How does DTM's PE Ratio compare to its peers?

DTM is expensive based on its Price-To-Earnings Ratio (24.8x) compared to the peer average (15.4x).

How does DTM's PE Ratio compare vs other companies in the US Oil and Gas Industry?

DTM is expensive based on its Price-To-Earnings Ratio (24.8x) compared to the US Oil and Gas industry average (11.8x).

What is DTM's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

DTM is expensive based on its Price-To-Earnings Ratio (24.8x) compared to the estimated Fair Price-To-Earnings Ratio (11.8x).

What is the Fair Price of DTM when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

DTM ($102.73) is trading below our estimate of [[fair value]] ($134.03)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is lower than the current share price.

DT Midstream (NYSE:DTM) - Stock Price, News & Analysis

DTM Stock Overview

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

DTM fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	1/6
Past Performance	5/6
Financial Health	3/6
Dividends	3/6

Rewards

Trading at 23.4% below our estimate of its fair value

Earnings are forecast to grow 7.19% per year

Earnings grew by 15.5% over the past year

Risk Analysis

Has a high level of debt

DT Midstream, Inc. Competitors

Plains All American Pipeline

NasdaqGS:PAA

US$12.3b

Hess Midstream

NYSE:HESM

US$8.0b

Antero Midstream

NYSE:AM

US$7.5b

Western Midstream Partners

NYSE:WES

US$14.4b

Price History & Performance

Summary of all time highs, changes and price drops for DT Midstream
Historical stock prices
Current Share Price	US$102.73
52 Week High	US$103.51
52 Week Low	US$51.17
Beta	0.74
11 Month Change	18.18%
3 Month Change	35.60%
1 Year Change	81.25%
33 Year Change	113.93%
5 Year Change	n/a
Change since IPO	145.53%

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

Nov 17

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

Nov 01

Recent updates

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

Nov 17

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

Nov 01

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

Aug 17

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

Aug 01

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

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

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

May 21

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

Apr 22

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

Mar 17

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

Feb 28

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

Feb 18

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

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

Jan 06

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

Capital Allocation Trends At DT Midstream (NYSE:DTM) Aren't Ideal

Oct 10

Estimating The Intrinsic Value Of DT Midstream, Inc. (NYSE:DTM)

Sep 21

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

Be Wary Of DT Midstream (NYSE:DTM) And Its Returns On Capital

Jun 30

Estimating The Intrinsic Value Of DT Midstream, Inc. (NYSE:DTM)

Jun 06

DT Midstream: Asset Optimization Fostering Growth

May 29

Here's What Analysts Are Forecasting For DT Midstream, Inc. (NYSE:DTM) Following Its Earnings Miss

May 05

There Are Reasons To Feel Uneasy About DT Midstream's (NYSE:DTM) Returns On Capital

Mar 10

DT Midstream Q4 2022 Earnings Preview

Feb 15

Calculating The Intrinsic Value Of DT Midstream, Inc. (NYSE:DTM)

Feb 06

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

Jan 09

DT Midstream, Inc.'s (NYSE:DTM) Price Is Out Of Tune With Earnings

Jan 06

DT Midstream goes ex dividend tomorrow

Dec 15

Do DT Midstream's (NYSE:DTM) Earnings Warrant Your Attention?

Nov 25

DT Midstream Q3 2022 Earnings Preview

Oct 27

An Intrinsic Calculation For DT Midstream, Inc. (NYSE:DTM) Suggests It's 34% Undervalued

Oct 21

Shareholder Returns

	DTM	US Oil and Gas	US Market
7D	4.6%	1.6%	-1.2%
1Y	81.2%	14.9%	30.4%

Return vs Industry: DTM exceeded the US Oil and Gas industry which returned 14.9% over the past year.

Return vs Market: DTM exceeded the US Market which returned 30.4% over the past year.

Price Volatility

Is DTM's price volatile compared to industry and market?
DTM volatility
DTM Average Weekly Movement	2.7%
Oil and Gas Industry Average Movement	5.3%
Market Average Movement	6.2%
10% most volatile stocks in US Market	15.5%
10% least volatile stocks in US Market	3.1%

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 (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2021	402	David Slater	www.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 cap	US$10.01b
Earnings (TTM)	US$402.00m
Revenue (TTM)	US$976.00m

24.8x

P/E Ratio

10.2x

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)
Revenue	US$976.00m
Cost of Revenue	US$215.00m
Gross Profit	US$761.00m
Other Expenses	US$359.00m
Earnings	US$402.00m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	4.14
Gross Margin	77.97%
Net Profit Margin	41.19%
Debt/Equity Ratio	61.4%

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 Date	Dec 16 2024
Dividend Pay Date	Jan 15 2025
Days until Ex dividend	25 days
Days until Dividend pay date	55 days

Does DTM pay a reliable dividends?

See DTM dividend history and benchmarks

DTM Stock Overview

Rewards

Risk Analysis

DT Midstream, Inc. Competitors

NasdaqGS:PAA

US$12.3b

NYSE:HESM

US$8.0b

NYSE:AM

US$7.5b

NYSE:WES

US$14.4b

Price History & Performance

Recent News & Updates

DT Midstream, Inc. has filed a Follow-on Equity Offering in the amount of $300 million.

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

Price target increased by 7.4% to US$85.34

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

Third quarter dividend of US$0.73 announced

Third quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Recent updates

DT Midstream, Inc. has filed a Follow-on Equity Offering in the amount of $300 million.

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

Price target increased by 7.4% to US$85.34

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

Third quarter dividend of US$0.73 announced

Third quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

DT Midstream, Inc. Declares Dividend on its Common Stock, Payable January 15, 2025

DT Midstream, Inc. to Report Q3, 2024 Results on Oct 29, 2024

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

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

Upcoming dividend of US$0.73 per share

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

Price target increased by 7.1% to US$73.79

Executive VP exercised options and sold US$1.0m worth of stock

Second quarter dividend of US$0.73 announced

DT Midstream, Inc. Declares Dividend, Payable October 15, 2024

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

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

DT Midstream, Inc. to Report Q2, 2024 Results on Jul 30, 2024

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

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

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

Upcoming dividend of US$0.73 per share

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

First quarter dividend of US$0.73 announced

DT Midstream, Inc. Declares Quarterly Cash Dividend, Payable on July 15, 2024

First quarter 2024 earnings: EPS exceeds analyst expectations

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

DT Midstream, Inc. to Report Q1, 2024 Results on Apr 30, 2024

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

Upcoming dividend of US$0.73 per share

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

DT Midstream, Inc., Annual General Meeting, May 10, 2024

Fourth quarter dividend increased to US$0.73

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

Full year 2023 earnings: EPS and revenues exceed analyst expectations

DT Midstream, Inc. Declares Quarterly Cash Dividend, Payable on April 15, 2024

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

DT Midstream, Inc. to Report Q4, 2023 Results on Feb 16, 2024

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

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

Now 20% undervalued

Upcoming dividend of US$0.69 per share at 5.0% yield

DT Midstream, Inc Announces Early Mechanical Completion of LEAP Phase 2 Expansion

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

DT Midstream, Inc. Declares Dividend, Payable on January 15, 2024

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

DT Midstream Goes Natural (Gas)

DT Midstream, Inc. to Report Q3, 2023 Results on Nov 01, 2023

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

Capital Allocation Trends At DT Midstream (NYSE:DTM) Aren't Ideal

Estimating The Intrinsic Value Of DT Midstream, Inc. (NYSE:DTM)

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

Upcoming dividend of US$0.69 per share at 5.4% yield

DT Midstream: New Growth Projects And A High Yield

Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Executive Chairman exercised options and sold US$474k worth of stock