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Dt Midstream Earnings Calls
| Release date | Apr 30, 2026 |
| EPS estimate | $1.11 |
| EPS actual | $1.32 |
| EPS Surprise | 18.92% |
| Revenue estimate | 313.649M |
| Revenue actual | 336M |
| Revenue Surprise | 7.13% |
| Release date | Feb 19, 2026 |
| EPS estimate | $1.11 |
| EPS actual | $1.08 |
| EPS Surprise | -2.70% |
| Revenue estimate | 317.112M |
| Revenue actual | 317M |
| Revenue Surprise | -0.0354% |
| Release date | Oct 30, 2025 |
| EPS estimate | $1.03 |
| EPS actual | $1.13 |
| EPS Surprise | 9.71% |
| Revenue estimate | 320.07M |
| Revenue actual | 314M |
| Revenue Surprise | -1.90% |
| Release date | Jul 31, 2025 |
| EPS estimate | $0.98 |
| EPS actual | $1.04 |
| EPS Surprise | 6.12% |
| Revenue estimate | 312.328M |
| Revenue actual | 309M |
| Revenue Surprise | -1.07% |
Last 4 Quarters for Dt Midstream
Below you can see how DTM performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.
| Release date | Jul 31, 2025 |
| Price on release | $102.73 |
| EPS estimate | $0.98 |
| EPS actual | $1.04 |
| EPS surprise | 6.12% |
| Date | Price |
|---|---|
| Jul 25, 2025 | $100.16 |
| Jul 28, 2025 | $99.32 |
| Jul 29, 2025 | $100.73 |
| Jul 30, 2025 | $101.41 |
| Jul 31, 2025 | $102.73 |
| Aug 01, 2025 | $105.61 |
| Aug 04, 2025 | $105.79 |
| Aug 05, 2025 | $103.42 |
| Aug 06, 2025 | $104.33 |
| 4 days before | 2.57% |
| 4 days after | 1.56% |
| On release day | 2.80% |
| Change in period | 4.16% |
| Release date | Oct 30, 2025 |
| Price on release | $109.68 |
| EPS estimate | $1.03 |
| EPS actual | $1.13 |
| EPS surprise | 9.71% |
| Date | Price |
|---|---|
| Oct 24, 2025 | $105.61 |
| Oct 27, 2025 | $106.54 |
| Oct 28, 2025 | $106.42 |
| Oct 29, 2025 | $106.41 |
| Oct 30, 2025 | $109.68 |
| Oct 31, 2025 | $109.49 |
| Nov 03, 2025 | $112.28 |
| Nov 04, 2025 | $110.19 |
| Nov 05, 2025 | $110.55 |
| 4 days before | 3.85% |
| 4 days after | 0.793% |
| On release day | -0.173% |
| Change in period | 4.68% |
| Release date | Feb 19, 2026 |
| Price on release | $132.33 |
| EPS estimate | $1.11 |
| EPS actual | $1.08 |
| EPS surprise | -2.70% |
| Date | Price |
|---|---|
| Feb 12, 2026 | $131.51 |
| Feb 13, 2026 | $133.21 |
| Feb 17, 2026 | $132.65 |
| Feb 18, 2026 | $133.48 |
| Feb 19, 2026 | $132.33 |
| Feb 20, 2026 | $136.06 |
| Feb 23, 2026 | $137.91 |
| Feb 24, 2026 | $137.17 |
| Feb 25, 2026 | $137.28 |
| 4 days before | 0.624% |
| 4 days after | 3.74% |
| On release day | 2.82% |
| Change in period | 4.39% |
| Release date | Apr 30, 2026 |
| Price on release | $147.99 |
| EPS estimate | $1.11 |
| EPS actual | $1.32 |
| EPS surprise | 18.92% |
| Date | Price |
|---|---|
| Apr 24, 2026 | $134.65 |
| Apr 27, 2026 | $135.00 |
| Apr 28, 2026 | $138.70 |
| Apr 29, 2026 | $138.79 |
| Apr 30, 2026 | $147.99 |
| May 01, 2026 | $147.46 |
| May 04, 2026 | $146.97 |
| May 05, 2026 | $146.47 |
| May 06, 2026 | $144.58 |
| 4 days before | 9.91% |
| 4 days after | -2.30% |
| On release day | -0.358% |
| Change in period | 7.37% |
Dt Midstream Earnings Call Transcript Summary of Q1 2026
DT Midstream (DTM) reported a strong start to 2026 driven by cold winter demand and robust commercial activity. Q1 adjusted EBITDA was $308 million (up $15 million sequentially). Management reaffirmed 2026 adjusted EBITDA guidance and early 2027 outlook while noting Q2 seasonal headwinds (interstate pipeline seasonality, a Guardian rate step-down, and planned maintenance). The company approved investment in two new pipeline projects — a Vector mainline expansion (~400 MMcf/d, in service Q4 2028) and Millennium R2R (~70 MMcf/d, in service Q1 2027) — and agreed to build a lateral to serve a proposed 900 MW power plant (~265 MMcf/d subject to customer FID in 2026). Nonbinding open seasons on Midwestern (up to 1.5 Bcf/d) and Vector (300–500 MMcf/d 2030 expansion) were oversubscribed, reflecting strong Midwest/Northeast demand from utilities, power generation and data centers. Haynesville/LEAP is running full (2.1 Bcf/d design) with expansion optionality; Blue Union and Northeast gathering volumes rose. Growth capex guidance was raised (approximately $400M in 2026 and $440M in 2027) to reflect new investments. Balance sheet remains investment grade with capacity to fund growth; Board approved a Q1 dividend of $0.88/sh, with commitment to grow dividends with adjusted EBITDA. Management emphasized strong market fundamentals (reliability concerns, LNG export demand, and accelerating power generation load) and said projects are being commercialized methodically with emphasis on long-term, investment-grade contracts.
