Upcoming Earnings Overview
DTM is set to announce its latest quarterly earnings on Wednesday, April 29th, with a consensus EPS estimate of 1.11.
Live Analysis
DT Midstream, Inc. is currently priced at $138.09, marking a $3.09 increase from the previous close. Trading volume is at $248,607, 29.4% above the average.
Performance Streak
DTM has shown a positive streak for four consecutive days, with a 5.88% price increase, starting at $130.42.
Earnings Overview
The latest quarterly earnings report on Wednesday, February 18th revealed an EPS of $1.09, with a net income of $111 million.
Dividends
DTM offers a forward dividend yield of 2.55% and a dividend per share of 88 cents MRQ.
Cash Flow
The company reported a free cash flow of $45 million, with a net cash decrease of $44 million.
Income Statement
DTM generated a revenue of $317 million, resulting in a net income of $111 million and an EPS of $1.09.
Ratios
Key ratios include a net profit margin of 35%, return on equity of 2.34, and a price-earnings ratio of 27.41.
Balance Sheet
Total assets amount to $10.35 billion, with total liabilities at $5.47 billion, showcasing a strong financial position.
This report reflects the strong performance and financial health of the DTM asset in the current market environment.
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.