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

DT Midstream Q2 net income $107 million, $1.04 a share; 2025 guidance reaffirmed

Mixed Impact 3 of 5 earnings Written later

DT Midstream reported second-quarter 2025 net income of $107 million, or $1.04 per diluted share, and Adjusted EBITDA of $277 million, both slightly below the first quarter's $108 million, $1.06 per share and $280 million. The company reaffirmed its 2025 Adjusted EBITDA guidance of $1.095 billion to $1.155 billion and gave an early 2026 outlook of $1.155 billion to $1.225 billion, and declared a quarterly dividend of $0.82 per share.

Key points

  • Q2 2025 net income $107 million ($1.04 per diluted share) vs. $108 million ($1.06) in Q1 2025; Adjusted EBITDA $277 million vs. $280 million in Q1
  • Six-month 2025 net income $215 million ($2.10 per share) vs. $193 million ($1.97) in the first half of 2024; six-month Adjusted EBITDA $557 million vs. $493 million
  • 2025 Adjusted EBITDA guidance of $1.095 billion to $1.155 billion reaffirmed; 2026 early outlook of $1.155 billion to $1.225 billion
  • Quarterly dividend of $0.82 per share, payable October 15, 2025 to holders of record September 15, 2025

The filing

CompanyDT Midstream (DTM)
Form8-K, current report
Filed with the SECJul 31, 2025, 6:45 AM ET
Accession number0001140361-25-028102

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:56 AM ET, from this filing 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 July 31, 2025.

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