What's Driving the Outperformance? Have you been paying attention to shares of DT Midstream (DTM) ? Shares have been on the move with the stock up 7.1% over the past month. The stock hit a new 52-week high of $75.73 in the previous session. DT Midstream has gained 37.7% since the start of the year compared to the 5.4% move for the Zacks Oils-Energy sector and the 7.9% return for the Zacks Oil and Gas - Integrated - United States industry. For the current fiscal year, DT Midstream is expected to post earning ...

Below, we take a look at DT Midstream (DTM) , which currently has a Momentum Style Score of B. We also discuss some of the main drivers of the Momentum Style Score, like price change and earnings estimate revisions. A good momentum benchmark for a stock is to look at its short-term price activity, as this can reflect both current interest and if buyers or sellers currently have the upper hand. It is also useful to compare a security to its industry, as this can help investors pinpoint the top companies in a ...

Wall Street expects flat earnings compared to the year-ago quarter on higher revenues when DT Midstream (DTM) reports results for the quarter ended June 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of bu ...

DETROIT, July 16, 2024 (GLOBE NEWSWIRE) -- DT Midstream, Inc. (NYSE: DTM) plans to announce second quarter 2024 financial results before the market opens on Tuesday, July 30, 2024. DT Midstream has scheduled a conference call to discuss results for 9:00 a.m. ET (8:00 a.m. CT) the same day. Investors, the news media and the public may listen to a live internet broadcast of the call at this link. The participant toll-free telephone dial-in number in the U.S. and Canada is 888.596.4144, and the toll number is ...

DT Midstream has scheduled a conference call to discuss results for 9:00 a.m. ET (8:00 a.m. CT) the same day. Investors, the news media and the public may listen to a live internet broadcast of the call at this link. The participant toll-free telephone dial-in number in the U.S. and Canada is 888.596.4144, and the toll number is 646.968.2525; the passcode is 4749988. International access numbers are available here. DT Midstream (NYSE: DTM) is an owner, operator and developer of natural gas interstate and in ...

Melpomenem/iStock via Getty Images Introduction Initially, I wanted to write an article on (electric) utilities. As most readers will know, utilities are getting a massive tailwind from the AI revolution, which is expected to cause unprecedented growth in total power demand, a tailwind the struggling utility sector will gladly accept in light of elevated funding costs and limited pricing power. According to Goldman Sachs, power demand in the United States is expected to grow by 2.4% per year in the 2022-203 ...

DT Midstream, Inc. (NYSE:DTM) Q1 2024 Results Earnings Conference Call April 30, 2024 9:00 AM ET Company Participants Todd Lohrmann - Director, Investor Relations David Slater - President and Chief Executive Officer Jeffrey Jewell - Chief Financial Officer Conference Call Participants Jeremy Tonet - J.P. Morgan Olivia Halferty - Goldman Sachs Spiro Dounis - Citigroup Keith Stanley - Wolfe Research Robert Mosca - Mizuho Securities Sunil Sibal - Seaport Global Operator Good morning. My name is Audra and I wil ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 __________________________________________ FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period ended March 31, 2024 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-40392 DT Midstream, Inc. (State or other jurisdiction of incorporation or Delaware 38-2663964 organization) (I.R.S Employer Ident ...

Exhibit 99.1 NEWS RELEASE DT Midstream Reports Strong First Quarter 2024 Results DETROIT, Apr. 30, 2024 – DT Midstream, Inc. (NYSE: DTM) today announced first quarter 2024 reported net income of $97 million, or $0.99 per diluted share. For the first quarter of 2024, Operating Earnings were $97 million, or $0.99 per diluted share. Adjusted EBITDA for the quarter was $245 million. Reconciliations of Operating Earnings and Adjusted EBITDA (non-GAAP measures) to reported net income are included at the end of th ...

MPLX LP (MPLX) is set to report first-quarter 2024 earnings on Apr 30, before the opening bell.In the last reported quarter, the partnership’s earnings of $1.10 per unit beat the Zacks Consensus Estimate of 95 cents, primarily due to higher contributions from both segments. A decline in total costs and expenses also contributed to the solid quarterly performance.MPLX’s earnings beat the Zacks Consensus Estimate in three of the trailing four quarters and missed the same once, the average surprise being 7.3%. ...