Wright Lassiter - DT Midstream Lead Independent Director

DTM Stock  USD 108.41  5.68  5.53%   

Insider

Wright Lassiter is Lead Independent Director of DT Midstream
Age 57
Address 500 Woodward Avenue, Detroit, MI, United States, 48226-1279
Phone313 402 8532
Webhttps://www.dtmidstream.com

DT Midstream Management Efficiency

The company has Return on Asset of 0.0355 % which means that on every $100 spent on assets, it made $0.0355 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0968 %, implying that it generated $0.0968 on every 100 dollars invested. DT Midstream's management efficiency ratios could be used to measure how well DT Midstream manages its routine affairs as well as how well it operates its assets and liabilities. As of the 22nd of November 2024, Return On Capital Employed is likely to grow to 0.08, while Return On Tangible Assets are likely to drop 0.04. At this time, DT Midstream's Total Assets are very stable compared to the past year. As of the 22nd of November 2024, Non Current Assets Total is likely to grow to about 8.9 B, while Other Assets are likely to drop about 33.2 M.
DT Midstream has 3.27 B in debt with debt to equity (D/E) ratio of 0.76, which is OK given its current industry classification. DT Midstream has a current ratio of 2.8, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for DTM to invest in growth at high rates of return.

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DT Midstream, Inc. provides integrated natural gas services in the United States. The company was incorporated in 2021 and is headquartered in Detroit, Michigan. Dt Midstream operates under Oil Gas Midstream classification in the United States and is traded on New York Stock Exchange. It employs 280 people. DT Midstream (DTM) is traded on New York Stock Exchange in USA. It is located in 500 Woodward Avenue, Detroit, MI, United States, 48226-1279 and employs 402 people. DT Midstream is listed under Oil & Gas Storage & Transportation category by Fama And French industry classification.

Management Performance

DT Midstream Leadership Team

Elected by the shareholders, the DT Midstream's board of directors comprises two types of representatives: DT Midstream inside directors who are chosen from within the company, and outside directors, selected externally and held independent of DTM. The board's role is to monitor DT Midstream's management team and ensure that shareholders' interests are well served. DT Midstream's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, DT Midstream's outside directors are responsible for providing unbiased perspectives on the board's policies.
Richard Redmond, Executive Vice President Chief Administrative Officer
Dwayne Wilson, Independent Director
David Slater, President, Chief Executive Officer, Director
Robert Skaggs, Executive Chairman of the Board
Wright Lassiter, Lead Independent Director
Stephen Baker, Independent Director
Todd Lohrmann, Director Relations
Jeffrey Jewell, Chief Financial Officer, Executive Vice President
Melissa Cox, Senior Administration
Elaine Pickle, Independent Director
Peter Tumminello, Independent Director
Christopher Zona, Chief Operating Officer, Executive Vice President
Wendy Ellis, Executive Vice President General Counsel, Corporate Secretary

DTM Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is DT Midstream a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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When determining whether DT Midstream is a strong investment it is important to analyze DT Midstream's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact DT Midstream's future performance. For an informed investment choice regarding DTM Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DT Midstream. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
To learn how to invest in DTM Stock, please use our How to Invest in DT Midstream guide.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of DT Midstream. If investors know DTM will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about DT Midstream listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.04)
Dividend Share
2.895
Earnings Share
4.11
Revenue Per Share
10.057
Quarterly Revenue Growth
0.06
The market value of DT Midstream is measured differently than its book value, which is the value of DTM that is recorded on the company's balance sheet. Investors also form their own opinion of DT Midstream's value that differs from its market value or its book value, called intrinsic value, which is DT Midstream's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because DT Midstream's market value can be influenced by many factors that don't directly affect DT Midstream's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between DT Midstream's value and its price as these two are different measures arrived at by different means. Investors typically determine if DT Midstream is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DT Midstream's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.