DT Midstream (DTM)
NYSEEnergyOil & Gas MidstreamSnapshot 2026-11-04
$117.58-4.08%
Close 2026-11-04 · 1-day change
NYSEEnergyOil & Gas MidstreamSnapshot 2026-11-04
QuarterlyIQ Insights · DTM
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How this business ranks within energy on a research-validated quality screen. As of 2026-11-04.
The screen ranks DTM against its sector on four durable signals: share dilution, return on capital, free-cash-flow yield, and FCF margin. Historically the highest-quality names tended toward better typical outcomes and fewer bad years over multi-year holds (strongest at three years, modest at one), and that pattern showed up even before the price moved. It characterizes business quality, not price direction.
Each leg is a sector-relative percentile (higher is better); 4 of 4 legs were available for this name. The composite is built from these four; the raw value follows each percentile for context.
A forward quality tilt, not a price prediction, and context for your own research rather than a recommendation. Not investment advice.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 2 of the last 3 quarter-over-quarter moves. Historically, Energy names rated neutral grew net income 56% of the time over the next year (vs 57% for the rest of the cohort, n=2345).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
“We are also advancing our organic growth backlog, with $2.4 billion of projects now committed.”
Stated in 4 of 4 supplied quarters. Management reported: ““We are also advancing our organic growth backlog, with $2.4 billion of projects now committed.”” ““We continue to advance our organic growth backlog, with $2 billion of projects now commercialized .”
““We are also advancing our organic growth backlog, with $2.4 billion of projects now committed.””
““We continue to advance our organic growth backlog, with $2 billion of projects now commercialized .”
““And I am pleased that we were able to advance new interstate pipeline growth projects.””
“Slater noted the following significant business updates: • Increased organic project backlog by approximately 50 percent to $3.4 billion over the next 5 years, with pipeline projects comprising 75% o…”
“Based on our strong performance and outlook for the remainder of the year, we are raising our 2026 Adjusted EBITDA guidance to a range of $1,185-$1,225 million.”
Stated in 4 of 4 supplied quarters. Management reported: ““Based on our strong performance and outlook for the remainder of the year, we are raising our 2026 Adjusted EBITDA guidance to a range of $1,185-$1,225 million.”” “In this release, DT Midstream provides 2026 and 2027 Adjusted EBITDA guidance.”
““Based on our strong performance and outlook for the remainder of the year, we are raising our 2026 Adjusted EBITDA guidance to a range of $1,185-$1,225 million.””
“We are also advancing our organic growth backlog, with $2.4 billion of projects now committed.”
Stated in 4 of 4 supplied quarters. Management reported: ““Our Adjusted EBITDA guidance for 2026 is $1.155 to $1.225 billion, representing 6% annual growth from our 2025 original guidance.” ““We delivered another strong quarter, with the business progressing in line with our full-year plan,” said David Slater, Executive Chairman and CEO.”
““We are also advancing our organic growth backlog, with $2.4 billion of projects now committed.””
Sustain and increase quarterly cash dividend, with recent increases to $0.88 per share reflecting commitment to shareholder returns.
Execute and commercialize organic growth projects including pipeline expansions and modernization to support increased capacity and backlog growth.
Over the trailing year it converted 2.09x of net income into operating cash flow. Historically, Energy names rated neutral grew net income 40% of the time over the next year (vs 47% for the rest of the cohort, n=1310).
Not enough signal yet.
Not enough signal to read sensitivity to the US dollar, the broad stock market, Fed net liquidity, real (inflation-adjusted) rates, long-term interest rates (low R² over the window).
18 material management or governance events in the past 24 months, led by capital-allocation actions. Historically, Energy names rated neutral grew net income 58% of the time over the next year (vs 57% for the rest of the cohort, n=2203).
Not investment advice. As of 2026-11-04.
“In this release, DT Midstream provides 2026 and 2027 Adjusted EBITDA guidance.”
“Slater noted the following significant business updates: • DTM has approved investment in the Vector Pipeline 2028 expansion project and the Millennium Pipeline R2R project • Successfully completed n…”
““Our Adjusted EBITDA guidance for 2026 is $1.155 to $1.225 billion, representing 6% annual growth from our 2025 original guidance.”
““We delivered another strong quarter, with the business progressing in line with our full-year plan,” said David Slater, Executive Chairman and CEO.”
“Slater noted the following significant business updates: • DTM has approved investment in the Vector Pipeline 2028 expansion project and the Millennium Pipeline R2R project • Successfully completed n…”
““Our Adjusted EBITDA guidance for 2026 is $1.155 to $1.225 billion, representing 6% annual growth from our 2025 original guidance.”