(DTM) DT Midstream - Overview
Sector: Energy | Industry: Oil & Gas Midstream | Exchange: NYSE (USA) | Market Cap: 15.322m USD | Total Return: 52.3% in 12m
Natural Gas Pipelines, Gas Storage, Gathering Systems, Compression Services
Total Rating 65
Safety 71
Buy Signal 0.82
Oil & Gas Midstream
Industry Rotation: +28.2
Industry Rotation: +28.2
Market Cap:
15.3B
Avg Turnover: 97.5M
Avg Turnover: 97.5M
Risk 3d forecast
Volatility22.0%
VaR 5th Pctl3.74%
VaR vs Median3.18%
Reward TTM
Sharpe Ratio1.82
Rel. Str. IBD79
Rel. Str. Peer Group53
Character TTM
Beta0.515
Beta Downside0.401
Hurst Exponent0.533
Drawdowns 3y
Max DD23.56%
CAGR/Max DD2.29
CAGR/Mean DD13.75
EPS (Earnings per Share)
EPS CAGR: 5.65%
EPS Trend: 74.5%
EPS Trend: 74.5%
Last SUE: 1.67
Qual. Beats: 1
Qual. Beats: 1
Revenue
Rev. CAGR: 13.47%
Rev. Trend: 94.7%
Rev. Trend: 94.7%
Last SUE: 2.54
Qual. Beats: 1
Qual. Beats: 1
Warnings
Altman Z'' 1.00 < 1.0 - financial distress zone
Tailwinds
No distinct edge detected
Description: DTM DT Midstream
DT Midstream, Inc. (DTM) is an energy infrastructure provider specializing in integrated natural gas services across the United States. The company operates through two primary segments: Pipeline and Gathering. The Pipeline segment manages interstate and intrastate transportation and storage systems, while the Gathering segment focuses on the collection, compression, and treatment of natural gas from the wellhead to major transmission lines.
The midstream sector typically functions under a fee-based business model, which aims to provide steady cash flows by reducing direct exposure to commodity price volatility. As a provider of essential ancillary services like dehydration and water management, DT Midstream supports the operational needs of producers, electric power generators, and industrial end-users. For a deeper look into the companys valuation metrics and financial health, you may want to explore the data on ValueRay.
Headquartered in Detroit, Michigan, DT Midstream was incorporated in 2021 following its spin-off from DTE Energy. The company strategically positions its assets near high-demand regions and major shale basins to facilitate the domestic distribution and storage of natural gas.
- Natural gas production volumes in Haynesville and Marcellus basins drive gathering revenue
- Expansion of LEAP pipeline capacity increases long-term fee-based transport income
- Natural gas price volatility impacts producer drilling activity and throughput volumes
- Federal and state regulatory shifts affect pipeline permitting and infrastructure timelines
- Shift toward LNG export demand along Gulf Coast boosts pipeline utilization rates
Piotroski VR‑10 (Strict)
5.5
| Net Income: 463.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.07 > 0.02 and ΔFCF/TA 2.05 > 1.0 |
| NWC/Revenue: 6.50% < 20% (prev -6.61%; Δ 13.11% < -1%) |
| CFO/TA 0.09 > 3% & CFO 945.0m > Net Income 463.0m |
| Net Debt (3.27b) to EBITDA (1.02b): 3.21 < 3 |
| Current Ratio: 1.26 > 1.5 & < 3 |
| Outstanding Shares: last quarter (102.7m) vs 12m ago 0.20% < -2% |
| Gross Margin: 58.07% > 18% (prev 0.53%; Δ 5.75k% > 0.5%) |
| Asset Turnover: 12.70% > 50% (prev 10.51%; Δ 2.19% > 0%) |
| Interest Coverage Ratio: 4.60 > 6 (EBITDA TTM 1.02b / Interest Expense TTM 161.0m) |
Altman Z''
1.00
| A: 0.01 (Total Current Assets 404.0m - Total Current Liabilities 321.0m) / Total Assets 10.15b |
| B: 0.09 (Retained Earnings 867.0m / Total Assets 10.15b) |
| C: 0.07 (EBIT TTM 740.0m / Avg Total Assets 10.04b) |
| D: 0.16 (Book Value of Equity 861.0m / Total Liabilities 5.26b) |
| Altman-Z'' = 1.00 = BB |
Beneish M
-3.08
| DSRI: 0.93 (Receivables 190.0m/168.0m, Revenue 1.28b/1.04b) |
| GMI: 0.91 (GM 58.07% / 53.07%) |
| AQI: 0.95 (AQ_t 0.39 / AQ_t-1 0.41) |
| SGI: 1.22 (Revenue 1.28b / 1.04b) |
| TATA: -0.05 (NI 463.0m - CFO 945.0m) / TA 10.15b) |
| Beneish M = -3.08 (Cap -4..+1) = AA |
What is the price of DTM shares?
As of May 23, 2026, the stock is trading at USD 149.22 with a total of 429,856 shares traded.
Over the past week, the price has changed by +2.05%, over one month by +14.78%, over three months by +10.28% and over the past year by +52.33%.
Over the past week, the price has changed by +2.05%, over one month by +14.78%, over three months by +10.28% and over the past year by +52.33%.
Is DTM a buy, sell or hold?
DT Midstream has received a consensus analysts rating of 3.67.
Therefor, it is recommend to hold DTM.
- StrongBuy: 6
- Buy: 1
- Hold: 6
- Sell: 1
- StrongSell: 1
What are the forecasts/targets for the DTM price?
| Analysts Target Price | 151.7 | 1.7% |
DT Midstream (DTM) - Fundamental Data Overview
as of 21 May 2026
P/E Trailing = 33.3016 P/E Forward = 26.0417
P/S = 12.0074
P/B = 3.2235
Revenue TTM = 1.28b USD
EBIT TTM = 740.0m USD
EBITDA TTM = 1.02b USD
Long Term Debt = 3.33b USD (from longTermDebt, last quarter)
Short Term Debt = 17.0m USD (from shortTermDebt, last quarter)
Debt = 3.42b USD (from shortLongTermDebtTotal, last quarter) + Leases 46.0m
Net Debt = 3.27b USD (calculated: Debt 3.42b - CCE 150.0m)
Enterprise Value = 18.59b USD (15.32b + Debt 3.42b - CCE 150.0m)
Interest Coverage Ratio = 4.60 (Ebit TTM 740.0m / Interest Expense TTM 161.0m)
EV/FCF = 27.99x (Enterprise Value 18.59b / FCF TTM 664.0m)
FCF Yield = 3.57% (FCF TTM 664.0m / Enterprise Value 18.59b)
FCF Margin = 52.04% (FCF TTM 664.0m / Revenue TTM 1.28b)
Net Margin = 36.29% (Net Income TTM 463.0m / Revenue TTM 1.28b)
Gross Margin = 58.07% ((Revenue TTM 1.28b - Cost of Revenue TTM 535.0m) / Revenue TTM)
Gross Margin QoQ = 54.17% (prev 51.42%)
Tobins Q-Ratio = 1.83 (Enterprise Value 18.59b / Total Assets 10.15b)
Interest Expense / Debt = 1.17% (Interest Expense 40.0m / Debt 3.42b)
Taxrate = 21.18% (36.0m / 170.0m)
NOPAT = 583.3m (EBIT 740.0m * (1 - 21.18%))
Current Ratio = 1.26 (Total Current Assets 404.0m / Total Current Liabilities 321.0m)
Debt / Equity = 0.72 (Debt 3.42b / totalStockholderEquity, last quarter 4.75b)
Debt / EBITDA = 3.21 (Net Debt 3.27b / EBITDA 1.02b)
Debt / FCF = 4.92 (Net Debt 3.27b / FCF TTM 664.0m)
Total Stockholder Equity = 4.72b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.61% (Net Income 463.0m / Total Assets 10.15b)
RoE = 9.82% (Net Income TTM 463.0m / Total Stockholder Equity 4.72b)
RoCE = 9.20% (EBIT 740.0m / Capital Employed (Equity 4.72b + L.T.Debt 3.33b))
RoIC = 6.01% (NOPAT 583.3m / Invested Capital 9.70b)
WACC = 6.54% (E(15.32b)/V(18.74b) * Re(7.79%) + D(3.42b)/V(18.74b) * Rd(1.17%) * (1-Tc(0.21)))
Discount Rate = 7.79% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.92%
Shares (quarterly) Correlation: 92.01 | Cagr: 2.58%
[DCF] Terminal Value 86.53% ; FCFF base≈576.8m ; Y1≈711.6m ; Y5≈1.21b
[DCF] Fair Price = 259.7 (EV 29.76b - Net Debt 3.27b = Equity 26.49b / Shares 102.0m; r=6.54% [WACC]; 5y FCF grow 25.0% → 3.0% )
EPS Correlation: 74.49 | EPS CAGR: 5.65% | SUE: 1.67 | # QB: 1
Revenue Correlation: 94.73 | Revenue CAGR: 13.47% | SUE: 2.54 | # QB: 1
EPS current Quarter (2026-06-30): EPS=1.13 | Chg30d=+1.13% | Revisions=+14% | Analysts=6
EPS next Quarter (2026-09-30): EPS=1.14 | Chg30d=-1.62% | Revisions=-14% | Analysts=6
EPS current Year (2026-12-31): EPS=4.75 | Chg30d=+1.06% | Revisions=+40% | GrowthEPS=+10.4% | GrowthRev=+9.1%
EPS next Year (2027-12-31): EPS=4.98 | Chg30d=-1.83% | Revisions=-27% | GrowthEPS=+4.9% | GrowthRev=+4.1%
[Analyst] Revisions Ratio: +40%