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
Stock Exchange NYSE
Industry Natural gas transmission
Sub-IndustryN/A
SectorOils/Energy
Current SymbolNYSE:DCP
Previous Symbol
CUSIPN/A
Phone303-595-3331
Debt
Debt-to-Equity Ratio0.69
Current Ratio0.65
Quick Ratio0.62
Price-To-Earnings
Trailing P/E Ratio56.60
Forward P/E Ratio43.48
P/E GrowthN/A
Sales & Book Value
Annual Sales$8.46 billion
Price / Sales0.51
Cash Flow$4.1265 per share
Price / Cash Flow7.27
Book Value$48.47 per share
Price / Book0.62
Profitability
EPS (Most Recent Fiscal Year)$0.53
Net Income$229 million
Net Margins2.76%
Return on Equity4.18%
Return on Assets2.02%
Miscellaneous
Employees2,650
Outstanding Shares143,320,000
Market Cap$4.52 billion
OptionableOptionable
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 declared a quarterly dividend on Tuesday, October 23rd. Shareholders of record on Friday, November 2nd will be given a dividend of $0.78 per share on Wednesday, November 14th. This represents a $3.12 dividend on an annualized basis and a yield of 10.40%. The ex-dividend date is Thursday, November 1st. View DCP Midstream's Dividend History.
How were DCP Midstream's earnings last quarter?
DCP Midstream LP (NYSE:DCP) issued its quarterly earnings results on Monday, November, 5th. The pipeline company reported $0.18 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.41 by $0.23. The pipeline company earned $2.76 billion during the quarter, compared to analysts' expectations of $3.16 billion. DCP Midstream had a return on equity of 4.18% and a net margin of 2.76%. DCP Midstream's revenue was up 34.3% on a year-over-year basis. During the same quarter last year, the business posted ($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 brokerages have issued twelve-month target prices for DCP Midstream's stock. Their forecasts range from $34.00 to $51.00. On average, they expect DCP Midstream's share price to reach $43.40 in the next twelve months. This suggests a possible upside of 44.7% from the stock's current price. View Analyst Price Targets for DCP Midstream.
What is the consensus analysts' recommendation for DCP Midstream?
11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for DCP Midstream in the last year. There are currently 2 sell ratings, 3 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for DCP Midstream.
Has DCP Midstream been receiving favorable news coverage?
News coverage about DCP stock has been trending neutral recently, InfoTrie reports. The research group ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. DCP Midstream earned a media sentiment score of 0.5 on InfoTrie's scale. They also gave press coverage about the pipeline company a news buzz of 1.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the near term.
Who are some of DCP Midstream's key competitors?
Some companies that are related to DCP Midstream include Spectra Energy Partners (SEP), ENERGY TRANSFER/UT LTD PARTN INT (ET), Targa Resources (TRGP), Western Gas Partners (WES), Western Gas Equity Partners (WGP), Enable Midstream Partners (ENBL), Tallgrass Energy (TGE), EQGP (EQGP), EQM Midstream Partners (EQM), Antero Midstream Partners (AM), EnLink Midstream Partners (ENLK), Antero Midstream GP (AMGP), Transportadora de Gas del Sur (TGS), Dominion Energy Midstream Partners (DM) and TC Pipelines (TCP).
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)
Who are DCP Midstream's major shareholders?
DCP Midstream's stock is owned by many different of institutional and retail investors. Top institutional investors include Alps Advisors Inc. (5.56%), Advisory Research Inc. (4.56%), OppenheimerFunds Inc. (3.46%), Kayne Anderson Capital Advisors LP (2.54%), First Eagle Investment Management LLC (1.77%) and JPMorgan Chase & Co. (1.43%). 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 institutional 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, First Eagle Investment Management LLC, Advisory Research Inc., Duff & Phelps Investment Management Co., OppenheimerFunds Inc., Neuberger Berman Group LLC, Tortoise Capital Advisors L.L.C. and Bank of Montreal Can. View Insider Buying and Selling for DCP Midstream.
Which institutional investors are buying DCP Midstream stock?
DCP stock was bought by a variety of institutional investors in the last quarter, including Mirae Asset Global Investments Co. Ltd., Alps Advisors Inc., Virtus Alternative Investment Advisers Inc., Morgan Stanley, Deutsche Bank AG, MetLife Investment Advisors LLC, Wells Fargo & Company MN and Perella Weinberg Partners Capital Management LP. 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 $30.00.
How big of a company is DCP Midstream?
DCP Midstream has a market capitalization of $4.52 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.
What is DCP Midstream's official website?
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 (NYSE 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.
