DT MidstreamNYSE: DTM

Profile

Sector:

Energy

Country:

United States

IPO:

01 July 2021

Next earnings report:

14 February 2025

Last dividends:

16 September 2024

Next dividends:

16 December 2024
$9.98 B
0%vs. 3y high
79%vs. sector
0%vs. 3y high
82%vs. sector
0%vs. 3y high
72%vs. sector
0%vs. 3y high
94%vs. sector

Price

after hours | Wed, 20 Nov 2024 23:44:03 GMT
$102.72+$1.47(+1.45%)
$248.00 M$252.10 M
$248.00 M$88.00 M

Analysts recommendations

Institutional Ownership

DTM Latest News

DT Midstream Announces Pricing of Upsized Public Offering of Common Stock
globenewswire.com20 November 2024 Sentiment: POSITIVE

DETROIT, Nov. 20, 2024 (GLOBE NEWSWIRE) -- DT Midstream, Inc. (NYSE: DTM) today announced the pricing of its previously announced underwritten registered public offering. The size of the offering increased from the previously announced $300,000,000 of shares of common stock to $366,125,000 of shares of the company's common stock at a price to the public of $101 per share, for gross proceeds of approximately $366,125,000, before the underwriting discount and estimated offering expenses. Additionally, the Company has granted the underwriters a 30-day option to purchase up to an additional 543,750 shares of its common stock at the public offering price less the underwriting discounts and commissions. The offering is expected to close on or about November 21, 2024, subject to market and other customary closing conditions.

DT Midstream Announces Proposed Public Offering of Common Stock
globenewswire.com19 November 2024 Sentiment: POSITIVE

DETROIT, Nov. 19, 2024 (GLOBE NEWSWIRE) -- DT Midstream, Inc. (NYSE: DTM) announced that it has commenced an underwritten public offering of $300 million of shares of common stock. In connection with this offering, the Company expects to grant the underwriters a 30-day option to purchase up to $45 million of additional shares of common stock at the public offering price, less the underwriting discounts and commissions. The offering is subject to market and other conditions, and there can be no assurances as to whether or when the offering may be completed, or as to the actual size or terms of the offering.

DT Midstream to Announce Third Quarter 2024 Financial Results, Schedules Earnings Call
globenewswire.com15 October 2024 Sentiment: POSITIVE

DETROIT, Oct. 15, 2024 (GLOBE NEWSWIRE) -- DT Midstream, Inc. (NYSE: DTM) plans to announce third quarter 2024 financial results before the market opens on Tuesday, October 29, 2024.

'Low' Yield? No Problem!
seekingalpha.com07 October 2024 Sentiment: POSITIVE

DT Midstream offers a stable revenue stream with 90% of income from take-or-pay contracts, shielding it from volatile commodity prices. Despite a lower 3.5% yield, DTM impresses with 7% annual dividend growth and a strong 2.4x coverage ratio. The company's strategic positioning in key natural gas basins and internally funded growth projects promise long-term value.

DT Midstream Reports Strong Second Quarter 2024 Results
globenewswire.com30 July 2024 Sentiment: POSITIVE

DETROIT, July 30, 2024 (GLOBE NEWSWIRE) -- DT Midstream, Inc. (NYSE: DTM) today announced second quarter 2024 reported net income of $96 million, or $0.98 per diluted share. For the second quarter of 2024, Operating Earnings were also $96 million, or $0.98 per diluted share. Adjusted EBITDA for the quarter was $248 million.

DT Midstream, Inc. (DTM) Hit a 52 Week High, Can the Run Continue?
zacks.com24 July 2024 Sentiment: POSITIVE

DT Midstream (DTM) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

DT Midstream (DTM) Is Up 4.13% in One Week: What You Should Know
zacks.com23 July 2024 Sentiment: POSITIVE

Does DT Midstream (DTM) have what it takes to be a top stock pick for momentum investors? Let's find out.

DT Midstream (DTM) Reports Next Week: What to Expect
zacks.com23 July 2024 Sentiment: NEUTRAL

DT Midstream (DTM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

DT Midstream to Announce Second Quarter 2024 Financial Results, Schedules Earnings Call
globenewswire.com16 July 2024 Sentiment: POSITIVE

DETROIT, July 16, 2024 (GLOBE NEWSWIRE) -- DT Midstream, Inc. (NYSE: DTM) plans to announce second quarter 2024 financial results before the market opens on Tuesday, July 30, 2024.

MPLX Set to Report Q1 Earnings: Is a Beat in the Offing?
Zacks Investment Research26 April 2024 Sentiment: POSITIVE

MPLX's Q1 earnings were likely boosted by higher throughput volumes and steady fee-based revenues.

  • 1(current)

What type of business is DT Midstream?

DT Midstream, Inc., together with its subsidiaries, provides integrated natural gas services in the United States. The company operates through 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 provision of 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.

What sector is DT Midstream in?

DT Midstream is in the Energy sector

What industry is DT Midstream in?

DT Midstream is in the Oil & Gas Midstream industry

What country is DT Midstream from?

DT Midstream is headquartered in United States

When did DT Midstream go public?

DT Midstream initial public offering (IPO) was on 01 July 2021

What is DT Midstream website?

https://www.dtmidstream.com

Is DT Midstream in the S&P 500?

No, DT Midstream is not included in the S&P 500 index

Is DT Midstream in the NASDAQ 100?

No, DT Midstream is not included in the NASDAQ 100 index

Is DT Midstream in the Dow Jones?

No, DT Midstream is not included in the Dow Jones index

When was DT Midstream the previous earnings report?

No data

When does DT Midstream earnings report?

The next expected earnings date for DT Midstream is 14 February 2025