DT Midstream, Inc.

Equities

DTM

US23345M1071

Oil & Gas Transportation Services

Market Closed - Nyse Other stock markets 04:00:02 2024-05-03 pm EDT			5-day change	1st Jan Change
62.93 ^USD	+0.51%		-1.73%	+14.84%

Apr. 30	Sector Update: Energy Stocks Slide in Late Tuesday Afternoon Trading	MT
Apr. 30	Sector Update: Energy Stocks Decline in Tuesday Afternoon Trading	MT

DT Midstream, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023

August 01, 2023 at 11:25 am EDT

DT Midstream, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 224 million compared to USD 227 million a year ago. Net income was USD 91 million compared to USD 91 million a year ago. Basic earnings per share from continuing operations was USD 0.93 compared to USD 0.93 a year ago. Diluted earnings per share from continuing operations was USD 0.93 compared to USD 0.93 a year ago.
For the six months, sales was USD 444 million compared to USD 442 million a year ago. Net income was USD 172 million compared to USD 172 million a year ago. Basic earnings per share from continuing operations was USD 1.77 compared to USD 1.78 a year ago. Diluted earnings per share from continuing operations was USD 1.76 compared to USD 1.77 a year ago.

Latest news about DT Midstream, Inc.

Sector Update: Energy Stocks Slide in Late Tuesday Afternoon Trading	Apr. 30	MT
Sector Update: Energy Stocks Decline in Tuesday Afternoon Trading	Apr. 30	MT
DT Midstream, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	Apr. 30	CI
DT Midstream's Q1 Adjusted Earnings Rise	Apr. 30	MT
Transcript : DT Midstream, Inc., Q1 2024 Earnings Call, Apr 30, 2024	Apr. 30
DT Midstream, Inc. Declares Quarterly Cash Dividend, Payable on July 15, 2024	Apr. 30	CI
Mizuho Securities Adjusts Price Target on DT Midstream to $65 From $57, Maintains Neutral Rating	Apr. 29	MT
Energy Transfer Stay on New Pipeline by DT Midstream Overturned by Appeals Court	Apr. 10	MT
Barclays Raises Price Target on DT Midstream to $66 From $59, Maintains Overweight Rating	Apr. 05	MT
CERAWEEK-Williams delays Louisiana natgas pipeline amid competitor dispute	Mar. 20	RE
North American Morning Briefing : Stock Futures -2-	Feb. 21	DJ
Wolfe Research Upgrades DT Midstream to Peer Perform From Underperform	Feb. 20	MT
DT Midstream, Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 16	CI
Sector Update: Energy Stocks Edge Higher Pre-Bell Friday	Feb. 16	MT
Transcript : DT Midstream, Inc., Q4 2023 Earnings Call, Feb 16, 2024	Feb. 16
DT Midstream 2023 Adjusted Operating Earnings Up; Shares Up in Pre-Bell Session	Feb. 16	MT
Stock Futures Mostly Rise Pre-Bell Ahead of Producer Price Index Report; Asia, Europe Strong	Feb. 16	MT
DT Midstream, Inc. Declares Quarterly Cash Dividend, Payable on April 15, 2024	Feb. 16	CI
North American Morning Briefing : S&P 500 Seen Grinding to New High; PPI Data in Focus	Feb. 16	DJ
Barclays Raises DT Midstream Price Target to $59 From $57, Maintains Overweight Rating	Jan. 17	MT
North American Morning Briefing : Focus Fixed on -2-	Jan. 11	DJ
Wolfe Research Downgrades DT Midstream to Underperform From Peer Perform, Price Target is $53	Jan. 10	MT
North American Morning Briefing : Boeing Drags -2-	Jan. 08	DJ
Mizuho Securities Downgrades DT Midstream to Neutral From Buy, Trims Price Target to $57 From $58	Jan. 05	MT
DT Midstream, Inc Announces Early Mechanical Completion of LEAP Phase 2 Expansion	Dec. 06	CI

Chart DT Midstream, Inc.

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Company Profile

DT Midstream, Inc. is an owner, operator, and developer of natural gas interstate and intrastate pipelines, storage and gathering systems, compression, treatment, and surface facilities. It transports clean natural gas for utilities, power plants, marketers, large industrial customers, and energy producers. Its segments include Pipeline and Gathering. The Pipeline segment owns and operates interstate and intrastate natural gas pipelines, storage systems, and natural gas gathering lateral pipelines. It also has interests in equity method investees that own and operate interstate natural gas pipelines. The segment is engaged in the transportation and storage of natural gas for intermediate and end user customers. The Gathering segment owns and operates gas gathering systems. The segment is engaged in collecting natural gas from points at or near customersâ wells for delivery to plants for treating, to gathering pipelines for further gathering, or to pipelines for transportation.

Sector

Oil & Gas Transportation Services

Calendar

2024-05-10 - Annual General Meeting

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Ratings for DT Midstream, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

C+

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Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

62.93 USD

Average target price

63.9 USD

Spread / Average Target

+1.54%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Natural Gas Pipeline

	1st Jan change	Capi.
DT MIDSTREAM, INC.	+14.84%	6.11B
ENERGY TRANSFER LP	+15.14%	53.51B
EQUITRANS MIDSTREAM CORPORATION	+34.18%	5.92B
NEXTDECADE CORPORATION	+35.74%	1.67B
OQ GAS NETWORKS SAOC	-5.88%	1.62B
SHAANXI PROVINCIAL NATURAL GAS CO.,LTD	+2.32%	1.15B
S.N.T.G.N. TRANSGAZ S.A.	+1.70%	782M
JINHONG HOLDING GROUP CO., LTD.	-34.33%	144M
NATURELGAZ SANAYI VE TICARET	-10.82%	146M
PETROVIETNAM LOW PRESSURE GAS DISTRIBUTION	-5.26%	141M

Natural Gas Pipeline