DT Midstream (DT Midstream) Momentum Rank : 9 (As of Jun. 07, 2024)

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What is DT Midstream Momentum Rank?

DT Midstream has the Momentum Rank of 9.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of DT Midstream's Momentum Rank

For the Oil & Gas Midstream subindustry, DT Midstream's Momentum Rank, along with its competitors' market caps and Momentum Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

DT Midstream's Momentum Rank Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, DT Midstream's Momentum Rank distribution charts can be found below:

* The bar in red indicates where DT Midstream's Momentum Rank falls into.

DT Midstream Momentum Rank Related Terms

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DT Midstream (DT Midstream) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » DT Midstream Inc (NYSE:DTM) » Definitions » Momentum Rank

Comparable Companies

ENLC FRO AM ETRN PAGP STNG CEQP HEP INSW GLNG TSX:ENB EPD WMB ET LNG OKE KMI MPLX TSX:TRP CQP

Traded in Other Exchanges

N/A

Address

500 Woodward Avenue, Suite 2900, Detroit, MI, USA, 48226-1279

Website

https://www.dtmidstream.com

DT Midstream Inc is an owner, operator, and developer of natural gas midstream interstate and intrastate pipelines; storage and gathering systems; and compression, treatment, and surface facilities. It provides multiple, integrated natural gas services to customers through interstate pipelines, intrastate pipelines, storage systems, lateral pipelines and related treatment plants and compression and surface facilities, and gathering systems and related treatment plants and compression and surface facilities. The segments of the group are Pipeline and Gathering. It generates revenue from pipeline, storage, and gathering systems, substantially all of which are located in the Midwestern U.S., Eastern Canada, Northeastern U.S., and Gulf Coast regions.

Executives

Jeffrey A Jewell	officer: Executive V.P., CFO	ONE ENERGY PLAZA, DETROIT MI 48226
Peter I Tumminello	director	TEN PEACHTREE PLACE, ATLANTA GA 30309
Skaggs Robert C Jr	director, officer: Executive Chairman	5151 SAN FELIPE, SUITE 2500, HOUSTON TX 77056
Elaine M Pickle	director	ONE ENERGY PLAZA, DETROIT MI 48226
David Slater	director, officer: President and CEO	ONE ENERGY PLAZA, DETROIT MI 48226
Angela N Archon	director	294 ROUTE 100, BUILDING 1, SOMERS NY 10589
Melissa Cox	officer: Sr. VP Admin.	500 WOODWARD AVE, SUITE 2900, DETROIT MI 48226
Wright Iii Lassiter	director	500 PLAZA DRIVE, C/O QUEST DIAGNOSTICS, SECAUCUS NJ 07094
Dwayne Andree Wilson	director	6700 LAS COLINAS BOULEVARD, IRVING TX 75039
Stephen W Baker	director	5400 WESTHEIMER COURT, HOUSTON TX 77056
Redmond Richard L Jr	officer: E.V.P., Chief Admin. Off.	ONE ENERGY PLAZA, DETROIT MI 48226
Wendy Ellis	officer: E.V.P., Gen Counsel & Corp Sec	ONE ENERGY PLAZA, 1610 WCB, DETROIT MI 48226
Christopher Zona	officer: E.V.P., Chief Oper. Off.	ONE ENERGY PLAZA, DETROIT MI 48226
Dte Energy Co	10 percent owner	ONE ENERGY PLAZA, DETROIT MI 48226