DT Midstream, Inc. (DTM)
| Market Cap | 10.19B |
| Revenue (ttm) | 981.00M |
| Net Income (ttm) | 354.00M |
| Shares Out | 101.36M |
| EPS (ttm) | 3.60 |
| PE Ratio | 27.92 |
| Forward PE | 22.99 |
| Dividend | $3.28 (3.26%) |
| Ex-Dividend Date | Mar 17, 2025 |
| Volume | 988,179 |
| Open | 101.47 |
| Previous Close | 101.00 |
| Day's Range | 100.36 - 102.12 |
| 52-Week Range | 59.00 - 114.50 |
| Beta | 0.83 |
| Analysts | Buy |
| Price Target | 102.50 (+1.98%) |
| Earnings Date | Apr 29, 2025 |
About DTM
DT Midstream, Inc., together with its subsidiaries, provides integrated natural gas services in the United States. The company operates in two segments, Pipeline and Gathering. The Pipeline segment owns and operates interstate and intrastate natural gas pipelines, storage systems, and natural gas gathering lateral pipelines. This segment also engages in the transportation and storage of natural gas for intermediate and end-user customers. The Gathering segment owns and operates gas gathering systems. This segment is involved in the collection o... [Read more]
Financial Performance
In 2024, DT Midstream's revenue was $981.00 million, an increase of 6.40% compared to the previous year's $922.00 million. Earnings were $354.00 million, a decrease of -7.81%.
Financial StatementsAnalyst Forecast
According to 12 analysts, the average rating for DTM stock is "Buy." The 12-month stock price forecast is $102.5, which is an increase of 1.98% from the latest price.
News
DT Midstream: Shares Enter Bear Territory, Creating A Better Buying Opportunity
DT Midstream has shown impressive growth in their business and that has led to solid total returns, outpacing the S&P 500. More recently, though, shares have been on the decline and entered into bear ...
DT Midstream: Much More Compelling Now That The Bubble Has Popped (Rating Upgrade)
The market has grown frustrated with the slower than expected deployment of AI related infrastructure. As a result, DTM's stock has corrected from unsustainable levels. As a result of the sell off, DT...
DT Midstream, Inc. (DTM) Q4 2024 Earnings Call Transcript
DT Midstream, Inc. (DTM) Q4 2024 Earnings Call Transcript
DT Midstream Reports Record 2024 Results; Raises Dividend and 2025 Adjusted EBITDA Guidance
Full year 2024 Adjusted EBITDA of $969 million Increased dividend by 12% Increased 2025 Adjusted EBITDA guidance Announced new agreements to serve utility-scale power generation projects DETROIT, Feb....
DT Midstream Sets 2025 Annual Meeting Date
DETROIT, Feb. 19, 2025 (GLOBE NEWSWIRE) -- DT Midstream, Inc. (NYSE: DTM) announced that its 2025 Annual Meeting of Stockholders will be Tuesday, May 6. Stockholders of record at the close of business...
DT Midstream to Announce Fourth Quarter and Full Year 2024 Financial Results, Schedules Earnings Call
DETROIT, Feb. 12, 2025 (GLOBE NEWSWIRE) -- DT Midstream, Inc. (NYSE: DTM) plans to announce fourth quarter and full year 2024 financial results before the market opens on Wednesday, February 26, 2025.
Tech and utilities lead stocks lower amid market sell-off
CNBC's Brian Sullivan joins 'Power Lunch' to discuss how energy stocks are moving on the market sell-off.
DT Midstream Announces Closing of Midwest Pipeline Acquisition
DETROIT, Dec. 31, 2024 (GLOBE NEWSWIRE) -- DT Midstream, Inc. (NYSE: DTM) today announced that it has successfully closed on the acquisition of a portfolio of three FERC-regulated natural gas transmis...
ONEOK Closes Sale of Wholly Owned Interstate Natural Gas Pipelines
Guardian, Midwestern and Viking Gas Transmission Pipelines Sold to DT Midstream for $1.2 Billion TULSA, Okla. , Dec. 31, 2024 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) today announced that it has closed...
Stifel Sees Opportunity In DT Midstream Pullback: Upgrades Rating On Diversified Growth Potential
Stifel analyst Selman Akyol upgraded DT Midstream, Inc. DTM to Buy from Hold and raised the price target to $106 from $89.
DT Midstream Announces Closing of Offering of Senior Secured Notes
DETROIT, Dec. 06, 2024 (GLOBE NEWSWIRE) -- DT Midstream, Inc. (“DT Midstream” or the “Company”) (NYSE: DTM) today announced that it has closed the previously announced offering (the “Offering”) of $65...
DT Midstream Announces Pricing of Offering of Senior Secured Notes
DETROIT, Nov. 21, 2024 (GLOBE NEWSWIRE) -- DT Midstream, Inc. (“DT Midstream” or the “Company”) (NYSE: DTM) today announced that it has priced an offering (the “Offering”) of $650,000,000 of 5.800% Se...
DT Midstream Announces Pricing of Upsized Public Offering of Common Stock
DETROIT, Nov. 20, 2024 (GLOBE NEWSWIRE) -- DT Midstream, Inc. (NYSE: DTM) today announced the pricing of its previously announced underwritten registered public offering. The size of the offering incr...
CORRECTION - DT Midstream Announces $1.2 Billion Acquisition of Strategic Midwest FERC-Regulated Natural Gas Pipelines
In a release issued under the same headline earlier today by DT Midstream, Inc. (NYSE: DTM), please note that in the "Conference Call" paragraph of the release, the call time should be 9:30 a.m. ET (8...
DT Midstream Announces Proposed Public Offering of Common Stock
DETROIT, Nov. 19, 2024 (GLOBE NEWSWIRE) -- DT Midstream, Inc. (NYSE: DTM) announced that it has commenced an underwritten public offering of $300 million of shares of common stock. In connection with ...
DT Midstream to buy three natgas pipelines from ONEOK for $1.2 bln
Pipeline operator DT Midstream said on Tuesday it would acquire a portfolio of three natural gas transmission pipelines from ONEOK for $1.2 billion in cash.
ONEOK Announces Agreement to Sell Wholly Owned Interstate Natural Gas Pipelines to DT Midstream
Assets to be Sold Include Guardian, Midwestern and Viking Gas Transmission TULSA, Okla. , Nov. 19, 2024 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) ("ONEOK") today announced that it has executed a definit...
DT Midstream Announces $1.2 Billion Acquisition of Strategic Midwest FERC-Regulated Natural Gas Pipelines
DETROIT, Nov. 19, 2024 (GLOBE NEWSWIRE) -- DT Midstream, Inc. (NYSE: DTM) today announced that it has reached an agreement to acquire a portfolio of three FERC-regulated natural gas transmission pipel...
DT Midstream, Inc. (DTM) Q3 2024 Earnings Call Transcript
DT Midstream, Inc. (NYSE:DTM) Q3 2024 Earnings Conference Call October 29, 2024 9:00 AM ET Company Participants Todd Lohrmann - Director of IR David Slater - President and CEO Jeff Jewell - EVP and C...
DT Midstream Reports Strong Third Quarter 2024 Results; Raises Adjusted EBITDA Guidance
DETROIT, Oct. 29, 2024 (GLOBE NEWSWIRE) -- DT Midstream, Inc. (NYSE: DTM) today announced third quarter 2024 reported net income of $88 million, or $0.90 per diluted share. For the third quarter of 20...
Very Good News For Big Dividend Infrastructure Stocks
Big dividend infrastructure stocks have surged recently. We discuss the two major catalysts for this surge. We also share several opportunities that remain very attractive in the space.
DT Midstream to Announce Third Quarter 2024 Financial Results, Schedules Earnings Call
DETROIT, Oct. 15, 2024 (GLOBE NEWSWIRE) -- DT Midstream, Inc. (NYSE: DTM) plans to announce third quarter 2024 financial results before the market opens on Tuesday, October 29, 2024.
'Low' Yield? No Problem!
DT Midstream offers a stable revenue stream with 90% of income from take-or-pay contracts, shielding it from volatile commodity prices. Despite a lower 3.5% yield, DTM impresses with 7% annual dividen...
Midstream Energy - Relative Quality
Many midstream energy companies pay stable, well-supported distributions or dividends with yields well over 5%. The relative quality of twenty-nine midstream energy companies was evaluated by means of...
DT Midstream, Inc. (DTM) Q2 2024 Earnings Call Transcript
DT Midstream, Inc. (NYSE:DTM) Q2 2024 Earnings Conference Call July 30, 2024 9:00 AM ET Company Participants Todd Lohrmann - Director, Investor Relations David Slater - President and Chief Executive ...