DTE Midstream: Infrastructure Investment & Expansion to Capitalize On Transitioning Coal Plants To Natural Gas!

DT Midstream exhibited a robust performance throughout the fiscal year 2024, signaling ongoing growth and operational success. The company reported an adjusted EBITDA of $969 million for the year, surpassing its guidance midpoint and highlighting a consistent annual growth rate of 10% since its inception in 2021. Despite a backdrop of challenging sector dynamics, including low natural gas prices, issues with LNG export permit approvals, and a volatile political landscape, DT Midstream managed to maintain resilience and achieve high performance.