DT Midstream Achieves Investment Grade Rating with All Three Major Credit Rating Agencies
Rhea-AI Summary
DT Midstream (NYSE: DTM) has achieved a significant milestone by securing investment grade ratings from all three major credit rating agencies. Fitch Ratings upgraded DTM to BBB- (stable outlook) in October 2024, followed by Moody's upgrade to Baa3 (stable outlook) in May 2025, and S&P Global Ratings upgrade to BBB- (stable outlook) in July 2025.
According to CEO David Slater, these ratings reflect the company's strong balance sheet and robust business positioning for future growth.
Positive
- Achievement of investment grade ratings from all three major credit agencies
- Strong balance sheet recognition by rating agencies
- Stable outlook assigned by all three agencies indicating financial stability
Negative
- None.
News Market Reaction – DTM
In the trading session that priced this news, DTM declined 0.67%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
DETROIT, July 08, 2025 (GLOBE NEWSWIRE) -- DT Midstream, Inc. (NYSE: DTM) announced today that it has achieved an investment grade rating with 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 upgraded DTM’s credit rating to Baa3 with a stable outlook on May 16, 2025; and
- S&P Global Ratings upgraded DTM’s credit rating to BBB- with a stable outlook on July 8, 2025.
“The investment grade ratings are a recognition of the strength of our balance sheet and the quality and scale of our business, which is well-positioned for continued growth,” said David Slater, President and CEO.
About DT Midstream
DT Midstream (NYSE: DTM) is an owner, operator and developer of natural gas interstate and intrastate pipelines, storage and gathering systems, compression, treatment and surface facilities. The company transports clean natural gas for utilities, power plants, marketers, large industrial customers and energy producers across the Southern, Northeastern and Midwestern United States and Canada. The Detroit-based company offers a comprehensive, wellhead-to-market array of services, including natural gas transportation, storage and gathering. DT Midstream is transitioning towards net zero greenhouse gas emissions by 2050, including a plan of achieving
Investor Relations Todd Lohrmann, DT Midstream, 313.774.2424 investor_relations@dtmidstream.com