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Energy - Oil & Gas Midstream - NYSE - US
$ 88.63
1.6 %
$ 8.98 B
Market Cap
24.62
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one DTM stock under the worst case scenario is HIDDEN Compared to the current market price of 88.6 USD, DT Midstream, Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one DTM stock under the base case scenario is HIDDEN Compared to the current market price of 88.6 USD, DT Midstream, Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one DTM stock under the best case scenario is HIDDEN Compared to the current market price of 88.6 USD, DT Midstream, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart DTM

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$115.0$115.0$110.0$110.0$105.0$105.0$100.0$100.0$95.0$95.0$90.0$90.0$85.0$85.0$80.0$80.015 Oct15 OctNov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '25
FINANCIALS
981 M REVENUE
6.40%
489 M OPERATING INCOME
4.71%
367 M NET INCOME
-4.43%
763 M OPERATING CASH FLOW
-4.39%
-1.08 B INVESTING CASH FLOW
-207.98%
330 M FINANCING CASH FLOW
173.01%
249 M REVENUE
0.40%
113 M OPERATING INCOME
-7.38%
76 M NET INCOME
-13.64%
152 M OPERATING CASH FLOW
-25.85%
-1.28 B INVESTING CASH FLOW
-371.10%
1.12 B FINANCING CASH FLOW
305.30%
Balance Sheet DT Midstream, Inc.
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Current Assets 310 M
Cash & Short-Term Investments 68 M
Receivables 180 M
Other Current Assets 62 M
Non-Current Assets 9.62 B
Long-Term Investments 1.3 B
PP&E 5.58 B
Other Non-Current Assets 2.75 B
13.05 %56.12 %27.70 %Total Assets$9.9b
Current Liabilities 321 M
Accounts Payable 77 M
Short-Term Debt 202 M
Other Current Liabilities 42 M
Non-Current Liabilities 4.85 B
Long-Term Debt 36 M
Other Non-Current Liabilities 4.81 B
3.91 %93.09 %Total Liabilities$5.2b
EFFICIENCY
Earnings Waterfall DT Midstream, Inc.
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Revenue 981 M
Cost Of Revenue 244 M
Gross Profit 737 M
Operating Expenses 248 M
Operating Income 489 M
Other Expenses 122 M
Net Income 367 M
1b1b900m900m800m800m700m700m600m600m500m500m400m400m300m300m200m200m100m100m00981m(244m)737m(248m)489m(122m)367mRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
75.13% GROSS MARGIN
75.13%
49.85% OPERATING MARGIN
49.85%
36.09% NET MARGIN
36.09%
7.65% ROE
7.65%
3.56% ROA
3.56%
3.63% ROIC
3.63%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis DT Midstream, Inc.
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800m800m700m700m600m600m500m500m400m400m300m300m200m200m100m100m0020192019202020202021202120222022202320232024202420252025
Net Income 367 M
Depreciation & Amortization 227 M
Capital Expenditures 0
Stock-Based Compensation 23 M
Change in Working Capital 22 M
Others 4 M
Free Cash Flow 763 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets DT Midstream, Inc.
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Wall Street analysts predict an average 1-year price target for DTM of $84.2 , with forecasts ranging from a low of $72 to a high of $110 .
DTM Lowest Price Target Wall Street Target
72 USD -18.76%
DTM Average Price Target Wall Street Target
84.2 USD -5.04%
DTM Highest Price Target Wall Street Target
110 USD 24.11%
Price
Max Price Target
Min Price Target
Average Price Target
12012011011010010090908080707060605050May '24May '24Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26
4. DIVIDEND ANALYSIS
0.73% DIVIDEND YIELD
0.82 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
3.0003.0002.5002.5002.0002.0001.5001.5001.0001.0000.5000.5000.0000.0000.640.690.7350.820.640.690.7350.60.640.690.7350.62.480.642.660.692.850.7352.290.002021202120222022202320232024202420252025
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5. COMPETITION
slide 2 of 8
6. Ownership
Insider Ownership DT Midstream, Inc.
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Sold
0-3 MONTHS
1.75 M USD 1
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
103 K USD 2
0-3 MONTHS
7.98 USD 1
3-6 MONTHS
21.2 K USD 3
6-9 MONTHS
31.4 K USD 3
9-12 MONTHS
7. News
DT Midstream Guidance Prompts 5% Price Forecast Cut By Analyst J.P. Morgan analyst Jeremy Tonet reduced the price forecast for DT Midstream, Inc. DTM from $115.00 to $109.00 while keeping a Neutral rating. benzinga.com - 3 weeks ago
DT Midstream: Shares Enter Bear Territory, Creating A Better Buying Opportunity DT Midstream has shown impressive growth in their business and that has led to solid total returns, outpacing the S&P 500. More recently, though, shares have been on the decline and entered into bear territory with a 23% from its 52-week high. Valuation comparisons with peers like Enbridge and Hess Midstream indicate DTM's valuation isn't stretched, given its strong growth prospects and now that shares have dropped. seekingalpha.com - 1 month ago
DT Midstream: Much More Compelling Now That The Bubble Has Popped (Rating Upgrade) The market has grown frustrated with the slower than expected deployment of AI related infrastructure. As a result, DTM's stock has corrected from unsustainable levels. As a result of the sell off, DTM has now returned to its historical valuation based on 2025 growth expectations. I still believe in both the AI and LNG export growth theses, causing DTM's stock to be attractive following the correction. seekingalpha.com - 1 month ago
DT Midstream, Inc. (DTM) Q4 2024 Earnings Call Transcript DT Midstream, Inc. (DTM) Q4 2024 Earnings Call Transcript seekingalpha.com - 1 month ago
DT Midstream Reports Record 2024 Results; Raises Dividend and 2025 Adjusted EBITDA Guidance Full year 2024 Adjusted EBITDA of $969 million Increased dividend by 12% Increased 2025 Adjusted EBITDA guidance Announced new agreements to serve utility-scale power generation projects DETROIT, Feb. 26, 2025 (GLOBE NEWSWIRE) -- DT Midstream, Inc. (NYSE: DTM) today announced fourth quarter 2024 reported net income of $73 million, or $0.73 per diluted share. For the fourth quarter of 2024, Operating Earnings were $94 million, or $0.94 per diluted share. globenewswire.com - 1 month ago
Is the Options Market Predicting a Spike in DT Midstream (DTM) Stock? Investors need to pay close attention to DT Midstream (DTM) stock based on the movements in the options market lately. zacks.com - 1 month ago
DT Midstream Sets 2025 Annual Meeting Date DETROIT, Feb. 19, 2025 (GLOBE NEWSWIRE) -- DT Midstream, Inc. (NYSE: DTM) announced that its 2025 Annual Meeting of Stockholders will be Tuesday, May 6. Stockholders of record at the close of business Wednesday, March 12, 2025, are eligible to vote at the meeting. globenewswire.com - 1 month ago
DT Midstream to Announce Fourth Quarter and Full Year 2024 Financial Results, Schedules Earnings Call DETROIT, Feb. 12, 2025 (GLOBE NEWSWIRE) -- DT Midstream, Inc. (NYSE: DTM) plans to announce fourth quarter and full year 2024 financial results before the market opens on Wednesday, February 26, 2025. globenewswire.com - 2 months ago
S&P 500 Nuclear Giant Jumped 90% In 2024 And Leads These 5 Stocks Near Buy Points Constellation Energy, American Express and Howmet Aerospace are S&P 500 stocks to keep tabs on, despite a rough market. The post S&P 500 Nuclear Giant Jumped 90% In 2024 And Leads These 5 Stocks Near Buy Points appeared first on Investor's Business Daily. investors.com - 3 months ago
ONEOK Closes Sale of Wholly Owned Interstate Natural Gas Pipelines Guardian, Midwestern and Viking Gas Transmission Pipelines Sold to DT Midstream for $1.2 Billion TULSA, Okla. , Dec. 31, 2024 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) today announced that it has closed the sale of its three wholly owned interstate natural gas pipeline systems to DT Midstream, Inc. (NYSE: DTM), effective as of 11:59 p.m. prnewswire.com - 3 months ago
DT Midstream Announces Closing of Midwest Pipeline Acquisition DETROIT, Dec. 31, 2024 (GLOBE NEWSWIRE) -- DT Midstream, Inc. (NYSE: DTM) today announced that it has successfully closed on the acquisition of a portfolio of three FERC-regulated natural gas transmission pipelines from ONEOK, Inc. (NYSE: OKE), effective as of 11:59 p.m. CT on Dec. 31, 2024, for a total cash consideration of $1.2 billion. globenewswire.com - 3 months ago
Stifel Sees Opportunity In DT Midstream Pullback: Upgrades Rating On Diversified Growth Potential Stifel analyst Selman Akyol upgraded DT Midstream, Inc. DTM to Buy from Hold and raised the price target to $106 from $89. benzinga.com - 4 months ago
8. Profile Summary

DT Midstream, Inc. DTM

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COUNTRY US
INDUSTRY Oil & Gas Midstream
MARKET CAP $ 8.98 B
Dividend Yield 0.73%
Description 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 for delivery to plants for processing, to gathering pipelines for gathering, or to pipelines for transportation, as well as offers compression, dehydration, gas treatment, water impoundment, water storage, water transportation, and sand mining services. It serves natural gas producers, local distribution companies, electric power generators, industrials, and national marketers. The company was incorporated in 2021 and is headquartered in Detroit, Michigan.
Contact 500 Woodward Avenue, Detroit, MI, 48226-1279 https://www.dtmidstream.com
IPO Date July 1, 2021
Employees 556
Officers Ms. Wendy A.T. Ellis Executive Vice President, General Counsel & Corporate Secretary Mr. Todd Lohrmann Director of Investor Relations Ms. Melissa Cox Executive Vice President & Chief Administrative Officer Mr. David J. Slater President, Chief Executive Officer & Director Mr. Robert C. Skaggs Jr. Chairman Mr. Jeffrey A. Jewell Executive Vice President, Chief Financial Officer & Chief Accounting Officer Mr. Christopher Zona Executive Vice President & Chief Operating Officer