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)764.56K
Market Cap
$14.42B
Enterprise Value$17.50B
Total Cash (Recent Filing)$150.00M
Total Debt (Recent Filing)$3.37B
Price to Earnings (P/E)31.1
Beta0.51
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. Volume653,303
30 Day Avg. Volume764,563
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/Ebitda17.21
Forecast
1Y Price Target
$161.20Price Target Upside20.08% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering12
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 $14.42B.
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 61 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 $0.82 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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3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$161.20 (20.08% Upside)
$161.20 (20.08% Upside)
Blogger Sentiment
Bullish
DTM Sentiment 70%
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 ▼ 3.9%
Last 30 Days ▲ 12.9%
Last 30 Days ▲ 12.9%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
36.34%
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. 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.
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
$161.20
▲(20.08% 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
20.37% Public Companies and
Individual Investors