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AI brief of an SEC Form 8-K · DT Midstream (DTM)

DT Midstream closes $1.2 billion acquisition of three Midwest natural gas pipelines

Neutral Impact 4 of 5 m&a Written later

DT Midstream completed its acquisition of Guardian Pipeline, Midwestern Gas Transmission and Viking Gas Transmission from ONEOK parties effective 11:59 p.m. Central Time on December 31, 2024, for a $1.2 billion purchase price. The company said the deal expands its pipeline segment revenue contribution, backed by take-or-pay contracts with utility customers, but the filing does not provide financial results for the acquired assets.

Key points

  • Purchase price of $1.2 billion, paid in cash per the press release
  • Acquired pipelines have total capacity of more than 3.7 Bcf/d and about 1,300 miles across seven states
  • Purchase agreement dated November 19, 2024, with ONEOK Partners Intermediate Limited Partnership and Border Midwestern Company
  • No pro forma financial statements required, as the deal does not exceed 20% significance under Regulation S-X 3-05

The filing

CompanyDT Midstream (DTM)
Form8-K, current report
Filed with the SECDec 31, 2024, 9:15 AM ET
Accession number0000947871-24-001058

Items reported: 2.01 Acquisition or Disposition Completed7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:56 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on December 31, 2024.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.