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DTM · DT Midstream, Inc.

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$119.73 +0.12 (+0.10%) At close · Nov 13
Market Cap
$12.21B
Shares
102.02M
Volume · Nov 13 514.58K Avg daily vol (3M) 996.11K

Price & Indicators

Drag to pan · scroll to zoom
20d MA 50d MA 200d MA Earnings Filing Insider Congress Investor day
Close$119.73 Open$121.76 Day$119.14–121.76 52W close$112.88–151.12 Avg vol 30d1.0M Short int7.8M · 7.6% of shares · 7.6d Short vol74% Last earningsOct 29, 2026 DataJul 2021–Nov 2026 Filing10-Q · Oct 29

Up next

Feb 18, 2027 Est · unconfirmed · in 14 wks

Latest documents

2026
Oct 29
Earnings call
Raises 2026 adjusted EBITDA guidance to $1.185 to $1.225 billion

DT Midstream raised its 2026 adjusted EBITDA guidance to $1.185 to $1.225 billion, announced FID on approximately $0.4 billion of organic growth projects, and increased total committed capital to approximately $2.4 billion.

4 source passages
Welcome to the DT Midstream Third Quarter 2026 Earnings Call. we are raising our 2026 Adjusted EBITDA Guidance midpoint and narrowing the range to $1.185 to $1.225 billion. we are announcing today that we've reached FID on approximately $0.4 billion of new organic growth projects. increasing our total committed capital to approximately $2.4 billion Open the document at this passage
Oct 29
Quarterly report 10-Q FY2026 Q3, ended Sep 30
Quarterly report for FY2026 Q3

DT Midstream reported nine months ended September 30, 2026 operating revenues of 1,015 million and net income attributable to DT Midstream of 360 million, versus 926 million and 330 million in 2025; available liquidity was approximately 1.2 billion.

Revenue $336M ▲ 7.0% Net income $118M ▲ 2.6% Diluted EPS $1.16 ▲ 2.7%
Read from the MD&A section
Oct 29
Current report 8-K
Financial results, Regulation FD disclosure

DT Midstream reported third quarter 2026 net income of $118 million, or $1.16 per diluted share, and Adjusted EBITDA of $301 million; it raised 2026 Adjusted EBITDA guidance to $1,185-$1,225 million and declared a $0.88 per share dividend.

Read from the first part of this long document
Jul 30
Quarterly report 10-Q FY2026 Q2, ended Jun 30
Quarterly report for FY2026 Q2 AI summary on its way
Revenue $343M ▲ 11.0% Net income $112M ▲ 4.7% Diluted EPS $1.09 ▲ 4.8%
All documents

Metrics snapshot

Useful current figures from the complete screener profile.

Revenue (TTM)
$1.33B
Trailing 12 months
Net income (TTM)
$464.00M
Trailing 12 months
Revenue growth YoY
+7.0%
Year over year
Operating margin
49.4%
Trailing 12 months
P / E (TTM)
26.1
Trailing earnings · reciprocal yield 3.8%
FCF yield
4.4%
TTM · current market cap
Return on invested capital
6.2%
Trailing 12 months
Net cash
−$3.05B
Latest balance sheet
Dividend yield
2.9%
Trailing 12 months
Shares change YoY
+0.2%
Year over year · more shares
Price change (1Y)
+5.7%
Trailing year
Short interest
7.6%
Latest settlement · 7.6 days to cover
View all 125 metrics

Equibles Rating

blended score · not investment advice
Overall
Neutral
SellHoldBuy
Technical Neutral Momentum Very Weak Sentiment Neutral Fundamentals Strong Quant / Vol Low
Market backdrop VIX 19.3 · elevated Equity put/call 0.63
Technical
price trend
Neutral
50 / 200-day cross No cross
Price vs 200-day avg −11%
below
Price vs 50-day avg −3%
below
RSI (14) 47
neutral
MACD trend Negative
52-week position 18%
mid-range
Volume (OBV) Bullish div.
accumulating
Momentum
relative strength
Very Weak
1-month return −3%
trailing
6-month return −20%
trailing
YTD return 0%
this year
Relative strength −20%
vs S&P · 6-mo
Sentiment
smart money
Neutral
Trend (MA cross) No cross
50d $123 › 200d $135 — 200d above 50d
Institutional flow Accumulating
622 of 718 funds reported for Sep 30 · net +1.4M sh shares · +39 new
Insider flow Flat
No net insider activity over 90 days
Short interest Rising
7.60% of shares out · ▲ +9.6% MoM · 7.6 days cover
Volume signal Normal
Volume near normal
Institution breadth Multi-yr high
718 holders — near 3-yr high, broad support
Squeeze score 70
elevated · 0–100
Fundamentals
Strong
Revenue growth +27%
Y/Y
EPS growth +19%
Y/Y
Free cash flow $441.0M
Valuation P/E 26.1
rich
Balance sheet $3.3B
net debt
Quant / Vol
risk profile
Low
Volatility 23%
annualized · 1-yr
Max drawdown −25%
past year
ATR 3.3%
of price · 14-day

Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

Guidance & track record

Latest guidance · from the 8-K filed Oct 29, 2026
Adjusted EBITDA · 2026 Non-GAAP Raised $1.19B – $1.23B
Jul 30, 2026 $1.16B – $1.23B changed to Oct 29, 2026 $1.19B – $1.23B
2026 Operating EPS · 2026 Non-GAAP Maintained $4.47 – $4.77
Feb 19, 2026 $4.42 – $4.82 changed to Oct 29, 2026 $4.47 – $4.77
Previous outlook earlier release · from the 8-K filed Jul 30, 2026

Still-open targets the latest release did not restate under the same label.

Adjusted EBITDA · full-year 2027 $1.23B – $1.3B
Operating EPS · 2026 $4.42 – $4.82

Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

Technicals

trend & momentum for long-term holders Neutral
2 · 4 · 1
50 / 200-day cross
No cross Neutral
Price vs 200-day avg
−11% Bearish
Price vs 50-day avg
−3% Neutral
RSI (14)
47 Neutral
MACD trend
Negative Bearish
52-week position
18% Neutral
Volume (OBV)
Bullish div. Bullish
Market signals — smart money & positioning
Bullish · 2 of 6
Trend (MA cross) No cross
50d $123 › 200d $135 — 200d above 50d
Institutional flow Accumulating
622 of 718 funds reported for Sep 30 · net +1.4M sh shares · +39 new
Insider flow Flat
No net insider activity over 90 days
Short interest Rising
7.60% of shares out · ▲ +9.6% MoM · 7.6 days cover
Volume signal Normal
Volume near normal
Institution breadth Multi-yr high
718 holders — near 3-yr high, broad support
Price context
position in its 52-week range
Range low $113 Now $120 · 18% Range high $151
vs 200-day avg -11% vs 50-day avg -3%

Illustrative technical + ownership context — a signal mix, not investment advice.

Key metrics

the company's own KPIs, from written earnings releases and filings
Metric Latest Period YoY
GAAP → non-GAAP reconciliation
GAAP Net Income Attributable to DT Midstream 112M
+42M Plus: Interest expense
+53M Plus: Income tax expense
+68M Plus: Depreciation and amortization
+66M Plus: EBITDA from equity method investees
-1M Less: Gain from financing activities
-1M Less: Interest income
-33M Less: Earnings from equity method investees
-1M Less: Depreciation and amortization attributable to noncontrolling interests
= Adjusted EBITDA 305M
Committed investments $985M 2026 and 2027 —
Distributable Cash Flow non-GAAP 448M Six Months Ended June 30, 2026 —
Haynesville throughput 2.2 Q2 2026 —
LEAP capacity 2.3 Q2 2026 —
Northeast throughput 1.42 Q2 2026 —

Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period

Versus peers

Oil & Gas Midstream — same industry group
Open screener →
Company Mkt cap YTD Rev growth Y/Y P/E Short % shares
DTM
DT Midstream, Inc.
this stock
$12.21B +0.0% +26.7% 26.1 7.6%
ENB
Enbridge Inc
$106.25B -0.3% — — 2.5%
WMB
Williams Companies, Inc.
$84.51B +14.9% +13.8% 27.2 2.4%
EPD
Enterprise Products Partners L.P.
$82.55B +19.4% -6.4% 12.7 0.8%
KMI
Kinder Morgan, Inc.
$71.11B +16.1% +12.2% 19.7 1.9%

Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

At a glance

key data from every section
Ownership
Institutional Holders Accumulating
Holders
692
% held
89.2%
Reported
622 of 718
Top holder
BlackRock, Inc.
Held Float
View
Held by Funds
Fund positions
539
View
Short & Settlement
Short Interest Rising
Shares short
7.8M
Days to cover
7.6d
Change
+679.9K sh
View
Short Volume
Short vol %
74%
As of
Nov 13, 2026
Short Total
View
Fails to Deliver
FTD shares
19.9K
Value
$2.5M
As of
Oct 14, 2026
View
Off-Exchange
Off-exchange %
40.3%
Week of
Oct 5, 2026
Off-exch Lit
View
Smart Money
Congressional Trades Sell
Member
Gilbert Cisneros
Amount
$1.0K–$15.0K
Traded
Apr 29, 2025
View
Financials
Financials
Revenue (FY)
$1.2B
Net income (FY)
$441.0M
EPS diluted
$4.30
View
Filings
SEC Filings
Latest
8-K
Filed
Oct 29, 2026
This year
14

DT Midstream reported third quarter 2026 net income of $118 million, or $1.16 per diluted share, and Adjusted EBITDA of $301 million; it raised 2026 Adjusted EBITDA guidance to $1,185-$1,225 million and declared a $0.88 per share dividend.

View
Proposed Sales
Value
$273.0K
Shares
2.0K
Filed
Feb 26, 2026
View
Earnings & Events
Webcasts
Last webcast
Oct 29, 2026
View
Investor Relations
Latest news
DT Midstream Reports Strong Third…
Published
Oct 29, 2026
View

Performance

5D 20D 120D MTD YTD
DTM +5.3% -3.2% -20.0% -3.7% +0.0%
SPY +2.6% -1.2% +0.5% -0.2% +10.6%
vs SPY +2.8% -2.0% -20.5% -3.5% -10.6%

Capital returns

Latest dividend
$0.88 / share · ex Sep 21, 2026
Declared · upcoming
$0.88 / share · ex Dec 15, 2026
Raised 7.3%
Paid (TTM)
$3.46 / share · 4 payouts
Dividend yield (TTM, derived)
2.89%
Full dividend history

Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.

Key facts CIK 1842022 CUSIP 23345M107 13F (30d) 549 filings 487 filers Visit website Investor relations