DT Midstream (DTM) Q2 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
- $1.09
- Estimate
- $1.15
- Surprise
- -4.8%
- Revenue (period 2026-06-30)
- $343.0M
- Score at report (before → after)
- 5.4 → 5.6/10
Revenue source: xbrl.
How the report landed
DT Midstream (DTM) missed the $1.15 estimate with adjusted EPS of $1.09 — a clear 4.8% shortfall. TrendMatrix's engine moved from Buy (Wait) (5.4/10) to Sell at 5.6/10 after the report — the engine's score rose despite the miss.
Where TrendMatrix's rating stands now
TrendMatrix currently rates DTM Buy (Wait) at 5.5/10.
2 of the last 4 quarters beat the estimate; this quarter's -4.8% surprise compares with a +2.4% four-quarter average. Next scheduled report: 2026-10-29.
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: 8.0%
- Earnings today - binary event risk
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
- $124.80
- Entry target
- $121.28
- Price target
- $134.76
- Stop
- $114.24
- Upside to target
- +8.0%
- Reward-to-risk
- 1.1:1
At 27.3× trailing and 24.9× forward earnings, consensus estimates imply little change in earnings power.
Risk check: trading volume is running 1.7× its average — elevated turnover around the report window.
Model outputs from TrendMatrix’s engine as of 2026-10-29 — 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
- $12.73B
- P/E (fwd)
- 24.9
- P/E (ttm)
- 27.3
- 52-week range
- $105.65–$152.88
- Off 52-week high
- 18.4%
- RSI (14)
- 52
- Volume vs avg
- 1.67×
- Score today
- 5.5/10