DT Midstream (NYSE:DTM) Inc. (NYSE: DTM) is a Delaware Basin–focused midstream energy company providing gathering, processing, and water handling services for natural gas and natural gas liquids (NGLs). Established through a 2022 conversion from a master limited partnership, the company traces its roots to a spin-off from Noble Energy and has since expanded its asset base to support growing production in one of North America’s most active shale plays.
The company’s asset portfolio includes an extensive network of high-pressure gas gathering pipelines, cryogenic gas processing plants capable of treating raw gas streams, and dehydration and compression facilities designed to ensure clean, market-specification sales gas. DT Midstream also operates saltwater disposal systems and produced-water pipelines to help upstream customers manage fluid volumes and reduce trucking costs. In addition, the company provides fee-based NGL fractionation and storage services, connecting basin volumes to Gulf Coast market hubs.
DT Midstream’s operations are concentrated across the Delaware Basin in West Texas and southeastern New Mexico, enabling direct access to key takeaway pipelines and NGL fractionators. The company’s midstream infrastructure supports a diverse customer base comprised of independent and large-cap exploration and production firms. By strategically expanding its footprint through organic projects and bolt-on acquisitions, DT Midstream aims to enhance throughput capacity and deliver reliable service to producers as regional activity continues to grow.
Leadership at DT Midstream brings decades of industry experience in midstream operations, project development, and commercial marketing. The executive team focuses on disciplined capital allocation, operational efficiency, and safety, with an emphasis on environmental stewardship and regulatory compliance. Through a combination of technical expertise and local market knowledge, DT Midstream seeks to position itself as a premier service provider in the rapidly evolving Permian Basin midstream landscape.
