About DCP Midstream (NYSE:DCP)
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 Ratio0.68%
Current Ratio0.89%
Quick Ratio0.84%
Price-To-Earnings
Trailing P/E Ratio67.51
Forward P/E Ratio27.11
P/E GrowthN/A
Sales & Book Value
Annual Sales$8.46 billion
Price / Sales0.61
Cash Flow$4.3005 per share
Price / Cash8.32
Book Value$48.47 per share
Price / Book0.74
Profitability
EPS (Most Recent Fiscal Year)$0.53
Net Income$229 million
Net Margins2.71%
Return on Equity3.59%
Return on Assets1.86%
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 dividend on Tuesday, January 23rd. Stockholders of record on Wednesday, February 7th will be given a dividend of $0.78 per share on Wednesday, February 14th. The ex-dividend date is Tuesday, February 6th. View DCP Midstream's Dividend History.
How were DCP Midstream's earnings last quarter?
DCP Midstream, LLC (NYSE:DCP) posted its earnings results on Tuesday, February, 13th. The pipeline company reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.29 by $0.19. The pipeline company earned $2.34 billion during the quarter, compared to the consensus estimate of $3.27 billion. DCP Midstream had a return on equity of 3.59% and a net margin of 2.71%. View DCP Midstream's Earnings History.
When is DCP Midstream's next earnings date?
What price target have analysts set for DCP?
12 equities research analysts have issued 1-year target prices for DCP Midstream's stock. Their predictions range from $33.00 to $48.00. On average, they anticipate DCP Midstream's stock price to reach $40.3636 in the next twelve months. 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 (ETE), Spectra Energy Partners GP (SEP), Targa Resources (TRGP), Western Gas Equity (WGP), Western Gas Partners (WES), EQT Holdings Management (EQGP), Enable Midstream Partners (ENBL), EnLink Midstream Partners (ENLK), EQT Midstream Partners (EQM), Antero Midstream Partners (AM), Tallgrass Energy GP (TEGP), Tallgrass Energy Partners (TEP), Antero Midstream GP (AMGP), Transportadora de Gas del Sur (TGS) 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. Richard A. Loving, Chief Accounting Officer of DCP Midstream GP LLC (Age 49)
- Ms. Irene Lofland, VP of Investor Relations
- Mr. Brent L. Backes, Group VP, Gen. Counsel & Corp. Sec. - DCP Midstream GP LLC (Age 58)
Has DCP Midstream been receiving favorable news coverage?
Media stories about DCP stock have trended somewhat positive on Wednesday, Accern Sentiment reports. Accern scores the sentiment of media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. DCP Midstream earned a news sentiment score of 0.09 on Accern's scale. They also gave press coverage about the pipeline company an impact score of 46.38 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.
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 $35.78.
How big of a company is DCP Midstream?
DCP Midstream has a market capitalization of $5.18 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.
DCP Midstream (NYSE:DCP) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
12 Wall Street analysts have issued ratings and price targets for DCP Midstream in the last 12 months. Their average twelve-month price target is $40.3636, suggesting that the stock has a possible upside of 12.81%. The high price target for DCP is $48.00 and the low price target for DCP is $33.00. There are currently 1 sell rating, 6 hold ratings and 5 buy ratings for the stock, resulting in a consensus rating of "Hold."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Hold | Hold | Hold | Hold |
| Consensus Rating Score: | 2.33 | 2.36 | 2.45 | 2.33 |
| Ratings Breakdown: | 1 Sell Rating(s)
6 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
5 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
6 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
6 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $40.3636 | $39.40 | $39.50 | $39.3636 |
| Price Target Upside: | 12.81% upside | 14.50% upside | 5.93% downside | 13.70% upside |
DCP Midstream (NYSE:DCP) Consensus Price Target History
DCP Midstream (NYSE:DCP) Analyst Ratings History
Show:
(Data available from 4/25/2016 forward)
DCP Midstream (NYSE:DCP) Dividend Information
DCP Midstream pays an annual dividend of $3.12 per share, with a dividend yield of 8.72%. DCP's most recent quarterly dividend payment was Wednesday, February 14. DCP Midstream pays out 588.68% of its earnings out as a dividend.
| Most Recent Dividend: | 2/14/2018 |
| Annual Dividend: | $3.12 |
| Dividend Yield: | 8.72% |
| Dividend Growth: | 0.00% (3 Year Average) |
| Payout Ratio: | 588.68% (Trailing 12 Months of Earnings)
236.36% (Based on This Year's Estimates)
165.96% (Based on Next Year's Estimates)
|
| Frequency: | Quarterly Dividend |
DCP Midstream (NYSE:DCP) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 1/23/2018 | | $0.78 | | 2/6/2018 | 2/7/2018 | 2/14/2018 |
| 10/20/2017 | quarterly | $0.78 | 9.23% | 11/6/2017 | 11/7/2017 | 11/14/2017 |
| 7/25/2017 | quarterly | $0.78 | 8.99% | 8/4/2017 | 8/8/2017 | 8/14/2017 |
| 4/26/2017 | quarterly | $0.78 | 8.02% | 5/5/2017 | 5/9/2017 | 5/15/2017 |
| 1/27/2017 | quarterly | $0.78 | 7.8% | 2/3/2017 | 2/7/2017 | 2/14/2017 |
| 10/28/2016 | quarterly | $0.78 | 9.24% | 11/4/2016 | 11/8/2016 | 11/14/2016 |
| 7/27/2016 | quarterly | $0.78 | 9.5% | 8/3/2016 | 8/5/2016 | 8/12/2016 |
| 4/27/2016 | quarterly | $0.78 | 9.4% | 5/4/2016 | 5/6/2016 | 5/13/2016 |
| 1/28/2016 | quarterly | $0.78 | 16.96% | 2/4/2016 | 2/8/2016 | 2/12/2016 |
| 10/27/2015 | Quarterly | $0.78 | | 11/4/2015 | 11/6/2015 | 11/13/2015 |
| 7/28/2015 | | $0.78 | | 8/5/2015 | 8/7/2015 | 8/14/2015 |
| 4/29/2015 | quarterly | $0.78 | 7.58% | 5/6/2015 | 5/8/2015 | 5/15/2015 |
| 1/29/2015 | | $0.78 | | 2/5/2015 | 2/9/2015 | 2/13/2015 |
| 10/28/2014 | quarterly | $0.77 | 5.55% | 11/5/2014 | 11/7/2014 | 11/14/2014 |
| 7/28/2014 | quarterly | $0.7575 | 5.34% | 8/6/2014 | 8/8/2014 | 8/15/2014 |
| 4/28/2014 | quarterly | $0.7450 | 5.57% | 5/6/2014 | 5/8/2014 | 5/15/2014 |
| 1/30/2014 | quarterly | $0.7325 | 5.92% | 2/5/2014 | 2/7/2014 | 2/14/2014 |
| 1/28/2014 | | $0.7325 | | 2/5/2014 | 2/7/2014 | 2/14/2014 |
| 10/28/2013 | quarterly | $0.72 | 5.89% | 11/5/2013 | 11/7/2013 | 11/14/2013 |
| 7/25/2013 | quarterly | $0.71 | 5.43% | 8/5/2013 | 8/7/2013 | 8/14/2013 |
| 4/26/2013 | quarterly | $0.70 | 5.94% | 5/6/2013 | 5/8/2013 | 5/15/2013 |
| 1/30/2013 | quarterly | $0.69 | 6.16% | 2/5/2013 | 2/7/2013 | 2/14/2013 |
(Data available from 1/1/2013 forward)
DCP Midstream (NYSE DCP) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 0.04%
Institutional Ownership Percentage: 56.84%
DCP Midstream (NYSE DCP) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 11/20/2017 | Brent L Backes | VP | Buy | 150 | $1,000.00 | $150,000.00 | 150 |  |
| 11/20/2017 | Don Baldridge | Insider | Buy | 50 | $1,000.00 | $50,000.00 | 50 | |
| 11/20/2017 | Kempen Wouter T Van | CEO | Buy | 750 | $1,000.00 | $750,000.00 | 750 | |
| 2/27/2015 | Thomas C Morris | Director | Buy | 5,000 | $39.74 | $198,700.00 | | |
| 3/4/2013 | Rose M Robeson | CFO | Buy | 2,500 | $42.39 | $105,975.00 | | |
| 3/4/2013 | William S Waldheim | President | Buy | 2,000 | $42.19 | $84,380.00 | | |
(Data available from 1/1/2013 forward)
DCP Midstream (NYSE DCP) News Headlines
| Source: |
|
| Date | Headline |
|---|
 | DCP Midstream Announces Distributions on Its Common Units and Series A Preferred Units
finance.yahoo.com - April 24 at 5:42 PM |
| DCP Midstream to Host Conference Call on May 8 to Discuss First Quarter 2018 Financial Results
finance.yahoo.com - April 23 at 5:19 PM |
| Wall Street Analysts See a 30% Upside for Kinder Morgan
finance.yahoo.com - April 21 at 8:11 AM |
 | DCP Midstream (DCP) Coverage Initiated at Deutsche Bank
www.americanbankingnews.com - April 19 at 9:40 PM |
| Brokers Offer Predictions for DCP Midstream, LLC's Q1 2018 Earnings (DCP)
www.americanbankingnews.com - April 19 at 7:08 AM |
| DCP Midstream, LLC (DCP) Given Average Rating of "Hold" by Brokerages
www.americanbankingnews.com - April 19 at 5:39 AM |
| DCP Midstream, LLC to Post Q2 2018 Earnings of $0.26 Per Share, US Capital Advisors Forecasts (DCP)
www.americanbankingnews.com - April 18 at 8:13 AM |
| What Should We Expect From DCP Midstream LP’s (NYSE:DCP) Earnings In The Next Couple Of Years?
finance.yahoo.com - April 17 at 6:05 PM |
| DCP Midstream (DCP) Given New $46.00 Price Target at Barclays
www.americanbankingnews.com - April 17 at 3:03 PM |
 | Midstream companies honored for work safety
www.bizjournals.com - April 17 at 8:18 AM |
| Comparing DCP Midstream (DCP) & Its Peers
www.americanbankingnews.com - April 17 at 5:19 AM |
| Royal Bank of Canada Cuts DCP Midstream Partners (DCP) Price Target to $37.00
www.americanbankingnews.com - April 14 at 11:15 AM |
| DCP Midstream Partners (DCP) versus The Competition Critical Review
www.americanbankingnews.com - April 13 at 5:21 PM |
| DCP Midstream Partners (DCP) versus Its Peers Head-To-Head Contrast
www.americanbankingnews.com - April 9 at 9:22 PM |
| Q4 2018 EPS Estimates for DCP Midstream Partners (DCP) Lifted by US Capital Advisors
www.americanbankingnews.com - April 9 at 1:58 AM |
| Wall Street Analyst Ratings: TRGP’s ‘Buys’ and OKE ‘Holds’
finance.yahoo.com - April 5 at 9:59 AM |
| DCP Midstream to Participate in Mizuho Energy Summit
finance.yahoo.com - April 4 at 4:22 PM |
| Head-To-Head Review: DCP Midstream Partners (DCP) versus Its Competitors
www.americanbankingnews.com - April 4 at 3:06 AM |
 | 'Safer' Dividend Energy Equities Trail Shell Midstream's March Target Gains
seekingalpha.com - April 3 at 5:42 PM |
| Stifel Nicolaus Reaffirms Buy Rating for DCP Midstream Partners (DCP)
www.americanbankingnews.com - March 31 at 7:10 PM |
| Zacks Investment Research Upgrades DCP Midstream Partners (DCP) to Strong-Buy
www.americanbankingnews.com - March 31 at 1:04 PM |
| DCP Midstream Partners (DCP) Coverage Initiated by Analysts at Bank of America
www.americanbankingnews.com - March 29 at 11:52 PM |
| Head-To-Head Analysis: DCP Midstream Partners (DCP) vs. BP Midstream Partners (BPMP)
www.americanbankingnews.com - March 28 at 3:32 PM |
| Financial Analysis: DCP Midstream Partners (DCP) & Enbridge Energy Partners (EEP)
www.americanbankingnews.com - March 28 at 1:12 PM |
| DCP Midstream Partners (DCP) Lifted to "Neutral" at Goldman Sachs
www.americanbankingnews.com - March 25 at 10:56 PM |
| Comparing Archrock Partners (APLP) & DCP Midstream Partners (DCP)
www.americanbankingnews.com - March 25 at 7:11 AM |
| DCP Midstream Partners (DCP) Given Average Rating of "Hold" by Analysts
www.americanbankingnews.com - March 25 at 5:32 AM |
| DCP Midstream Partners (DCP) Price Target Cut to $38.00
www.americanbankingnews.com - March 23 at 10:08 AM |
| Bank of America Upgrades DCP Midstream Partners (DCP) to "Buy"
www.americanbankingnews.com - March 21 at 6:40 PM |
| Head to Head Analysis: DCP Midstream Partners (DCP) and Its Rivals
www.americanbankingnews.com - March 20 at 9:24 AM |
| Contrasting DCP Midstream Partners (DCP) and Enbridge (ENB)
www.americanbankingnews.com - March 18 at 11:10 PM |
 | DCP Midstream, LP (DCP) Reports De Minimis Impacts as a Result of FERC's Policy Statement
www.streetinsider.com - March 16 at 6:36 PM |
| DCP Midstream, LP (DCP) Reports De Minimis Impacts as a Result of FERC's Policy Statement - StreetInsider.com
www.streetinsider.com - March 16 at 8:10 AM |
| DCP Midstream Announces De Minimis Impacts as a Result of FERC’s Policy Statement
finance.yahoo.com - March 15 at 6:22 PM |
| DCP Midstream (DCP) Price Target Cut to $43.00 by Analysts at Stifel Nicolaus
www.americanbankingnews.com - March 12 at 11:26 AM |
 | What's Happening With These Oil & Gas Pipelines Stocks? -- DCP Midstream, Cheniere Energy, Enbridge, and Energy ... - PR Newswire (press release)
www.prnewswire.com - March 9 at 8:10 AM |
| First Trust Advisors LP Has $9.08 Million Stake in DCP Midstream LP (DCP)
www.americanbankingnews.com - March 4 at 9:12 AM |
| Schroder Investment Management Group Buys 5,035 Shares of DCP Midstream LP (DCP)
www.americanbankingnews.com - March 3 at 8:50 AM |
| UBS Group Trims DCP Midstream (DCP) Target Price to $42.00
www.americanbankingnews.com - March 2 at 9:58 PM |
| DCP Midstream LP (DCP) Receives Average Rating of "Hold" from Brokerages
www.americanbankingnews.com - February 28 at 5:36 AM |
| Can DCP Midstream Resume Distribution Growth in 2018?
finance.yahoo.com - February 27 at 6:01 PM |
| Eagle Global Advisors LLC Sells 191,740 Shares of DCP Midstream LP (DCP)
www.americanbankingnews.com - February 27 at 3:51 PM |
| DCP Midstream LP (DCP) Files 10-K for the Fiscal Year Ended on December 31, 2017
finance.yahoo.com - February 26 at 5:50 PM |
| DCP Midstream Files Form 10-K for Fiscal Year 2017
finance.yahoo.com - February 26 at 5:50 PM |
| DCP Midstream LP (DCP) Holdings Boosted by Virtu Financial LLC
www.americanbankingnews.com - February 24 at 11:20 AM |
| Targa Resources Ups 2018 Capex to $1.6 Billion as Demand Grows on Gulf Coast, an Industrial Info News Alert
www.bizjournals.com - February 21 at 5:32 PM |
| DCP Midstream (DCP) Downgraded to "Sell" at ValuEngine
www.americanbankingnews.com - February 17 at 7:06 PM |
| DCP Midstream (DCP) Releases Quarterly Earnings Results, Misses Estimates By $0.19 EPS
www.americanbankingnews.com - February 14 at 9:50 AM |
| DCP Midstream, LP Reports Strong Fourth Quarter and Full Year 2017 Results and Announces 2018 Guidance
finance.yahoo.com - February 14 at 8:57 AM |
| Should DCP Midstream LP (NYSE:DCP) Be Part Of Your Dividend Portfolio?
finance.yahoo.com - February 9 at 3:47 PM |
DCP Midstream (NYSE:DCP) SEC Filings
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DCP Midstream (NYSE:DCP) Income Statement, Balance Sheet and Cash Flow Statement
DCP Midstream (NYSE DCP) Stock Chart for Wednesday, April, 25, 2018
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