Dt Midstream, Inc. (DTM)
NYSE:DTM
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DTM Stock Chart & Stats
$134.24
$1.82(1.76%)
At close: 4:00 PM EST
$134.24
$1.82(1.76%)
Day’s Range― - ―
52-Week Range$98.06 - $152.88
Previous CloseN/A
Volume222.10K
Average Volume (3M)647.08K
Market Cap
$14.52B
Enterprise Value$17.50B
Total Cash (Recent Filing)$150.00M
Total Debt (Recent Filing)$3.37B
Price to Earnings (P/E)31.3
Beta0.49
Next Earnings
Aug 04, 2026EPS Estimate
1.17Next Dividend Ex-DateN/A
Dividend Yield2.7%
Share Statistics
EPS (TTM)4.55
Shares Outstanding102,014,114
10 Day Avg. Volume581,285
30 Day Avg. Volume647,075
Financial Highlights & Ratios
PEG Ratio1.19
Price to Book (P/B)2.57
Price to Sales (P/S)9.78
P/FCF Ratio24.82
Enterprise Value/Market Cap1.21
Enterprise Value/Revenue13.72
Enterprise Value/Gross Profit23.62
Enterprise Value/Ebitda16.51
Forecast
1Y Price Target
$163.33Price Target Upside21.67% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering11
EPS Forecast (FY)4.83
Revenue Forecast (FY)$1.33B
Bulls Say, Bears Say
Bulls Say
High Margins & Cash GenerationDT Midstream's very high TTM net margins (~36%) and strong free cash flow (~$727M, +16.7% TTM) indicate durable cash generation. This supports sustainable dividend growth, funds organic project capex, and provides internal financing for backlog projects while insulating returns from short commodity swings.
Material Project BacklogA $3.4B backlog and approved investments (Vector expansion, Millennium R2R) crystallize multi-year revenue and capacity growth. Backlog anchored by negotiated and long-term contracts improves visibility into future fee-based cash flows and justifies staged capital allocation over 2026–2028.
Long-term Contracted VolumesSecuring term extensions (5–25 years) and long-duration demand contracts (eg, 20-year power lateral) locks in fee-based revenue and limits commodity exposure. This strengthens cash-flow durability, supports higher utilization of assets, and reduces volatility in base earnings as projects come online.
Bears Say
Execution & FID RiskKey growth projects remain contingent on customer FIDs and regulatory approvals. Delays or adverse permitting outcomes can push timelines, increase development costs, and defer contracted revenue, creating execution risk that can materially affect multi-year growth and ROI assumptions.
Seasonality & Cash-flow SwingsSignificant seasonal swings and historical FCF volatility (notably the 2023 collapse) show underlying cash flows can be uneven. Reliance on weather-driven utilization and step-downs in rates can cause material quarterly and annual cash-flow variability, complicating capital planning and payout consistency.
Competitive & Producer-price ExposureIntense basin competition and sensitivity to producer behavior and gas prices can pressure volumes, compress tariff negotiations, and limit upside on expansions. Over time this may require continued commercial responsiveness and could reduce long-run utilization or margin expansion in contested basins.
DT Midstream News
DTM FAQ
What was Dt Midstream, Inc.’s price range in the past 12 months?
Dt Midstream, Inc. lowest stock price was $98.06 and its highest was $152.88 in the past 12 months.
What is Dt Midstream, Inc.’s market cap?
Dt Midstream, Inc.’s market cap is $14.52B.
When is Dt Midstream, Inc.’s upcoming earnings report date?
Dt Midstream, Inc.’s upcoming earnings report date is Aug 04, 2026 which is in 50 days.
How were Dt Midstream, Inc.’s earnings last quarter?
Dt Midstream, Inc. released its earnings results on Apr 30, 2026. The company reported $1.27 earnings per share for the quarter, beating the consensus estimate of $1.171 by $0.099.
Is Dt Midstream, Inc. overvalued?
According to Wall Street analysts Dt Midstream, Inc.’s price is currently Undervalued.
Does Dt Midstream, Inc. pay dividends?
Dt Midstream, Inc. pays a Quarterly dividend of $0.88 which represents an annual dividend yield of 2.7%. See more information on Dt Midstream, Inc. dividends here
What is Dt Midstream, Inc.’s EPS estimate?
Dt Midstream, Inc.’s EPS estimate is 1.17.
How many shares outstanding does Dt Midstream, Inc. have?
Dt Midstream, Inc. has 102,014,114 shares outstanding.
What happened to Dt Midstream, Inc.’s price movement after its last earnings report?
Dt Midstream, Inc. reported an EPS of $1.27 in its last earnings report, beating expectations of $1.171. Following the earnings report the stock price went up 6.629%.
Which hedge fund is a major shareholder of Dt Midstream, Inc.?
Currently, no hedge funds are holding shares in DTM
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
DT Midstream Stock Smart Score
Outperform
1
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$163.33 (21.67% Upside)
$163.33 (21.67% Upside)
Blogger Sentiment
Bullish
DTM Sentiment 100%
Sector Average 72%
Sector Average 72%
Hedge Fund Trend
Increased
By 161.2K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $22.2K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.5%
Last 30 Days ▲ 7.0%
Last 30 Days ▲ 7.0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
37.85%
12-Months-Change
Fundamentals
Return on Equity
9.82%
Trailing 12-Months
Asset Growth
2.25%
Trailing 12-Months
Company Description
Dt Midstream, Inc.
DT Midstream, Inc. is a U.S.-based company offering a comprehensive suite of natural gas infrastructure and related services. The organization's operations are divided into two primary divisions: Pipeline and Gathering. It is responsible for the development, ownership, and management of an interconnected network of assets. This portfolio includes both interstate and intrastate pipelines, natural gas storage facilities, lateral pipelines, gathering systems, specialized treatment plants, and various compression and surface equipment. The company's core services involve the transportation and storage of natural gas for a wide array of clients, ranging from intermediate users to final consumers. Furthermore, DT Midstream actively gathers natural gas directly from wellheads, channeling it either to processing plants or into gathering and transportation pipelines. Its service offerings extend to include gas compression, dehydration, treatment, comprehensive water management (encompassing impoundment, storage, and transport), and sand mining. DT Midstream caters to a diverse clientele, including natural gas producers, local distribution companies (LDCs), electricity generators, industrial businesses, and national energy marketers. The company was founded in 2021 and has its corporate headquarters situated in Detroit, Michigan.
DTM Company Deck
DTM Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed a strongly constructive growth story: multiple approved projects, oversubscribed open seasons, higher sequential adjusted EBITDA, high asset utilization (LEAP full), and a robust balance sheet supporting elevated investment plans. Offsetting risks included seasonal Q1 strength that may not repeat, project dependencies on FIDs and regulatory approvals, and competitive and producer/price risks in the basins. Overall, the positive project momentum, commercial wins, and financial strength outweigh the execution and seasonality risks.View all DTM earnings summariesDTM Stock 12 Month Forecast
Average Price Target
$163.33
▲(21.67% Upside)
Technical Analysis
Plains All American
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Western Midstream Partners
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Plains GP Holdings
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Antero Midstream
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Hess Midstream Partners
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Ownership Overview
0.54% Insiders
25.90% Mutual Funds
25.17% Other Institutional Investors
20.32% Public Companies and
Individual Investors