Richard Redmond - DT Midstream Insider

DTM Stock  USD 66.04  0.71  1.06%   

Insider

Richard Redmond is Executive Vice President Chief Administrative Officer of DT Midstream
Age 64
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 0.0335 % which means that on every $100 spent on assets, it made $0.0335 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0973 %, implying that it generated $0.0973 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 May 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 May 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.
The company 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. Debt can assist DT Midstream until it has trouble settling it off, either with new capital or with free cash flow. So, DT Midstream's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like DT Midstream sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for DTM to invest in growth at high rates of return. When we think about DT Midstream's use of debt, we should always consider it together with cash and equity.

Similar Executives

Showing other executives

INSIDER Age

Gregory ArmstrongPlains All American
66
Jane RoweEnbridge
61
Jonathan MorganEnbridge
N/A
Suzanne GagleMPLX LP
58
David WhikehartMPLX LP
60
Brian ParteeMPLX LP
50
Rick HesslingMPLX LP
57
Al MonacoEnbridge
64
C HagedornMPLX LP
44
Kristina KazarianMPLX LP
41
J SymondsPlains All American
78
Lawrence ZiembaPlains All American
63
Thomas KaczynskiMPLX LP
59
Laura SayavedraEnbridge
57
Patrick MurrayEnbridge
48
S RoweEnbridge
61
QC LLBEnbridge
65
Kevin McCarthyPlains All American
60
Guardie BanisterEnbridge
63
Mayank AsharEnbridge
65
Kelly WrightMPLX LP
41
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.

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as DT Midstream using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
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 tightly coupled 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 Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.

Complementary Tools for DTM Stock analysis

When running DT Midstream's price analysis, check to measure DT Midstream's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy DT Midstream is operating at the current time. Most of DT Midstream's value examination focuses on studying past and present price action to predict the probability of DT Midstream's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DT Midstream's price. Additionally, you may evaluate how the addition of DT Midstream to your portfolios can decrease your overall portfolio volatility.
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Is DT Midstream's industry 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
0.183
Dividend Share
2.805
Earnings Share
4.09
Revenue Per Share
9.716
Quarterly Revenue Growth
0.091
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.