DT Midstream, Inc. (DTM)
| Market Cap | 5.57B |
| Revenue (ttm) | 921.00M |
| Net Income (ttm) | 348.00M |
| Shares Out | 96.97M |
| EPS (ttm) | 3.58 |
| PE Ratio | 16.28 |
| Forward PE | 15.51 |
| Dividend | $2.76 (4.78%) |
| Ex-Dividend Date | Dec 15, 2023 |
| Volume | 75,774 |
| Open | 58.21 |
| Previous Close | 58.27 |
| Day's Range | 57.71 - 58.29 |
| 52-Week Range | 45.11 - 58.93 |
| Beta | 0.82 |
| Analysts | Hold |
| Price Target | 56.89 (-1.49%) |
| Earnings Date | Nov 1, 2023 |
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]
Financial Performance
In 2022, DT Midstream's revenue was $920.00 million, an increase of 9.52% compared to the previous year's $840.00 million. Earnings were $370.00 million, an increase of 20.52%.
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for DTM stock is "Hold." The 12-month stock price forecast is $56.89, which is a decrease of -1.49% from the latest price.
News
DT Midstream Reports Strong Third Quarter 2023 Results
DETROIT, Nov. 01, 2023 (GLOBE NEWSWIRE) -- DT Midstream, Inc. (NYSE: DTM) today announced third quarter 2023 reported net income of $91 million, or $0.94 per diluted share. For the third quarter of 20...
DT Midstream to Announce Third Quarter 2023 Financial Results, Schedules Earnings Call
DETROIT, Oct. 18, 2023 (GLOBE NEWSWIRE) -- DT Midstream, Inc. (NYSE: DTM) plans to announce third quarter 2023 financial results before the market opens on Wednesday, November 1, 2023.
DT Midstream Completes Phase 1 LEAP Expansion
DETROIT, Aug. 30, 2023 (GLOBE NEWSWIRE) -- DT Midstream, Inc. (NYSE: DTM) announced today the early commissioning of its LEAP phase 1 expansion, increasing its capacity from 1.0 Bcf/d to 1.3 Bcf/d, ah...
DT Midstream Reports Strong Second Quarter 2023 Results; Announces New Ohio Utica Investment
DETROIT, Aug. 01, 2023 (GLOBE NEWSWIRE) -- DT Midstream, Inc. (NYSE: DTM) today announced second quarter 2023 reported net income of $91 million, or $0.93 per diluted share. For the second quarter of ...
DT Midstream to Announce Second Quarter 2023 Financial Results, Schedules Earnings Call
DETROIT, July 18, 2023 (GLOBE NEWSWIRE) -- DT Midstream, Inc. (NYSE: DTM) plans to announce second quarter 2023 financial results before the market opens on Tuesday, August 1, 2023.
DT Midstream Publishes Annual Sustainability Report
DETROIT, June 06, 2023 (GLOBE NEWSWIRE) -- DT Midstream, Inc. (NYSE: DTM) announced today that it has published its annual Corporate Sustainability Report which outlines the company's environmental, s...
DT Midstream Announces Quarterly Dividend
DETROIT, May 05, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of DT Midstream, Inc. (NYSE: DTM) has declared a $0.69 per share dividend on its common stock payable Jul. 15, 2023 to shareholders of ...
DT Midstream Reports Strong First Quarter 2023 Results
DETROIT, May 02, 2023 (GLOBE NEWSWIRE) -- DT Midstream, Inc. (NYSE: DTM) today announced first quarter 2023 reported net income of $81 million, or $0.84 per diluted share. Operating Earnings for the q...
DT Midstream to Announce First Quarter 2023 Financial Results, Schedules Earnings Call
DETROIT, April 18, 2023 (GLOBE NEWSWIRE) -- DT Midstream, Inc. (NYSE: DTM) plans to announce first quarter 2023 financial results before the market opens on Tuesday, May 2, 2023.
DT Midstream, Inc. Announces Board of Directors Changes
DETROIT, March 08, 2023 (GLOBE NEWSWIRE) -- The DT Midstream, Inc. Board of Directors announced the appointment of Angela Archon to its Board of Directors, effective March 7, 2023. Ms. Archon, who qua...
DT Midstream Reports Strong Fourth Quarter 2022 Results; Raises 2023 Adjusted EBITDA Guidance
DETROIT, Feb. 16, 2023 (GLOBE NEWSWIRE) -- DT Midstream, Inc. (NYSE: DTM) today announced fourth quarter 2022 reported net income of $85 million, or $0.88 per diluted share. For the fourth quarter of ...
DT Midstream Sets 2023 Annual Meeting Date
DETROIT, Feb. 09, 2023 (GLOBE NEWSWIRE) -- DT Midstream, Inc. (NYSE: DTM) announced that its 2023 Annual Meeting of Stockholders will be Friday, May 5. Stockholders of record at the close of business ...
DT Midstream to Announce Fourth Quarter and Full Year 2022 Financial Results, Schedules Earnings Call
DETROIT, Feb. 02, 2023 (GLOBE NEWSWIRE) -- DT Midstream, Inc. (NYSE: DTM) plans to announce fourth quarter and full year 2022 financial results before the market opens on Thursday, February 16, 2023.
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 2...
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.
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 Pipel...
These 2 High Yielders Could Benefit From The Supply Crunch Caused By The Russia-Ukraine War - DCP Midstream (NYSE:DCP), DT Midstream (NYSE:DTM)
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 ar...
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 Pipeli...
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 leader...
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 ...
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.
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 str...
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 quar...
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.
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 $6...