DT Midstream (DTM) Stock Price, News & Analysis

Company Overview

DT Midstream Inc. (NYSE: DTM) is a Delaware Basin–focused midstream energy company providing gathering, processing, and water handling services for natural gas and natural gas liquids (NGLs). Established through a 2022 conversion from a master limited partnership, the company traces its roots to a spin-off from Noble Energy and has since expanded its asset base to support growing production in one of North America’s most active shale plays.

The company’s asset portfolio includes an extensive network of high-pressure gas gathering pipelines, cryogenic gas processing plants capable of treating raw gas streams, and dehydration and compression facilities designed to ensure clean, market-specification sales gas. DT Midstream also operates saltwater disposal systems and produced-water pipelines to help upstream customers manage fluid volumes and reduce trucking costs. In addition, the company provides fee-based NGL fractionation and storage services, connecting basin volumes to Gulf Coast market hubs.

DT Midstream’s operations are concentrated across the Delaware Basin in West Texas and southeastern New Mexico, enabling direct access to key takeaway pipelines and NGL fractionators. The company’s midstream infrastructure supports a diverse customer base comprised of independent and large-cap exploration and production firms. By strategically expanding its footprint through organic projects and bolt-on acquisitions, DT Midstream aims to enhance throughput capacity and deliver reliable service to producers as regional activity continues to grow.

Leadership at DT Midstream brings decades of industry experience in midstream operations, project development, and commercial marketing. The executive team focuses on disciplined capital allocation, operational efficiency, and safety, with an emphasis on environmental stewardship and regulatory compliance. Through a combination of technical expertise and local market knowledge, DT Midstream seeks to position itself as a premier service provider in the rapidly evolving Permian Basin midstream landscape.

Key Stats

• Today's Range: $104.70 to $106.50
• 50-Day Range: $97.42 to $110.00
• 52-Week Range: $68.88 to $114.50
• Volume: 451,802 shs
• Average Volume: 906,559 shs
• Market Capitalization: $10.76 billion
• P/E Ratio: 28.87
• Dividend Yield: 3.10%
• Price Target: $109.27
• Consensus Rating: Hold

DT Midstream Stock Analysis - MarketRank™

DT Midstream scored higher than 61% of companies evaluated by MarketBeat, and ranked 433rd out of 804 stocks in the energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.2 / 5
• Analyst Rating: Hold

Consensus Rating

DT Midstream has received a consensus rating of Hold. The company's average rating score is 2.36, and is based on 6 buy ratings, 3 hold ratings, and 2 sell ratings.

Amount of Analyst Coverage

DT Midstream has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 16.58%

Earnings Growth

Earnings for DT Midstream are expected to grow by 16.58% in the coming year, from $3.80 to $4.43 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of DT Midstream is 27.26, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 25.54.

Price to Earnings Ratio vs. Sector

The P/E ratio of DT Midstream is 27.26, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 56.89.

Price to Earnings Growth Ratio

DT Midstream has a PEG Ratio of 1.69. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

DT Midstream has a P/B Ratio of 2.16. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.51% of the float of DT Midstream has been sold short.

Short Interest Ratio / Days to Cover

DT Midstream has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in DT Midstream has recently increased by 1.14%, indicating that investor sentiment is decreasing.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

DT Midstream pays a meaningful dividend of 3.10%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

DT Midstream has only been increasing its dividend for 2 years.

Dividend Coverage

The dividend payout ratio of DT Midstream is 89.37%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, DT Midstream will have a dividend payout ratio of 74.04% next year. This indicates that DT Midstream will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

3.51% of the float of DT Midstream has been sold short.

Short Interest Ratio / Days to Cover

DT Midstream has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in DT Midstream has recently increased by 1.14%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 1.40

News Sentiment

DT Midstream has a news sentiment score of 1.40. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.72 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for DT Midstream this week, compared to 8 articles on an average week.

Search Interest

5 people have searched for DTM on MarketBeat in the last 30 days. This is an increase of 150% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, DT Midstream insiders have bought more of their company's stock than they have sold. Specifically, they have bought $6,510.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

Only 0.34% of the stock of DT Midstream is held by insiders.

Percentage Held by Institutions

81.53% of the stock of DT Midstream is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

DTM Stock Analysis - Frequently Asked Questions

How have DTM shares performed this year?

DT Midstream's stock was trading at $99.43 at the beginning of the year. Since then, DTM stock has increased by 6.5% and is now trading at $105.94.

How were DT Midstream's earnings last quarter?

DT Midstream, Inc. (NYSE:DTM) released its quarterly earnings results on Wednesday, April, 30th. The company reported $1.06 earnings per share for the quarter, missing the consensus estimate of $1.07 by $0.01. The company had revenue of $288.81 million for the quarter, compared to analyst estimates of $285.48 million. DT Midstream had a trailing twelve-month return on equity of 8.46% and a net margin of 34.96%.
Read the conference call transcript.

How do I buy shares of DT Midstream?

Shares of DTM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of DT Midstream own?

Based on aggregate information from My MarketBeat watchlists, some other companies that DT Midstream investors own include American Water Works (AWK), Waste Connections (WCN), DiamondRock Hospitality (DRH), The RMR Group (RMR), AU Optronics (AUOTY), iShares Micro-Cap ETF (IWC) and Triple Flag Precious Metals (TFPM).

Company Calendar

• Record date for 4/15 Dividend: 3/17/2025
• Ex-Dividend for 4/15 Dividend: 3/17/2025
• Dividend Payable: 4/15/2025
• Last Earnings: 4/30/2025
• Record date for 7/15 Dividend: 6/16/2025
• Ex-Dividend for 7/15 Dividend: 6/16/2025
• Today: 7/03/2025
• Dividend Payable: 7/15/2025
• Next Earnings (Estimated): 7/29/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Energy
• Industry: OIL - US INTEGRTD
• Sub-Industry: Utilities
• Current Symbol: NYSE:DTM
• CIK: 1842022
• Web: www.dtmidstream.com
• Phone: 313-402-8532
• Fax: N/A
• Employees: 360
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $109.27
• High Stock Price Target: $115.00
• Low Stock Price Target: $94.00
• Potential Upside/Downside: +3.1%
• Consensus Rating: Hold
• Rating Score (0-4): 2.36
• Research Coverage: 11 Analysts

Profitability

• EPS (Trailing Twelve Months): $3.67
• Trailing P/E Ratio: 28.87
• Forward P/E Ratio: 27.88
• P/E Growth: 1.67
• Net Income: $354 million
• Net Margins: 34.96%
• Pretax Margin: 49.71%
• Return on Equity: 8.46%
• Return on Assets: 4.12%

Debt

• Debt-to-Equity Ratio: 0.69
• Current Ratio: 0.82
• Quick Ratio: 0.82

Sales & Book Value

• Annual Sales: $981 million
• Price / Sales: 10.97
• Cash Flow: $6.25 per share
• Price / Cash Flow: 16.94
• Book Value: $49.06 per share
• Price / Book: 2.16

Miscellaneous

• Outstanding Shares: 101,590,000
• Free Float: 101,246,000
• Market Cap: $10.76 billion
• Optionable: Not Optionable
• Beta: 0.78