DT Midstream appoints David Slater as Executive Chairman and Christopher Zona as President, effective January 28, 2026.
Quiver AI Summary
DT Midstream, Inc. announced that CEO David Slater has been appointed Executive Chairman of the Board of Directors, effective January 28, 2026, succeeding Robert Skaggs, Jr., who will remain on the board. Slater, who has been with the company since its spin-off from DTE Energy Company, has over 30 years of experience in the energy sector. Concurrently, Christopher Zona has been named President while continuing his role as Executive Vice President and Chief Operating Officer. Zona also has extensive experience in the energy industry and has been with the company since the spin-off. DT Midstream operates natural gas pipelines and related facilities across the U.S. and Canada.
Potential Positives
- David Slater's transition to Executive Chairman indicates a strategy for continuity in leadership, leveraging his extensive experience in the energy industry.
- Christopher Zona's appointment as President may enhance operational effectiveness, given his background and role since the company's Spin-off.
- The company's leadership is well established, with both executives bringing over 30 years of industry experience, which can instill confidence among stakeholders.
Potential Negatives
- Leadership changes, including the transition of the CEO to Executive Chairman, may indicate potential instability or lack of strategic direction within the company.
- Continuing reliance on individuals who have held multiple positions in the company and its predecessor could raise concerns about a lack of fresh perspectives or diversity in leadership.
- The press release does not address any challenges or plans for future growth, which may lead to uncertainty among investors and stakeholders regarding the company's strategy.
FAQ
Who is the new Executive Chairman of DT Midstream?
David Slater has been elected as the new Executive Chairman of the Board of Directors at DT Midstream.
When did David Slater assume his new role?
David Slater assumed the role of Executive Chairman on January 28, 2026.
What position did Christopher Zona take on at DT Midstream?
Christopher Zona was appointed as President of DT Midstream, effective January 28, 2026.
What is DT Midstream's core business focus?
DT Midstream focuses on the ownership, operation, and development of natural gas pipelines, storage, and gathering systems.
How long has David Slater been with DT Midstream?
David Slater has served as CEO and on the Board of DT Midstream since May and June 2021, respectively.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$DTM Insider Trading Activity
$DTM insiders have traded $DTM stock on the open market 2 times in the past 6 months. Of those trades, 1 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $DTM stock by insiders over the last 6 months:
- MELISSA COX (E.V.P., Chief Admin. Off.) sold 4,755 shares for an estimated $496,754
- JEFFREY A JEWELL (Executive V.P., CFO) purchased 150 shares for an estimated $15,657
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$DTM Revenue
$DTM had revenues of $314M in Q3 2025. This is an increase of 26.61% from the same period in the prior year.
You can track DTM financials on Quiver Quantitative's DTM stock page.
$DTM Hedge Fund Activity
We have seen 273 institutional investors add shares of $DTM stock to their portfolio, and 239 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BLACKSTONE INC. removed 1,398,985 shares (-38.9%) from their portfolio in Q3 2025, for an estimated $158,169,244
- WESTWOOD HOLDINGS GROUP INC added 1,104,854 shares (+24055.2%) to their portfolio in Q3 2025, for an estimated $124,914,793
- 59 NORTH CAPITAL MANAGEMENT, LP added 1,010,965 shares (+49.0%) to their portfolio in Q3 2025, for an estimated $114,299,702
- POINT72 ASSET MANAGEMENT, L.P. added 848,535 shares (+8687.8%) to their portfolio in Q3 2025, for an estimated $95,935,367
- INVESCO LTD. removed 665,328 shares (-40.0%) from their portfolio in Q3 2025, for an estimated $75,221,983
- MEREWETHER INVESTMENT MANAGEMENT, LP added 658,400 shares (+192.4%) to their portfolio in Q3 2025, for an estimated $74,438,704
- AVENTAIL CAPITAL GROUP, LP removed 587,116 shares (-83.8%) from their portfolio in Q3 2025, for an estimated $66,379,334
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$DTM Analyst Ratings
Wall Street analysts have issued reports on $DTM in the last several months. We have seen 1 firms issue buy ratings on the stock, and 1 firms issue sell ratings.
Here are some recent analyst ratings:
- Jefferies issued a "Buy" rating on 11/03/2025
- Morgan Stanley issued a "Underweight" rating on 08/06/2025
To track analyst ratings and price targets for $DTM, check out Quiver Quantitative's $DTM forecast page.
$DTM Price Targets
Multiple analysts have issued price targets for $DTM recently. We have seen 10 analysts offer price targets for $DTM in the last 6 months, with a median target of $127.0.
Here are some recent targets:
- Theresa Chen from Barclays set a target price of $119.0 on 01/14/2026
- Michael Blum from Wells Fargo set a target price of $133.0 on 12/17/2025
- Jean Ann Salisbury from B of A Securities set a target price of $132.0 on 12/11/2025
- Jeremy Tonet from JP Morgan set a target price of $126.0 on 12/02/2025
- Robert Kad from Morgan Stanley set a target price of $137.0 on 11/12/2025
- Julien Dumoulin-Smith from Jefferies set a target price of $125.0 on 11/03/2025
- Selman Akyol from Stifel set a target price of $121.0 on 10/31/2025
Full Release
DETROIT, Jan. 29, 2026 (GLOBE NEWSWIRE) -- DT Midstream, Inc. (NYSE: DTM) announced that CEO David Slater has been elected Executive Chairman of the Board of Directors, effective January 28, 2026. Slater succeeds Robert Skaggs, Jr., who will remain a member of the company’s Board.
Slater has served as the company’s President and Chief Executive Officer since May 6, 2021 and as a member of the company’s Board since June 3, 2021. Slater has over 30 years of experience in the energy industry, where he has worked in both commercial business development and operational roles. Prior to the company’s spin-off (the “Spin-off”) transaction from DTE Energy Company, Slater served as president and chief operating officer of DTE Energy’s midstream business and had been a member of DTE Energy’s executive leadership team since 2015.
The Board also appointed Christopher Zona, the company’s Executive Vice President and Chief Operating Officer, to the position of President, effective January 28, 2026. Mr. Zona will continue to serve as the company’s Chief Operating Officer.
Zona has served as the company’s Executive Vice President and Chief Operating Officer since the Spin-Off. He has over 30 years of experience in the energy industry, where he has worked in operational, engineering, construction and business development roles. Beginning in 2019, Zona served as the executive vice president of DTE Energy’s midstream business.
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. For more information, please visit the DT Midstream website at www.dtmidstream.com.
