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DT Midstream ( (DTM) ) has shared an update.
On April 30, 2026, DT Midstream reported strong first-quarter 2026 results, posting reported net income and Operating Earnings of $130 million, or $1.27 per diluted share, and Adjusted EBITDA of $308 million. The Board also declared a quarterly dividend of $0.88 per share, payable July 15, 2026 to shareholders of record on June 15, 2026, reinforcing the company’s capital return profile.
Management highlighted progress on growth initiatives, including approved investments in the Vector Pipeline 2028 expansion and the Millennium Pipeline R2R project, as well as successful non-binding open seasons for expansions of Midwestern Gas Transmission and Vector Pipeline that drew demand exceeding offered capacity. DT Midstream also placed a new power plant lateral into service from Midwestern Gas Transmission, developments that support its 2026 financial goals and strengthen its position in the North American natural gas midstream market.
The most recent analyst rating on (DTM) stock is a Hold with a $165.00 price target. To see the full list of analyst forecasts on DT Midstream stock, see the DTM Stock Forecast page.
Spark’s Take on DTM Stock
According to Spark, TipRanks’ AI Analyst, DTM is a Outperform.
The score is driven primarily by strong financial performance (high margins, rising revenue/net income, and strong 2025 cash flow) and a constructive earnings outlook (growing backlog and EBITDA guidance with dividend growth). These positives are tempered by an overextended technical setup (high RSI/Stoch) and a relatively expensive valuation (P/E ~33.8) despite a moderate yield.
To see Spark’s full report on DTM stock, click here.
More about DT Midstream
DT Midstream, Inc. is a Detroit-based owner, operator and developer of natural gas interstate and intrastate pipelines, storage and gathering systems, as well as compression, treatment and surface facilities. The company transports natural gas for utilities, power plants, marketers, large industrial customers and energy producers across the Southern, Northeastern and Midwestern U.S. and Canada, offering a comprehensive wellhead-to-market service suite.
Average Trading Volume: 851,870
Technical Sentiment Signal: Buy
Current Market Cap: $14.16B
For an in-depth examination of DTM stock, go to TipRanks’ Overview page.