NYSE$DTM
DT Midstream Inc. · Q2 2023 earnings
Q2 2023 earnings · · Investor relations
Briefing
Reported strong second quarter results and announced new Ohio Utica investment.
DT Midstream reported a net income of $91 million, or $0.93 per diluted share, for the second quarter of 2023. Adjusted EBITDA for the quarter was $224 million. The company's Board of Directors declared a dividend of $0.69 per share.
- Reported net income of $91 million, or $0.93 per diluted share, for Q2 2023.
- Operating earnings were $91 million, or $0.93 per diluted share for Q2 2023.
- Adjusted EBITDA for the quarter was $224 million.
- Declared a $0.69 per share dividend on its common stock payable October 15, 2023.
Headline financials
Revenue & EPS history
DT Midstream · Revenue · Quarterly
$224M
Revenue by segment
DT Midstream · $220M total across 2 segments · Q1 2023
- Gathering Segment$135M-2.2%61.4%
- Pipeline Segment$85M+10.4%38.6%
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2023
+0.3%
Avg return
Earnings day
+0.4%
Avg return
5 days after
+3.0%
Avg return
30 days after
46%
11 / 24 earnings
Positive
+6.4%
Q3 2023
Best reaction
-7.1%
Q1 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.2% | +5.5% | +0.8% | |
| Q4 2025 | -0.9% | +2.8% | -1.2% | |
| Q3 2025 | +3.1% | +3.6% | +14.1% | |
| Q1 2025 | -1.3% | +3.1% | +6.3% | |
| Q4 2024 | -0.9% | -1.3% | +1.0% | |
| Q3 2024 | +4.0% | +1.8% | +21.0% | |
| Q2 2024 | +1.5% | -1.8% | +5.1% | |
| Q1 2024 | -2.5% | -0.4% | +4.5% | |
| Q4 2023 | +6.1% | +8.3% | +9.8% | |
| Q3 2023 | +6.4% | +3.7% | +6.5% | |
| Q2 2023 | -3.6% | -2.6% | -2.3% | |
| Q1 2023 | -7.1% | -4.3% | -5.8% | |
| Q4 2022 | -5.4% | -8.6% | -15.2% | |
| Q3 2022 | +4.8% | +5.1% | +5.0% | |
| Q2 2022 | -2.4% | +1.3% | +1.7% | |
| Q1 2022 | -4.5% | -10.0% | -0.3% | |
| Q1 2021 | -4.5% | -10.0% | -0.3% | |
| Q4 2019 | +6.1% | +12.2% | +9.7% | |
| Q4 2021 | +6.1% | +12.2% | +9.7% | |
| Q3 2020 | +2.9% | +1.5% | -3.3% | |
| Q3 2021 | +2.9% | +1.5% | -3.3% | |
| Q2 2021 | -1.5% | -4.3% | +3.0% | |
| Q2 2020 | -1.5% | -4.3% | +3.0% | |
| Q4 2020 | -1.5% | -4.3% | +3.0% | |
| Q1 2020 | — | — | — |
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