DCP Midstream Partners, LP Company Profile (NYSE:DCP)

DCP Midstream Partners, LP trades on the New York Stock Exchange (NYSE) under the ticker symbol "DCP."

DCP Midstream Partners, LP declared a quarterly dividend on Tuesday, July 25th. Shareholders of record on Tuesday, August 8th will be paid a dividend of $0.78 per share on Monday, August 14th. This represents a $3.12 dividend on an annualized basis and a yield of 9.56%. The ex-dividend date is Friday, August 4th. View DCP Midstream Partners, LP's Dividend History.

DCP Midstream Partners, LP (NYSE:DCP) released its quarterly earnings results on Monday, August, 7th. The company reported $0.18 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.14 by $0.04. The business earned $1.95 billion during the quarter, compared to analyst estimates of $2.60 billion. DCP Midstream Partners, LP had a return on equity of 6.71% and a net margin of 7.93%. DCP Midstream Partners, LP's quarterly revenue was up 20.1% compared to the same quarter last year. View DCP Midstream Partners, LP's Earnings History.

10 brokerages have issued 12 month price targets for DCP Midstream Partners, LP's stock. Their forecasts range from $33.00 to $47.00. On average, they expect DCP Midstream Partners, LP's stock price to reach $38.89 in the next twelve months. View Analyst Ratings for DCP Midstream Partners, LP.

Here are some recent quotes from research analysts about DCP Midstream Partners, LP stock:

• 1. According to Zacks Investment Research, "DCP Midstream Partners, LP is a midstream master limited partnership that gathers, treats, compresses, processes, transports and markets natural gas and transports and markets natural gas liquids. DCP Midstream Partners, LP is managed by its general partner, DCP Midstream GP, LLC, which is wholly owned by Duke Energy Field Services, a joint venture between Duke Energy and ConocoPhillips. It is a midstream master limited partnership formed by Duke Energy Field Services to own, operate, acquire and develop a diversified portfolio of complementary midstream assets. Supported by its relationship with Duke Energy Field Services and its parents, Duke Energy and ConocoPhillips, it intend to acquire and construct additional assets and have a management team dedicated to executing our growth strategies. " (8/10/2017)
• 2. Stifel Nicolaus analysts commented, "DCP Midstream, LP posted 4Q16 results above Stifel and Street estimates, reporting Adjusted EBITDA of $151 million against our estimate of $130 million and the consensus Street estimate of $138 million. While processing volumes continued lower for the third consecutive quarter, margins improved as a result of a shift in volume mix between low-margin versus high-margin plants as well as management's cost cutting initiatives. Looking to the future, management maintained prior 2017 guidance and highlighted several positive tailwinds that should lead to a strong 2018. At this time we are maintaining our Buy rating and adjusting our target price to $47.00." (2/15/2017)

Some companies that are related to DCP Midstream Partners, LP include Western Gas Equity Partners, LP (WGP), YPF Sociedad Anonima (YPF), Buckeye Partners L.P. (BPL), EQT GP Holdings, LP (EQGP), Western Gas Partners, LP (WES), Parsley Energy (PE), Enbridge Energy, L.P. (EEP), Enable Midstream Partners, LP (ENBL), Antero Resources Corporation (AR), Rice Energy (RICE), HollyFrontier Corporation (HFC), EQT Midstream Partners, LP (EQM), Antero Midstream Partners LP (AM), Newfield Exploration Company (NFX), Phillips 66 Partners LP (PSXP), EnLink Midstream Partners, LP (ENLK), Helmerich & Payne (HP) and First Solar (FSLR).

DCP Midstream Partners, LP's management team includes the folowing people:

• Wouter T. van Kempen, Chairman of the Board, President, Chief Executive Officer
• Sean P. O'Brien, Chief Financial Officer, Group Vice President
• Don A. Baldridge, President, Commercial
• Brian Frederick, President, Asset Operations
• Brent L. Backes, Group Vice President, General Counsel and Corporate Secretary
• Michael S. Richards, Vice President, Deputy General Counsel, Corporate Secretary of the General Partner
• Allen Carter Capps, Director
• Brian Mandell, Director
• John Zuklic, Director
• Fred J. Fowler, Independent Director

DCP Midstream Partners, LP's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Advisory Research Inc. (6.17%), Goldman Sachs Group Inc. (5.09%), Kayne Anderson Capital Advisors LP (4.94%), Alps Advisors Inc. (4.60%), Tortoise Capital Advisors L.L.C. (2.60%) and Center Coast Capital Advisors LP (2.34%). View Institutional Ownership Trends for DCP Midstream Partners, LP.

DCP Midstream Partners, LP's stock was sold by a variety of institutional investors in the last quarter, including Level Four Advisory Services LLC. View Insider Buying and Selling for DCP Midstream Partners, LP.

DCP Midstream Partners, LP's stock was bought by a variety of institutional investors in the last quarter, including Advisory Research Inc., Goldman Sachs Group Inc., Kayne Anderson Capital Advisors LP, Alps Advisors Inc., Tortoise Capital Advisors L.L.C., Center Coast Capital Advisors LP, First Eagle Investment Management LLC and Eagle Global Advisors LLC. View Insider Buying and Selling for DCP Midstream Partners, LP.

Shares of DCP Midstream Partners, LP can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of DCP Midstream Partners, LP stock can currently be purchased for approximately $32.65.