DT Midstream (DTM)
NYSEEnergyOil & Gas MidstreamSnapshot 2026-11-04
$112.88-4.00%
Close 2026-11-05 · 1-day change
NYSEEnergyOil & Gas MidstreamSnapshot 2026-11-04
QuarterlyIQ Insights · DTM
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | 15.2% |
| Our one-year growth estimate | diamond | 6.8% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
No outside relationship met the current evidence threshold.
Based on historical daily prices through 2026-11-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
A larger daily loss that occurred about once in every 20 trading days.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 8.5 percentage points more one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-11-04 · Compared with 6 industry peers · Company calendar date is not available
DTM — dividend update
Dated 2026-10-29
Regulation FD Disclosure. In DT Midstream’s earnings release issued on October 29, 2026, DT Midstream also announced that its Board of Directors has declared a quarterly cash dividend of $0.88 per share of common stock. The dividend is payable to DT Midstream’s stockholders of record as of December 15, 2026, and is expected to be paid on January 15, 2027. DT Midstream is furnishing the SEC with its slide presentation issued October 29, 2026. A copy of the slide presentation is furnished as Ex…
Why it matters: The project adds about 20% to Midwestern Gas Transmission capacity. Completion would show that a key growth project is moving ahead.
Supportive ifDTM reports that MIST Southbound Phase 1 is built and adds about 300 MMcf/d of capacity.
Worry ifDTM reports a delay, cost overrun, or added capacity below 300 MMcf/d.
Why it matters: The project needs regulatory approval to move ahead. Approval would advance DTM's pipeline growth plans.
Supportive ifFERC approves the application for the Guardian G3 expansion, filed in June 2026.
Worry ifFERC rejects the application, or DTM reports that approval is delayed or the project is paused.
Why it matters: DTM raised its 2026 range after results came in ahead of plan. Meeting the new low end would support its earnings progress.
Supportive ifFull-year 2026 Adjusted EBITDA is at least $1.185 billion, the bottom of the raised range.
Worry ifFull-year 2026 Adjusted EBITDA is below $1.185 billion. Or DTM cuts its raised range before year-end.
Why it matters: DTM declared a quarterly dividend of $0.88 per share. The payment will test whether it keeps this payout in place.
Supportive ifDTM pays $0.88 per share on January 15, 2027, with no announced cut before payment.
Worry ifDTM cuts or cancels the $0.88 per-share payment before January 15, 2027.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$99 on $10,000 · ±1.0% | How much price usually moves either way. |
| Bad day | $214 loss on $10,000 · 2.1% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $2,219 loss on $10,000 · 22.2% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.