WallStSmart

DT Midstream Inc (DTM)vsEnergy Transfer LP (ET)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Energy Transfer LP generates 6781% more annual revenue ($85.54B vs $1.24B). DTM leads profitability with a 35.5% profit margin vs 5.2%. ET trades at a lower P/E of 15.9x. DTM earns a higher WallStSmart Score of 65/100 (B-).

DTM

Strong Buy

65

out of 100

Grade: B-

Growth: 8.7Profit: 8.0Value: 8.3Quality: 6.0
Piotroski: 2/9

ET

Buy

63

out of 100

Grade: C+

Growth: 4.0Profit: 5.5Value: 7.3Quality: 5.0
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

DTMUndervalued (+34.6%)

Margin of Safety

+34.6%

Fair Value

$201.24

Current Price

$136.15

$65.09 discount

UndervaluedFair: $201.24Overvalued
ETSignificantly Overvalued (-121.3%)

Margin of Safety

-121.3%

Fair Value

$8.23

Current Price

$19.14

$10.91 premium

UndervaluedFair: $8.23Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

DTM6 strengths · Avg: 9.0/10
Profit MarginProfitability
35.5%10/10

Keeps 36 of every $100 in revenue as profit

Operating MarginProfitability
49.2%10/10

Strong operational efficiency at 49.2%

Debt/EquityHealth
0.0110/10

Conservative balance sheet, low leverage

Price/BookValuation
2.9x8/10

Reasonable price relative to book value

Revenue GrowthGrowth
27.3%8/10

Revenue surging 27.3% year-over-year

EPS GrowthGrowth
47.1%8/10

Earnings expanding 47.1% YoY

ET5 strengths · Avg: 8.2/10
Market CapQuality
$66.09B9/10

Large-cap with strong market position

PEG RatioValuation
0.648/10

Growing faster than its price suggests

P/E RatioValuation
15.9x8/10

Attractively priced relative to earnings

Price/BookValuation
2.1x8/10

Reasonable price relative to book value

Revenue GrowthGrowth
29.6%8/10

Revenue surging 29.6% year-over-year

Areas to Watch

DTM2 concerns · Avg: 3.5/10
P/E RatioValuation
32.0x4/10

Premium valuation, high expectations priced in

Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

ET3 concerns · Avg: 2.3/10
Profit MarginProfitability
5.2%3/10

5.2% margin — thin

EPS GrowthGrowth
-15.2%2/10

Earnings declined 15.2%

Free Cash FlowQuality
$-225.00M2/10

Negative free cash flow — burning cash

Comparative Analysis Report

WallStSmart Research

Bull Case : DTM

The strongest argument for DTM centers on Profit Margin, Operating Margin, Debt/Equity. Profitability is solid with margins at 35.5% and operating margin at 49.2%. Revenue growth of 27.3% demonstrates continued momentum.

Bull Case : ET

The strongest argument for ET centers on Market Cap, PEG Ratio, P/E Ratio. Revenue growth of 29.6% demonstrates continued momentum. PEG of 0.64 suggests the stock is reasonably priced for its growth.

Bear Case : DTM

The primary concerns for DTM are P/E Ratio, Piotroski F-Score.

Bear Case : ET

The primary concerns for ET are Profit Margin, EPS Growth, Free Cash Flow.

Key Dynamics to Monitor

DTM carries more volatility with a beta of 0.78 — expect wider price swings.

ET is growing revenue faster at 29.6% — sustainability is the question.

DTM generates stronger free cash flow (45M), providing more financial flexibility.

Monitor OIL & GAS MIDSTREAM industry trends, competitive dynamics, and regulatory changes.

Bottom Line

DTM scores higher overall (65/100 vs 63/100), backed by strong 35.5% margins and 27.3% revenue growth. Both earn "Strong Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

DT Midstream Inc

ENERGY · OIL & GAS MIDSTREAM · USA

DT Midstream Inc. is a prominent energy infrastructure company focused on the transportation and storage of natural gas and natural gas liquids across the United States. With a robust portfolio that includes interstate pipelines, storage assets, and processing facilities, the company plays a critical role in facilitating reliable energy distribution and enhancing sustainability within the sector. Committed to operational excellence and strategic innovation, DT Midstream is well-equipped to adapt to the evolving energy market, making it an attractive investment for institutional investors seeking exposure to the North American energy landscape.

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Energy Transfer LP

ENERGY · OIL & GAS MIDSTREAM · USA

Energy Transfer LP offers energy related services. The company is headquartered in Dallas, Texas.

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