- Chart
- Upturn Summary
- Highlights
- Revenue
- Valuation
Upturn AI Summary - About
DT Midstream Inc(DTM)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Advisory Performance History (Simulated)
Upturn Advisory & Investor View for DTM
11/09/2026: DTM (2-star) is currently NOT-A-BUY. Pass it for now.
DT Midstream is a pure-play natural gas midstream company that operates essential pipeline, gathering, and storage infrastructure. The stock is best suited for income-focused investors who value the company's fee-based, low-commodity-risk business model and consistent dividend payments. Its primary growth opportunity lies in expanding capacity to support rising LNG export volumes and natural gas demand for power generation. However, investors must monitor risks related to regulatory hurdles for new projects, regional asset concentration, and long-term energy transition trends. Overall, DT Midstream offers a stable, asset-heavy investment profile with exposure to the fundamental role of natural gas in the North American energy mix.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | The company offers moderate growth potential linked to infrastructure demand rather than rapid, disruptive expansion. |
| Momentum investor | Strong fit while signal remains positive | Strong market performance in natural gas infrastructure can drive momentum in the right macro environment. |
| Value investor | Strong fit | Its fee-based, regulated-like business model often attracts value investors seeking stable, predictable cash flows. |
| Dividend investor | Strong fit | The company maintains a reliable dividend policy supported by stable, long-term contracts. |
| Low-risk investor | Strong fit | The fee-based nature of its business minimizes exposure to direct commodity price fluctuations, reducing volatility. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | Low | The company's fee-based business model insulates it from direct commodity price fluctuations. |
| Valuation risk | Medium | As a stable income play, valuation is sensitive to interest rate changes and bond yield competition. |
| Competition risk | Medium | Competition from larger, diversified midstream operators could pressure contract pricing. |
| Business quality | Strong | The company owns essential, long-lived assets that generate predictable and durable cash flows. |
| Dividend income | Low | The dividend is supported by a stable, contracted revenue base. |
| Execution risk | Medium | Construction of new pipelines is subject to regulatory, environmental, and permitting delays. |
Price Behavior

Downtrend
The stock has experienced a sustained decline in price over recent periods.

Smooth
The stock has moved along a generally orderly path with only modest fluctuations.
Analysis of Past Performance
Type Stock | Historic Profit 69% | Avg. Invested days 57 | Today’s Advisory PASS |
Upturn Advisory Rating ![]() | Upturn Advisory Performance | Stock Returns Performance |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals 
Financial Health Rating 
Growth Momentum Score 
Ownership 
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue) 
Economic Dimensions
Quantitative Style Profile 
Style Classification
Quality Focused
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 11.60B USD | Price to earnings Ratio 24.76 | 1Y Target Price 148.4 |
Price to earnings Ratio 24.76 | 1Y Target Price 148.4 | ||
Volume (30-day avg) 1.0M shares | Beta 0.74 | 52 Weeks Range 108.64 - 150.94 | Updated Date 11/08/2026 |
52 Weeks Range 108.64 - 150.94 | Updated Date 11/08/2026 | ||
Dividends yield (FY) 3.07% | Basic EPS (TTM) 4.59 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Natural Gas Transportation | Fees from interstate and intrastate pipeline usage. | The company acts like a toll road for natural gas, collecting fees for moving the product. |
| Gathering and Processing | Services for collecting gas from wells and preparing it for transport. | This area generates revenue based on the volume of gas flowing from production areas. |
| Storage | Storage capacity leasing and balancing services. | Revenue is earned from producers and utilities needing a place to hold gas for peak demand. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date 2026-10-29 | When Before Market | Estimate 1.08 | Actual 1.16 |
Profitability
Profit Margin 35.36% | Operating Margin (TTM) 49.11% |
Management Effectiveness
Return on Assets (TTM) 4.05% | Return on Equity (TTM) 9.92% |
Valuation
Trailing PE 24.76 | Forward PE 22.08 | Enterprise Value 14.68B | Price to Sales(TTM) 8.71 |
Enterprise Value 14.68B | Price to Sales(TTM) 8.71 | ||
Enterprise Value to Revenue 11.02 | Enterprise Value to EBITDA 13.22 | Shares Outstanding 102.02M | Shares Floating 101.32M |
Shares Outstanding 102.02M | Shares Floating 101.32M | ||
Percent Insiders 0.57 | Percent Institutions 89.52 |
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.
All company names, trademarks, logos, and brands are the property of their respective owners and are used for identification and informational purposes only. Use of these names, trademarks, and logos does not imply endorsement by their respective owners.

