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DT Midstream NYSE:DTM Stock Report

Last Price

US$100.91

Market Cap

US$10.2b

7D

0.3%

1Y

84.4%

Updated

22 Dec, 2024

Data

Company Financials +

DT Midstream, Inc.

NYSE:DTM Stock Report

Market Cap: US$10.2b

DTM Stock Overview

Provides integrated natural gas services in the United States. More details

DTM fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance5/6
Financial Health3/6
Dividends3/6

Rewards

Trading at 31.1% below our estimate of its fair value

Earnings are forecast to grow 10.76% per year

Earnings grew by 15.5% over the past year

Risk Analysis

Shareholders have been diluted in the past year

Has a high level of debt


My Notes

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Community Narratives

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WA
Analyst Price Target
Consensus Narrative from 9 Analysts

LEAP Phase 4 And Stonewall Upgrades Will Increase Capacity To Meet Energy Demand

Key Takeaways Expansion efforts, including LEAP Phase 4 and Stonewall system upgrades, aim to boost revenue by meeting growing energy demands. Investment-grade credit rating upgrade may reduce interest expenses and improve net margins, enhancing future earnings.
View narrative
US$98.67
FV
2.3% overvalued intrinsic discount
11.11%
Revenue growth p.a.
0users have liked this narrative
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0users have followed this narrative
10 days ago author updated this narrative

DT Midstream, Inc. Competitors

Plains All American Pipeline

NasdaqGS:PAA

US$11.9b

Hess Midstream

NYSE:HESM

US$7.9b

Western Midstream Partners

NYSE:WES

US$14.6b

Antero Midstream

NYSE:AM

US$7.2b

Price History & Performance

Summary of share price highs, lows and changes for DT Midstream
Historical stock prices
Current Share PriceUS$100.91
52 Week HighUS$109.85
52 Week LowUS$51.17
Beta0.80
1 Month Change-7.05%
3 Month Change27.28%
1 Year Change84.38%
3 Year Change112.31%
5 Year Changen/a
Change since IPO141.18%

Recent News & Updates

DT Midstream, Inc. (NYSE:DTM) Shares Could Be 29% Below Their Intrinsic Value Estimate

Dec 09
DT Midstream, Inc. (NYSE:DTM) Shares Could Be 29% Below Their Intrinsic Value Estimate

A Transformative Move For DT Midstream

Nov 22

Recent updates

DT Midstream, Inc. (NYSE:DTM) Shares Could Be 29% Below Their Intrinsic Value Estimate

Dec 09
DT Midstream, Inc. (NYSE:DTM) Shares Could Be 29% Below Their Intrinsic Value Estimate

A Transformative Move For DT Midstream

Nov 22

Pinning Down DT Midstream, Inc.'s (NYSE:DTM) P/E Is Difficult Right Now

Nov 17
Pinning Down DT Midstream, Inc.'s (NYSE:DTM) P/E Is Difficult Right Now

DT Midstream, Inc. (NYSE:DTM) Just Reported And Analysts Have Been Lifting Their Price Targets

Nov 01
DT Midstream, Inc. (NYSE:DTM) Just Reported And Analysts Have Been Lifting Their Price Targets

'Low' Yield? No Problem! Why DT Midstream's 3.5% Dividend Packs A Punch

Oct 07

Here's Why DT Midstream (NYSE:DTM) Has Caught The Eye Of Investors

Sep 16
Here's Why DT Midstream (NYSE:DTM) Has Caught The Eye Of Investors

Returns On Capital At DT Midstream (NYSE:DTM) Paint A Concerning Picture

Sep 01
Returns On Capital At DT Midstream (NYSE:DTM) Paint A Concerning Picture

DT Midstream, Inc.'s (NYSE:DTM) Popularity With Investors Is Under Threat From Overpricing

Aug 17
DT Midstream, Inc.'s (NYSE:DTM) Popularity With Investors Is Under Threat From Overpricing

An Intrinsic Calculation For DT Midstream, Inc. (NYSE:DTM) Suggests It's 32% Undervalued

Aug 01
An Intrinsic Calculation For DT Midstream, Inc. (NYSE:DTM) Suggests It's 32% Undervalued

DT Midstream: The 4% Yielding Dividend Grower You Probably Didn't Know

Jul 10

Does DT Midstream (NYSE:DTM) Have A Healthy Balance Sheet?

Jun 26
Does DT Midstream (NYSE:DTM) Have A Healthy Balance Sheet?

DT Midstream Is Worth Holding, But Its Time To Consider Recycling Profits

Jun 23

Here's Why DT Midstream (NYSE:DTM) Has Caught The Eye Of Investors

Jun 08
Here's Why DT Midstream (NYSE:DTM) Has Caught The Eye Of Investors

The Returns On Capital At DT Midstream (NYSE:DTM) Don't Inspire Confidence

May 21
The Returns On Capital At DT Midstream (NYSE:DTM) Don't Inspire Confidence

DT Midstream, Inc. (NYSE:DTM) Shares Could Be 26% Below Their Intrinsic Value Estimate

Apr 22
DT Midstream, Inc. (NYSE:DTM) Shares Could Be 26% Below Their Intrinsic Value Estimate

Is DT Midstream (NYSE:DTM) Using Too Much Debt?

Mar 17
Is DT Midstream (NYSE:DTM) Using Too Much Debt?

DT Midstream (NYSE:DTM) Has Announced That It Will Be Increasing Its Dividend To $0.735

Feb 28
DT Midstream (NYSE:DTM) Has Announced That It Will Be Increasing Its Dividend To $0.735

There Is A Reason DT Midstream, Inc.'s (NYSE:DTM) Price Is Undemanding

Feb 18
There Is A Reason DT Midstream, Inc.'s (NYSE:DTM) Price Is Undemanding

DT Midstream: A 5.2% Dividend With A 41% Payout Ratio

Feb 14

DT Midstream's (NYSE:DTM) Returns Have Hit A Wall

Jan 27
DT Midstream's (NYSE:DTM) Returns Have Hit A Wall

Are Investors Undervaluing DT Midstream, Inc. (NYSE:DTM) By 24%?

Jan 06
Are Investors Undervaluing DT Midstream, Inc. (NYSE:DTM) By 24%?

Enterprise Products Partners And DT Midstream: 2 Pipeline Stocks For Cash Flow

Nov 27

DT Midstream Goes Natural (Gas)

Oct 22

DT Midstream: Overlooked With Attractive Yield And No Debt Maturities Until 2028

Oct 10

DT Midstream: Strong Operational Performance Doesn't Make For A Buy Yet

Sep 16

DT Midstream: New Growth Projects And A High Yield

Aug 29

DT Midstream: Asset Optimization Fostering Growth

May 29

DT Midstream Q4 2022 Earnings Preview

Feb 15

DT Midstream: Higher Dividends Are Very Likely Coming Soon (Rating Upgrade)

Jan 09

Shareholder Returns

DTMUS Oil and GasUS Market
7D0.3%-5.1%-2.4%
1Y84.4%2.6%23.3%

Return vs Industry: DTM exceeded the US Oil and Gas industry which returned 2.6% over the past year.

Return vs Market: DTM exceeded the US Market which returned 23.3% over the past year.

Price Volatility

Is DTM's price volatile compared to industry and market?
DTM volatility
DTM Average Weekly Movement3.9%
Oil and Gas Industry Average Movement5.4%
Market Average Movement6.3%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.1%

Stable Share Price: DTM has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: DTM's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2021402David Slaterwww.dtmidstream.com

DT Midstream, Inc., together with its subsidiaries, provides integrated natural gas services in the United States. The company operates through 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.

DT Midstream, Inc. Fundamentals Summary

How do DT Midstream's earnings and revenue compare to its market cap?
DTM fundamental statistics
Market capUS$10.22b
Earnings (TTM)US$402.00m
Revenue (TTM)US$976.00m

25.4x

P/E Ratio

10.5x

P/S Ratio

Is DTM overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
DTM income statement (TTM)
RevenueUS$976.00m
Cost of RevenueUS$215.00m
Gross ProfitUS$761.00m
Other ExpensesUS$359.00m
EarningsUS$402.00m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)3.97
Gross Margin77.97%
Net Profit Margin41.19%
Debt/Equity Ratio61.4%

How did DTM perform over the long term?

See historical performance and comparison

Dividends

2.9%

Current Dividend Yield

70%

Payout Ratio

Does DTM pay a reliable dividends?

See DTM dividend history and benchmarks
When do you need to buy DTM by to receive an upcoming dividend?
DT Midstream dividend dates
Ex Dividend DateDec 16 2024
Dividend Pay DateJan 15 2025
Days until Ex dividend6 days
Days until Dividend pay date24 days

Does DTM pay a reliable dividends?

See DTM dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 02:07
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

DT Midstream, Inc. is covered by 17 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ishan MajumdarBaptista Research
Theresa ChenBarclays
Spiro DounisCitigroup Inc