DT Midstream, Inc.(DTM) Stock Research - Grey Stern Research
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DT Midstream, Inc. (DTM) Stock Analysis

$73.74 (-0.75%)

DTM Financial Performance


Use the table below to view DT Midstream, Inc.'s financial profile. This data is gathers from the latest available financial statements. Annual data is taken from the trailing 12 months of statements. All numbers are reported in US Dollars and so any foreign currencies are converted to USD so comparison's can be done.

Based on Financial Statements from Q1 - 2024

Metric Value Ranking among Peers
Price $74.30 -
52 Week Low $50.54 -
52 Week High $76.01 -
Market Cap $7.2 Billion 7/14
Gross Margin 57% 5/14
Profit Margin 40% 3/14
EBITDA margin 74% 3/14
Q1 - 2024 Revenue $240.0 Million 12/14
Q1 - 2024 Earnings $97.0 Million 7/14
Q1 - 2024 Free Cash Flow $171.0 Million 6/14
Trailing 4 Quarters Revenue $942.0 Million 12/14
Trailing 4 Quarters Earnings $415.0 Million 8/14
Quarterly Earnings Growth 20% 6/14
Annual Earnings Growth 24% 6/14
Quarterly Revenue Growth 9% 4/14
Annual Revenue Growth -1% 7/14
Cash On Hand $41.0 Million 8/14
Short Term Debt $70.0 Million 7/14
Long Term Debt $3.1 Billion 12/14

DT Midstream, Inc. Financial Metrics


Financial metrics are a set of useful numbers that can give key performance indicators of a company. The various metrics can include information about profitability, growth, and debt load. When combined and use properly they can tell an analyst a compelling fact-based story of how the company is currently performing. To compare DT Midstream, Inc.'s metrics versus it's peers make sure to run our peer analysis tool.

Valuation Metrics

Metric Value Ranking among Peers
PE 17.39 2/14
PS 7.66 1/14
PB 1.68 7/14
PC 175.98 6/14
Liabilities to Equity 1.11 13/14
ROA 0.05 5/14
ROE 0.10 9/14
Current Ratio 1.93 3/14
Quick Ratio 0.01 6/14
Long Term Debt to Equity 0.74 13/14
Debt to Equity 0.76 14/14
Burn Rate 0.95 3/14
Cash to Cap 0.01 6/14
CCR 1.76 4/14
EV to EBITDA 58.14 2/14
EV to Revenue 10.99 1/14

Company Details

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.

CEO:

Website: https://www.dtmidstream.com

Address: 500 Woodward Avenue Detroit, MI

Exchange: New York Stock Exchange

Industry: Oil & Gas Midstream

DT Midstream, Inc. Peer Analysis


A useful and more reliable way of seeing the health of a company is to compare it to other companies operating in the same sector. Below is our list of companies which we rank are the closest peers to DT Midstream, Inc.. If you feel that peers should be added or removed from this list please contact us. To run an in-depth peer analysis which compares many financial metrics click on the link below.

Stock Ticker Market Cap
Plains All American Pipeline, L.P. PAA $12.9 Billion
Plains GP Holdings, L.P. PAGP $3.8 Billion
MPLX LP MPLX $43.8 Billion
Targa Resources Corp. TRGP $29.2 Billion
Western Midstream Partners, LP WES $15.1 Billion
DCP Midstream, LP DCP $8.7 Billion
NuStar Energy L.P. NS $2.8 Billion
Genesis Energy, L.P. GEL $1.7 Billion
Holly Energy Partners, L.P. HEP $2.6 Billion
Crestwood Equity Partners LP CEQP $3.0 Billion
Summit Midstream Partners, LP SMLP $393.3 Million
Hess Midstream LP HESM $8.3 Billion
Equitrans Midstream Corporation ETRN $5.4 Billion
Run Peer Analysis
Income Statement
Balance Sheet
Cash Flow Statement
DTM Income Statements
Quarter Year Revenue Earnings
Q1 2024 $ 240.0 Million $97.0 Million
Q4 2023 $ 244.0 Million $133.0 Million
Q3 2023 $ 234.0 Million $91.0 Million
Q2 2023 $ 224.0 Million $94.0 Million
Q1 2023 $ 220.0 Million $81.0 Million
Q4 2022 $ 243.0 Million $85.0 Million
Q3 2022 $ 235.0 Million $113.0 Million
Q2 2022 $ 227.0 Million $91.0 Million

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DTM Balance Sheets
Quarter Year Cash & Equivalents Total Assets Total Debt Total Equity
Q1 2024 $41.0 Million $9.0 Billion $3.2 Billion $4.3 Billion
Q4 2023 $0 $1.0 Billion $3.3 Billion $4.3 Billion
Q3 2023 $30.0 Million $8.9 Billion $3.2 Billion $4.2 Billion
Q2 2023 $0 $985.0 Million $3.2 Billion $4.1 Billion
Q1 2023 $95.0 Million $9.0 Billion $3.5 Billion $4.0 Billion
Q4 2022 $61.0 Million $8.8 Billion $3.4 Billion $4.0 Billion
Q3 2022 $574.0 Million $485.0 Million $3.7 Billion -$3.8 Billion
Q2 2022 $379.0 Million $413.0 Million $3.7 Billion -$3.8 Billion

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DTM Cash Flow Statements
Quarter Year freeCashFlow capitalExpenditure netChangeInCash
Q1 2024 $171.0 Million -$98.0 Million -$15.0 Million
Q4 2023 $806.0 Million $622.0 Million $26.0 Million
Q3 2023 $24.0 Million -$201.0 Million -$15.0 Million
Q2 2023 $14.0 Million $0 $14.0 Million
Q1 2023 $16.0 Million -$228.0 Million $34.0 Million
Q4 2022 -$14.0 Million -$165.0 Million -$294.0 Million
Q3 2022 $250.0 Million $0 $10.0 Million
Q2 2022 $165.0 Million $0 $64.0 Million

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