CVX vs. DTM: Chevron vs. DT Midstream Stock Comparison
How do Chevron (CVX) and DT Midstream (DTM) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Chevron (CVX) and DT Midstream (DTM) both belong to the Oil, Gas & Consumable Fuels industry, though CVX is classified under Integrated Oil & Gas while DTM falls under Oil & Gas Storage & Transportation.
Chevron (CVX) has more than two decades of public-market history since January 2, 1962, whereas DT Midstream (DTM) listed on July 1, 2021 and has a much shorter record to draw on.
| Profile Item | CVX | DTM |
|---|---|---|
| Name | Chevron Corporation | DT Midstream, Inc. |
| Country/Region | United States | United States |
| GICS Sector | Energy | Energy |
| GICS Industry Group | Energy | Energy |
| GICS Industry | Oil, Gas & Consumable Fuels | Oil, Gas & Consumable Fuels |
| GICS Sub-Industry | Integrated Oil & Gas | Oil & Gas Storage & Transportation |
| Market Capitalization | 414.86 billion USD | 11.60 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | January 2, 1962 | July 1, 2021 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | CVX | DTM |
|---|---|---|
| Total Return (1Y) | 42.24% | 4.08% |
| Total Return (3Y, Annualized) | 19.22% | 32.58% |
| Total Return (5Y, Annualized) | 17.45% | 23.68% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | CVX | DTM |
|---|---|---|
| Volatility (1Y, Annualized) | 24.66% | 23.13% |
| Beta (5Y) | 0.50 | 0.75 |
| Max Drawdown (5Y) | -24.95% | -24.59% |
| Avg. Volume (3M) | 8.39M | 983.33K |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | CVX | DTM |
|---|---|---|
| Sharpe Ratio (1Y) | 1.54 | -0.01 |
| Sortino Ratio (1Y) | 2.26 | -0.01 |
Profitability
ROE (TTM)
Both Chevron (CVX) at 13.85% and DT Midstream (DTM) at 9.92% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.
CVX
Energy industry group
13.85%
- Max
- 53.85%
- Q3
- 24.79%
- CVX
- 13.85%
- Median
- 12.85%
- Q1
- 2.03%
- Min
- -29.09%
DTM
Energy industry group
9.92%
- Max
- 53.85%
- Q3
- 24.79%
- Median
- 12.85%
- DTM
- 9.92%
- Q1
- 2.03%
- Min
- -29.09%
Net Margin (TTM)
DT Midstream (DTM) at 35.36% retains a top-quartile share of revenue as profit, ahead of Chevron (CVX) at 11.92%, which keeps about the industry-typical share.
CVX
Energy industry group
11.92%
- Max
- 56.92%
- Q3
- 22.92%
- CVX
- 11.92%
- Median
- 10.10%
- Q1
- 0.07%
- Min
- -27.38%
DTM
Energy industry group
35.36%
- Max
- 56.92%
- DTM
- 35.36%
- Q3
- 22.92%
- Median
- 10.10%
- Q1
- 0.07%
- Min
- -27.38%
Operating Margin (TTM)
DT Midstream (DTM) at 49.11% operates in the top operating margin quartile, ahead of Chevron (CVX) at 17.89%, which runs around its industry’s norm.
CVX
Energy industry group
17.89%
- Max
- 71.31%
- Q3
- 33.75%
- Median
- 18.73%
- CVX
- 17.89%
- Q1
- 6.94%
- Min
- -24.52%
DTM
Energy industry group
49.11%
- Max
- 71.31%
- DTM
- 49.11%
- Q3
- 33.75%
- Median
- 18.73%
- Q1
- 6.94%
- Min
- -24.52%
Profitability Metrics
| Metric | CVX | DTM |
|---|---|---|
| ROE (TTM) | 13.85% | 9.92% |
| ROA (TTM) | 6.47% | 4.05% |
| Net Margin (TTM) | 11.92% | 35.36% |
| Operating Margin (TTM) | 17.89% | 49.11% |
| Gross Margin (TTM) | 44.39% | 75.38% |
Growth
Revenue Growth
DT Midstream (DTM) at 26.71% sits in the top revenue growth quartile, while Chevron (CVX) at -4.64% is closer to the peer norm — faster top-line expansion for DTM.
EPS Growth
Both Chevron (CVX) at -31.79% and DT Midstream (DTM) at 19.44% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | CVX | DTM |
|---|---|---|
| Revenue Growth (YoY) | -4.64% | 26.71% |
| Revenue Growth (3Y CAGR) | -7.85% | 10.55% |
| EPS Growth (YoY) | -31.79% | 19.44% |
| EPS Growth (3Y CAGR) | -28.69% | 4.12% |
Financial Strength
Current Ratio (MRQ)
Both Chevron (CVX) at 1.34 and DT Midstream (DTM) at 1.16 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.
CVX
Energy industry group
1.34
- Max
- 3.64
- Q3
- 2.21
- Median
- 1.41
- CVX
- 1.34
- Q1
- 0.88
- Min
- 0.24
DTM
Energy industry group
1.16
- Max
- 3.64
- Q3
- 2.21
- Median
- 1.41
- DTM
- 1.16
- Q1
- 0.88
- Min
- 0.24
Debt / Equity (MRQ)
Chevron (CVX) at 0.17 keeps leverage in the lower industry quartile, while DT Midstream (DTM) at 0.67 runs a more typical debt-to-equity mix.
CVX
Energy industry group
0.17
- Max
- 1.75
- Q3
- 0.93
- Median
- 0.54
- Q1
- 0.30
- CVX
- 0.17
- Min
- 0.00
DTM
Energy industry group
0.67
- Max
- 1.75
- Q3
- 0.93
- DTM
- 0.67
- Median
- 0.54
- Q1
- 0.30
- Min
- 0.00
Financial Strength Metrics
| Metric | CVX | DTM |
|---|---|---|
| Current Ratio (MRQ) | 1.34 | 1.16 |
| Debt / Equity (MRQ) | 0.17 | 0.67 |
| Net Debt / EBITDA | 0.36 | 3.30 |
Dividends
Dividend Yield (TTM)
Both Chevron (CVX) at 3.31% and DT Midstream (DTM) at 3.07% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.
CVX
Energy industry group
3.31%
- Max
- 8.57%
- Q3
- 3.58%
- CVX
- 3.31%
- Median
- 1.71%
- Q1
- 0.00%
- Min
- 0.00%
DTM
Energy industry group
3.07%
- Max
- 8.57%
- Q3
- 3.58%
- DTM
- 3.07%
- Median
- 1.71%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Chevron (CVX) at 51.76% pays out a band-typical share of earnings, while DT Midstream (DTM) at 75.38% distributes more than its industry norm — less retained, thinner cover.
CVX
Energy industry group
51.76%
- Max
- 133.24%
- Q3
- 53.31%
- CVX
- 51.76%
- Median
- 25.24%
- Q1
- 0.00%
- Min
- 0.00%
DTM
Energy industry group
75.38%
- Max
- 133.24%
- DTM
- 75.38%
- Q3
- 53.31%
- Median
- 25.24%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | CVX | DTM |
|---|---|---|
| Dividend Yield (TTM) | 3.31% | 3.07% |
| Dividend Payout Ratio (TTM) | 51.76% | 75.38% |
Valuation
P/E Ratio (TTM)
Chevron (CVX) at 15.61 is near its industry’s usual P/E ratio, while DT Midstream (DTM) at 24.76 sits in the richer quartile — DTM needs stronger growth or earnings quality to justify the premium.
CVX
Energy industry group
15.61
- Max
- 39.54
- Q3
- 21.72
- CVX
- 15.61
- Median
- 12.19
- Q1
- 7.71
- Min
- 2.99
DTM
Energy industry group
24.76
- Max
- 39.54
- DTM
- 24.76
- Q3
- 21.72
- Median
- 12.19
- Q1
- 7.71
- Min
- 2.99
P/S Ratio (TTM)
Chevron (CVX) at 1.83 prices around its industry’s typical P/S ratio, while DT Midstream (DTM) at 8.70 clears its benchmark range — DTM looks notably rich on sales.
CVX
Energy industry group
1.83
- Max
- 5.40
- Q3
- 2.85
- CVX
- 1.83
- Median
- 1.69
- Q1
- 0.88
- Min
- 0.00
DTM
Energy industry group
8.70
- DTM
- 8.70
- Max
- 5.40
- Q3
- 2.85
- Median
- 1.69
- Q1
- 0.88
- Min
- 0.00
P/B Ratio (MRQ)
Chevron (CVX) at 2.13 is valued about in line with its industry on P/B ratio, while DT Midstream (DTM) at 2.41 carries an above-peer premium to book — DTM is pricier on assets.
CVX
Energy industry group
2.13
- Max
- 4.21
- Q3
- 2.38
- CVX
- 2.13
- Median
- 1.51
- Q1
- 1.08
- Min
- 0.01
DTM
Energy industry group
2.41
- Max
- 4.21
- DTM
- 2.41
- Q3
- 2.38
- Median
- 1.51
- Q1
- 1.08
- Min
- 0.01
Valuation Metrics
| Metric | CVX | DTM |
|---|---|---|
| P/E Ratio (TTM) | 15.61 | 24.76 |
| P/S Ratio (TTM) | 1.83 | 8.70 |
| P/B Ratio (MRQ) | 2.13 | 2.41 |
| Free Cash Flow Yield (TTM) | 6.28% | 2.27% |