DTM

DT Midstream Inc

124.34

Oct 30 • 3:59 PM ET -2.64 (-2.08%)

125.00

Aftermarket • 5:09 PM ET +0.66 (0.53%)

Energy Oil & Gas Midstream USA Large NYSE

Oct 29, 11:38 AMDT Midstream raises 2026 EBITDA and DCF guidance, cuts 2026 growth capex on ~$2.4B contracted backlog

Peers: WMB KMI AM TRP ET WES KNTK OKE TRGP EQT

| Held by: IJH VTI VB VBR MLPX VXF MDY DFAT XMMO SPMD

Scroll to Statements

Index	-
Market Cap	12.68B
Enterprise Value	15.91B
Income	471.00M
Sales	1.33B
Book/sh	47.20
Cash/sh	2.26
Dividend Est.	3.42 (2.75%)
Dividend TTM	3.46 (2.78%)
Dividend Ex-Date	Dec 15, 2026
Dividend Gr. 3/5Y	8.61% -
Payout	76.24%
Employees	588
IPO	Jun 18, 2021

P/E	27.11
Forward P/E	24.67
PEG	3.00
P/S	9.52
P/B	2.63
P/C	54.91
P/FCF	21.32
EV/EBITDA	16.70
EV/Sales	11.95
Quick Ratio	1.16
Current Ratio	1.16
Debt/Eq	0.69
LT Debt/Eq	0.69
Option/Short	Yes / Yes

EPS (ttm)	4.59
EPS next Y	5.04
EPS next Q	1.18
EPS this Y	8.95%
EPS next Y	7.58%
EPS next 5Y	8.23%
EPS past 3/5Y	4.17% 5.96%
Sales past 3/5Y	10.55% 10.51%
EPS Y/Y TTM	22.38%
Sales Y/Y TTM	13.36%
EPS Q/Q	2.41%
Sales Q/Q	7.01%
Earnings	Oct 29 BMO
EPS/Sales Surpr.	2.65% 0.26%

Insider Own	0.55%
Insider Trans	0.32%
Inst Own	88.22%
Inst Trans	2.27%
ROA	4.62%
ROE	9.90%
ROIC	5.80%
Gross Margin	53.00%
Oper. Margin	49.62%
Profit Margin	35.36%
SMA20	0.13%
SMA50	-1.01%
SMA200	-7.81%
Trades

Shs Outstand	102.02M
Shs Float	101.45M
Short Float	6.98%
Short Ratio	7.20
Short Interest	7.08M
52W High	152.88 -18.67%
52W Low	106.00 17.30%
Volatility	2.99% 2.76%
ATR (14)	3.72
RSI (14)	48.90
Beta	0.75
Rel Volume	1.20
Avg Volume	982.84K
Volume	1,176,686

Perf Week	0.35%
Perf Month	3.55%
Perf Quarter	-8.12%
Perf Half Y	-15.68%
Perf YTD	3.89%
Perf Year	13.37%
Perf 3Y	133.02%
Perf 5Y	159.26%
Perf 10Y	-
Recom	2.06
Target Price	148.60
Prev Close	126.98
Price	124.34
Change %	-2.08%

Consensus

Buy

Avg. Price Target

$148.60

Implied Upside

+19.5%

Analysts13incl. previous ratings

Rating Distribution8 Buy · 4 Hold · 1 Sell

Date	Action	Analyst	Rating Change	Price Target Change	Implied Upside
Sep 10, 2026	Upgrade	MMorgan Stanley	Equal-Weight → Overweight	$170	+36.7%
Aug 26, 2026	Upgrade	WWolfe Research	Peer Perform → Outperform	$145	+16.6%
May 26, 2026	Initiated	BScotiabank	Sector Outperform	$176	+41.5%
Apr 22, 2026	Upgrade	MMorgan Stanley	Underweight → Equal-Weight	$165	+32.7%
Feb 24, 2026	Downgrade	SStifel	Buy → Hold	$137	+10.2%
Nov 03, 2025	Initiated	JJefferies	Buy	$125	+0.5%
Mar 24, 2025	Initiated	BBofA Securities	Buy	$110	-11.5%
Mar 12, 2025	Initiated	UUBS	Buy	$102	-18.0%
Jan 10, 2025	Initiated	BBarclays	Equal Weight	$112	-9.9%
Dec 19, 2024	Upgrade	SStifel	Hold → Buy	$89 → $106	-14.7%
Nov 21, 2024	Upgrade	CCitigroup	Neutral → Buy	$90 → $115	-7.5%
Oct 30, 2024	Downgrade	SStifel	Buy → Hold	$78 → $89	-28.4%
Jun 04, 2024	Upgrade	WWells Fargo	Equal Weight → Overweight	$62 → $77	-38.1%
Feb 20, 2024	Upgrade	WWolfe Research	Underperform → Peer Perform
Jan 10, 2024	Downgrade	WWolfe Research	Peer Perform → Underperform	$53	-57.4%
Jan 05, 2024	Downgrade	MMizuho	Buy → Neutral	$58 → $57	-54.2%
Dec 01, 2023	Downgrade	JJP Morgan	Overweight → Neutral
Oct 06, 2023	Resumed	GGoldman	Sell	$46	-63.0%
Oct 04, 2023	Initiated	SStifel	Buy	$60	-51.7%
Mar 02, 2023	Upgrade	MMizuho	Neutral → Buy	$60 → $59	-52.5%

Oct-29-26 11:33AM	DT Midstream Beats And Raises Guidance As Its Contracted Backlog Grows, But Quarterly EBITDA Keeps Slipping (Earnings Whispers)
07:47AM	DT Midstream: Q3 Earnings Snapshot (Associated Press)
07:30AM	DT Midstream Reports Strong Third Quarter 2026 Results; Raises Adjusted EBITDA Guidance (GlobeNewswire)
Oct-21-26 12:09PM	DT Midstream's Flagged Third-Quarter Dip Tests Whether Its Backlog Story Can Revive A Sliding Stock (Earnings Whispers)
Oct-15-26 06:45AM	DT Midstream to Announce Third Quarter 2026 Financial Results, Schedules Earnings Call (GlobeNewswire)
06:24PM	Loading…
Oct-12-26 06:24PM	Does Dynatrace Stock's Valuation Make Sense? (Trefis)
Sep-30-26 07:30AM	DT Midstream Publishes Annual Sustainability Report (GlobeNewswire)
Sep-21-26 07:03AM	DT Midstream Inc's Dividend Analysis (GuruFocus.com)
Aug-26-26 09:41AM	Intuit downgraded, SolarEdge upgraded: Wall Street's top analyst calls (The Fly)
Jul-30-26 05:08PM	DT Midstream Inc (DTM) (Q2 2026) Earnings Call Highlights: Record Haynesville Throughput and ... (GuruFocus.com)
07:47AM	DT Midstream: Q2 Earnings Snapshot (Associated Press)
07:30AM	DT Midstream Reports Strong Second Quarter 2026 Results (GlobeNewswire)
Jul-29-26 09:38AM	Earnings To Watch: DT Midstream Inc (DTM) Q2 2026 -- GF Value Sees 13% Downside (GuruFocus.com)
Jul-16-26 06:45AM	DT Midstream to Announce Second Quarter 2026 Financial Results, Schedules Earnings Call (GlobeNewswire)
Jun-24-26 08:55AM	NYSE Content Update: Abridge Partners with Eli Lilly, Nvidia to Improve Healthcare (PR Newswire)
07:30AM	Loading…
Apr-30-26 07:30AM	DT Midstream Reports Strong First Quarter 2026 Results (GlobeNewswire) +6.63%
07:05AM	DT Midstream: Q1 Earnings Snapshot (Associated Press)
Apr-29-26 09:18AM	DT Midstream Inc (DTM) Q1 2026: Everything You Need To Know Ahead Of Earnings (GuruFocus.com)
Apr-16-26 06:45AM	DT Midstream to Announce First Quarter 2026 Financial Results, Schedules Earnings Call (GlobeNewswire)
Apr-06-26 03:06PM	Target Upgraded, Robinhood Downgraded: Updated Rankings on Top Blue-Chip Stocks (InvestorPlace)
Mar-06-26 03:56AM	Zacks Investment Ideas feature highlights: Texas Pacific Land, DT Midstream and CMS Energy (Zacks)
03:35AM	DT Midstream (DTM) Reports $1.138B FY2025 Adjusted EBITDA and 17% YoY Growth (Insider Monkey)
Mar-05-26 03:41PM	Insiders Are Buying These 3 Energy Stocks (Zacks)
Mar-01-26 12:09AM	Citi Raises Price Target on DT Midstream, Inc. (DTM) (Insider Monkey)
Feb-25-26 02:49PM	Is the Options Market Predicting a Spike in DT Midstream Stock? (Zacks)
10:20AM	DT Midstream price target raised to $156 from $130 at Citi (TipRanks)
Feb-20-26 11:00AM	DT Midstream Q4 Earnings Call Highlights (MarketBeat)
Feb-19-26 04:00PM	DT Midstream Inc (DTM) Q4 2025 Earnings Call Highlights: Record EBITDA and Strategic Growth ... (GuruFocus.com)
07:42AM	DT Midstream: Q4 Earnings Snapshot (Associated Press Finance)
07:30AM	DT Midstream Reports Record 2025 Results; Raises Dividend and Increases Project Backlog by 50% (GlobeNewswire)
05:45PM	Loading…
Feb-18-26 05:45PM	Occidental Petroleum (OXY) Q4 Earnings Top Estimates (Zacks)
07:20AM	DT Midstream Inc (DTM) Q4 2025: Everything You Need To Know Ahead Of Earnings (GuruFocus.com)
Feb-16-26 10:00AM	Analysts Estimate Atlas Energy Solutions Inc. (AESI) to Report a Decline in Earnings: What to Look Out for (Zacks)
Feb-12-26 04:30PM	DT Midstream Sets 2026 Annual Meeting Date (GlobeNewswire)
10:00AM	DT Midstream (DTM) Earnings Expected to Grow: What to Know Ahead of Next Week's Release (Zacks)
Feb-10-26 03:41PM	DT Midstream Stock Hits Record High, Scores Relative Strength Rating Upgrade (Investor's Business Daily)
Feb-05-26 06:45AM	DT Midstream to Announce Fourth Quarter and Full Year 2025 Financial Results, Schedules Earnings Call (GlobeNewswire)
Jan-29-26 06:45AM	DT Midstream Chief Executive Officer David Slater Elected Executive Chairman of the Board (GlobeNewswire)
Jan-13-26 12:00PM	DT Midstream (DTM) Upgraded to Buy: Here's Why (Zacks)
Dec-01-25 07:54PM	DT Midstream (DTM) Price Target Increased by Morgan Stanley After "Relatively In-Line" Q3 Earnings (Insider Monkey)
Oct-30-25 04:38PM	DT Midstream Inc (DTM) Q3 2025 Earnings Call Highlights: Strong Financial Performance and ... (GuruFocus.com)
07:52AM	DT Midstream: Q3 Earnings Snapshot (Associated Press Finance)
07:30AM	DT Midstream Reports Strong Third Quarter 2025 Results; Raises Adjusted EBITDA Guidance (GlobeNewswire)
Oct-29-25 09:26AM	DT Midstream Inc (DTM) Q3 2025: Everything You Need To Know Ahead Of Earnings (GuruFocus.com)
Oct-23-25 10:00AM	DT Midstream (DTM) Earnings Expected to Grow: What to Know Ahead of Next Week's Release (Zacks)
Oct-16-25 06:45AM	DT Midstream to Announce Third Quarter 2025 Financial Results, Schedules Earnings Call (GlobeNewswire)
Oct-02-25 04:03PM	DT Midstream Announces Successful Guardian Pipeline Expansion Open Season (GlobeNewswire)
Aug-22-25 12:59PM	OXY Stock Outperforms Industry in Three Months: Time to Buy? (Zacks)
Aug-01-25 03:21AM	DT Midstream Inc (DTM) Q2 2025 Earnings Call Highlights: Strategic Growth and Investment Grade ... (GuruFocus.com)
Jul-31-25 04:45PM	DT Midstream (DTM) Q2 Earnings and Revenues Surpass Estimates (Zacks)
03:38PM	DT Midstream: Q2 Earnings Snapshot (Associated Press Finance)
07:30AM	DT Midstream Reports Strong Second Quarter 2025 Results (GlobeNewswire)
Jul-30-25 09:26AM	DT Midstream Inc (DTM) Q2 2025: Everything You Need To Know Ahead Of Earnings (GuruFocus.com)
Jul-24-25 10:00AM	DT Midstream (DTM) Expected to Beat Earnings Estimates: What to Know Ahead of Q2 Release (Zacks)
Jul-17-25 06:45AM	DT Midstream to Announce Second Quarter 2025 Financial Results, Schedules Earnings Call (GlobeNewswire)
Jul-08-25 04:15PM	DT Midstream Achieves Investment Grade Rating with All Three Major Credit Rating Agencies (GlobeNewswire)
Jun-30-25 06:12AM	US energy firms eye new Northeast natgas pipelines, buoyed by Trump and demand outlook (Reuters)
May-20-25 07:00AM	DT Midstream Achieves Investment Grade Credit Rating (GlobeNewswire)
May-07-25 08:00AM	Examining 2024 Midstream/MLP Dividend Coverage (Seeking Alpha)
Apr-30-25 02:18PM	DT Midstream, Inc. (DTM) Q1 2025 Earnings Call Transcript (Seeking Alpha)
07:30AM	DT Midstream Reports Strong First Quarter 2025 Results (GlobeNewswire)
Apr-29-25 08:22PM	Is DT Midstream Inc. (NYSE:DTM) a Small-Cap Energy Stock Hedge Funds Are Buying? (Insider Monkey)
Apr-24-25 05:00PM	Chesapeake Utilities: Good Growth Prospects, But Very Richly Valued (Seeking Alpha)
Apr-23-25 10:01AM	DT Midstream (DTM) Earnings Expected to Grow: Should You Buy? (Zacks)
08:00AM	U.S. LNG Dealmaking Picks Up With Benefits For Midstream (Seeking Alpha)
Apr-17-25 03:41PM	AltaGas: An Interesting Combination Of Midstream And Utility (Seeking Alpha)
Apr-16-25 04:30PM	DT Midstream to Announce First Quarter 2025 Financial Results, Schedules Earnings Call (GlobeNewswire)
08:00AM	Midstream/MLPs 2024 Leverage Ratios On Target (Seeking Alpha)
Apr-15-25 08:00AM	Midstream/MLP Dividends Steady As Markets Swing (Seeking Alpha)
Apr-09-25 10:17PM	Voya Global Equity Dividend And Premium Opportunity Fund Q4 2024 Commentary (Seeking Alpha)
09:38PM	Voya Global Advantage And Premium Opportunity Fund Q4 2024 Commentary (Seeking Alpha)
Mar-27-25 04:39PM	Is DT Midstream (DTM) The Most Expensive Stock Insiders Are Buying In March? (InsiderMonkey)
Mar-26-25 10:21PM	Tracking Leon Cooperman's Omega Advisors Portfolio - Q4 2024 Update (SeekingAlpha)
Feb-26-25 07:30AM	DT Midstream Reports Record 2024 Results; Raises Dividend and 2025 Adjusted EBITDA Guidance (GlobeNewswire)
Feb-24-25 09:11AM	Is the Options Market Predicting a Spike in DT Midstream (DTM) Stock? (Zacks)
Feb-19-25 06:45AM	DT Midstream Sets 2025 Annual Meeting Date (GlobeNewswire)
Feb-12-25 06:45AM	DT Midstream to Announce Fourth Quarter and Full Year 2024 Financial Results, Schedules Earnings Call (GlobeNewswire)
Jan-15-25 04:06PM	AI-Fueled Energy Stock Breaks Out With This Edge Over The Nvidias Of The World (Investor's Business Daily)
10:30AM	AI-Fueled Energy Stock Has This Edge Over The Nvidias Of The World (Investor's Business Daily)
Jan-11-25 08:00AM	S&P 500 Nuclear Giant Jumped 90% In 2024 And Leads These 5 Stocks Near Buy Points (Investor's Business Daily)
Jan-04-25 04:24PM	Why DT Midstream (DTM) Is Skyrocketing (Insider Monkey)
Dec-31-24 09:00AM	ONEOK Closes Sale of Wholly Owned Interstate Natural Gas Pipelines (PR Newswire)
09:00AM	DT Midstream Announces Closing of Midwest Pipeline Acquisition (GlobeNewswire)
Dec-26-24 09:28AM	This Commodity Rallied 67% In 2 Months. These 6 Stocks Are Of Interest. (Investor's Business Daily)
Dec-06-24 04:01PM	DT Midstream Announces Closing of Offering of Senior Secured Notes (GlobeNewswire)
Nov-21-24 04:05PM	DT Midstream Announces Pricing of Offering of Senior Secured Notes (GlobeNewswire) +5.53%
Nov-20-24 09:22AM	DT Midstream Announces Pricing of Upsized Public Offering of Common Stock (GlobeNewswire)
Nov-19-24 07:03PM	CORRECTION - DT Midstream Announces $1.2 Billion Acquisition of Strategic Midwest FERC-Regulated Natural Gas Pipelines (GlobeNewswire)
05:26PM	DT Midstream Announces Proposed Public Offering of Common Stock (GlobeNewswire)
04:10PM	ONEOK Announces Agreement to Sell Wholly Owned Interstate Natural Gas Pipelines to DT Midstream (PR Newswire)
04:01PM	DT Midstream Announces $1.2 Billion Acquisition of Strategic Midwest FERC-Regulated Natural Gas Pipelines (GlobeNewswire)
Oct-30-24 07:19AM	DT Midstream Reports Strong Q3 and Future Plans (TipRanks)
Oct-29-24 07:30AM	DT Midstream Reports Strong Third Quarter 2024 Results; Raises Adjusted EBITDA Guidance (GlobeNewswire)
Oct-22-24 10:01AM	DT Midstream (DTM) Reports Next Week: Wall Street Expects Earnings Growth (Zacks)
Oct-15-24 06:45AM	DT Midstream to Announce Third Quarter 2024 Financial Results, Schedules Earnings Call (GlobeNewswire)
Jul-30-24 07:30AM	DT Midstream Reports Strong Second Quarter 2024 Results (GlobeNewswire)
Jul-24-24 09:15AM	DT Midstream, Inc. (DTM) Hit a 52 Week High, Can the Run Continue? (Zacks)
Jul-23-24 10:00AM	DT Midstream (DTM) Reports Next Week: What to Expect (Zacks)
Jul-16-24 06:45AM	DT Midstream to Announce Second Quarter 2024 Financial Results, Schedules Earnings Call (GlobeNewswire)
Jun-10-24 08:26AM	Is DT Midstream Inc (NYSE:DTM) the Best Gas Dividend Stock to Buy in 2024? (Insider Monkey)

Show Previous News

Insider Trading	Relationship	Date	Transaction	Cost	#Shares	Value ($)	#Shares Total	SEC Form 4
Pickle Elaine M	Director	Aug 07 '26	Buy	132.61	1,500	198,915	5,808	Aug 10 04:05 PM
Jewell Jeffrey A	Executive V.P., CFO	Aug 05 '26	Buy	133.78	145	19,398	89,877	Aug 05 04:05 PM
Jewell Jeffrey A	Executive V.P., CFO	May 15 '26	Buy	147.73	150	22,160	89,732	May 15 04:25 PM
Tumminello Peter I	Director	Feb 26 '26	Sale	135.79	2,002	271,852	11,386	Feb 27 04:09 PM
Tumminello Peter I	Director	Feb 26 '26	Proposed Sale	136.37	2,002	273,012		Feb 26 03:35 PM
Jewell Jeffrey A	Executive V.P., CFO	Feb 25 '26	Buy	136.33	185	25,221	89,583	Feb 25 04:23 PM

DT Midstream, Inc. engages in the operation and development of natural gas midstream interstate and intrastate pipelines, storage and gathering systems, and compression, treatment and surface facilities. It operates through the Pipeline and Gathering segments. The Pipeline segment includes interstate pipelines, intrastate pipelines, storage systems, lateral pipelines including related treatment plants and compression and surface facilities. The Gatherings segment focuses on the gathering systems, related treatment plants, and compression and surface facilities. The company was founded on November 20, 2007 and is headquartered in Detroit, MI.

CEO & Executive ChairmanMr. David J. Slater

COO & PresidentMr. Christopher Zona

Executive VP & CFOMr. Jeffrey A. Jewell

Executive VPMs. Wendy A.T. Ellis

Independent DirectorMr. Robert C. Skaggs Jr.

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DTM

DT Midstream Inc

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