DT Midstream Raises 2026 EBITDA Guidance Floor to $1.185 Billion
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DT Midstream, Inc. raised the low end of its 2026 adjusted EBITDA guidance by $30 million to $1.185 billion, while holding the ceiling at $1.225 billion. The adjustment increases the midpoint to $1.205 billion from $1.190 billion. Adjusted EBITDA is a non-GAAP measure. DT Midstream’s third-quarter earnings and dividend update included $301 million in adjusted EBITDA for the three months ended Sept. 30. The company reached final investment decision on three pipeline projects valued at about $400 million. The commitments brought project capital to approximately $2.4 billion, or 70% of the five-year organic project backlog.
Source: TokenPost
