DCP Midstream, LP, together with its subsidiaries, owns, operates, acquires, and develops a portfolio of midstream energy assets in the United States. The company operates in two segments, Gathering and Processing, and Logistics and Marketing. The Gathering and Processing segment is involved in gathering, compressing, treating, and processing natural gas; producing and fractionating natural gas liquids (NGLs); and recovering condensate. The Logistics and Marketing segment engages in transporting, trading, marketing, and storing natural gas and NGLs; fractionating NGLs; and wholesale propane logistics. As of February 13, 2018, it owned and operated approximately 60 plants and 63,000 miles of natural gas and NGLs pipelines with operations in 17 states. The company serves petrochemical and refining companies, and retail propane distributors. DCP Midstream GP, LP serves as the general partner of the company. The company was formerly known as DCP Midstream Partners, LP and changed its name to DCP Midstream, LP in January 2017. DCP Midstream, LP was founded in 2005 and is headquartered in Denver, Colorado.
Industry, Sector and Symbol
Industry Natural gas transmission
Sub-IndustryN/A
SectorOils/Energy
SymbolNYSE:DCP
CUSIPN/A
Phone303-595-3331
Debt
Debt-to-Equity Ratio0.64
Current Ratio0.59
Quick Ratio0.56
Price-To-Earnings
Trailing P/E Ratio75.13
Forward P/E Ratio35.24
P/E GrowthN/A
Sales & Book Value
Annual Sales$8.46 billion
Price / Sales0.67
Cash Flow$4.4146 per share
Price / Cash9.02
Book Value$48.47 per share
Price / Book0.82
Profitability
EPS (Most Recent Fiscal Year)$0.53
Net Income$229 million
Net Margins2.24%
Return on Equity3.08%
Return on Assets1.57%
Miscellaneous
Employees2,650
Outstanding Shares143,310,000
DCP Midstream (NYSE:DCP) Frequently Asked Questions
What is DCP Midstream's stock symbol?
DCP Midstream trades on the New York Stock Exchange (NYSE) under the ticker symbol "DCP."
How often does DCP Midstream pay dividends? What is the dividend yield for DCP Midstream?
DCP Midstream announced a quarterly dividend on Tuesday, April 24th. Stockholders of record on Tuesday, May 8th will be given a dividend of $0.78 per share on Tuesday, May 15th. This represents a $3.12 annualized dividend and a dividend yield of 7.84%. The ex-dividend date of this dividend is Monday, May 7th. View DCP Midstream's Dividend History.
How were DCP Midstream's earnings last quarter?
DCP Midstream LP (NYSE:DCP) released its earnings results on Monday, May, 7th. The pipeline company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.34 by $0.26. The pipeline company had revenue of $2.14 billion for the quarter, compared to analysts' expectations of $2.60 billion. DCP Midstream had a net margin of 2.24% and a return on equity of 3.08%. The company's revenue for the quarter was up .8% on a year-over-year basis. During the same period last year, the business earned $0.41 earnings per share. View DCP Midstream's Earnings History.
When is DCP Midstream's next earnings date?
What price target have analysts set for DCP?
11 equities research analysts have issued 1 year price targets for DCP Midstream's shares. Their forecasts range from $33.00 to $48.00. On average, they anticipate DCP Midstream's share price to reach $39.7273 in the next year. View Analyst Ratings for DCP Midstream.
Who are some of DCP Midstream's key competitors?
Some companies that are related to DCP Midstream include Energy Transfer Equity LP Unit (ETE), Spectra Energy Partners (SEP), Targa Resources (TRGP), Western Gas Equity Partners (WGP), Enable Midstream Partners (ENBL), Western Gas Partners (WES), EQT GP (EQGP), Antero Midstream Partners (AM), EnLink Midstream Partners (ENLK), EQT Midstream Partners (EQM), Tallgrass Energy GP (TEGP), Antero Midstream GP (AMGP), Tallgrass Energy Partners (TEP), EnLink Midstream (ENLC) and Boardwalk Pipeline Partners (BWP).
Who are DCP Midstream's key executives?
DCP Midstream's management team includes the folowing people:
- Mr. Wouter T. van Kempen, Chairman, Pres & CEO of DCP Midstream LLC (Age 49)
- Mr. Sean P. O'Brien, Group VP & CFO of DCP Midstream, LLC (Age 48)
- Mr. Brent L. Backes, Group VP, Gen. Counsel & Corp. Sec. - DCP Midstream GP LLC (Age 58)
- Mr. Donald A. Baldridge, Pres of Commercial - DCP Midstream LLC (Age 48)
- Mr. Brian S. Frederick, Pres of Asset Operations - DCP Midstream GP LLC (Age 52)
Has DCP Midstream been receiving favorable news coverage?
News coverage about DCP stock has been trending very positive on Sunday, according to Accern Sentiment Analysis. The research group rates the sentiment of news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. DCP Midstream earned a news impact score of 0.70 on Accern's scale. They also gave news headlines about the pipeline company an impact score of 43.66 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the next several days.
Who are DCP Midstream's major shareholders?
DCP Midstream's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Alps Advisors Inc. (4.95%), OppenheimerFunds Inc. (4.39%), Kayne Anderson Capital Advisors LP (3.15%), Brookfield Asset Management Inc. (1.91%), Eagle Global Advisors LLC (1.61%) and Tortoise Capital Advisors L.L.C. (1.60%). Company insiders that own DCP Midstream stock include Brent L Backes, Dcp Midstream, Llc, Don Baldridge and Kempen Wouter T Van. View Institutional Ownership Trends for DCP Midstream.
Which major investors are selling DCP Midstream stock?
DCP stock was sold by a variety of institutional investors in the last quarter, including Kayne Anderson Capital Advisors LP, Tortoise Capital Advisors L.L.C., Tortoise Capital Advisors L.L.C., OppenheimerFunds Inc., Alps Advisors Inc., Neuberger Berman Group LLC, Brookfield Asset Management Inc. and Infrastructure Capital Advisors LLC. View Insider Buying and Selling for DCP Midstream.
Which major investors are buying DCP Midstream stock?
DCP stock was bought by a variety of institutional investors in the last quarter, including Summit Trail Advisors LLC, Northwestern Mutual Investment Management Company LLC, Wells Fargo & Company MN, Global X Management Co. LLC, JPMorgan Chase & Co., Evergreen Capital Management LLC, Municipal Employees Retirement System of Michigan and Atlantic Trust Group LLC. Company insiders that have bought DCP Midstream stock in the last two years include Brent L Backes, Dcp Midstream, Llc, Don Baldridge and Kempen Wouter T Van. View Insider Buying and Selling for DCP Midstream.
How do I buy shares of DCP Midstream?
Shares of DCP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is DCP Midstream's stock price today?
One share of DCP stock can currently be purchased for approximately $39.82.
How big of a company is DCP Midstream?
DCP Midstream has a market capitalization of $5.61 billion and generates $8.46 billion in revenue each year. The pipeline company earns $229 million in net income (profit) each year or $0.53 on an earnings per share basis. DCP Midstream employs 2,650 workers across the globe.
How can I contact DCP Midstream?
DCP Midstream's mailing address is 370 17TH STREET SUITE 2500, DENVER CO, 80202. The pipeline company can be reached via phone at 303-595-3331 or via email at [email protected]
MarketBeat Community Rating for DCP Midstream (DCP)
MarketBeat's community ratings are surveys of what our community members think about DCP Midstream and other stocks. Vote "Outperform" if you believe DCP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe DCP will underperform the S&P 500 over the long term. You may vote once every thirty days.
