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DT Midstream, Inc. (DTM)

NYSE - Nasdaq Real Time Price. Currency in USD
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57.99+1.33 (+2.35%)
At close: 04:00PM EDT
57.99 +0.01 (+0.02%)
After hours: 04:01PM EDT

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  • D
    Daniel
    I usually sell stocks on spin off. This one is the first one I kept because it was a large portion of assets. Was waiting to see what happens to the stock dividend! Decided to keep it!
  • l
    lawrence
    Hi, I would appreciate if someone could tell me what my DTM shares cost. I divided the cost by the number of shares, and came out to $6.13. Is that right? Thank you.
  • L
    Lou From SB
    The dividend for DTM would need to be about $2.08/share annually for the total yield of both DTM and DTE to equal what DTE was before the spinoff.
  • T
    Timothy
    Does anyone have thoughts regarding what you will do with your DTM shares? (ie. Keep or sell?)
  • B
    Bill
    Why own DTM?
    We see six reasons to own
    DTM. First, it boasts a high quality, well-covered dividend with an estimated 6% yield in ’22.
    Second, its balance sheet is top tier with a clear path to investment grade and <3.0x
    leverage by 2025. Third, DTM generates on average a 10% FCF yield through 2025 and
    funds all its growth without the need for external capital. Fourth, DTM’s exposure to growing
    gas basins drives a first-quartile EBITDA CAGR of 5%. Fifth, DTM’s contract structure limits
    volatility with 70% of revenues supported by minimum volume commitments (MVC) with
    almost no direct commodity exposure. Finally, DTM is a C-Corp with ambitious energy
    transition goals – an ESG attribute we would expect to widen the investor pool.
  • T
    TomV
    Earnings released this morning and 5.4% dividend announcement;

    The DT Midstream Board of Directors declared a $0.60 per share dividend on its common stock payable Oct. 15, 2021 to shareholders of record at the close of business Sept. 20, 2021
  • B
    Bill
    I will keep my DTM for the long hall. Looking at their latest presentation, May 19-20, assets are in great locations for many years of growth. Page 23 shows pipeline/storage locations
  • L
    Larry
    Who owns the pipeline that the government is talking about shutting down?
  • B
    Bill
    Congrats to ALL who held. Natural gas will be the fuel that will be with us for decades to come. Even California knows that renewables will not help with its energy needs, especially starting in 2022.
  • D
    Dan
    I now have DTM in my VGD account. It would be nice to see earning, debt, dividend, PE, etc. That information should be readily available being their revenue has been tracked through DTE. I am very skeptical on holding this company. Neutral to bearish. Thoughts?
  • J
    Joan
    When will we get proof that we have these shares
  • M
    Matt
    Buying today on the dip?
  • a
    amdiz113
    Anyone know the market cap of this thing. I don't have a share count. Thanks
  • M
    Matt
    Been on a roll for awhile now. Getting close to fully valued? I can not see much above $60 near term.
  • Y
    Yahoo Finance Insights
    DT Midstream reached an all time high at 51.71
  • B
    Bill
    Kinder Morgan news just out and DTM smack in the middle of Haynesville shale
    In the Haynesville shale formation in Texas, Louisiana and Arkansas, Kinder executives said there may be need for additional takeaway capacity in three to five years as drilling activity in the basin increases due to its proximity to Gulf Coast liquefied natural gas export plants.

    Haynesville is the nation's third biggest gas-producing shale field.
  • L
    Larry
    When will we see our holdings?
  • d
    daryl
    Got this in the DTM spin off - almost back to B/E - may need to reconsider holding
  • j
    jan
    Did anyone get the dividend due on the 17th? It is not showing as paid in Yhoo financials.
  • A
    Anonymous
    Technical support at $49