?
DT Midstream operates in the Energy sector, specifically within the Oil & Gas Midstream industry. The midstream sector involves the transportation, storage, and processing of oil and natural gas, serving as a critical link between upstream production and downstream distribution. As a midstream company, DT Midstream focuses on natural gas infrastructure, including pipelines and gathering systems, rather than exploration or production. This positions it to benefit from stable fee-based revenues, as its services are essential for moving natural gas from production sites to end users. The company's operations are concentrated in the United States, where it supports the energy supply chain for various customers.
Where is DT Midstream headquartered and what markets does it serve?
DT Midstream, Inc. is headquartered in Detroit, Michigan, United States. The company serves a broad range of customers across the natural gas value chain, including natural gas producers, local distribution companies, electric power generators, industrials, and national marketers. Its operations are primarily focused in the United States, leveraging its pipeline and gathering infrastructure to connect supply basins with demand centers. The company's integrated services support the delivery of natural gas for residential, commercial, and industrial use, as well as for power generation. By serving diverse customer segments, DT Midstream plays a key role in the US energy market, ensuring reliable natural gas transportation and storage.
How does DT Midstream make money?
DT Midstream generates revenue through its two business segments: Pipeline and Gathering. The Pipeline segment earns income by transporting and storing natural gas via its interstate and intrastate pipelines and storage systems, charging fees for capacity reservations and actual usage. The Gathering segment collects natural gas from production sites and delivers it to processing plants or pipelines, earning fees for gathering and ancillary services such as compression, dehydration, gas treatment, and water management. These services are typically provided under long-term contracts, providing a stable and predictable revenue stream. The company's business model is fee-based, meaning its earnings are less dependent on commodity price fluctuations and more on the volume of natural gas transported and processed. This structure allows DT Midstream to generate consistent cash flows from its midstream assets.