- DT Midstream (DTM, Financial) secures investment grade ratings across all major credit agencies.
- Fitch, Moody's, and S&P Global assign stable outlooks to DTM.
- CEO David Slater attributes ratings to strong balance sheet and business growth potential.
DT Midstream, Inc. (DTM) has achieved a key milestone by securing investment grade ratings from all three major credit rating agencies. Fitch Ratings upgraded DTM's credit rating to BBB- with a stable outlook on October 3, 2024. Moody's Ratings followed with an upgrade to Baa3, maintaining a stable outlook on May 16, 2025. Finally, S&P Global Ratings elevated DTM's rating to BBB- with a stable outlook on July 8, 2025.
David Slater, President and CEO of DT Midstream, stated that these investment grade ratings are a testament to the company's robust balance sheet and the quality and scale of its business, which is strategically positioned for future growth. The company's focus on environmental sustainability through a commitment to transitioning to net zero greenhouse gas emissions by 2050, with a goal of reducing carbon emissions by 30% by 2030, underpins its long-term strategic initiatives.
DT Midstream is a prominent player in the natural gas transmission industry, operating and developing an extensive network of pipelines, storage, and gathering systems across the Southern, Northeastern, and Midwestern United States and Canada. The Detroit-based company provides comprehensive services for the transportation, storage, and gathering of natural gas, catering to utilities, power plants, marketers, large industrial customers, and energy producers.
For more details, please visit the DT Midstream website. Investors can contact Todd Lohrmann at 313.774.2424 or via email at [email protected] for further information.
