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DT Midstream, Inc. (DTM)

NYSE - Nasdaq Real Time Price. Currency in USD
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49.34-1.09 (-2.16%)
At close: 04:00PM EDT
49.34 0.00 (0.00%)
After hours: 06:23PM EDT
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  • 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 is down 4.95% to 52.95
  • Y
    Yahoo Finance Insights
    DT Midstream is down 5.30% to 55.23
  • 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!
  • Y
    Yahoo Finance Insights
    DT Midstream is down 5.06% to 53.14
  • 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.
  • Y
    Yahoo Finance Insights
    DT Midstream reached an all time high at 58.77
  • 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?
  • Y
    Yahoo Finance Insights
    DT Midstream reached an all time high at 58.66
  • 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
  • Y
    Yahoo Finance Insights
    DT Midstream reached an all time high at 51.71