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Dt Midstream Inc   (DTM)
Other Ticker:  
 
    Sector  Utilities    Industry Natural Gas Utilities
   Industry Natural Gas Utilities
   Sector  Utilities
 
Price: $89.8700 $0.91 1.023%
Day's High: $89.93 Week Perf: 0.64 %
Day's Low: $ 88.74 30 Day Perf: 6.92 %
Volume (M): 480 52 Wk High: $ 91.50
Volume (M$): $ 43,165 52 Wk Avg: $66.05
Open: $89.24 52 Wk Low: $51.17



 Market Capitalization (Millions $) 8,807
 Shares Outstanding (Millions) 98
 Employees 362
 Revenues (TTM) (Millions $) 976
 Net Income (TTM) (Millions $) 415
 Cash Flow (TTM) (Millions $) 47
 Capital Exp. (TTM) (Millions $) 410

Dt Midstream Inc
DT Midstream Inc is a leading provider of midstream energy infrastructure services in North America. The company is primarily involved in the transportation, storage, and processing of crude oil, natural gas, and other hydrocarbons.

DT Midstream operates a comprehensive network of pipelines, storage facilities, processing plants, and terminals, which allows it to provide efficient and reliable services to its customers. The company's assets are strategically located in key production and consumption areas, including the Permian Basin, Eagle Ford, and Bakken shale formations.

In addition to its core midstream services, DT Midstream also provides value-added services such as marketing, trading, and logistics management. The company's marketing and trading operations enable it to capture value across the full energy value chain, from production to consumption. Meanwhile, its logistics management services help customers optimize their supply chains and reduce costs.

DT Midstream is committed to sustainability and responsible management of its operations. The company has implemented various environmental initiatives such as reducing greenhouse gas emissions, minimizing waste and water usage, and protecting biodiversity. It also strongly supports the communities in which it operates, investing in local economic development, education, and social programs.

DT Midstream has a strong financial position and a solid track record of delivering consistent results. The company has a diversified customer base, including major oil and gas producers, refiners, and chemical companies. Its long-term contracts and fee-based business model provide stability and predictability of cash flows.

Overall, DT Midstream is a trusted partner and industry leader in providing comprehensive midstream energy infrastructure services in North America. Its commitment to sustainability, operational excellence, and customer service set it apart in a highly competitive industry.


   Company Address: 500 Woodward Ave., Suite 2900 Detroit 48226 MI
   Company Phone Number: 402-8532   Stock Exchange / Ticker: NYSE DTM


   

Stock Performances by Major Competitors

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Dt Midstream Inc

DT Midstream Inc. Reports Strong Revenue Growth of 9.091% in Fiscal Interval Ending March 31, 2024

DT Midstream Inc. (NYSE: DTM) recently reported its fiscal interval closing on March 31, 2024, showing promising growth and improving profit margins. Revenue increased by 9.091% to $240.00 million compared to $220.00 million in the previous fiscal year. Additionally, income saw a significant increase of 17.86% to $0.99 per diluted share, up from $0.84 in the prior year financial reporting period.
However, in comparison to the preceding financial reporting period, there was a decline in profits by -19.65% from $1.23 per share. Similarly, revenue decreased by -1.639% from $244.00 million. Despite this, net income for the fiscal interval closing on March 31, 2024, increased by 19.05% to $100.000 million, compared to $84.000 million in the corresponding period a year ago.

Stock Market Announcement

DT Midstream, Inc. Announces 2024 Annual Meeting Date and Financial Details

Published Tue, Feb 27 2024 12:00 PM UTC

DT Midstream, Inc. Sets 2024 Annual Meeting Date
DT Midstream, Inc. (NYSE: DTM) recently announced that its 2024 Annual Meeting of Stockholders will take place on Friday, May 10. Stockholders of record as of Wednesday, March 13, 2024, will be eligible to vote at the meeting.
As of now, DT Midstream Inc. has approximately 97.46 million shares outstanding, with a curr...

Dt Midstream Inc

DT Midstream Inc Surges Ahead with Double Digit Earnings Growth and Stock Performance Improvement

DT Midstream Inc, a leading name in the energy industry, has shown positive growth in its stock performance over the past five trading days. The stock has improved by 0.08%, bringing the share price to a decline of 6.1% during the first quarter of 2024. Currently trading on the NYSE, the stock is 0.1% above its 52-week average.
Examining the company's financial performance, for the fiscal interval ending December 31, 2023, DT Midstream Inc reported a significant jump in profit per share. It increased by 41.77% to $1.23 per share compared to $0.87 per share in the previous year. Earnings also grew by 31.08% from $0.94 per share in the prior quarter. Despite a minor growth in revenue by 0.412% to $244.00 million from $243.00 million in the comparable quarter a year before, there was a sequential revenue increase by 4.274% from $234.00 million.

Product Service News

DT Midstream Surpasses Expectations with LEAP Phase 2 Expansion, Paving the Way for Unprecedented Growth

Published Wed, Dec 6 2023 9:15 PM UTC



DT Midstream, a prominent name in the energy industry, has made a significant stride towards strengthening its infrastructure with the early mechanical completion of Phase 2 LEAP expansion. The company recently announced that the 400 million cubic feet per day (MMcf/d) expansion is now anticipated to be available for firm service from January 1, 2024. This developm...

Dt Midstream Inc

DTM Struggles in Fiscal Q3 2023, Yet Demonstrate Resilience Amidst Economic Headwinds


In the fiscal span closing September 30, 2023, DT Midstream Inc. (NYSE: DTM) released its third-quarter financial results, revealing a rather disappointing performance. However, there are indications of stability and resilience that should not be overlooked.
Amidst a challenging economic landscape, the company experienced an 18.97% deterioration in earnings per share (EPS) which dropped to $0.94 compared to $1.16 in the previous year. Additionally, revenue decreased by 0.426% to $234.00 million year-on-year. These numbers do raise concerns, particularly among investors.







Dt Midstream Inc's Segments
Pipeline    45.16 % of total Revenue
Gathering    54.84 % of total Revenue

  Dt Midstream Inc Outlook

On February 16 2024 the Dt Midstream Inc provided following guidance

DT Midstream, Inc. reported strong fourth quarter 20...





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