DTM NYSE
Credit Risk of going bust: lower than 85% of companies Debt: 20.5% of company value Bonds: $189.1M held by 190 funds, 95 bp over Treasuries → details ▾
If the stock fell to about $1.63 (down 99%), DT Midstream, Inc. would be worth roughly what it owes.
Total debt $3.37B against a stock market value of $13.11B.
Distance to default 11.17 (Merton model): prices to 2026-10-27, balance sheet 2026-06-30, debt counted $1.66B (short-term plus half of long-term), stock volatility 22.1%; Altman Z'' 1.84. A ranking and a back-test, not a forecast.
Bond figures are fund-reported marks (SEC N-PORT) as of Jul 2026. How these are computed.
Detroit, MI 48226-1279
US
DT Midstream, Inc. is a U.S.-based company offering a comprehensive suite of natural gas infrastructure and related services. The organization's operations are divided into two primary divisions: Pipeline and Gathering. It is responsible for the development, ownership, and management of an interconnected network of assets. This portfolio includes both interstate and intrastate pipelines, natural gas storage facilities, lateral pipelines, gathering systems, specialized treatment plants, and various compression and surface equipment. The company's core services involve the transportation and storage of natural gas for a wide array of clients, ranging from intermediate users to final consumers. Furthermore, DT Midstream actively gathers natural gas directly from wellheads, channeling it either to processing plants or into gathering and transportation pipelines. Its service offerings extend to include gas compression, dehydration, treatment, comprehensive water management (encompassing impoundment, storage, and transport), and sand mining. DT Midstream caters to a diverse clientele, including natural gas producers, local distribution companies (LDCs), electricity generators, industrial businesses, and national energy marketers. The company was founded in 2021 and has its corporate headquarters situated in Detroit, Michigan.
Recent Insider Trades
| Name | Type | Shares | Price | Date |
|---|---|---|---|---|
| Mehl Garrett Jacob | 0 | — | 2026-09-14 | |
| Mehl Garrett Jacob | 645 | — | 2026-09-14 | |
| Pickle Elaine M | P-Purchase | 1,500 | $132.61 | 2026-08-07 |
| Jewell Jeffrey A | P-Purchase | 145 | $133.78 | 2026-08-05 |
| Jewell Jeffrey A | P-Purchase | 150 | $147.73 | 2026-05-15 |