DT Midstream(DTM)
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DT Midstream to Announce Second Quarter 2024 Financial Results, Schedules Earnings Call
GlobeNewswire News Room· 2024-07-16 18:45
DETROIT, July 16, 2024 (GLOBE NEWSWIRE) -- DT Midstream, Inc. (NYSE: DTM) plans to announce second quarter 2024 financial results before the market opens on Tuesday, July 30, 2024. DT Midstream has scheduled a conference call to discuss results for 9:00 a.m. ET (8:00 a.m. CT) the same day. Investors, the news media and the public may listen to a live internet broadcast of the call at this link. The participant toll-free telephone dial-in number in the U.S. and Canada is 888.596.4144, and the toll number is ...
DT Midstream: The 4% Yielding Dividend Grower You Probably Didn't Know
Seeking Alpha· 2024-07-10 21:59
Melpomenem/iStock via Getty Images Introduction Initially, I wanted to write an article on (electric) utilities. As most readers will know, utilities are getting a massive tailwind from the AI revolution, which is expected to cause unprecedented growth in total power demand, a tailwind the struggling utility sector will gladly accept in light of elevated funding costs and limited pricing power. According to Goldman Sachs, power demand in the United States is expected to grow by 2.4% per year in the 2022-203 ...
DT Midstream(DTM) - 2024 Q1 - Earnings Call Transcript
2024-05-01 01:57
财务数据和关键指标变化 - 公司在第一季度交付了总计2.45亿美元的调整后EBITDA,较上一季度增加600万美元 [25] - 管道分部业绩与2023年第四季度持平,反映了LEAP的更高的固定收入,被短期收入的下降所抵消 [26] - 集输分部业绩较2023年第四季度增加600万美元,反映了整体运营维护成本的下降以及俄亥俄Utica集输系统贡献的增加 [27] 各条业务线数据和关键指标变化 - 哈尼斯维尔和东北地区的总集输量在第一季度平均约为31亿立方英尺/天,与上一季度持平 [28] - 公司预计第二和第三季度的集输量和EBITDA将低于第一季度,第四季度将受益于新项目的增量贡献以及更有利的市场环境 [29] 各个市场数据和关键指标变化 - 公司宣布在Stonewall系统上进行新的扩建,包括主管线容量增加、增加压缩设备以及与Mountain Valley管道的新互联 [10] - 俄亥俄Utica系统在3月开始投产,预计产量将在18-24个月内逐步提升,收入受到保护性的take-or-pay合同 [13] - 公司完成了哈尼斯维尔系统与Gillis Access项目的新互联,进一步增强了竞争优势 [14] - 蓝联卡塔赫纳区域连接也于4月中旬完成,提供了额外的供给渠道,增强了公司在哈尼斯维尔系统的客户多元化能力 [15] 公司战略和发展方向及行业竞争 - 公司正在积极推进路易斯安那州的碳捕集和封存项目,已成功钻探了V类测试井,为后续FID做好准备 [18][19] - 公司看好数据中心和人工智能带来的新增天然气需求,认为市场对此需求的预测存在低估 [23][38][39][41] - 公司在哈尼斯维尔和阿巴拉契亚地区的生产商活动与公司计划一致,预计2025-2026年天然气价格将在3.5-4美元/MMBtu区间 [20][21][22] 管理层对经营环境和未来前景的评论 - 公司对2024年全年指引和2025年初步展望保持信心,并重申了相关指引 [9][31] - 公司将在自由现金流范围内进行资本支出,并将评估超额现金流的最佳利用方式,可能用于偿还债务 [32] - 公司保持谨慎和纪律的资本配置方针,致力于在未来5年内实现投资级信用评级 [35] 其他重要信息 - 公司宣布派发第一季度0.735美元/股的股息,与上一季度持平,并承诺未来5-7%的年度增长 [33] 问答环节重要的提问和回答 问题1 **Jeremy Tonet提问** 询问公司对数据中心和人工智能带来的潜在机遇的看法,尤其是对NEXUS系统的影响 [37][38][39][41][42] **David Slater回答** 公司认为市场对未来电力需求的增长存在低估,数据中心和人工智能带来的新增基荷需求将主要由天然气发电来满足,这将为公司的资产带来有利影响 [38][39][40][41][42] 问题2 **Olivia Halferty提问** 询问公司碳捕集和封存项目的最新进展以及未来发展计划 [55][56][57][58][59][60] **David Slater回答** 公司的碳捕集和封存项目正在有序推进,初步测试结果令人鼓舞,公司正在积极把握这一快速发展的市场机遇,未来将在地理位置优势的基础上为更多第三方客户提供服务 [56][57][58][59][60] 问题3 **Keith Stanley提问** 询问路易斯安那州管道穿越问题的最新进展及对公司LEAP系统的潜在影响 [78][79][80][81][82][83] **David Slater回答** 公司的相关诉讼已经取得有利裁决,但这不会影响LEAP系统的后续扩建。公司的LEAP系统是一个集成的管网系统,与此类纠纷无关,未来仍将保持良好的执行能力 [79][80][81][82][83]
DT Midstream(DTM) - 2024 Q1 - Quarterly Report
2024-04-30 23:16
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 __________________________________________ FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period ended March 31, 2024 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-40392 DT Midstream, Inc. Delaware 38-2663964 (State or other jurisdiction of incorporation or organization) (I.R.S Employer Ident ...
DT Midstream(DTM) - 2024 Q1 - Quarterly Results
2024-04-30 18:46
Exhibit 99.1 NEWS RELEASE DT Midstream Reports Strong First Quarter 2024 Results DETROIT, Apr. 30, 2024 – DT Midstream, Inc. (NYSE: DTM) today announced first quarter 2024 reported net income of $97 million, or $0.99 per diluted share. For the first quarter of 2024, Operating Earnings were $97 million, or $0.99 per diluted share. Adjusted EBITDA for the quarter was $245 million. Reconciliations of Operating Earnings and Adjusted EBITDA (non-GAAP measures) to reported net income are included at the end of th ...
MPLX Set to Report Q1 Earnings: Is a Beat in the Offing?
Zacks Investment Research· 2024-04-26 22:05
MPLX LP (MPLX) is set to report first-quarter 2024 earnings on Apr 30, before the opening bell.In the last reported quarter, the partnership’s earnings of $1.10 per unit beat the Zacks Consensus Estimate of 95 cents, primarily due to higher contributions from both segments. A decline in total costs and expenses also contributed to the solid quarterly performance.MPLX’s earnings beat the Zacks Consensus Estimate in three of the trailing four quarters and missed the same once, the average surprise being 7.3%. ...
Are You Looking for a Top Momentum Pick? Why DT Midstream (DTM) is a Great Choice
Zacks Investment Research· 2024-04-25 01:01
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Whil ...
DT Midstream (DTM) Upgraded to Buy: Here's What You Should Know
Zacks Investment Research· 2024-04-25 01:01
DT Midstream (DTM) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Individual investors o ...
Will DT Midstream (DTM) Beat Estimates Again in Its Next Earnings Report?
Zacks Investment Research· 2024-04-18 01:16
If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider DT Midstream (DTM) . This company, which is in the Zacks Oil and Gas - Integrated - United States industry, shows potential for another earnings beat.When looking at the last two reports, this natural gas pipeline operator has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 21.11% ...
DT Midstream to Announce First Quarter 2024 Financial Results, Schedules Earnings Call
Newsfilter· 2024-04-16 18:45
DETROIT, April 16, 2024 (GLOBE NEWSWIRE) -- DT Midstream, Inc. (NYSE:DTM) plans to announce first quarter 2024 financial results before the market opens on Tuesday, April 30, 2024. DT Midstream has scheduled a conference call to discuss results for 9:00 a.m. ET (8:00 a.m. CT) the same day. Investors, the news media and the public may listen to a live internet broadcast of the call at this link. The participant toll-free telephone dial-in number in the U.S. and Canada is 888.596.4144, and the toll number is ...