DCP Midstream

DCP Midstream LP engages in the business of gathering, compressing, treating, processing, transporting, storing and selling natural gas. It operates through the following segments: Logistics and Marketing and Gathering and Processing. The Logistics and Marketing segment includes transporting, trading, marketing and storing natural gas and NGLs and fractionating NGLs. The Gathering and Processing segment consists of gathering, compressing, treating and processing natural gas, producing and fractionating NGLs and recovering condensate. The company was founded in August 2005 and is headquartered in Denver, CO.

Earnings data Q2 2024

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DCP Midstream is an energy company that connects growing resources to expanding markets. The DCP Midstream enterprise is the largest producer of NGLs and natural gas processing company in the U.S. In fact, they gather and/or process about 12% of their nation’s gas supply.

DENVER, June 07, 2021 (GLOBE NEWSWIRE) -- DCP Midstream, LP (NYSE: DCP) announced that Sean O'Brien, group vice president and chief financial officer will conduct a series of virtual one-on-one and small group meetings with investment community representatives at the Bank of America 2021 Energy Credit Conference on June 9, 2021. The materials used at this conference will be posted to the Investors section of DCP Midstream's website at www.dcpmidstream.com on June 8, 2021.

DCP Midstream to Participate in Bank of America 2021 Energy Credit Conference

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As the financial implications of COVID worsened in early 2020, midstream yields increased to peak levels due to overall weak equity performance, and multiple midstream corporations and MLPs cut their dividends by 50% or more, though cuts were biased to smaller names in the space. Since then, dividends have remained mostly stable each quarter, which allowed yields to moderate to more sustainable levels as equity prices continued to improve.

Midstream Income Opportunities: Dividends Resilient Throughout Recent Quarters

DCP Midstream Partners, LP (DCP) reported earnings 30 days ago. What's next for the stock?

Why Is DCP Midstream Partners, LP (DCP) Up 8.3% Since Last Earnings Report?

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DCP Midstream (DCP) keeps its 2021 financial guidance unchanged despite facing several negative impacts in the first quarter.

DCP Midstream (DCP) Units Rise 6.5% Since Q1 Earnings Miss

DCP Midstream's (DCP) CEO Wouter van Kempen on Q1 2021 Results - Earnings Call Transcript

DENVER, April 29, 2021 (GLOBE NEWSWIRE) -- DCP Midstream, LP (NYSE: DCP) announced that Wouter van Kempen, chairman, president, and chief executive officer and Sean O'Brien, group vice president and chief financial officer will conduct a series of virtual one-on-one and small group meetings with investment community representatives at the 2021 EIC Investor Conference on May 20, 2021. The materials used at this conference will be posted to the Investors section of DCP Midstream's website at www.dcpmidstream.com on May 19, 2021.

DCP Midstream to Participate in 2021 EIC Investor Conference

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DENVER, April 15, 2021 (GLOBE NEWSWIRE) -- DCP Midstream, LP (NYSE: DCP) will host a conference call to discuss its first quarter 2021 earnings at 10:00 a.m. ET on Thursday, May 6, 2021, which will be released after the New York Stock Exchange closes for trading on Wednesday, May 5, 2021.

DCP Midstream to Host Conference Call on May 6 to Discuss First Quarter 2021 Financial Results

Given the free cash flow DCP is generating, it is a steal at $22. Compared to similar names, DCP needs relatively little in CAPEX to sustain its cash flow.

DCP Midstream - It's A Steal At $22

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DCP Midstream has an impressive portfolio of assets that support strong EBITDA and DCF equivalent to >15% of its market cap.

DCP Midstream: Our Best Investment Keeps Getting Better

It has been a while since providing an analysis on DCP Midstream with their distributions previously being determined risky during the middle of 2020 and the Covid-19 economic downturn. Fast forward to early 2021 and sadly their high distribution yield of almost 7% still appears risky.

DCP Midstream: Sorry, But That 7% Yield Is Still Fundamentally Risky

DENVER, March 18, 2021 (GLOBE NEWSWIRE) -- DCP Midstream, LP (NYSE: DCP) announced that Wouter van Kempen, chairman, president, and chief executive officer and Sean O'Brien, group vice president and chief financial officer will conduct a series of virtual one-on-one and small group meetings with investment community representatives at the Truist Securities 4th Annual Utilities, Midstream & Alternative Energy Summit on March 25, 2021.

DCP Midstream to Participate in Truist Securities 4th Annual Utilities, Midstream & Alternative Energy Summit

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Are Investors Undervaluing DCP Midstream Partners, LP (DCP) Right Now?

Let's see if DCP Midstream (DCP) stock is a good choice for value-oriented investors right now from multiple angles.

Should Value Investors Choose DCP Midstream (DCP) Stock?

Why Is DCP Midstream Partners, LP (DCP) Up 22.8% Since Last Earnings Report?

DENVER, Feb. 19, 2021 (GLOBE NEWSWIRE) -- DCP Midstream, LP (NYSE: DCP) has filed its Form 10-K for the fiscal year ended December 31, 2020 with the Securities and Exchange Commission. A copy of the Form 10-K, which contains our audited financial statements, is available on the investor section of our website at www.dcpmidstream.com. Investors may request a hardcopy of the Form 10-K free of charge by sending a request to the office of the Corporate Secretary of DCP Midstream at 370 17th Street, Suite 2500, Denver, Colorado 80202.

DCP Midstream Files Form 10-K for Fiscal Year 2020

DCP Midstream, LP (DCP) CEO Wouter van Kampen on Q4 2020 Results - Earnings Call Transcript

DCP Midstream's (DCP) excess free cash flow is likely to rise more than 60% in 2021.

DCP Midstream (DCP) Q4 Earnings Miss on Lower Guadalupe Profits

DENVER, Feb. 10, 2021 (GLOBE NEWSWIRE) -- Today, DCP Midstream, LP (NYSE: DCP) reported its financial results for the quarter and year ended December 31, 2020.

DCP Midstream Reports Fourth Quarter Results and Announces 2021 Guidance

DCP Midstream remains flexible in generating free cash flows to fund consistent dividend payments, paying off debts, and funding growth capital spending and distribution. Year to date total capital, including sustaining and growth capital, has been reduced to 71% compared to FY 2019.

DCP Midstream: A Fueled Vehicle Ready For Take-Off

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Is DCP Midstream Partners, (DCP) Stock Outpacing Its Oils-Energy Peers This Year?

DCP Midstream earned the ire of investors last year when it slashed its distribution, even though it did not actually need to. The company enjoys reasonably stable cash flows that are not affected too much by fluctuations in commodity prices.

DCP Midstream: Unloved, But This 7.4%-Yielder Has Potential

News for DCP Midstream Stock (DCP)