InvestorsMidstream

Midstream company, DT Midstream announces stock repurchase

DT Midstream

DT Midstream, Inc. announced that its Board of Directors approved a repurchase; of up to an aggregate of one hundred twenty-five thousand (125,000) shares of its common stock; to offset an equivalent amount of common shares issued under its 2022 stock-based compensation program.

The repurchases will be made from time to time on the open market at prevailing market prices; or in negotiated transactions off the market.

The repurchase program will continue through the end of the current fiscal year; unless extended or shortened by the Board of Directors.

About DT Midstream

Firstly, DT Midstream is an owner, operator, and developer of natural gas interstate and intrastate pipelines; storage and gathering systems, compression, treatment, and surface facilities.

Secondly, 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.

Finally, DT Midstream is transitioning towards net-zero greenhouse gas emissions by 2050.

We recommend: Hydrogen and ultra clean fuels refinery projects, will be develop by MMEX Resources Corp. at new sites. Read here.

Leading the Industry in Environmental Stewardship

First, DT Midstream is an industry leader in environmental sustainability. The company is responsible for addressing climate change and making consistent, effective ecological policies a priority.

As a result, the group works answering a marketplace need sharing the belief in environmental stewardship.

Besides, DT Midstream goes with existing regulations on methane emissions; and is among the first of its peers to commit to achieving net-zero greenhouse gas emissions, by 2050.

Also, the company reported methane intensity data as part of the Natural Gas Sustainability Initiative (NGSI). I

Finally, in 2019 the company’s methane intensity from its gathering operations was materially below its industry peers.

Read here for more information about DT Midstream.

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