StockNews.AI
DTM
StockNews.AI
42 days

DT Midstream Achieves Investment Grade Rating with All Three Major Credit Rating Agencies

1. DT Midstream achieved investment grade ratings from all major agencies. 2. Fitch upgraded DTM to BBB-; Moody's to Baa3; S&P to BBB-. 3. These ratings reflect strong balance sheet and growth potential. 4. DTM is committed to net zero emissions by 2050. 5. The company offers comprehensive natural gas services across the U.S. and Canada.

3m saved
Insight
Article

FAQ

Why Bullish?

Achieving investment grade ratings often leads to reduced borrowing costs and attracts institutional investors. Historical examples include other companies that saw significant stock price increases post-rating upgrades.

How important is it?

The upgrades signify financial stability that could enhance investor confidence and lead to increased investments in DTM.

Why Short Term?

Immediate stock price appreciation is expected as market reacts to favorable credit ratings. Ratings may influence investor sentiment quickly, evidenced by similar previous cases.

Related Companies

FitchMoody'sS&PETRPNW
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; andS&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 30% of its carbon emissions reduction by 2030. For more information, please visit the DT Midstream website at www.dtmidstream.com.

Related News