DT Midstream Inc

Company Profile

DT Midstream Inc had its IPO on 2021-07-01 under the ticker symbol DTM.

The company operates in the Energy sector and Oil & Gas Midstream industry. DT Midstream Inc has a staff strength of 362 employees.

Stock update

Shares of DT Midstream Inc opened at $52.4 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $52.27 - $53.4, and closed at $53.15.

This is a +2.02% increase from the previous day's closing price.

A total volume of 754,209 shares were traded at the close of the day’s session.

In the last one week, shares of DT Midstream Inc have increased by +1.05%.

DT Midstream Inc's Key Ratios

DT Midstream Inc has a market cap of $4.63 billion, indicating a price to book ratio of 1.3965 and a price to sales ratio of 6.1147.

In the last 12-months DT Midstream Inc’s revenue was $925 million with a gross profit of $683 million and an EBITDA of $642 million. The EBITDA ratio measures DT Midstream Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, DT Midstream Inc’s operating margin was 50.92% while its return on assets stood at 3.43% with a return of equity of 9.31%.

In Q1, DT Midstream Inc’s quarterly earnings growth was a negative -0.1% while revenue growth was a positive 2.3%.

DT Midstream Inc’s PE and PEG Ratio

Forward PE

14.4928

Trailing PE

11.9425

PEG

Its diluted EPS in the last 12-months stands at $4 per share while it has a forward price to earnings multiple of 14.4928 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into DT Midstream Inc’s profitability.

DT Midstream Inc stock is trading at a EV to sales ratio of 9.2194 and a EV to EBITDA ratio of 10.5031. Its price to sales ratio in the trailing 12-months stood at 6.1147.

DT Midstream Inc stock pays annual dividends of $2.61 per share, indicating a yield of 5.98% and a payout ratio of 76.66%.

Balance sheet and cash flow metrics

Total Assets

$8.98 billion

Total Liabilities

$698.00 million

Operating Cash Flow

$-216000000.00

Capital Expenditure

$228 million

Dividend Payout Ratio

76.66%

DT Midstream Inc ended 2024 with $8.98 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $8.98 billion while shareholder equity stood at $4.02 billion.

DT Midstream Inc ended 2024 with $0 in deferred long-term liabilities, $698.00 million in other current liabilities, 1000000.00 in common stock, $561.00 million in retained earnings and $473.00 million in goodwill. Its cash balance stood at $95.00 million and cash and short-term investments were $95.00 million. The company’s total short-term debt was $427,000,000 while long-term debt stood at $3.06 billion.

DT Midstream Inc’s total current assets stands at $249.00 million while long-term investments were $2.17 billion and short-term investments were $0. Its net receivables were $122.00 million compared to accounts payable of $107.00 million and inventory worth $0.

In 2024, DT Midstream Inc's operating cash flow was $-216000000.00 while its capital expenditure stood at $228 million.

Comparatively, DT Midstream Inc paid $0.77 in dividends in 2024.

Other key metrics

Current Trading Price

$53.15

52-Week High

$59.5672

52-Week Low

$43.928

Analyst Target Price

$56.86

DT Midstream Inc stock is currently trading at $53.15 per share. It touched a 52-week high of $59.5672 and a 52-week low of $59.5672. Analysts tracking the stock have a 12-month average target price of $56.86.

Its 50-day moving average was $51.9 and 200-day moving average was $50.45 The short ratio stood at 4.01 indicating a short percent outstanding of 0%.

Around 11% of the company’s stock are held by insiders while 8387.6% are held by institutions.