DT Midstream Inc (DTM)
被高估基本面
65
价格
$121.29
市值
$12.44B
第一部分 · 这家公司值多少
概览
DT Midstream, Inc., together with its subsidiaries, provides integrated natural gas services in the United States. The company operates in two segments, Pipeline and Gathering. The Pipeline segment owns and operates interstate and intrastate natural gas pipelines, storage systems, and natural gas gathering lateral pipelines. This segment also engages in the transportation and storage of natural gas for intermediate and end-user customers. The Gathering segment owns and operates gas gathering systems. This segment is involved in the collection of natural gas for delivery to plants for treating, to gathering pipelines for further gathering, or to pipelines for transportation; and associated ancillary services, including compression, dehydration, gas treatment, water impoundment, water transportation, water disposal, and sand mining. It serves natural gas producers, local distribution companies, electric power generators, industrials, and national marketers. The company was incorporated in 2021 and is headquartered in Detroit, Michigan.
No editorial profile for this company yet
Direct competitors
Who this company fights with for the same customers
Generated on 2026年9月18日 with claude-haiku-4-5 — shared with all users
Williams is the closest like-for-like rival, running natural gas gathering systems in the Appalachian Basin and Haynesville plus long-haul interstate transmission, so it bids against DT Midstream for the same producer acreage dedications and the same firm transport contracts.
Kinder Morgan operates the largest US natural gas transmission network, including Haynesville gathering and Gulf Coast takeaway capacity, and competes for the same producers, utilities and power generators that contract DT Midstream's capacity.
Energy Transfer's gas gathering and intrastate pipelines in Louisiana and East Texas compete head-on with DT Midstream's Blue Union and LEAP assets to move Haynesville production toward Gulf Coast LNG buyers.
Through ANR Pipeline and Great Lakes Gas Transmission, TC Energy sells interstate transport and storage into Michigan and the upper Midwest, the same markets served by DT Midstream's Vector, Viking and Washington 10 storage assets.
Antero Midstream is a pure-play natural gas gatherer in the Marcellus and Utica of West Virginia and Ohio, chasing the same Appalachian acreage and the same power and data-centre demand DT Midstream is connecting there.
资产负债表与流动性
营收
$1.31B
最近12个月（截至2026/6/30）
净利润
$468M
最近12个月（截至2026/6/30）
自由现金流
$441M
股东权益合计
$4.74B
负债合计
$5.20B
流动比率
1.37
利息覆盖率
3.99
债务/EBITDA
3.87
每股收益
营收与净利润
自由现金流
收入构成
历史财务表
利润率变化
债务变化
债务负担有多重
增长一览表
增长 — 营业收入
公允价值估算
公允价值
$99.68
当前价格
$121.29
安全边际
-21.7%
公允价值区间
$64.79 - $134.56
所用估值方法之间的离散区间，并非经过统计校准的置信区间。
估算方法
估值指标
市盈率（P/E）
26.33
ROE
9.3%
市净率（P/B）
2.56
P/FCF
25.52
毛利率
-
ROIC
5.2%
盈利能力雷达图
价值创造（经济护城河）
ROIC
5.2%
WACC
7.6%
ROIC − WACC
-2.4 pp
ROIC 低于资本成本：公司每投入一美元都在毁灭价值。
基本面分析标准
通过（19）
- EPS shows upward trend
- EPS CAGR 12.60%
- Price CAGR 21.85%
- ROIC 5.2%
- P/FCF 25.52
- P/B Ratio 2.56
- Debt/Equity ratio
- Operating Margin 49.6%
- Positive Free Cash Flow
- Current Ratio
- Interest Coverage
- Debt/EBITDA
- Return on Tangible Assets
- ROE 9.9%
- Revenue Growth 5Y 10.5%
- Analyst Consensus 55% Buy
- Earnings Quality (OCF/NI) 2.00
- Net Margin Trend 35.7% vs 33.9%
- Piotroski F-Score 7/9
未通过（7）
- CapEx intensity
- Low reliance on intangibles
- Price below Graham Number
- DCF valuation (Overvalued)
- Earnings Surprise avg -0.3%
- PEG Ratio 5.89
- Share Dilution 4.3%
不可用（2）
- Gross Margin NaN%
- Dividend Payout NaN%
Piotroski F-评分
财务状况强健
盈利质量
高质量：盈利有现金流支撑
股权稀释
正在发行新股，稀释所有权
机构持股
该公司暂无机构申报数据。
公司治理
管理团队
| 姓名 | 职位 | 年龄 |
|---|---|---|
| Mr. David J. Slater | CEO & Executive Chairman | 58 |
| Mr. Christopher Zona | COO & President | 52 |
| Mr. Jeffrey A. Jewell | Executive VP & CFO | 58 |
| Ms. Wendy A.T. Ellis | Executive VP, General Counsel & Corporate Secretary | 59 |
| Mr. Robert C. Skaggs Jr. | Director | 71 |
| Mr. Joseph P. Finland | Chief Accounting Officer | 43 |
| Mr. Todd Lohrmann | Director of Investor Relations | - |
审计风险
3
董事会风险
3
薪酬风险
3
股东权利风险
4
第二部分 · 价格与买入时机
这一部分不判断公司是否值得拥有：它帮助你在基本面说服你之后，选择何时买入。包含：技术分析、潜力、历史回撤、Gamma 敞口。
损益历史
via SEC EDGAR
Latest News
Recent headlines for DTM, sourced from Markets Gazette.