Explore 3 Stock Ideas & Industry Insights Download Free Report

DT Midstream Inc

Company price
115.74 USD 2.08 ( 1.83%)
Last update at 2026-11-09T17:49:00Z
VOLUME
349708
Market Cap
13481.17M
P/E
30.80

Momentum Score

…

DT Midstream, Inc., together with its subsidiaries, provides integrated natural gas services in the United States. The company operates in 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. This segment also engages in the transportation and storage of natural gas for intermediate and end-user customers. The Gathering segment owns and operates gas gathering systems. This segment is involved in the collection of natural gas for delivery to plants for treating, to gathering pipelines for further gathering, or to pipelines for transportation; and associated ancillary services, including compression, dehydration, gas treatment, water impoundment, water transportation, water disposal, and sand mining. 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.

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Day Price Range
113.50
Low
116.33
High
52 Week Price Range
91.49
Low
142.75
High

Momentum Score

…
Loading momentum score…

A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

DT Midstream Inc is a publicly traded U.S. midstream company that owns and operates pipelines and terminals that move and store oil and petroleum products. Its long-term growth drivers include contracted fee-based volumes, regional production trends that could increase throughput, and scope to add or extend capacity through organic projects, which may support stable cash flow and distributions.

Material risks include throughput sensitivity to commodity prices and production levels, regulatory and environmental compliance costs, high capital intensity and leverage that could limit financial flexibility, and competition for projects.

Risk Score
Medium

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
113.66
Dividend Yield
2.44%
Revenue TTM
1243.00M
Revenue Per Share
12.23
Gross Profit TTM
937.00M
Debt / Equity
0.72
ROE
9.42%
Net Debt
3350.00M
ROCE
7.55%
Diluted EPS TTM
4.29

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax 598.00M 504.00M 500.00M 482.00M 422.00M
Minority interest -13.00M -13.00M -12.00M 12.00M 11.00M
Net income 441.00M 354.00M 384.00M 370.00M 307.00M
Selling general administrative 65.00M 63.00M 51.00M 295.00M 255.00M
Gross profit 914.00M 528.00M 495.00M 653.00M 609.00M
Reconciled depreciation 275.00M 227.00M 196.00M 189.00M 184.00M
Ebit 759.00M 657.00M 650.00M 478.00M 551.00M
Ebitda 1034.00M 884.00M 850.00M 785.00M 735.00M
Depreciation and amortization 275.00M 227.00M 200.00M 307.00M 184.00M
Non operating income net other - - - 141.00M 132.00M
Operating income 614.00M 489.00M 467.00M 478.00M 551.00M
Other operating expenses 629.00M 492.00M 455.00M 465.00M 421.00M
Interest expense 161.00M 153.00M 150.00M 137.00M 112.00M
Tax provision 144.00M 137.00M 137.00M 100.00M 104.00M
Interest income 21.00M 7.00M 2.00M 3.00M 18.00M
Net interest income -159.00M -151.00M -147.00M -147.00M -108.00M
Non recurring - - - -23.00M 17.00M
Income tax expense 144.00M 137.00M 104.00M 100.00M 104.00M
Total revenue 1243.00M 981.00M 922.00M 920.00M 840.00M
Total operating expenses 300.00M 39.00M 28.00M 465.00M 421.00M
Cost of revenue 329.00M 453.00M 427.00M 267.00M 231.00M
Total other income expense net -16.00M 15.00M 33.00M 4.00M -129.00M
Net income from continuing ops 454.00M 367.00M 360.00M 382.00M 318.00M
Net income applicable to common shares 441.00M 354.00M 384.00M 370.00M 307.00M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 10351.00M 9935.00M 8982.00M 8833.00M 8166.00M
Intangible assets 1862.00M 1921.00M 1968.00M 2025.00M 2082.00M
Other current assets 76.00M 62.00M 47.00M 18.00M 25.00M
Total liab 5473.00M 5169.00M 4702.00M 4679.00M 4145.00M
Total stockholder equity 4736.00M 4627.00M 4139.00M 4007.00M 3872.00M
Other current liab 167.00M 123.00M 110.00M -774.00M 47.00M
Common stock 1.00M 1.00M 1.00M 1.00M 1.00M
Capital stock 1.00M 1.00M 1.00M 1.00M 1.00M
Retained earnings 827.00M 723.00M 661.00M 547.00M 431.00M
Other liab - - - 987.00M 911.00M
Good will 781.00M 776.00M 473.00M 473.00M 473.00M
Other assets - 1297.00M - 32.00M 34.00M
Cash 54.00M 68.00M 56.00M 61.00M 132.00M
Total current liabilities 296.00M 426.00M 434.00M 614.00M 177.00M
Current deferred revenue - 18.00M 18.00M 923.00M 82.00M
Net debt 3350.00M 3453.00M 3214.00M 3363.00M 2951.00M
Short term debt 16.00M 166.00M 178.00M 346.00M 26.00M
Short long term debt - 150.00M 165.00M 330.00M 10.00M
Short long term debt total 3404.00M 3521.00M 3270.00M 3424.00M 3083.00M
Other stockholder equity 3915.00M 3911.00M 3485.00M 3469.00M 3450.00M
Property plant equipment - - - 3806.00M 3490.00M
Total current assets 318.00M 310.00M 272.00M 262.00M 360.00M
Long term investments 1253.00M 1297.00M 1762.00M 2200.00M 1691.00M
Net tangible assets - - - 4007.00M 3872.00M
Short term investments - - - - 1691.00M
Net receivables 188.00M 180.00M 169.00M 161.00M 178.00M
Long term debt 3324.00M 3319.00M 3065.00M 3059.00M 3036.00M
Inventory - - - 22.00M 25.00M
Accounts payable 65.00M 77.00M 94.00M 119.00M 22.00M
Noncontrolling interest in consolidated entity - - - 147.00M 149.00M
Accumulated other comprehensive income -7.00M -8.00M -8.00M -10.00M -10.00M
Common stock total equity - - - 1.00M 1.00M
Retained earnings total equity - - - 547.00M 431.00M
Non currrent assets other 6133.00M 55.00M 35.00M -34.00M 32.00M
Non current assets total 10033.00M 9625.00M 8710.00M 8571.00M 7806.00M
Capital lease obligations 48.00M 52.00M 40.00M 35.00M 37.00M
Long term debt total - - - 3059.00M 3036.00M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments - -1081.00M -927.00M 34.00M -2.00M
Change to liabilities - - - 7.00M -6.00M
Total cashflows from investing activities -414.00M -1081.00M -351.00M -854.00M 123.00M
Net borrowings -150.00M 230.00M -165.00M 322.00M 3035.00M
Total cash from financing activities -516.00M 330.00M -452.00M 58.00M -605.00M
Change to operating activities - - - 25.00M -5.00M
Net income 441.00M 367.00M 384.00M 382.00M 318.00M
Change in cash -14.00M 12.00M -5.00M -71.00M 90.00M
Begin period cash flow 68.00M 56.00M 61.00M 132.00M 42.00M
End period cash flow 54.00M 68.00M 56.00M 61.00M 132.00M
Total cash from operating activities 916.00M 763.00M 798.00M 725.00M 572.00M
Issuance of capital stock 0.00M 406.00M 0.00M - -
Depreciation 275.00M 227.00M 200.00M 189.00M 184.00M
Other cashflows from investing activities -372.00M 117.00M 421.00M -550.00M 265.00M
Dividends paid 324.00M 280.00M 263.00M 244.00M 559.00M
Change to account receivables -24.00M 11.00M 7.00M 8.00M -43.00M
Sale purchase of stock 0.00M 406.00M 0.00M -3.00M 110.00M
Other cashflows from financing activities -42.00M -26.00M -24.00M 941.00M 3159.00M
Change to netincome - - - 131.00M 124.00M
Capital expenditures 426.00M 350.00M 772.00M 338.00M 140.00M
Change receivables - - - 8.00M -43.00M
Cash flows other operating - - - 27.00M 13.00M
Cash and cash equivalents changes - - - -71.00M 90.00M
Change in working capital -25.00M 22.00M 53.00M 40.00M -54.00M
Stock based compensation 26.00M 23.00M 20.00M 17.00M 3.00M
Other non cash items 88.00M 4.00M 31.00M 27.00M 17.00M
Free cash flow 490.00M 413.00M 26.00M 387.00M 432.00M

Peer Comparison*

Sector: Energy Industry: Oil & Gas Midstream

Stock Name
Change
(USD)
Price
(USD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
DTM
DT Midstream Inc
2.08
1.83%
115.74 30.80 26.04 10.85 2.85 13.52 16.25
EBBNF
Enbridge Inc
0.06
0.24%
25.00 11.23 - 1.48 - - -
EPD
Enterprise Products Partners LP
-0.08
0.22%
36.95 13.38 12.24 1.43 2.76 2.01 11.37
ENB
Enbridge Inc
0.74
1.58%
47.63 32.07 17.33 1.67 1.73 2.98 10.28
ET
Energy Transfer LP
0.18
0.95%
19.10 14.71 12.67 0.68 2.09 1.33 8.25

Profile*

DT Midstream Inc

DT Midstream, Inc., together with its subsidiaries, provides integrated natural gas services in the United States. The company operates in 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. This segment also engages in the transportation and storage of natural gas for intermediate and end-user customers. The Gathering segment owns and operates gas gathering systems. This segment is involved in the collection of natural gas for delivery to plants for treating, to gathering pipelines for further gathering, or to pipelines for transportation; and associated ancillary services, including compression, dehydration, gas treatment, water impoundment, water transportation, water disposal, and sand mining. 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.

500 Woodward Avenue, Detroit, MI, United States, 48226-1279

313 774 3174

588

Name Title Year Born
Mr. Robert C. Skaggs Jr. Exec. Chairman 1954
Mr. David J. Slater Pres, CEO & Director 1967
Mr. Jeffrey A. Jewell Exec. VP, CFO & Chief Accounting Officer 1967
Mr. Christopher Zona Exec. VP & COO 1973
Ms. Wendy A.T. Ellis Exec. VP, Gen. Counsel & Corp. Sec. 1966
Ms. Melissa Cox Sr. VP of Admin. NA
Todd Lohrmann Director of Investor Relations NA
Mr. David J. Slater CEO & Executive Chairman 1967
Mr. Christopher Zona COO & President 1973
Mr. Jeffrey A. Jewell Executive VP & CFO 1967

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

Support

Hi! How can we help you today?

Loading…