DT Midstream, Inc. Overview
Pro stress-test →DT Midstream is an owner, operator, and developer of natural gas interstate and intrastate pipelines, storage and gathering systems across the Southern, Northeastern, and Midwestern United States and Canada. The company provides integrated midstream services including transportation, storage, gathering, compression, treatment, and surface facilities for major energy stakeholders.
Strategic Profile
Pro stress-test →Operating through Pipeline and Gathering segments, DT Midstream benefits from stable, regulated midstream revenues with long-term contracts. The company has demonstrated growth capability through recent acquisitions including Guardian, Midwestern and Viking Gas Transmission Pipelines for $1.2 billion in late 2024, expanding its regulated asset base.
Competitive Landscape
Pro stress-test →DT Midstream competes in the Oil & Gas Midstream sector alongside major players including Targa Resources (TRGP, $38.4B market cap), Cheniere Energy Partners (CQP, $25.6B), Plains GP Holdings (PAGP, $4.5B), Antero Midstream (AM, $8.3B), and Kinetik Holdings (KNTK, $2.3B). The company's $11.9B market cap positions it as a mid-to-large tier midstream operator with exposure to natural gas infrastructure rather than LNG export.
Industry Context
DT Midstream, Inc. operates in Oil & Gas Midstream.
Key facts
Founded: 2021 · Headquarters: Detroit, Michigan · Revenue: $981M (2024) · Market cap: $11.9B