OakChart

DT Midstream Inc

DTMEnergy·Oil & Gas Midstream·USA·Large·NYSE·Nov 11 • 6:10 AM ET

118.90+0.17 (0.15%)
2026-11-11 15:13 CET
Market cap
12,112.24 USD m
Revenue, TTM
1,332.00 USD m
Net income, TTM
471.00 USD m
Free cash flow, TTM
595.00 USD m
EPS diluted, TTM
4.59
P/E
25.93
Compare

Price

DTM against its 20, 50 and 200-day averages
2050200beatmiss
110.00120.00130.00140.00150.00911K1.8MMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26DTMclose 118.9120-day 121.6350-day 123.76200-day 134.75118.91

22.2% under 152.88 on 26 May 2026. Last 15 sessions, 18.4% high to low

Profile

DTM
52-week range, 18% of the way up
111.55152.88

DT Midstream, Inc. engages in the operation and development of natural gas midstream interstate and intrastate pipelines, storage and gathering systems, and compression, treatment and surface facilities. It operates through the Pipeline and Gathering segments. The Pipeline segment includes interstate pipelines, intrastate pipelines, storage systems, lateral pipelines including related treatment plants and compression and surface facilities. The Gatherings segment focuses on the gathering systems, related treatment plants, and compression and surface facilities. The company was founded on November 20, 2007 and is headquartered in Detroit, MI.

IndexRUI
Employees588
IPOJun 18, 2021
Beta0.74
ATR, 14d3.94
Rel volume0.01
Short float7.65%
Insider own0.55%
Inst own87.23%

Snapshot

6 groups

Valuation

IndexRUI
Market Cap12.13B
Enterprise Value15.36B
Income471.00M
Sales1.33B
Book/sh47.20
Cash/sh2.26
Dividend Est.3.49 (2.93%)
Dividend TTM3.46 (2.91%)
Dividend Ex-DateDec 15, 2026
Dividend Gr. 3/5Y8.61% -
Payout76.24%
Employees588
IPOJun 18, 2021

Ratios

P/E25.93
Forward P/E23.63
PEG3.06
P/S9.11
P/B2.52
P/C52.51
P/FCF20.39
EV/EBITDA16.12
EV/Sales11.53
Quick Ratio1.16
Current Ratio1.16
Debt/Eq0.69
LT Debt/Eq0.69
Option/ShortYes / Yes

Earnings

EPS (ttm)4.59
EPS next Y5.03
EPS next Q1.17
EPS this Y8.80%
EPS next Y7.56%
EPS next 5Y7.72%
EPS past 3/5Y4.17% 5.96%
Sales past 3/5Y10.55% 10.51%
EPS Y/Y TTM16.07%
Sales Y/Y TTM13.36%
EPS Q/Q2.41%
Sales Q/Q7.01%
EarningsOct 29 BMO
EPS/Sales Surpr.2.65% -1.84%

Ownership

Insider Own0.55%
Insider Trans0.32%
Inst Own87.23%
Inst Trans2.49%
ROA4.62%
ROE9.90%
ROIC5.80%
Gross Margin53.00%
Oper. Margin49.62%
Profit Margin35.36%
SMA20-2.24%
SMA50-3.92%
SMA200-11.76%
Trades-

Technical

Shs Outstand102.02M
Shs Float101.45M
Short Float7.65%
Short Ratio7.72
Short Interest7.76M
52W High152.88 -22.22%
52W Low111.55 6.60%
Volatility4.42% 3.59%
ATR (14)3.94
RSI (14)45.11
Beta0.74
Rel Volume0.01
Avg Volume1.00M
Volume600

Performance

Perf Week1.13%
Perf Month-6.04%
Perf Quarter-11.78%
Perf Half Y-18.55%
Perf YTD-0.65%
Perf Year3.77%
Perf 3Y118.45%
Perf 5Y143.56%
Perf 10Y-
Recom2.06
Target Price148.00
Prev Close118.73
Price118.90
Change %0.15%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
Sep 10, 2026UpgradeMMorgan StanleyEqual-Weight → Overweight$170+43.0%
Aug 26, 2026UpgradeWWolfe ResearchPeer Perform → Outperform$145+21.9%
May 26, 2026InitiatedBScotiabankSector Outperform$176+48.0%
Apr 22, 2026UpgradeMMorgan StanleyUnderweight → Equal-Weight$165+38.8%
Feb 24, 2026DowngradeSStifelBuy → Hold$137+15.2%
Nov 03, 2025InitiatedJJefferiesBuy$125+5.1%
Mar 24, 2025InitiatedBBofA SecuritiesBuy$110-7.5%
Mar 12, 2025InitiatedUUBSBuy$102-14.2%
Jan 10, 2025InitiatedBBarclaysEqual Weight$112-5.8%
Dec 19, 2024UpgradeSStifelHold → Buy$89 → $106-10.9%

Peers

Mkt cap
TickerCompanyMkt cap
WMBWilliams Cos Inc85.86B
KMIKinder Morgan Inc70.17B
AMAntero Midstream Corp9.34B
TRPTC Energy Corp66.12B
ETEnergy Transfer LP67.40B
WESWestern Midstream Partners LP16.94B
KNTKKinetik Holdings Inc8.71B
OKEOneok Inc56.13B
TRGPTarga Resources Corp61.10B
EQTEQT Corp32.84B

Insider trading

6 filings
InsiderRelationshipDateTransactionCostSharesValueTotal heldForm
Pickle Elaine MDirectorAug 07 '26Buy132.611,500198,9155,808Aug 10 04:05 PM
Jewell Jeffrey AExecutive V.P., CFOAug 05 '26Buy133.7814519,39889,877Aug 05 04:05 PM
Jewell Jeffrey AExecutive V.P., CFOMay 15 '26Buy147.7315022,16089,732May 15 04:25 PM
Tumminello Peter IDirectorFeb 26 '26Sale135.792,002271,85211,386Feb 27 04:09 PM
Tumminello Peter IDirectorFeb 26 '26Proposed Sale136.372,002273,012Feb 26 03:35 PM
Jewell Jeffrey AExecutive V.P., CFOFeb 25 '26Buy136.3318525,22189,583Feb 25 04:23 PM

Held by

AUM
TickerCompanyAUM
IJHiShares Core S&P Mid-Cap ETFAUM: 124.48B
VTIVanguard Morningstar Total Stock Market ETFAUM: 687.42B
VBVanguard Morningstar Small-Cap ETFAUM: 79.59B
VBRVanguard Morningstar Small-Cap Value ETFAUM: 37.76B
VXFVanguard Extended Market Index ETFAUM: 30.47B
MLPXGlobal X MLP & Energy Infrastructure ETFAUM: 3.53B
MDYState Street SPDR S&P MIDCAP 400 ETF TrustAUM: 26.22B
DFATU.S. Targeted Value Portfolio-ETF Class Shares-
XMMOInvesco S&P MidCap Momentum ETFAUM: 6.37B
VIGVanguard Dividend Appreciation FTFAUM: 117.07B

News

latest 14 of 206
  • DT Midstream Beats And Raises Guidance As Its Contracted Backlog Grows, But Quarterly EBITDA Keeps Slipping (Earnings Whispers)
  • DT Midstream: Q3 Earnings Snapshot (Associated Press)
  • DT Midstream Reports Strong Third Quarter 2026 Results; Raises Adjusted EBITDA Guidance (GlobeNewswire)
  • DT Midstream's Flagged Third-Quarter Dip Tests Whether Its Backlog Story Can Revive A Sliding Stock (Earnings Whispers)
  • DT Midstream to Announce Third Quarter 2026 Financial Results, Schedules Earnings Call (GlobeNewswire)
  • Loading…
  • Does Dynatrace Stock's Valuation Make Sense? (Trefis)
  • DT Midstream Publishes Annual Sustainability Report (GlobeNewswire)
  • DT Midstream Inc's Dividend Analysis (GuruFocus.com)
  • Intuit downgraded, SolarEdge upgraded: Wall Street's top analyst calls (The Fly)
  • DT Midstream Inc (DTM) (Q2 2026) Earnings Call Highlights: Record Haynesville Throughput and ... (GuruFocus.com)
  • DT Midstream: Q2 Earnings Snapshot (Associated Press)
  • DT Midstream Reports Strong Second Quarter 2026 Results (GlobeNewswire)
  • Earnings To Watch: DT Midstream Inc (DTM) Q2 2026 -- GF Value Sees 13% Downside (GuruFocus.com)

Quarterly earnings

actual against estimate
PeriodReportedEPS actEPS estEPS repSales actSales estAnalysts
2026Q32026-10-291.1601.1301.160331.4337.6312
2026Q22026-07-301.0901.1731.092339.33325.8410
2026Q12026-04-301.2701.1711.266332.17313.658
2025Q42026-02-191.0801.1621.080317.91317.1111
2025Q32025-10-301.1301.0631.122308.8303.3310
2025Q22025-07-311.0401.0071.044302.83294.9410
2025Q12025-04-301.0601.0841.054303285.5510
2024Q42025-02-260.7300.8910.724249253.46
2024Q32024-10-290.9000.9400.898242.5242.288
2024Q22024-07-300.9800.9230.981243236.658
2024Q12024-04-300.9900.9450.993241243.138
2023Q42024-02-161.2400.9201.248244235.138
2023Q32023-11-010.9400.9030.933234.5227.848
2023Q22023-08-010.9300.8750.934224227.777
2023Q12023-05-020.8400.9260.832220236.17
2022Q42023-02-160.8800.9730.868243230.997

Annual earnings

PeriodEPS actEPS estEPS repSales actSales est
2021FY3.1603.1483.174822819.33
2022FY3.8103.8963.807897.5898.65
2023FY3.9403.6343.939922.25913.54
2024FY3.6003.7833.598979.29983.93
2025FY4.3004.3844.3001,2301,248
2026FY-4.679--1,354
2027FY-5.033--1,435
2028FY-5.375--1,527
2029FY-6.086--1,780
2030FY-6.605--2,075

Estimate revisions

last 14 periods
PeriodTypeDateEstimatesUpDownMeanLowHigh
2026Q4S2026-11-05715340.97310.38368.4
2026Q4S2026-11-03714341.82310.38368.4
2026Q4S2026-10-30714342.5315.18368.4
2026Q4S2026-10-29713344.35315.18368.4
2026Q4S2026-10-28712348.07315.18371
2026Q4S2026-10-26722348.07315.18371
2026Q4S2026-10-19712340.33314.26371
2026Q4S2026-10-14711340.91314.26375
2026Q4S2026-10-13721340.91314.26375
2026Q4S2026-10-12731340.91314.26375
2026Q4S2026-10-07731340.85314.26375
2026Q4S2026-10-02730342.34314.26375
2026Q4S2026-09-20730341.96314.26375
2026Q4S2026-08-14741341.96314.26375

Estimate history

EPS, annual2.3852.1063.2213.1743.8073.9393.5984.3024.5864
Period20182019202020212022202320242025TTM
EPS, quarterly0.8980.7241.0541.0441.1221.081.2661.0921.149
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Sales, annual48550475484092092298112431332
Period20182019202020212022202320242025TTM
Sales, quarterly248249303309314317336343336
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Shares, annual96.86496.86496.86496.73496.75596.971101.325101.674102.015
Period20182019202020212022202320242025MRQ
Shares, quarterly97.156101.325101.591101.593101.674101.674102.014102.015102.015
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Income statement, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Total Revenue1,332.001,243.00981.00922.00920.00840.00754.00504.00485.00
Cost of Goods Sold Incl. D&A626.00587.00453.00427.00437.00397.00327.00234.00203.00
Gross Profit706.00656.00528.00495.00483.00443.00427.00270.00282.00
Other Operating Expense45.0042.0039.0028.0028.0024.0015.008.009.00
Operating Income661.00614.00489.00467.00455.00419.00412.00262.00273.00
Interest Expense163.00161.00153.00150.00137.00112.00113.0075.0069.00
Unusual Expense3.000.005.00-4.00-10.0017.00-22.001.000.00
Net Income Before Taxes656.00598.00504.00500.00482.00422.00440.00292.00331.00
Income Taxes170.00144.00137.00104.00100.00104.00116.0072.0072.00
Consolidated Net Income486.00454.00367.00396.00382.00318.00324.00220.00259.00
Net Income From Continuing Operations471.00441.00354.00384.00370.00307.00312.00204.00231.00
Net Income471.00441.00354.00384.00370.00307.00312.00204.00231.00
EPS (Recurring)4.614.303.633.913.733.303.062.112.38
EPS (Basic, Before Extraordinaries)4.624.343.633.963.833.173.222.112.38
EPS (Diluted)4.594.303.603.943.813.173.222.112.38
EBITDA953.00889.00716.00667.00644.00603.00581.00355.00354.00
Non-Operating Income (Expense)161.00145.00173.00179.00154.00132.00119.00106.00127.00
Other After Tax Adjustments0.000.000.000.000.000.000.000.000.00
Stock Option Compensation Expense-20.0018.0015.0013.009.004.005.003.00
Price To Earnings Ratio25.8925.8924.1415.3614.4015.6916.63--
Price To Sales Ratio9.219.879.975.805.845.53---
Gross Margin53.0052.7853.8253.6952.5052.7456.6353.5758.14
Operating Margin49.6249.4049.8550.6549.4649.8854.6451.9856.29
Net Margin35.3635.4836.0941.6540.2236.5541.3840.4847.63
Shares Outstanding102.02101.67101.3296.9796.7596.7396.8696.8696.86
Market Capitalization12,112.2412,112.2410,020.655,314.015,346.464,641.234,618.98--

Income statement, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q22025Q12024Q4
Total Revenue336.00343.00336.00317.00314.00309.00303.00249.00
Cost of Goods Sold Incl. D&A160.00158.00154.00154.00149.00143.00141.00128.00
Gross Profit176.00185.00182.00163.00165.00166.00162.00121.00
Other Operating Expense11.0012.0015.007.0010.0011.0014.008.00
Operating Income165.00173.00167.00156.00155.00155.00148.00113.00
Interest Expense40.0042.0040.0041.0040.0040.0040.0036.00
Unusual Expense2.000.001.000.000.000.000.001.00
Net Income Before Taxes163.00169.00170.00154.00153.00145.00146.00119.00
Income Taxes41.0053.0036.0040.0035.0034.0035.0043.00
Consolidated Net Income122.00116.00134.00114.00118.00111.00111.0076.00
Net Income From Continuing Operations118.00112.00130.00111.00115.00107.00108.0073.00
Net Income118.00112.00130.00111.00115.00107.00108.0073.00
EPS (Recurring)1.161.091.271.081.121.041.050.73
EPS (Basic, Before Extraordinaries)1.161.101.281.091.131.051.070.73
EPS (Diluted)1.151.091.271.081.121.041.050.72
EBITDA241.00245.00240.00227.00224.00223.00215.00171.00
Non-Operating Income (Expense)40.0038.0044.0039.0038.0030.0038.0043.00
Other After Tax Adjustments0.000.000.000.000.000.000.000.00
Stock Option Compensation Expense6.323.16-3.95-5.538.6910.27
Price To Earnings Ratio25.8932.5231.3230.3530.3930.0626.8324.14
Price To Sales Ratio9.2111.4910.849.909.8610.169.4710.21
Gross Margin52.3853.9454.1751.4252.5553.7253.4748.59
Operating Margin49.1150.4449.7049.2149.3650.1648.8445.38
Net Margin35.1232.6538.6935.0236.6234.6335.6429.32
Shares Outstanding102.02102.02102.01101.67101.67101.59101.59101.32
Market Capitalization12,112.2414,969.5313,698.7712,168.3411,486.1011,165.879,801.5010,020.65

Balance sheet, annual

Currency USD, millions
Metric2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Cash & Short Term Investments54.0068.0056.0061.00132.0042.0046.0026.00
Short Term Receivables188.00180.00169.00161.00178.00400.00227.00267.00
Inventories0.000.000.000.000.000.000.000.00
Other Current Assets76.0062.0047.0040.0050.0041.0027.0020.00
Total Current Assets318.00310.00272.00262.00360.00483.00300.00313.00
Net Property, Plant & Equipment5,812.005,576.004,472.003,837.003,526.003,515.003,111.001,916.00
Total Investments and Advances1,253.001,297.001,762.002,200.001,691.001,691.001,684.001,585.00
Long-Term Note Receivable4.004.004.004.002.0019.0010.004.00
Intangible Assets2,643.002,697.002,441.002,498.002,555.002,613.002,666.001,044.00
Deferred Tax Assets271.00266.00------
Other Assets50.0051.0031.0032.0032.0021.0016.0015.00
Total Assets10,351.0010,201.008,982.008,833.008,166.008,342.007,787.004,877.00
Short Term Debt Incl. Current Port. of LT Debt16.00166.00178.00346.0026.003,192.002,937.001,687.00
Accounts Payable65.0077.0094.00119.0022.0039.0049.0044.00
Other Current Liabilities215.00183.00162.00149.00129.0057.00414.0041.00
Total Current Liabilities296.00426.00434.00614.00177.003,288.003,400.001,772.00
Long Term Debt3,356.003,355.003,092.003,078.003,057.0028.0031.000.00
Provision for Risks Charges0.000.000.000.000.000.000.000.00
Deferred Tax Liabilities1,541.001,395.001,031.00923.00856.00743.00571.00439.00
Other Liabilities280.00259.00145.0064.0055.0055.0061.0054.00
Total Liabilities5,473.005,435.004,702.004,679.004,145.004,114.004,063.002,265.00
Non-Equity Reserves0.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.00
Common Equity4,736.004,627.004,139.004,007.003,872.004,073.003,569.002,155.00
Total Shareholders Equity4,736.004,627.004,139.004,007.003,872.004,073.003,569.002,155.00
Accumulated Minority Interest142.00139.00141.00147.00149.00155.00155.00457.00
Total Equity4,878.004,766.004,280.004,154.004,021.004,228.003,724.002,612.00
Total Liabilities & Stockholders Equity10,351.0010,201.008,982.008,833.008,166.008,342.007,787.004,877.00
Book Value Per Share46.5845.6642.6841.4140.0342.0536.8522.25
Tangible Book Value Per Share20.5919.0517.5115.6013.6115.079.3211.47
Full-Time Employees588556402362280-236-
Price to Book Ratio2.522.291.301.341.201.20--
Return on Assets4.293.694.314.353.723.873.22-
Return on Equity9.428.089.439.397.738.177.13-
Return on Invested Capital5.454.435.315.224.437.615.6710.72
Quick Ratio1.070.730.630.432.030.150.090.18
Current Ratio1.070.730.630.432.030.150.090.18

Cash flow, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Net Income486.00454.00367.00396.00382.00318.00324.00220.00259.00
Depreciation292.00275.00227.00200.00189.00166.00169.0093.0081.00
Other Funds (Non Cash)85.0075.00499.00466.0061.0047.0029.0049.00-63.00
Funds from Operations1,017.00941.001,213.001,172.00702.00635.00633.00430.00346.00
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital-17.00-25.0022.0053.0040.00-54.00-31.00-34.0019.00
Cash from Operating Activities1,000.00916.001,235.001,225.00742.00581.00602.00396.00365.00
Capital Expenditures-405.00-426.00-350.00-772.00-338.00-140.00-518.00-211.00-176.00
Net Assets From Acquisitions0.000.00-1,198.000.000.000.000.00-2,592.00-19.00
Sale of Fixed Assets and Businesses1.0017.000.000.000.000.000.000.000.00
Purchase or Sale of Investments-19.00-5.00-5.00-7.00-557.00-11.00-35.00-145.00-631.00
Purchase of Investments-19.00-5.00-5.00-7.00-557.00-11.00-35.00-145.00-631.00
Sale Or Maturity of Investments0.000.000.000.000.000.000.000.000.00
Other Uses0.000.000.000.000.000.00-166.00-6.000.00
Other Sources0.000.000.001.0024.00265.000.0091.00100.00
Cash from Investing Activities-423.00-414.00-1,553.00-778.00-871.00114.00-719.00-2,863.00-726.00
Cash Dividends Paid-345.00-324.00-280.00-263.00-244.00-559.000.000.000.00
Change in Capital Stock0.000.00406.000.00-3.000.000.001,274.00250.00
Repurchase of Common Pref Stock0.000.000.000.00-3.000.000.000.000.00
Sale of Common Pref Stock0.000.00406.000.000.000.000.001,274.00250.00
Proceedsfrom Stock Options0.000.00406.000.000.000.000.001,274.00250.00
Issuance or Reduction of Debt, Net-48.00-150.00227.00-165.00322.00-140.00253.001,235.00131.00
Change in Long Term Debt-48.000.00242.000.00-8.003,035.000.000.000.00
Issuance of Long Term Debt149.000.00641.000.00588.003,040.000.000.000.00
Reduction of Long Term Debt-197.000.00-399.000.00-596.00-5.000.000.000.00
Net Financing Active Other Cash Flow-51.00-42.00-23.00-24.00-17.0094.00-140.00-22.00-32.00
Other Financing Activities Uses-51.00-42.00-23.00-24.00-17.00-16.00-392.00-22.00-32.00
Cash from Financing Activities-444.00-516.00330.00-452.0058.00-605.00113.002,487.00349.00
Net Change in Cash133.00-14.0012.00-5.00-71.0090.00-4.0020.00-12.00
Free Cash Flow595.00490.00885.00453.00404.00441.0084.00185.00189.00
Preferred Dividends (Cash Flow)-0.000.000.000.000.000.000.000.00
Price to Free Cash Flow49.0873.9016.1728.1233.57----
Deferred Taxes & Investment Tax Credit-137.00120.00110.0070.00104.00111.0068.0069.00

Balance sheet, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Cash & Short Term Investments231.00172.00150.0054.0098.0074.00
Short Term Receivables189.00188.00190.00188.00175.00164.00
Inventories0.000.000.000.000.000.00
Other Current Assets49.0049.0064.0076.0049.0053.00
Total Current Assets469.00409.00404.00318.00322.00291.00
Net Property, Plant & Equipment5,998.005,895.005,830.005,812.005,766.005,655.00
Total Investments and Advances1,220.001,243.001,245.001,253.001,262.001,288.00
Intangible Assets2,598.002,613.002,628.002,643.002,658.002,673.00
Deferred Tax Assets---271.00--
Other Assets47.0047.0048.0050.0049.0049.00
Total Assets10,332.0010,207.0010,155.0010,351.0010,061.009,960.00
Short Term Debt Incl. Current Port. of LT Debt18.0019.0017.0016.0017.0041.00
Accounts Payable144.0070.0057.0065.0096.0084.00
Other Current Liabilities241.00209.00247.00215.00236.00206.00
Total Current Liabilities403.00298.00321.00296.00349.00331.00
Long Term Debt3,301.003,354.003,354.003,356.003,358.003,358.00
Provision for Risks Charges0.000.000.000.000.000.00
Deferred Tax Liabilities1,386.001,350.001,303.001,541.001,234.001,195.00
Other Liabilities287.00284.00282.00280.00276.00261.00
Total Liabilities5,377.005,286.005,260.005,473.005,217.005,145.00
Non-Equity Reserves0.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.00
Common Equity4,815.004,779.004,753.004,736.004,702.004,673.00
Total Shareholders Equity4,815.004,779.004,753.004,736.004,702.004,673.00
Accumulated Minority Interest140.00142.00142.00142.00142.00142.00
Total Equity4,955.004,921.004,895.004,878.004,844.004,815.00
Total Liabilities & Stockholders Equity10,332.0010,207.0010,155.0010,351.0010,061.009,960.00
Book Value Per Share47.2046.8546.5946.5846.2546.00
Tangible Book Value Per Share21.7321.2320.8320.5920.1019.69
Full-Time Employees---588--
Price to Book Ratio2.523.152.892.592.462.41
Return on Assets4.624.644.614.294.323.97
Return on Equity9.909.909.869.429.048.48
Return on Invested Capital1.451.381.601.371.431.33
Quick Ratio1.161.371.261.070.920.88
Current Ratio1.161.371.261.070.920.88

Cash flow, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Net Income122.00116.00134.00114.00118.00111.00
Depreciation76.0072.0073.0071.0069.0068.00
Other Funds (Non Cash)36.0012.0019.0018.0034.006.00
Funds from Operations270.00247.00259.00241.00259.00213.00
Extraordinary Item0.000.000.000.000.000.00
Changes in Working Capital31.00-19.0036.00-65.0030.00-27.00
Cash from Operating Activities301.00228.00295.00176.00289.00186.00
Capital Expenditures-91.00-105.00-78.00-131.00-143.00-81.00
Net Assets From Acquisitions0.000.000.000.000.000.00
Sale of Fixed Assets and Businesses0.000.001.000.002.0013.00
Purchase or Sale of Investments-7.00-5.00-5.00-2.00-1.00-1.00
Purchase of Investments-7.00-5.00-5.00-2.00-1.00-1.00
Sale Or Maturity of Investments0.000.000.000.000.000.00
Other Uses0.000.000.000.000.000.00
Other Sources0.000.000.000.00-1.001.00
Cash from Investing Activities-98.00-110.00-82.00-133.00-143.00-68.00
Cash Dividends Paid-90.00-89.00-83.00-83.00-83.00-83.00
Preferred Dividends (Cash Flow)0.000.000.000.000.000.00
Change in Capital Stock0.000.000.000.000.000.00
Repurchase of Common Pref Stock0.000.000.000.000.000.00
Sale of Common Pref Stock0.000.000.000.000.000.00
Proceedsfrom Stock Options0.000.000.000.000.000.00
Issuance or Reduction of Debt, Net-49.001.000.000.00-25.00-40.00
Change in Long Term Debt-49.001.000.000.000.000.00
Issuance of Long Term Debt0.00149.000.000.000.000.00
Reduction of Long Term Debt-49.00-148.000.000.000.000.00
Net Financing Active Other Cash Flow-5.00-8.00-34.00-4.00-14.00-4.00
Other Financing Activities Uses-5.00-8.00-34.00-4.00-14.00-4.00
Cash from Financing Activities-144.00-96.00-117.00-87.00-122.00-127.00
Net Change in Cash59.0022.0096.00-44.0024.00-9.00
Free Cash Flow210.00123.00217.0045.00146.00105.00
Price to Free Cash Flow49.0878.0176.4174.1057.9418.17

Revenue breakdown

United States2024: 981.00M 2025: 1.24B
Gathering2024: 538.00M 2025: 556.00M
Pipeline2024: 443.00M 2025: 687.00M

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-307.65%7.8M101.5M975.69K
2026-10-156.98%7.1M101.5M939.71K
2026-09-306.43%6.5M101.5M891.88K
2026-09-155.65%5.7M101.5M877.96K
2026-08-315.43%5.5M101.5M838.93K
2026-08-144.69%4.8M101.5M759.66K
2026-07-314.03%4.1M101.5M722.53K
2026-07-154.24%4.3M101.5M737.36K
2026-06-303.92%4.0M101.5M749.32K
2026-06-153.95%4.0M101.4M781.65K
2026-05-293.34%3.4M101.5M800.74K
2026-05-153.78%3.8M101.5M872.90K
2026-04-303.71%3.8M101.5M871.22K
2026-04-153.40%3.5M101.5M843.53K
2026-03-313.46%3.5M101.2M834.76K
2026-03-133.77%3.8M101.2M764.48K
2026-02-273.68%3.7M101.2M770.71K
2026-02-133.61%3.7M101.2M741.69K
2026-01-304.06%4.1M101.2M743.56K
2026-01-153.95%4.0M101.3M769.99K

Option chain

expiry 2026-11-20
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call70.000.000.000.00-0.000.00---
call75.000.000.000.00-0.000.00---
call80.000.000.000.00-0.000.00---
call85.000.000.000.00-0.000.00---
call90.000.000.000.00-0.000.00---
call95.000.000.000.00-0.000.00---
call1000.000.0043.70-2.000.00---
call1050.000.000.00-0.000.00---
call1100.000.000.00-0.000.00---
call1150.000.000.00-0.000.00---
call1200.000.009.88-30.000.00---
call1250.000.000.55-10.000.00---
call1300.000.000.10-1,2200.00---
call1350.000.000.10-94.000.00---
call1400.000.000.50-83.000.00---
call1450.000.001.00-1.000.00---
call1500.000.000.60-34.000.00---
call1550.000.000.73-1.000.00---
call1600.000.001.00-8.000.00---
call1650.000.000.00-0.000.00---
call1700.000.000.00-0.000.00---
call1750.000.000.00-0.000.00---
call1800.000.000.00-0.000.00---
call1850.000.000.00-0.000.00---
call1900.000.000.00-0.000.00---
call1950.000.000.00-0.000.00---
call2000.000.000.00-0.000.00---
put70.000.000.000.00-0.000.00---
put75.000.000.000.00-0.000.00---
put80.000.000.000.00-0.000.00---
put85.000.000.000.00-0.000.00---
put90.000.000.000.00-0.000.00---
put95.000.000.000.00-0.000.00---
put1000.000.000.20-3.000.00---
put1050.000.000.45-4.000.00---
put1100.000.000.50-6.000.00---
put1150.000.001.05-5.000.00---
put1200.000.002.90-5.000.00---
put1250.000.006.08-2.000.00---
put1300.000.000.00-0.000.00---
put1350.000.0020.58-12.000.00---
put1400.000.000.00-0.000.00---
put1450.000.000.00-0.000.00---
put1500.000.000.00-0.000.00---
put1550.000.000.00-0.000.00---
put1600.000.000.00-0.000.00---
put1650.000.000.00-0.000.00---
put1700.000.000.00-0.000.00---
put1750.000.000.00-0.000.00---
put1800.000.000.00-0.000.00---
put1850.000.000.00-0.000.00---
put1900.000.000.00-0.000.00---
put1950.000.000.00-0.000.00---
put2000.000.000.00-0.000.00---

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-10-2910-QQuarterly report pursuant to Section 13 or 15(d)2026-09-30SEC
2026-10-298-KCurrent report2026-10-29SEC
2026-09-183Initial statement of beneficial ownership of securities2026-09-14SEC
2026-08-104Statement of changes in beneficial ownership of securities2026-08-07SEC
2026-08-054Statement of changes in beneficial ownership of securities2026-08-05SEC
2026-07-3010-QQuarterly report pursuant to Section 13 or 15(d)2026-06-30SEC
2026-07-308-KCurrent report2026-07-30SEC
2026-05-154Statement of changes in beneficial ownership of securities2026-05-15SEC
2026-05-128-KCurrent report2026-05-08SEC
2026-05-074Statement of changes in beneficial ownership of securities2026-05-05SEC
2026-05-074Statement of changes in beneficial ownership of securities2026-05-05SEC
2026-05-074Statement of changes in beneficial ownership of securities2026-05-05SEC
2026-05-074Statement of changes in beneficial ownership of securities2026-05-05SEC
2026-05-074Statement of changes in beneficial ownership of securities2026-05-05SEC
2026-05-074Statement of changes in beneficial ownership of securities2026-05-05SEC
2026-05-078-KCurrent report2026-05-05SEC
2026-05-064Statement of changes in beneficial ownership of securities2026-05-04SEC
2026-04-3010-QQuarterly report pursuant to Section 13 or 15(d)2026-03-31SEC
2026-04-308-KCurrent report2026-04-30SEC
2026-04-29SCHEDULE 13GSEC
2026-04-29SCHEDULE 13GSEC
2026-03-26ARSAnnual report to security holders. 2025-12-31SEC
2026-03-26DEFA14AProxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934SEC
2026-03-26DEF 14AProxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 19342026-05-05SEC
2026-03-26SCHEDULE 13G/ASEC
2026-03-094Statement of changes in beneficial ownership of securities2026-03-05SEC
2026-02-274Statement of changes in beneficial ownership of securities2026-02-26SEC
2026-02-26144Filing for proposed sale of securities under Rule 144.SEC
2026-02-254Statement of changes in beneficial ownership of securities2026-02-25SEC
2026-02-244Statement of changes in beneficial ownership of securities2026-02-20SEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-110000
2026-100000
2026-090000
2026-08218.31K200
2026-070000
2026-060000
2026-0522.16K100
2026-040000
2026-030000
2026-0225.22K1271.85K1
2026-010000
2025-120000
2025-110000

Institutional holders

Manager% owned
BlackRock, Inc.11.17%
VANGUARD PORTFOLIO MANAGEMENT LLC5.66%
VANGUARD CAPITAL MANAGEMENT LLC4.52%
GEODE CAPITAL MANAGEMENT, LLC3.38%
STATE STREET CORP3.31%
Neuberger Berman Group LLC2.93%
TORTOISE CAPITAL ADVISORS, L.L.C.2.92%
Blackstone Inc.2.44%
DIMENSIONAL FUND ADVISORS LP2.19%
T. Rowe Price Investment Management, Inc.2.10%

Funds

Fund% owned
Lord Abbett Short Duration Income Fund114.83%
VANGUARD HIGH-YIELD CORPORATE FUND35.86%
Guggenheim Total Return Bond Fund28.82%
LORD ABBETT BOND DEBENTURE FUND INC26.53%
PIMCO Long Duration Credit Bond Portfolio17.06%
JPMorgan Core Bond Fund17.04%
Janus Henderson Multi-Sector Income Fund14.64%
Janus Henderson Short Duration Income ETF13.57%
Lord Abbett Income Fund12.25%
American Funds Multi-Sector Income Fund9.82%

OakChart. DTM. Cached 15 minutes.