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
Key numbers
- Reported 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 diluted 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 Hold at 5.3/10.
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
- Earnings estimates trending UP
What argues against it
- Concentration risk — Geographic: Midwestern U.S., Eastern Canada, Northeastern U.S. and Gulf Coast
- Thin upside margin: 7.5%
- 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
- $128.86
- Price target
- $138.48
- Stop
- $122.38
- Upside to target
- +7.5%
- Reward-to-risk
- 1.5:1
At 28.3× trailing and 26.3× forward earnings, consensus estimates imply little change in earnings power.
Model outputs from TrendMatrix’s engine as of 2026-09-14 — 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
- $13.15B
- P/E (fwd)
- 26.3
- P/E (ttm)
- 28.3
- 52-week range
- $104.25–$152.88
- Off 52-week high
- 15.7%
- RSI (14)
- 55
- Volume vs avg
- 1.07×
- Score today
- 5.3/10