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DTM

DT Midstream Inc

$57.5

Earnings Summary

Revenue
$227Mn
Net Profits
$91Mn
Net Profit Margins
40.09%
PE Ratio
16.67

Highlights

Revenue:

DT Midstream Inc’s revenue jumped 9.13% since last year same period to $227Mn in the Q2 2022. On a quarterly growth basis, DT Midstream Inc has generated 5.58% jump in its revenue since last 3-months.

Net Profits:

DT Midstream Inc’s net profit jumped 33.82% since last year same period to $91Mn in the Q2 2022. On a quarterly growth basis, DT Midstream Inc has generated 12.35% jump in its net profits since last 3-months.

Net Profit Margins:

DT Midstream Inc’s net profit margin jumped 22.62% since last year same period to 40.09% in the Q2 2022. On a quarterly growth basis, DT Midstream Inc has generated 6.41% jump in its net profit margins since last 3-months.

PE Ratio:

DT Midstream Inc’s price-to-earnings ratio after this Q2 2022 earnings stands at 16.67.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the DT Midstream Inc post its latest quarter earnings

EPS Estimate Current Quarter
0.87
EPS Estimate Current Year
0.87

Highlights

EPS Estimate Current Quarter:

DT Midstream Inc’s earning per share (EPS) estimates for the current quarter stand at 0.87 - a -2.25% fall from last quarter’s estimates.

EPS Estimate Current Year:

DT Midstream Inc’s earning per share (EPS) estimates for the current year stand at 0.87.

Key Ratios

Key ratios of the DT Midstream Inc post its Q2 2022 earnings

Earning Per Share (EPS)
0.8
Return on Assets (ROA)
0.03
Return on Equity (ROE)
0.09
Dividend Per Share (DPS)
2.48

Highlights

Earning Per Share (EPS):

DT Midstream Inc’s earning per share (EPS) jumped 14.29% since last year same period to 0.8 in the Q2 2022. This indicates that the DT Midstream Inc has generated 14.29% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. DT Midstream Inc’s return on assets (ROA) stands at 0.03.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. DT Midstream Inc’s return on equity (ROE) stands at 0.09.

Dividend Per Share (DPS):

DT Midstream Inc declared 2.48 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-08-03
0.87
0.8
-8.05%
2022-05-05
0.89
0.84
-5.62%

Company Information

DT Midstream is an owner, operator and developer of natural gas interstate and intrastate pipelines, storage and gathering systems, and compression, treatment and surface facilities. The Company transports clean, natural gas for gas and electric utilities, power plants, marketers, large industrial customers and energy producers across the Southern, Northeastern and Midwestern United States and Canada. The Detroit-based company offers a comprehensive, wellhead-to-market array of services, including natural gas transportation, storage and gathering. DT Midstream is transitioning towards net zero greenhouse gas emissions by 2050, including a target of achieving 30% of its carbon emissions reduction in the next decade. DT Midstream is among the first in the midstream sector to establish net zero goals.

Organisation
DT Midstream Inc
Employees
2.02K