DT Midstream Inc

NYSE DTM

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DT Midstream Inc Net Operating Profit After Tax (NOPAT) 3 year CAGR for the quarter ending March 31, 2024: 2.30%

DT Midstream Inc Net Operating Profit After Tax (NOPAT) 3 year CAGR is 2.30% for the quarter ending March 31, 2024. Net Operating Profit After Taxes (NOPAT) is a financial metric that represents a company's operating profit after deducting taxes. It is calculated by multiplying the earnings before interest and taxes (EBIT) by (1 - tax rate). NOPAT provides insights into the company's profitability from its core operations while accounting for the impact of taxes. It is useful for assessing the company's operating performance and comparing profitability across different tax environments. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • DT Midstream Inc Net Operating Profit After Tax (NOPAT) for the quarter ending March 31, 2023 was 142,731,707.32, a -0.96% change year over year.
  • DT Midstream Inc Net Operating Profit After Tax (NOPAT) for the quarter ending March 31, 2022 was 144,110,091.74, a 13.54% change year over year.
  • DT Midstream Inc Net Operating Profit After Tax (NOPAT) for the quarter ending March 31, 2021 was 126,927,835.05, a 5.23% change year over year.
  • DT Midstream Inc Net Operating Profit After Tax (NOPAT) for the quarter ending March 31, 2020 was 120,620,000.00.
NYSE: DTM

DT Midstream Inc

CEO Mr. Robert C. Skaggs Jr.
IPO Date July 1, 2021
Location United States
Headquarters 500 Woodward Avenue, Detroit, MI, United States, 48226-1279
Employees 402
Sector Energy
Industry Oil & gas midstream
Description

DT Midstream, Inc., together with its subsidiaries, provides integrated natural gas services in the United States. The company operates through two segments, Pipeline and Gathering. The Pipeline segment owns and operates interstate and intrastate natural gas pipelines, storage systems, and natural gas gathering lateral pipelines. This segment also engages in the transportation and storage of natural gas for intermediate and end-user customers. The Gathering segment owns and operates gas gathering systems. This segment is involved in the collection of natural gas for delivery to plants for treating, to gathering pipelines for further gathering, or to pipelines for transportation; and provision of associated ancillary services, including compression, dehydration, gas treatment, water impoundment, water transportation, water disposal, and sand mining. It serves natural gas producers, local distribution companies, electric power generators, industrials, and national marketers. The company was incorporated in 2021 and is headquartered in Detroit, Michigan.

StockViz Staff

September 19, 2024

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