DT Midstream Inc is an owner, operator, and developer of natural gas midstream interstate and intrastate pipelines; storage and gathering systems; and compression, treatment, and surface facilities. It provides multiple, integrated natural gas services to customers through interstate pipelines, intrastate pipelines, storage systems, lateral pipelines and related treatment plants and compression and surface facilities, and gathering systems and related treatment plants and compression and surface facilities. The segments of the group are Pipeline and Gathering. It generates maximum revenue from pipeline segment that includes interstate pipelines, storage systems, gathering lateral pipelines and compression and surface facilities.
The chart shows the growth of an initial investment of $10,000 in DT Midstream, Inc., comparing it to the performance of the S&P 500 index. All prices have been adjusted for splits and dividends.
Returns By Period
DT Midstream, Inc. (DTM) has returned 12.30% so far this year and 59.60% over the past 12 months. Looking at the last ten years, DTM has achieved an annualized return of 13.24%, outperforming the Benchmark (SPY), which averaged 12.23% per year.
DTM
1M-5.52%
6M16.42%
YTD12.30%
1Y59.60%
5Y28.24%
10Y13.24%
Benchmark (SPY)
1M-3.85%
6M-2.35%
YTD-4.36%
1Y34.06%
5Y9.80%
10Y12.23%
Monthly Returns
The table below presents the monthly returns of DT Midstream, Inc. (DTM) with color gradation from worst to best to easily spot seasonal factors.
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2026
5.56%
11.63%
-3.81%
0.28%
2025
0.89%
-3.57%
-0.06%
1.63%
8.63%
3.82%
-6.52%
1.95%
9.53%
-2.79%
10.03%
-0.94%
2024
-2.08%
7.32%
6.02%
1.97%
8.30%
5.50%
6.01%
3.89%
0.82%
14.88%
17.07%
-6.20%
2023
-1.00%
-8.02%
-1.04%
-1.36%
-7.09%
9.11%
7.86%
-3.13%
0.21%
2.41%
5.60%
-3.01%
2022
8.05%
3.35%
1.27%
-1.21%
8.56%
-15.66%
11.83%
1.54%
-5.22%
11.88%
-0.31%
-8.86%
2021
9.69%
10.33%
-0.16%
3.12%
-5.31%
2.76%
Performance Indicators
The charts below present risk-adjusted performance metrics for DT Midstream, Inc. (DTM) and compare them to a Benchmark (SPY). These indicators evaluate an investment's returns against its associated risks.
Sharpe ratio
Sortino ratio
Omega ratio
Calmar ratio
Martin ratio
sharpe ratio
The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.
These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns.
The chart below shows the rolling Sharpe ratio of DTM compared to the benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.
Volatility Chart
The current DT Midstream, Inc. volatility is 1.72%, representing the standart deviation of percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. It shows the maximum percentage drop from a peak to a trough over a specified period, indicating the risk of significant losses. Although chart shows positive values, it represents the percentage drop from the peak, so a value of 10% means the portfolio has dropped 10% from its highest point.
Income Statement
The income statement provides a summary of a company's revenues, expenses, and profits over a specific period. It shows how much money the company earned (revenues) and how much it spent (expenses), leading to the net income or profit. This statement is crucial for understanding a company's financial performance and profitability.
2025
2024
2023
2022
2021
Liabilities And Equity (USD)
10.08B
9.94B
8.98B
8.83B
8.17B
Equity Attributable To Parent (USD)
4.74B
4.63B
4.14B
4.01B
3.87B
Equity Attributable To Noncontrolling Interest (USD)
DT Midstream has successfully closed the acquisition of a portfolio of three FERC-regulated natural gas transmission pipelines from ONEOK for $1.2 billion. The acquired pipelines have a total capacity of more than 3.7 Bcf/d and will increase DT Midstream's pipeline segment revenue.
Benzinga•Globe Newswire
AI Insight
The acquisition aligns with DT Midstream's natural gas strategy and increases its pipeline segment revenue, which is supported by take-or-pay contracts with strong utility customers.
DT Midstream announced the acquisition of three FERC-regulated natural gas transmission pipelines from ONEOK for $1.2 billion. The acquisition is expected to be immediately accretive to Distributable Cash Flow and increase DT Midstream's pipeline segment to approximately 70% of Adjusted EBITDA in 2025.
Benzinga•Globe Newswire
AI Insight
The article highlights the strategic benefits of the acquisition for DT Midstream, including increased scale, revenue contribution from the pipeline segment, and accretion to Distributable Cash Flow. The acquisition aligns with DT Midstream's strategy of owning natural gas assets connecting supply and demand centers.
DT Midstream announced the acquisition of three FERC-regulated natural gas transmission pipelines from ONEOK for $1.2 billion. The acquisition will expand DT Midstream's pipeline segment and increase its presence in the Midwest market.
GlobeNewswire Inc.•Dt Midstream, Inc.
AI Insight
The article highlights DT Midstream's strategic acquisition of natural gas pipelines, which is expected to be immediately accretive to its Distributable Cash Flow and increase its pipeline segment contribution. This suggests the company is making a positive move to expand its business and strengthen its position in the Midwest market.
DT Midstream, Inc. (NYSE: DTM) announced a $300 million public offering of common stock to fund the acquisition of Guardian Pipeline, Midwestern Gas Transmission, and Viking Gas Transmission from ONEOK Partners Intermediate Limited Partnership and Border Midwestern Company.
GlobeNewswire Inc.•
AI Insight
The company is raising funds through a public offering to finance an acquisition, which suggests growth and expansion plans.
DT Midstream, Inc. (NYSE: DTM) plans to announce its second quarter 2024 financial results on July 30, 2024, and host a conference call to discuss the results.
GlobeNewswire Inc.•
AI Insight
The article provides factual information about DT Midstream's upcoming financial results announcement and conference call, without any explicit positive or negative sentiment.
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In the latest quarter, 4 analysts provided ratings for DT Midstream (NYSE:DTM), showcasing a mix of bullish and bearish perspectives.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
Bullish
Somewhat Bullish
Indifferent
Somewhat Bearish
Bearish
Total Ratings
1
2
1
0
0
Last 30D
0
1
0
0
0
1M Ago
0
0
0
0
0
2M Ago
1
1
1
0
0
3M Ago
0
0
0
0
0
The 12-month price targets, analyzed by analysts, offer insights with an average target of $69.5, a high estimate of $77.00, and a low estimate of $65.00. Marking an increase of 15.83%, the current average surpasses the previous average price target of $60.00.
Analyzing Analyst Ratings: A Detailed Breakdown
The standing of DT Midstream among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst
Analyst Firm
Action Taken
Rating
Current Price Target
Prior Price Target
Michael Blum
Wells Fargo
Raises
Overweight
$77.00
$62.00
Selman Akyol
Stifel
Raises
Buy
$70.00
$62.00
Robert Mosca
Mizuho
Raises
Neutral
$65.00
$57.00
Christine Cho
Barclays
Raises
Overweight
$66.00
$59.00
Key Insights:
Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to DT Midstream. This information provides a snapshot of how analysts perceive the current state of the company.
Rating: Analysts assign qualitative assessments to stocks, ranging from ...Full story available on Benzinga.com
DETROIT, April 30, 2024 (GLOBE NEWSWIRE) -- DT Midstream, Inc. (NYSE: DTM) today announced first quarter 2024 reported net income of $97 million, or $0.99 per diluted share. For the first quarter of 2024, Operating Earnings were $97 million, or $0.99 per diluted share. Adjusted EBITDA for the quarter was $245 million.