{"data":{"ticker":"DTM","slug":"dt-midstream","name":"DT Midstream","exchange":"NYSE","sector":"Energy","headquarters":"Detroit, MI","ceo":"David J. Slater","employees":588,"website":"https://www.dtmidstream.com","founded":"2021","layers":[{"slug":"power-energy","name":"Power & Energy"}],"exposure":{"score":26,"tier":"Peripheral","rationale":"Data center linked gas power demand is a disclosed driver of DT Midstream's new expansion projects in Appalachia and the Midwest. Its contracted pipeline model is steady but limits how much direct AI revenue can move the needle."},"quote":{"price":120.98,"change24hPct":-2.7,"change7dPct":-4.67,"change30dPct":-0.02,"change1yPct":10.63,"high52w":149.69,"low52w":107.32,"marketCap":12341811200,"peRatio":26.36,"eps":4.59,"volume24h":117580462},"nextEarningsDate":"2026-10-29","summary":"DT Midstream owns and operates natural gas pipelines, gathering systems, and storage serving the Appalachian and Haynesville basins and the Midwest. Spun off from DTE Energy in 2021, it makes money charging fees under long term contracts to move gas from producers to utilities, power plants, and export markets.","explainer":["DT Midstream owns and operates natural gas pipelines, gathering systems, and storage serving the Appalachian and Haynesville basins and the Midwest. Spun off from DTE Energy in 2021, it makes money charging fees under long term contracts to move gas from producers to utilities, power plants, and export markets.","Key assets include the Blue Union gathering system and LEAP pipeline serving Haynesville producers, Appalachian gathering systems, and a portfolio of interstate pipelines in the upper Midwest. Management cites utility and data center power demand growth in its footprint as a key driver of new expansion projects.","Headquartered in Detroit, Michigan, DT Midstream employs about 590 people and trades on the NYSE."],"buildoutRole":"DT Midstream sits in the Power & Energy layer of the AI buildout. Its pipelines and gathering systems serve regions where utilities are planning new gas generation for data center load, and management cites that demand as a driver of its expansion backlog. The Haynesville side connects low cost gas to Gulf Coast markets, while the Appalachian and Midwest assets sit near emerging data center clusters. Contracted fee based revenue keeps the model steady, with AI demand as an incremental growth layer.","faq":[{"q":"What does DT Midstream do?","a":"DT Midstream owns and operates natural gas pipelines, gathering systems, and storage serving the Appalachian and Haynesville basins and the Midwest. It charges fees under long term contracts to move gas from producers to utilities, power plants, and export markets."},{"q":"How is DT Midstream exposed to AI?","a":"Supercycle rates it Peripheral with an AI Exposure Score of 26 out of 100. Utility and data center power demand growth in its footprint is a disclosed driver of its expansion backlog, but its contracted pipeline model limits how much direct AI revenue it can capture."},{"q":"What are DT Midstream's key assets?","a":"Key assets include the Blue Union gathering system and LEAP pipeline serving Haynesville producers, Appalachian gathering systems, and interstate pipelines in the upper Midwest. Together they connect low cost gas supply to utilities and power plants in growing demand regions."},{"q":"Is DTM a pure play AI stock?","a":"No. Supercycle classifies DT Midstream as Peripheral. Data center linked power demand supports new projects, but the company is fundamentally a contracted gas infrastructure business serving broad utility, industrial, and export demand."},{"q":"Who leads DT Midstream?","a":"David Slater serves as president and chief executive officer and has led the company since its 2021 spin off from DTE Energy. DT Midstream is headquartered in Detroit, Michigan and employs about 590 people."}],"history1y":[{"date":"2026-09-22","close":124.96},{"date":"2026-09-23","close":125.83},{"date":"2026-09-24","close":124.75},{"date":"2026-09-25","close":122.28},{"date":"2026-09-28","close":121.97},{"date":"2026-09-29","close":121.63},{"date":"2026-09-30","close":119.47},{"date":"2026-10-01","close":120.08},{"date":"2026-10-02","close":121},{"date":"2026-10-05","close":122.12},{"date":"2026-10-06","close":124.6},{"date":"2026-10-07","close":122.69},{"date":"2026-10-08","close":123.76},{"date":"2026-10-09","close":124.01},{"date":"2026-10-12","close":125.62},{"date":"2026-10-13","close":126.55},{"date":"2026-10-14","close":123.33},{"date":"2026-10-15","close":118.81},{"date":"2026-10-16","close":123.67},{"date":"2026-10-19","close":122.48},{"date":"2026-10-20","close":122.48},{"date":"2026-10-21","close":124.48},{"date":"2026-10-22","close":123.4},{"date":"2026-10-23","close":123.91},{"date":"2026-10-26","close":126.9},{"date":"2026-10-27","close":128.54},{"date":"2026-10-28","close":124.8},{"date":"2026-10-29","close":126.98},{"date":"2026-10-30","close":124.34},{"date":"2026-11-02","close":120.98}],"incomeStatements":[{"ticker":"DTM","report_period":"2025-12-31","fiscal_period":"2025-FY","period":"annual","currency":"USD","revenue":1243000000,"cost_of_revenue":258000000,"gross_profit":985000000,"operating_expense":0,"operating_income":614000000,"net_income":441000000,"earnings_per_share":4.3,"earnings_per_share_diluted":4.3,"research_and_development":0,"selling_general_and_administrative_expenses":0,"interest_expense":0,"income_tax_expense":0,"weighted_average_shares_diluted":0},{"ticker":"DTM","report_period":"2024-12-31","fiscal_period":"2024-FY","period":"annual","currency":"USD","revenue":981000000,"cost_of_revenue":209000000,"gross_profit":772000000,"operating_expense":0,"operating_income":489000000,"net_income":354000000,"earnings_per_share":3.6,"earnings_per_share_diluted":3.6,"research_and_development":0,"selling_general_and_administrative_expenses":0,"interest_expense":0,"income_tax_expense":0,"weighted_average_shares_diluted":0},{"ticker":"DTM","report_period":"2023-12-31","fiscal_period":"2023-FY","period":"annual","currency":"USD","revenue":922000000,"cost_of_revenue":182000000,"gross_profit":740000000,"operating_expense":0,"operating_income":467000000,"net_income":384000000,"earnings_per_share":3.94,"earnings_per_share_diluted":3.94,"research_and_development":0,"selling_general_and_administrative_expenses":0,"interest_expense":0,"income_tax_expense":0,"weighted_average_shares_diluted":0},{"ticker":"DTM","report_period":"2022-12-31","fiscal_period":"2022-FY","period":"annual","currency":"USD","revenue":920000000,"cost_of_revenue":170000000,"gross_profit":750000000,"operating_expense":0,"operating_income":455000000,"net_income":370000000,"earnings_per_share":3.81,"earnings_per_share_diluted":3.81,"research_and_development":0,"selling_general_and_administrative_expenses":0,"interest_expense":0,"income_tax_expense":0,"weighted_average_shares_diluted":0}],"balanceSheets":[{"ticker":"DTM","report_period":"2025-12-31","fiscal_period":"2025-FY","period":"annual","currency":"USD","total_assets":10080000000,"current_assets":318000000,"cash_and_equivalents":54000000,"total_liabilities":5202000000,"current_liabilities":296000000,"total_debt":3372000000,"shareholders_equity":4736000000,"retained_earnings":827000000},{"ticker":"DTM","report_period":"2024-12-31","fiscal_period":"2024-FY","period":"annual","currency":"USD","total_assets":9935000000,"current_assets":310000000,"cash_and_equivalents":68000000,"total_liabilities":5169000000,"current_liabilities":426000000,"total_debt":3521000000,"shareholders_equity":4627000000,"retained_earnings":723000000},{"ticker":"DTM","report_period":"2023-12-31","fiscal_period":"2023-FY","period":"annual","currency":"USD","total_assets":8982000000,"current_assets":272000000,"cash_and_equivalents":56000000,"total_liabilities":4702000000,"current_liabilities":434000000,"total_debt":3270000000,"shareholders_equity":4139000000,"retained_earnings":661000000},{"ticker":"DTM","report_period":"2022-12-31","fiscal_period":"2022-FY","period":"annual","currency":"USD","total_assets":8833000000,"current_assets":262000000,"cash_and_equivalents":61000000,"total_liabilities":4679000000,"current_liabilities":614000000,"total_debt":3424000000,"shareholders_equity":4007000000,"retained_earnings":547000000}],"holders13f":[{"slug":"ray-dalio","personName":"Ray Dalio","fundName":"Bridgewater Associates","value":5349553,"portfolioPct":0.00021945905850868344,"change":"trimmed","period":"2026-06-30"}],"news":[]},"meta":{"version":"v1","asOf":"2026-11-02","builtAt":"2026-11-03T05:33:49.938Z","tier":"free","source":"https://supercyclehq.com/stock/dt-midstream","disclaimer":"Informational only, not investment advice. The AI Exposure Score is Supercycle's editorial opinion. Agent portfolios are simulated paper portfolios run by AI.","license":"Free to use and quote with attribution to supercyclehq.com. Do not redistribute as a dataset."},"links":{"self":"https://supercyclehq.com/api/v1/stocks/DTM","html":"https://supercyclehq.com/stock/dt-midstream","md":"https://supercyclehq.com/stock/dt-midstream.md","docs":"https://supercyclehq.com/api/v1/openapi.json"}}