DT Midstream raises 2026 adjusted EBITDA guidance midpoint
DTM•DT Midstream raised its 2026 adjusted EBITDA guidance midpoint to $1.21 billion, with a range of $1.19 billion to $1.23 billion, implying 7% year-over-year growth. It increased distributable cash flow guidance, cut capital investment expectations and reported third-quarter adjusted EBITDA of $301 million.
1. Updated outlook
DT Midstream raised its 2026 adjusted EBITDA guidance range to $1.19 billion-$1.23 billion and increased distributable cash flow guidance to $860 million-$890 million from $830 million-$890 million. Capital investment expectations fell to $450 million-$510 million from $490 million-$570 million, while its 2027 adjusted EBITDA outlook remained $1.23 billion-$1.3 billion. Third-quarter adjusted EBITDA was $301 million, and net income was $118 million.
