DT Midstream, Inc. (DTM)

NYSE: DTM · IEX Real-Time Price · USD
57.07
-1.44 (-2.46%)
Dec 6, 2022 4:00 PM EST - Market closed
-2.46%
Market Cap 5.82B
Revenue (ttm) 900.00M
Net Income (ttm) 372.00M
Shares Out 96.70M
EPS (ttm) 3.82
PE Ratio 14.94
Forward PE 14.49
Dividend $2.52 (4.41%)
Ex-Dividend Date Sep 16, 2022
Volume 723,964
Open 58.2
Previous Close 58.51
Day's Range 56.79 - 58.93
52-Week Range 44.7 - 61.12
Beta n/a
Analysts Buy
Price Target 65.43 (+14.6%)
Earnings Date Oct 28, 2022

About DTM

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 ... [Read more]

Industry Oil & Gas Midstream
Founded 2021
CEO Jeff Jewell
Employees 280
Stock Exchange NYSE
Ticker Symbol DTM
Full Company Profile

Financial Performance

In 2021, DT Midstream's revenue was $840.00 million, an increase of 11.41% compared to the previous year's $754.00 million. Earnings were $307.00 million, a decrease of -1.60%.

Financial Statements

Analyst Forecast

According to 12 analysts, the average rating for DTM stock is "Buy." The 12-month stock price forecast is 65.43, which is an increase of 14.63% from the latest price.

Price Target
$65.43
(14.63% upside)
Analyst Consensus: Buy
Stock Forecasts

News

DT Midstream Announces Quarterly Dividend

DETROIT, Dec. 05, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of DT Midstream, Inc. (NYSE: DTM) has declared a $0.64 per share dividend on its common stock payable Jan. 15, 2023 to shareholders of r...

1 day ago - GlobeNewsWire

DT Midstream (DTM) Q3 Earnings and Revenues Beat Estimates

DT Midstream (DTM) delivered earnings and revenue surprises of 4.65% and 1.85%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

DT Midstream Reports Strong Third Quarter 2022 Results; Raises Adjusted EBITDA Guidance

DETROIT, Oct. 28, 2022 (GLOBE NEWSWIRE) -- DT Midstream, Inc. (NYSE: DTM) today announced third quarter 2022 reported net income of $113 million, or $1.16 per diluted share. For the third quarter of 202...

1 month ago - GlobeNewsWire

DT Midstream (DTM) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

DT Midstream (DTM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

DT Midstream to Announce Third Quarter 2022 Financial Results, Schedules Earnings Call

DETROIT, Oct. 14, 2022 (GLOBE NEWSWIRE) -- DT Midstream, Inc. (NYSE: DTM) plans to announce third quarter 2022 financial results before the market opens on Friday, October 28, 2022.

1 month ago - GlobeNewsWire

7 Energy Stocks to Buy on the Historic OPEC Production Cuts

The Organization of the Petroleum Exporting Countries (OPEC) and its non-member allies (OPEC+) cut crude oil production by two million barrels per day. Naturally, this action imposes supply flow disrupt...

Other symbols: DKENBENSVPSXSHELXOM
1 month ago - InvestorPlace

DT Midstream Closes on Purchase of Additional Ownership in Millennium Pipeline

DETROIT, Oct. 07, 2022 (GLOBE NEWSWIRE) -- DT Midstream, Inc. (NYSE: DTM) today announced that it has closed on the $552 million purchase of an additional 26.25% ownership interest in Millennium Pipelin...

1 month ago - GlobeNewsWire

These 2 High Yielders Could Benefit From The Supply Crunch Caused By The Russia-Ukraine War - DCP Midstream (NYSE:DCP...

Since the Energy Select Sector SPDR FUN (ARCA: XLE) is down roughly 16% over the past month, it may be a good time to shop around for oversold equities in the oil and gas sector. Although investors are ...

Other symbols: DCP
2 months ago - Benzinga

DT Midstream Increases Ownership in Millennium Pipeline

DETROIT, Sept. 29, 2022 (GLOBE NEWSWIRE) -- DT Midstream, Inc. (NYSE: DTM) today announced that it has entered into an agreement to acquire an additional 26.25% ownership interest in Millennium Pipeline...

2 months ago - GlobeNewsWire

Major Energy Firms Join Appalachian Energy Future

PITTSBURGH--(BUSINESS WIRE)--Three additional major energy companies have become members of Appalachian Energy Future (https://appalachianenergyfuture.org), joining a growing list of industrial leaders ...

Other symbols: SWNWMB
2 months ago - Business Wire

DT Midstream Reports Strong Second Quarter 2022 Results; Announces Next Phase Haynesville Expansion

DETROIT, Aug. 03, 2022 (GLOBE NEWSWIRE) -- DT Midstream, Inc. (NYSE: DTM) today announced second quarter 2022 reported net income of $91 million, or $0.93 per diluted share. For the second quarter of 20...

4 months ago - GlobeNewsWire

Why Earnings Season Could Be Great for DT Midstream (DTM)

DT Midstream (DTM) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

4 months ago - Zacks Investment Research

DT Midstream (DTM) Expected to Beat Earnings Estimates: Should You Buy?

DT Midstream (DTM) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

4 months ago - Zacks Investment Research

Stocks To Watch Ahead Of Earnings: D T Midstream

D T Midstream is near a buy zone with earnings due on or around Aug. 3. The post Stocks To Watch Ahead Of Earnings: D T Midstream appeared first on Investor's Business Daily.

4 months ago - Investors Business Daily

DT Midstream to Announce Second Quarter 2022 Financial Results, Schedules Earnings Call

DETROIT, July 20, 2022 (GLOBE NEWSWIRE) -- DT Midstream, Inc. (NYSE: DTM) plans to announce second quarter 2022 financial results before the market opens on Wednesday, August 3, 2022.

4 months ago - GlobeNewsWire

Stocks Showing Rising Market Leadership: D T Midstream Earns 85 RS Rating

D T Midstream shows improving price performance, earning an upgrade to its IBD Relative Strength Rating from 80 to 85. The post Stocks Showing Rising Market Leadership: D T Midstream Earns 85 RS Rating ...

5 months ago - Investors Business Daily

DT Midstream Publishes Inaugural Sustainability Report

DETROIT, May 26, 2022 (GLOBE NEWSWIRE) -- DT Midstream, Inc. (NYSE: DTM) announced today that it has published its inaugural Corporate Sustainability Report which covers the Company's approach and strat...

6 months ago - GlobeNewsWire

DT Midstream Reports First Quarter 2022 Results, Continues Strong Commercial Progress

DETROIT, May 05, 2022 (GLOBE NEWSWIRE) -- DT Midstream, Inc. (NYSE: DTM) today announced first quarter 2022 reported net income of $81 million, or $0.84 per diluted share. Adjusted EBITDA for the quarte...

7 months ago - GlobeNewsWire

DT Midstream to Announce First Quarter 2022 Financial Results, Schedules Earnings Call

DETROIT, April 21, 2022 (GLOBE NEWSWIRE) -- DT Midstream, Inc. (NYSE: DTM) plans to announce first quarter 2022 financial results before the market opens on Thursday, May 5, 2022.

7 months ago - GlobeNewsWire

D T Midstream Just Within Buy Range As Quarterly Report Nears

D T Midstream is trading within a buy range with its next quarterly earnings report due on Apr. 28. It's trading approximately 2% above a 58.15 buy point from a.

7 months ago - Investors Business Daily

DT Midstream Announces Closing of Private Offering of Senior Secured Notes

DETROIT, April 11, 2022 (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 $600...

7 months ago - GlobeNewsWire

Is DT Midstream (DTM) Stock a Solid Choice Right Now?

DT Midstream (DTM) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

8 months ago - Zacks Investment Research

DT Midstream Announces Pricing of Private Offering of Senior Secured Notes

DETROIT, March 30, 2022 (GLOBE NEWSWIRE) -- DT Midstream, Inc. (“DT Midstream” or the “Company”) (NYSE: DTM) today announced that it has priced an offering (the “Offering”) of $600,000,000 of 4.300% Sen...

8 months ago - GlobeNewsWire

Alerian S-Network Global Indexes Makes Changes to Index Series

Alerian S-Network Global Indexes has announced that it has made changes to its Alerian Index Series following its March 2022 quarterly review. DT Midstream (NYSE: DTM) will be added to the Alerian Midst...

8 months ago - ETF Trends

5 High-Yielding Mid Cap Stocks to Buy Amid Global Uncertainty

We have narrowed our search to five mid-cap stocks with strong growth potential for 2022. These are: CBT, HII, HP, DTM and NJR.

Other symbols: CBTHIIHPNJR
8 months ago - Zacks Investment Research