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
SymbolNYSE:DCP
CUSIPN/A
Phone303-595-3331
Debt
Debt-to-Equity Ratio0.67
Current Ratio0.68
Quick Ratio0.65
Price-To-Earnings
Trailing P/E Ratio77.87
Forward P/E Ratio37.68
P/E GrowthN/A
Sales & Book Value
Annual Sales$8.46 billion
Price / Sales0.71
Cash Flow$4.6272 per share
Price / Cash9.12
Book Value$48.47 per share
Price / Book0.87
Profitability
EPS (Most Recent Fiscal Year)$0.53
Net Income$229 million
Net Margins1.84%
Return on Equity3.07%
Return on Assets1.52%
Miscellaneous
Employees2,650
Outstanding Shares143,310,000
Market Cap$5.67 billion
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, July 24th. Investors of record on Friday, August 3rd will be given a dividend of $0.78 per share on Tuesday, August 14th. This represents a $3.12 annualized dividend and a dividend yield of 7.56%. The ex-dividend date is Thursday, August 2nd. View DCP Midstream's Dividend History.
How were DCP Midstream's earnings last quarter?
DCP Midstream LP (NYSE:DCP) released its quarterly earnings data on Tuesday, August, 7th. The pipeline company reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.24 by $0.17. The pipeline company had revenue of $2.32 billion for the quarter. DCP Midstream had a net margin of 1.84% and a return on equity of 3.07%. View DCP Midstream's Earnings History.
When is DCP Midstream's next earnings date?
How can I listen to DCP Midstream's earnings call?
DCP Midstream will be holding an earnings conference call on Tuesday, November 6th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8442330113.
What price target have analysts set for DCP?
11 brokers have issued 12 month price objectives for DCP Midstream's shares. Their predictions range from $40.00 to $57.00. On average, they anticipate DCP Midstream's share price to reach $45.20 in the next twelve months. This suggests a possible upside of 9.5% 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.
Who are some of DCP Midstream's key competitors?
Some companies that are related to DCP Midstream include Williams Companies (WMB), Energy Transfer Equity LP Unit (ETE), Spectra Energy Partners (SEP), Targa Resources (TRGP), Enable Midstream Partners (ENBL), Western Gas Partners (WES), Tallgrass Energy (TGE), Western Gas Equity Partners (WGP), EnLink Midstream Partners (ENLK), EQT GP (EQGP), Antero Midstream Partners (AM), EQT Midstream Partners (EQM), Tallgrass Energy GP (TEGP), Tallgrass Energy Partners (TEP) and Antero Midstream GP (AMGP).
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 a variety of of retail and institutional investors. Top institutional shareholders include Bank of Montreal Can (0.57%), Spirit of America Management Corp NY (0.19%), State of New Jersey Common Pension Fund D (0.10%), Parkside Financial Bank & Trust (0.02%) and Clinton Group Inc. (0.01%). 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?
Which major investors are buying DCP Midstream stock?
DCP stock was acquired by a variety of institutional investors in the last quarter, including State of New Jersey Common Pension Fund D and Clinton Group Inc.. 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 $41.27.
How big of a company is DCP Midstream?
DCP Midstream has a market capitalization of $5.67 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.
