DT Midstream Announces Successful Guardian Pipeline Expansion Open Season
Rhea-AI Summary
DT Midstream (NYSE: DTM) announced a closed, binding open season allocating expansion capacity on Guardian Pipeline. The expansion awarded capacity to five shippers totaling 328,103 Dth/day with a targeted in-service date of November 1, 2028. Combined with capacity awarded in July 2025, the total expansion equals 536,903 Dth/day, an approximate 40% increase over Guardian’s current capacity. Management said demand in Wisconsin and the Upper Midwest drove strong interest.
Positive
- Binding awards to five shippers totaling 328,103 Dth/day
- Total expansion capacity of 536,903 Dth/day awarded
- Expansion equals ~40% increase over current Guardian capacity
- Targeted in-service date set for November 1, 2028
Negative
- None.
News Market Reaction
On the day this news was published, DTM gained 1.00%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
DETROIT, Oct. 02, 2025 (GLOBE NEWSWIRE) -- DT Midstream, Inc. (NYSE: DTM) announced today that it has closed a successful binding open season to award expansion capacity on Guardian Pipeline (Guardian).
Guardian awarded capacity to five shippers totaling 328,103 Dth per day with a targeted in-service date of November 1, 2028.
The newly awarded capacity, combined with expansion capacity previously awarded in July 2025, totals 536,903 Dth per day of expansion capacity on Guardian which is an approximately
“The strong interest in this expansion capacity is an indication of the growing demand for natural gas in Wisconsin and the Upper Midwest region where our pipelines are well-positioned,” said David Slater, President and CEO.
About Guardian Pipeline
Guardian Pipeline, L.L.C. is an approximately 260-mile interstate pipeline with current capacity of approximately 1.3 Bcf per day. Guardian Pipeline is
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
FAQ
What did DT Midstream (DTM) announce on October 2, 2025 about Guardian Pipeline?
How much expansion capacity did DT Midstream (DTM) award on Guardian Pipeline in October 2025?
What is the combined expansion capacity on Guardian Pipeline after July and October 2025 awards?
When is the newly awarded Guardian Pipeline capacity expected to be in service for DTM?
How much will Guardian Pipeline capacity increase for DT Midstream (DTM)?
Who subscribed to the Guardian Pipeline expansion awarded by DT Midstream (DTM)?
