WallStSmart

DT Midstream Inc (DTM)vsTC Energy Corp (TRP)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

TC Energy Corp generates 1081% more annual revenue ($15.48B vs $1.31B). DTM leads profitability with a 35.7% profit margin vs 22.2%. TRP trades at a lower P/E of 28.4x. TRP earns a higher WallStSmart Score of 55/100 (C).

DTM

Buy

55

out of 100

Grade: C

Growth: 6.0Profit: 8.0Value: 3.7Quality: 5.0
Piotroski: 5/9Altman Z: 1.01

TRP

Buy

55

out of 100

Grade: C

Growth: 4.7Profit: 7.5Value: 3.3Quality: 3.0
Piotroski: 4/9Altman Z: 0.54
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

DTMSignificantly Overvalued (-70.2%)

Margin of Safety

-70.2%

Fair Value

$77.33

Current Price

$131.44

$54.11 premium

UndervaluedFair: $77.33Overvalued
TRPSignificantly Overvalued (-47.6%)

Margin of Safety

-47.6%

Fair Value

$41.26

Current Price

$63.23

$21.97 premium

UndervaluedFair: $41.26Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

DTM3 strengths · Avg: 9.3/10
Profit MarginProfitability
35.7%10/10

Keeps 36 of every $100 in revenue as profit

Operating MarginProfitability
50.4%10/10

Strong operational efficiency at 50.4%

Price/BookValuation
2.8x8/10

Reasonable price relative to book value

TRP4 strengths · Avg: 9.0/10
Operating MarginProfitability
47.5%10/10

Strong operational efficiency at 47.5%

Market CapQuality
$70.52B9/10

Large-cap with strong market position

Profit MarginProfitability
22.2%9/10

Keeps 22 of every $100 in revenue as profit

Free Cash FlowQuality
$1.10B8/10

Generating 1.1B in free cash flow

Areas to Watch

DTM3 concerns · Avg: 3.3/10
P/E RatioValuation
30.3x4/10

Premium valuation, high expectations priced in

EPS GrowthGrowth
4.8%4/10

4.8% earnings growth

Altman Z-ScoreHealth
1.012/10

Distress zone — elevated risk

TRP4 concerns · Avg: 2.5/10
P/E RatioValuation
28.4x4/10

Moderate valuation

PEG RatioValuation
4.402/10

Expensive relative to growth rate

EPS GrowthGrowth
-8.5%2/10

Earnings declined 8.5%

Altman Z-ScoreHealth
0.542/10

Distress zone — elevated risk

Comparative Analysis Report

WallStSmart Research

Bull Case : DTM

The strongest argument for DTM centers on Profit Margin, Operating Margin, Price/Book. Profitability is solid with margins at 35.7% and operating margin at 50.4%. Revenue growth of 11.0% demonstrates continued momentum.

Bull Case : TRP

The strongest argument for TRP centers on Operating Margin, Market Cap, Profit Margin. Profitability is solid with margins at 22.2% and operating margin at 47.5%.

Bear Case : DTM

The primary concerns for DTM are P/E Ratio, EPS Growth, Altman Z-Score.

Bear Case : TRP

The primary concerns for TRP are P/E Ratio, PEG Ratio, EPS Growth. Debt-to-equity of 2.25 is elevated, increasing financial risk.

Key Dynamics to Monitor

TRP carries more volatility with a beta of 0.98 — expect wider price swings.

DTM is growing revenue faster at 11.0% — sustainability is the question.

TRP generates stronger free cash flow (1.1B), providing more financial flexibility.

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

Bottom Line

DTM scores higher overall (55/100 vs 55/100), backed by strong 35.7% margins and 11.0% revenue growth. Both earn "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 premier energy infrastructure company focused on the transportation, storage, and processing of natural gas and natural gas liquids across the United States. Boasting a robust portfolio that includes over 1,000 miles of interstate pipelines and extensive storage facilities, DT Midstream plays a crucial role in ensuring energy reliability while actively pursuing sustainability initiatives. The company’s emphasis on operational excellence and innovative solutions enhances its competitive edge in the evolving energy landscape, presenting a compelling investment opportunity for institutional investors seeking growth in North America's energy sector.

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TC Energy Corp

ENERGY · OIL & GAS MIDSTREAM · USA

TC Energy Corporation is an energy infrastructure company in North America. The company is headquartered in Calgary, Canada.

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