DT Midstream (DTM) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $1.16
- Estimate
- $1.13
- Surprise
- +3.1%
- Revenue (period 2026-09-30)
- $336.0M
- Score at report (before → after)
- 5.3 → 5.4/10
Revenue source: xbrl.
How the report landed
DT Midstream (DTM) beat the $1.13 estimate with adjusted EPS of $1.16 — a clear 3.1% upside surprise. TrendMatrix's engine moved from Buy (Wait) (5.3/10) to Sell at 5.4/10 after the report.
Coverage in the report window
- DT Midstream Narrows FY2026 Adj EPS Guidance from $4.42-$4.82 to $4.47-$4.77 vs $4.67 Est — benzinga, 2026-10-29
Where TrendMatrix's rating stands now
TrendMatrix currently rates DTM Sell at 5.4/10.
2 of the last 4 quarters beat the estimate; this quarter's +3.1% surprise compares with a +1.1% four-quarter average.
What supports the rating
- Sector modifier (Energy): +1.2
- Positive momentum
What argues against it
- Concentration risk — Geographic: Midwestern U.S., Eastern Canada, Northeastern U.S. and Gulf Coast
- Thin upside margin: 6.1%
- Consecutive earnings misses (2)
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $126.98
- Price target
- $134.76
- Stop
- $118.94
- Upside to target
- +6.1%
- Reward-to-risk
- 0.7:1
At 27.8× trailing and 25.3× forward earnings, consensus estimates imply little change in earnings power.
Risk check: trading volume is running 1.6× its average — elevated turnover around the report window.
Model outputs from TrendMatrix’s engine as of 2026-10-30 — shown for context, not personalized investment advice.
DTM at TrendMatrix's latest read
Energy results are commodity-price arithmetic first; the operational beat or miss is read net of what the strip already told the market.
- Industry
- Oil & Gas Midstream
- Market cap
- $12.95B
- P/E (fwd)
- 25.3
- P/E (ttm)
- 27.8
- 52-week range
- $106.00–$152.88
- Off 52-week high
- 16.9%
- RSI (14)
- 55
- Volume vs avg
- 1.55×
- Score today
- 5.4/10