DTM Earnings Prediction
The chart below shows how DTM performed 10 days before and after its earnings report, based on data from the past quarters. Typically, DTM sees a -0.69% change in stock price 10 days leading up to the earnings, and a +2.20% change 10 days following the report. On the earnings day itself, the stock moves by -0.15%. This data can give you a slight idea of what to expect for the next quarter's release.
DTM Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
249.00M
2.05%
0.40%
Gross Margin
--
--
--
Operating Margin
45.38%
-7.73%
-7.75%
Net Margin
30.52%
-39.94%
-16.82%
EPS
0.73
-41.13%
-18.89%
No Data Available
DTM Earnings Analysis
DT Midstream Inc Corporation (DTM.N) Earnings Conference Call
Positive
Record High Adjusted EBITDA: 2024 was another strong year for DTM, with adjusted EBITDA of $969 million, exceeding guidance and marking a record high.
Safety Performance Excellence: The company achieved zero OSHA recordable safety incidents, showcasing exceptional safety performance.
Pipeline Network Expansion: The acquisition of ONEOK expanded DTM's FERC interstate natural gas pipeline network, integrating new assets successfully.
Project Execution Success: Solid execution of construction projects was noted, with key growth projects placed into service on schedule and on budget.
FID on LEAP Phase 4: The company reached FID on a LEAP Phase 4 expansion in the Haynesville, indicating strong commercial activity.
Project Backlog Increase: DTM's project backlog increased to $2.3 billion, supporting a long-term organic growth rate of 5% to 7%.
Credit Rating Upgrade: The company was upgraded to investment grade by Fitch and expects further upgrades from other agencies in 2025.
Dividend Increase Announcement: A quarterly dividend increase of 12% to $0.82 per share was declared, reflecting confidence in future earnings growth.
Natural Gas Market Improvement: The natural gas market fundamentals are improving, with strong demand signals and record high utilizations across pipelines.
LNG Demand Growth Potential: The Haynesville system is well positioned to capitalize on expected LNG demand growth of 12 Bcf per day over the next decade.
Negative
Record EBITDA Amid Sector Challenges: Despite achieving a record adjusted EBITDA of $969 million, the company faced significant macro sector headwinds, including depressed natural gas prices that caused producer slowdowns.
Gathering Segment Decline: The Gathering segment results were $6 million lower than the prior quarter, driven by producer deferrals of production to Q1 of 2025 and a key producer customer unplanned outage, resulting in lower Haynesville volumes.
Haynesville Gathering Volumes Decline: Total Gathering volumes across the Haynesville averaged just above 1.4 Bcf per day, down from the third quarter, indicating a decline in production activity.
Transaction Costs Impact: The company experienced transaction costs related to the Midwest pipeline acquisition, which impacted the overall financial performance for the fourth quarter.
Earnings Volatility Concerns: While the company expects volumes to respond positively to improved natural gas prices in 2025, the current quarter's performance was negatively affected by deferrals and outages, highlighting potential volatility in future earnings.
DTM FAQs
How does DTM typically perform around its earnings report dates?
Is DT Midstream Inc (DTM) Q4 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
DTM Earning Call Sentiment
DT Midstream, Inc. (DTM) Q4 2024 Earnings Call Transcript
DTM.N
2.27%Positive
The earnings call summary indicates strong financial performance with increased EBITDA and dividend growth, along with optimistic guidance for 2025. The Q&A section reveals additional project opportunities and positive market share growth expectations, despite some management responses lacking clarity. The overall sentiment is positive, as the company demonstrates a commitment to shareholder returns, strategic growth initiatives, and a favorable market outlook, suggesting a likely stock price increase.
