DT Midstream, Inc.
Close on Oct 19, 2026
- Market cap
- $12.57B
- P/E (TTM)
- 26.8
- Dividend yield
- 2.68%
About DT Midstream
Natural Gas Transmission, SIC 4922
DT Midstream, Inc. is an energy company that provides natural gas gathering, transmission, and storage services. The company conducts its operations through two primary reporting segments: the Gathering segment and the Pipeline segment. Its infrastructure assets collect natural gas directly from shale basins—such as the Marcellus, Utica, and Haynesville formations—and treat, process, and transport gas supplies across regional pipeline networks and interstate connections. DT Midstream's primary customers include natural gas exploration and production companies, such as Expand Energy Corporation, as well as regional utilities, gas-fired power plants, and industrial end-users across key demand markets.
The company operates an extensive network of gathering lines and interstate pipelines across several states, including Michigan, Pennsylvania, West Virginia, Ohio, Louisiana, Texas, Minnesota, Wisconsin, and North Dakota, as well as pipeline links extending toward Ontario, Canada. Its assets include the Washington 10 Storage Complex in Michigan offering 94 billion cubic feet of capacity. DT Midstream maintains its principal executive offices in Detroit, Michigan.
Summary of the business section of DT Midstream's latest annual report, written by StockData.
Company profile
Company
- Legal name
- DT Midstream, Inc.
- Founded
- 2021
- Headquarters
- Detroit, MI
- Address
- 500 Woodward Avenue, Suite 2900 48226-1279
- Phone
- (313) 402-8532
- Website
- dtmidstream.com
- Employees
- 588, Dec 31, 2025
- Industry
- Natural Gas Transmission
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- PricewaterhouseCoopers LLP, Detroit, Michigan
Stock & identifiers
- Ticker
- DTM
- Exchange
- NYSE
- Shares outstanding
- 102M, Jun 30, 2026
- Public float
- $11.00B, Jun 30, 2025
- Filer category
- Large accelerated filer
- SEC CIK
- 1842022
- CUSIP
- 23345M107
- ISIN
- US23345M1071
- EIN
- 38-2663964
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Garrett Jacob Mehl | Sr. VP, Proj. Execution & Ops. | 0 |
| Jeffrey A. Jewell | Executive V.P., CFO | 89,877 |
| Joseph Peter Finland | Chief Accounting Officer | 2,069 |
| David Slater | Exec. Chair and CEO | 262,972 |
| Wendy Ellis | E.V.P., Gen Counsel & Corp Sec | 26,773 |
| Christopher Zona | President and Chief Oper. Off. | 112,944 |
| Melissa Cox | E.V.P., Chief Admin. Off. | 17,373 |
| Elaine M. Pickle | Director | 5,808 |
| Peter I. Tumminello | Director | 11,386 |
| Stephen W. Baker | Director | 2,808 |
| Robert C. Skaggs Jr | Director | 38,653 |
| Angela N. Archon | Director | 6,073 |
| Dwayne Andree Wilson | Director | 2,808 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 | $9.33M | $25.16M | $2.57M | $348 | $206 |
| FY2024 | $9.05M | $41.72M | $2.88M | $280 | $197 |
| FY2023 | $7.97M | $6.64M | $2.17M | $148 | $136 |
| FY2022 | $6.82M | $8.60M | $1.80M | $142 | $119 |
| FY2021 | $6.49M | $8.55M | $3.07M | $117 | $98 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“We currently employ 588 employees, all of whom are employed full-time, exclusive of our student intern program.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Dec 31, 2024 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| May 7, 2021 | Spin-off | Registration as a new public company (Form 10), e.g. spin-off |