DTM - DT Midstream, Inc. Stock Price, Fair Value and News

64.13USD+0.07 (+0.11%)Market Closed

Market Summary

USD64.13+0.07

Market Closed

0.11%

DTM Alerts

1 major insider buys recently.

DTM Stock Price

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DTM RSI Chart

DTM Valuation

Market Cap

6.2B

Price/Earnings (Trailing)

15.51

Price/Sales (Trailing)

6.61

EV/EBITDA

10.9

Price/Free Cashflow

40.7

DTM Price/Sales (Trailing)

DTM Profitability

EBT Margin

53.93%

Return on Equity

9.29%

Return on Assets

4.47%

Free Cashflow Yield

2.46%

DTM Fundamentals

DTM Revenue

Revenue (TTM)

942.0M

Rev. Growth (Yr)

9.09%

Rev. Growth (Qtr)

-1.64%

DTM Earnings

Earnings (TTM)

401.5M

Earnings Growth (Yr)

19.75%

Earnings Growth (Qtr)

-18.83%

Breaking Down DTM Revenue

Last 7 days

4.1%

Last 30 days

2.8%

Last 90 days

24.0%

Trailing 12 Months

36.9%

How does DTM drawdown profile look like?

DTM Financial Health

Current Ratio

0.71

Debt/Equity

0.71

Debt/Cashflow

0.26

DTM Investor Care

Dividend Yield

4.37%

Dividend/Share (TTM)

2.81

Shares Dilution (1Y)

0.32%

Diluted EPS (TTM)

4.1

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	942.0M	0	0	0
2023	925.0M	922.0M	921.0M	922.0M
2022	858.0M	877.0M	900.0M	920.0M
2021	782.0M	816.0M	825.0M	840.0M
2020	0	587.3M	670.7M	754.0M
2019	0	0	0	504.0M

Get all data in R, Python etc through our Historical Stock Data APIs

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Tracking the Latest Insider Buys and Sells of DT Midstream, Inc.

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 05, 2024	archon angela n	acquired	-	-	2,576	-
May 03, 2024	jewell jeffrey a	bought	25,118	62.795	400	executive v.p., cfo
Mar 01, 2024	archon angela n	bought	28,935	57.87	500	-
Feb 26, 2024	skaggs robert c jr	bought	56,870	56.87	1,000	-
Feb 15, 2024	cox melissa	acquired	-	-	1,734	sr. vp admin
Feb 15, 2024	jewell jeffrey a	sold (taxes)	-131,652	52.43	-2,511	executive v.p., cfo
Feb 15, 2024	jewell jeffrey a	acquired	-	-	8,426	executive v.p., cfo
Feb 15, 2024	slater david	sold (taxes)	-401,456	52.43	-7,657	president and ceo
Feb 15, 2024	slater david	acquired	-	-	18,339	president and ceo
Feb 15, 2024	ellis wendy	sold (taxes)	-138,992	52.43	-2,651	e.v.p., gen counsel & corp sec

Which funds bought or sold DTM recently?

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Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 07, 2024	REAVES W H & CO INC	reduced	-1.36	5,123,000	56,451,000	2.00%
May 07, 2024	Swiss National Bank	added	0.21	1,227,740	11,694,500	0.01%
May 07, 2024	Qsemble Capital Management, LP	reduced	-87.22	-1,751,850	291,203	0.06%
May 07, 2024	MEEDER ASSET MANAGEMENT INC	new	-	1,084,710	1,084,710	0.07%
May 07, 2024	Meeder Advisory Services, Inc.	added	9.9	60,380	328,358	0.03%
May 07, 2024	Empowered Funds, LLC	added	96.34	1,273,920	2,345,260	0.02%
May 07, 2024	OPPENHEIMER ASSET MANAGEMENT INC.	reduced	-13.92	-24,533	584,788	0.01%
May 07, 2024	SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC	new	-	293,280	293,280	0.01%
May 07, 2024	NEW YORK STATE COMMON RETIREMENT FUND	added	22.24	2,451,000	9,204,000	0.01%
May 07, 2024	Smithfield Trust Co	unchanged	-	2,000	6,000	-%

Are Funds Buying or Selling DTM?

Are funds buying DTM calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own DTM

No. of Funds

DTM Alerts

1 major insider buys recently.

Unveiling DT Midstream, Inc.'s Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	10.57%	10,248,563	SC 13G/A
Jan 24, 2024	blackrock inc.	11.0%	10,641,820	SC 13G/A
Feb 09, 2023	vanguard group inc	10.44%	10,099,869	SC 13G/A
Jan 26, 2023	blackrock inc.	11.1%	10,707,551	SC 13G/A
Jan 20, 2023	blackrock inc.	11.1%	10,707,551	SC 13G
Feb 10, 2022	vanguard group inc	10.03%	9,705,093	SC 13G/A
Feb 09, 2022	vanguard group inc	9.99%	9,664,660	SC 13G/A

Recent SEC filings of DT Midstream, Inc.

View All Filings

Date Filed	Form Type	Document
May 07, 2024	4	Insider Trading
May 07, 2024	4	Insider Trading
Apr 30, 2024	10-Q	Quarterly Report
Apr 30, 2024	8-K	Current Report
Mar 28, 2024	ARS	ARS
Mar 28, 2024	DEF 14A	DEF 14A
Mar 28, 2024	DEFA14A	DEFA14A
Mar 05, 2024	4	Insider Trading
Feb 27, 2024	4	Insider Trading
Feb 20, 2024	4	Insider Trading

Peers (Alternatives to DT Midstream, Inc.)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ENB	79.2B	43.6B	5.68%	-6.53%	12.79	1.81	-18.12%	106.16%
EPD	61.6B	49.7B	-3.60%	11.32%	11.14	1.24	-14.56%	0.77%
ET	54.7B	78.6B	2.65%	29.92%	13.9	0.7	-12.56%	-17.26%
KMI	41.7B	15.3B	2.45%	11.63%	16.98	2.73	-18.66%	-3.98%
LNG	36.0B	17.4B	0.41%	5.04%	7.27	2.06	-47.07%	-35.95%
PAA	12.4B	48.7B	-6.41%	39.57%	10.07	0.25	-15.05%	18.61%
MID-CAP
AM	6.9B	1.1B	0.28%	36.01%	17.61	6.46	10.45%	16.98%
ENLC	6.0B	6.8B	-3.69%	52.17%	36.94	0.88	-24.85%	-57.72%
ETRN	5.8B	1.4B	6.22%	156.35%	12.77	4.18	-0.72%	272.22%
INSW	3.0B	1.1B	15.93%	61.48%	5.73	2.86	0.83%	-7.88%
HESM	2.8B	1.4B	-2.61%	23.50%	19.6	2	10.36%	-29.40%
SMALL-CAP
GEL	1.6B	3.2B	11.16%	36.04%	12.41	0.51	7.09%	65.33%
GLP	1.5B	16.6B	0.46%	52.67%	13.1	0.09	-9.78%	-67.33%
GPP	286.4M	82.4M	-4.55%	-4.48%	7.48	3.48	5.74%	-6.51%
MMLP	111.2M	734.3M	10.04%	16.33%	29.17	0.15	-25.40%	114.16%

DT Midstream, Inc. News

Latest updates

DT Midstream, Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																	(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2019Q4
Revenue	-1.6%	240	244	234	224	220	243	235	227	215	223	212	208	197	208	203	174	-
EBITDA Margin	-0.1%	0.90*	0.90*	0.89*	0.88*	0.88*	0.86*	0.86*	0.86*	0.82*	0.83*	0.83*	0.88*	0.92*	0.94*	0.69*	0.78*	0.91*
Interest Expenses	2.6%	40.00	39.00	38.00	35.00	38.00	38.00	35.00	33.00	31.00	31.00	31.00	24.00	26.00	31.00	29.00	26.00	-
Income Taxes	1450.0%	31.00	2.00	33.00	30.00	39.00	35.00	7.00	33.00	25.00	25.00	29.00	21.00	29.00	25.00	39.00	26.00	-
Earnings Before Taxes	4.0%	131	126	127	124	123	123	123	127	109	114	106	92.00	110	97.00	144	99.00	-
EBT Margin	-0.6%	0.54*	0.54*	0.54*	0.53*	0.54*	0.52*	0.53*	0.52*	0.49*	0.50*	0.49*	0.54*	0.58*	0.58*	0.44*	0.50*	0.58*
Net Income	-18.8%	97.00	120	91.00	94.00	81.00	82.00	113	94.00	84.00	84.00	74.00	71.00	81.00	67.00	101	73.00	-
Net Income Margin	1.2%	0.42*	0.42*	0.38*	0.40*	0.40*	0.41*	0.42*	0.38*	0.36*	0.37*	0.35*	0.39*	0.41*	0.42*	0.30*	0.35*	0.40*
Free Cashflow	320.6%	143	34.00	24.00	-48.00	16.00	-14.00	77.00	110	214	64.00	100	132	136	65.00	63.00	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet															(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2019Q4
Assets	-0.3%	8,951	8,982	8,862	8,726	8,981	8,833	8,419	8,290	8,211	8,166	8,127	7,990	8,166	8,342	7,787
Current Assets	-15.8%	229	272	200	210	249	262	533	515	442	360	310	180	-	483	-
Cash Equivalents	-26.8%	41.00	56.00	30.00	45.00	95.00	61.00	355	345	281	132	128	37.00	29.00	42.00	46.00
Net PPE	0.9%	4,475	4,434	4,348	4,181	4,000	3,806	3,630	3,500	3,482	3,490	3,483	3,470	-	3,470	-
Goodwill	0%	473	473	473	473	473	473	473	473	473	473	473	473	-	473	471
Liabilities	-1.2%	4,645	4,702	4,641	4,531	4,816	4,679	4,294	4,219	4,173	4,145	4,138	4,009	-	4,114	-
Current Liabilities	-25.8%	322	434	424	361	698	614	249	180	188	177	195	107	-	3,288	-
Short Term Borrowings	-66.7%	55.00	165	125	100	410	330	-	-	-	-	-	-	-	-	-
Long Term Debt	0.1%	3,067	3,065	3,064	3,062	3,061	3,059	3,058	3,057	3,033	3,036	3,037	3,037	-	-	-
LT Debt, Current	-	-	-	-	-	-	-	-	-	10.00	10.00	10.00	10.00	-	-	-
LT Debt, Non Current	0.1%	3,067	3,065	3,064	3,062	3,061	3,059	3,058	3,057	3,033	3,036	3,037	3,037	-	-	-
Shareholder's Equity	0.7%	4,166	4,139	4,079	4,195	4,165	4,154	4,125	4,071	4,038	4,021	3,989	3,981	4,304	4,228	3,724
Retained Earnings	3.8%	686	661	608	584	561	547	523	473	446	431	403	386	-	751	-
Additional Paid-In Capital	0.1%	3,487	3,485	3,479	3,476	3,470	3,469	3,462	3,458	3,453	3,450	3,445	3,453	-	-	-
Accumulated Depreciation	4.2%	884	848	814	786	757	728	702	674	647	619	592	565	-	511	-
Shares Outstanding	0.1%	97.00	97.00	97.00	97.00	97.00	97.00	97.00	97.00	97.00	97.00	97.00	97.00	97.00	97.00	97.00
Minority Interest	-0.7%	140	141	142	143	142	147	147	148	148	149	150	151	-	-	-
Float	-	-	-	-	4,800	-	-	-	4,700	-	-	-	-	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																	(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2019Q4
Cashflow From Operations	31.0%	241,000	184,000	225,000	145,000	244,000	151,000	195,000	145,000	234,000	108,000	136,000	165,000	163,000	143,000	157,000	-	-
Share Based Compensation	0%	5,000	5,000	5,000	5,000	5,000	4,000	5,000	4,000	4,000	-	-	-	-	-	-	-	-
Cashflow From Investing	44.5%	-71,000	-128,000	-192,000	185,000	-216,000	-704,000	-119,000	-14,000	-17,000	-40,000	-38,000	218,000	-17,000	-113,000	-102,000	-	-
Cashflow From Financing	-516.7%	-185,000	-30,000	-48,000	-380,000	6,000	259,000	-66,000	-67,000	-68,000	-64,000	-7,000	-375,000	-159,000	-43,000	-71,000	-	-
Dividend Payments	0%	67,000	67,000	67,000	67,000	62,000	62,000	62,000	62,000	58,000	58,000	-	-	-	-	-	-	-
Buy Backs	-	-	-	-	-	-	-	-	-	3,000	-	-	-	-	-	-	-	-

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DTM Income Statement

2024-03-31

Consolidated Statements of Operations - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenues
Operating revenues	$ 240	$ 220
Operating Expenses
Operation and maintenance	54	58
Depreciation and amortization	50	43
Taxes other than income	12	9
Operating Income	124	110
Other (Income) and Deductions
Interest expense	40	38
Interest income	(1)	0
Earnings from equity method investees	(46)	(50)
Other (income) and expense	0	(1)
Income Before Income Taxes	131	123
Income Tax Expense	31	39
Net Income	100	84
Less: Net Income Attributable to Noncontrolling Interests	3	3
Net Income Attributable to DT Midstream	$ 97	$ 81
Basic Earnings per Common Share
Net Income Attributable to DT Midstream (in dollars per share)	$ 1.00	$ 0.84
Diluted Earnings per Common Share
Net Income Attributable to DT Midstream (in dollars per share)	$ 0.99	$ 0.84
Weighted Average Common Shares Outstanding
Basic (in shares)	97.0	96.8
Diluted (in shares)	97.7	97.4

DTM Balance Sheet

2024-03-31

Consolidated Statements of Financial Position - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Current Assets
Cash and cash equivalents	$ 41	$ 56
Accounts receivable (net of $— allowance for expected credit loss for each period end)	136	154
Deferred property taxes	24	31
Taxes receivable	14	15
Prepaid expenses and other	14	16
Total Current Assets	229	272
Investments
Investments in equity method investees	1,735	1,762
Property
Property, plant, and equipment	5,359	5,282
Accumulated depreciation	(884)	(848)
Net Property, plant, and equipment	4,475	4,434
Other Assets
Goodwill	473	473
Long-term notes receivable — related party	4	4
Operating lease right-of-use assets	50	38
Intangible assets, net	1,953	1,968
Other	32	31
Total Other Assets	2,512	2,514
Total Assets	8,951	8,982
Current Liabilities
Accounts payable	68	94
Short-term borrowings	55	165
Operating lease liabilities	15	13
Dividends payable	71	67
Interest payable	38	10
Property taxes payable	32	34
Accrued compensation	6	18
Contract liabilities	21	18
Other	16	15
Total Current Liabilities	322	434
Long-Term Debt, net	3,067	3,065
Other Liabilities
Deferred income taxes	1,060	1,031
Operating lease liabilities	38	27
Contract liabilities	125	111
Other	33	34
Total Other Liabilities	1,256	1,203
Total Liabilities	4,645	4,702
Commitments and Contingencies (Note 10)
Stockholders' Equity
Preferred stock ($0.01 par value, 50,000,000 shares authorized, and no shares issued or outstanding as of March 31, 2024 and December 31, 2023)	0	0
Common stock ($0.01 par value, 550,000,000 shares authorized, and 97,109,100 and 96,971,021 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively)	1	1
Additional paid-in capital	3,487	3,485
Retained earnings	686	661
Accumulated other comprehensive income (loss)	(8)	(8)
Total DT Midstream Equity	4,166	4,139
Noncontrolling interests	140	141
Total Equity	4,306	4,280
Total Liabilities and Equity	$ 8,951	$ 8,982

About DT Midstream, Inc.

DT Midstream, Inc. provides integrated natural gas services in the United States. The company operates through two segments, Pipeline and Gathering. It develops, owns, and operates an integrated portfolio of interstate pipelines, intrastate pipelines, storage systems, lateral pipelines, gathering systems, related treatment plants, and compression and surface facilities. The company engages in the transportation and storage of natural gas for intermediate and end user customers; and collecting natural gas from points at or near customers' wells for delivery to plants for processing, to gathering pipelines for gathering, or to pipelines for transportation, as well as offers compression, dehydration, gas treatment, water impoundment, water storage, water transportation, and sand mining services. It serves natural gas producers, local distribution companies, electric power generators, industrials, and national marketers. The company was incorporated in 2021 and is headquartered in Detroit, Michigan.

CEO	Mr. David J. Slater
WEBSITE	dtmidstream.com
INDUSTRY	Oil - Midstream
EMPLOYEES	362

DT Midstream, Inc. Frequently Asked Questions

What is the ticker symbol for DT Midstream, Inc.? What does DTM stand for in stocks?

DTM is the stock ticker symbol of DT Midstream, Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of DT Midstream, Inc. (DTM)?

As of Wed May 08 2024, market cap of DT Midstream, Inc. is 6.23 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of DTM stock?

You can check DTM's fair value in chart for subscribers.

What is the fair value of DTM stock?

You can check DTM's fair value in chart for subscribers. The fair value of DT Midstream, Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of DT Midstream, Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for DTM so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is DT Midstream, Inc. a good stock to buy?

The fair value guage provides a quick view whether DTM is over valued or under valued. Whether DT Midstream, Inc. is cheap or expensive depends on the assumptions which impact DT Midstream, Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for DTM.

What is DT Midstream, Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed May 08 2024, DTM's PE ratio (Price to Earnings) is 15.51 and Price to Sales (PS) ratio is 6.61. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. DTM PE ratio will change depending on the future growth rate expectations of investors.