dt midstream (nyse: dtm) is an owner, operator and developer of natural gas interstate and intrastate pipelines, storage and gathering systems, compression, treatment, and surface facilities. we transport clean, natural gas for utilities, power plants, marketers, large industrial customers and energy producers across the southern, northeastern and midwestern united states and canada.
![DT Midstream logo](https://files.capedge.com/10-K/0001842022-23-000006/dtm-20221231_g1.gif)
Company profile
Ticker
DTM
Exchange
Website
CEO
Jeff Jewell
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Bluestone Gas Corporation • Bluestone Pipeline Company • DTM Appalachia Gathering, LLC • DTM LEAP Gas Gathering, LLC • DTM Louisiana Gathering, LLC • DTM Millennium Company • DTM Nexus, LLC • DTM Vector Company • Stonewall Gas Gathering LLC • Stonewall Gas Holdings, LLC ...
IRS number
382663964
DTM stock data
Latest filings (excl ownership)
8-K
Submission of Matters to a Vote of Security Holders
13 May 24
10-Q
2024 Q1
Quarterly report
30 Apr 24
8-K
DT Midstream Reports Strong First Quarter 2024 Results
30 Apr 24
ARS
2023 FY
Annual report to shareholders
28 Mar 24
DEFA14A
Additional proxy soliciting materials
28 Mar 24
DEF 14A
Definitive proxy
28 Mar 24
10-K
2023 FY
Annual report
16 Feb 24
8-K
DT Midstream Reports Strong Fourth Quarter 2023 Results; Raises Dividend and 2024 Adjusted EBITDA Guidance
16 Feb 24
8-K
Departure of Directors or Certain Officers
22 Dec 23
8-K
Regulation FD Disclosure
6 Dec 23
Transcripts
DTM
Earnings call transcript
2024 Q1
30 Apr 24
DTM
Earnings call transcript
2023 Q4
16 Feb 24
DTM
Earnings call transcript
2023 Q3
1 Nov 23
DTM
Earnings call transcript
2023 Q2
1 Aug 23
DTM
Earnings call transcript
2023 Q1
2 May 23
DTM
Earnings call transcript
2022 Q4
16 Feb 23
DTM
Earnings call transcript
2022 Q3
28 Oct 22
DTM
Earnings call transcript
2022 Q2
3 Aug 22
DTM
Earnings call transcript
2022 Q1
5 May 22
DTM
Earnings call transcript
2021 Q4
25 Feb 22
Latest ownership filings
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
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Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | |
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Revenue | ||||
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Operating income | ||||
Operating margin | ||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 41.00 mm | 41.00 mm | 41.00 mm | 41.00 mm | 41.00 mm | 41.00 mm |
Cash burn (monthly) | 5.00 mm | 4.50 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 19.33 mm | 17.40 mm | n/a | n/a | n/a | n/a |
Cash remaining | 21.67 mm | 23.60 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 4.3 | 5.2 | n/a | n/a | n/a | n/a |
Institutional ownership, Q1 2024
78.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 444 |
Opened positions | 144 |
Closed positions | 34 |
Increased positions | 98 |
Reduced positions | 102 |
13F shares | Current |
---|---|
Total value | 4.29 tn |
Total shares | 76.04 mm |
Total puts | 4.40 k |
Total calls | 247.00 k |
Total put/call ratio | 0.0 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 10.76 mm | $657.17 bn |
Vanguard | 10.19 mm | $622.35 bn |
Dimensional Fund Advisors | 3.90 mm | $238.47 bn |
Energy Income Partners | 3.23 mm | $197.56 bn |
STT State Street | 3.14 mm | $194.27 bn |
Deutsche Bank AG - Registered Shares | 2.85 mm | $174.42 bn |
GS Goldman Sachs | 2.82 mm | $172.44 bn |
Mitsubishi UFJ Trust & Banking | 2.36 mm | $144.40 bn |
JPM JPMorgan Chase & Co. | 2.03 mm | $124.21 bn |
Geode Capital Management | 1.74 mm | $106.57 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
10 May 24 | Angela N Archon | RSU Common Stock | Grant | Acquire A | No | No | 0 | 1,758 | 0.00 | 1,758 |
10 May 24 | Stephen W Baker | RSU Common Stock | Grant | Acquire A | No | No | 0 | 1,758 | 0.00 | 1,758 |
10 May 24 | Elaine M Pickle | RSU Common Stock | Grant | Acquire A | No | No | 0 | 1,758 | 0.00 | 1,758 |
10 May 24 | Robert C Skaggs JR | RSU Common Stock | Grant | Acquire A | No | No | 0 | 1,758 | 0.00 | 1,758 |
10 May 24 | Peter I Tumminello | RSU Common Stock | Grant | Acquire A | No | No | 0 | 1,758 | 0.00 | 1,758 |
News
A Glimpse Into The Expert Outlook On DT Midstream Through 4 Analysts
17 Jul 24
Barclays Maintains Overweight on DT Midstream, Raises Price Target to $72
17 Jul 24
The Analyst Verdict: DT Midstream In The Eyes Of 4 Experts
4 Jun 24
Wells Fargo Upgrades DT Midstream to Overweight, Raises Price Target to $77
4 Jun 24
Stifel Maintains Buy on DT Midstream, Raises Price Target to $70
1 May 24