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
Phone303-595-3331
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$9.82 billion
Profitability
Miscellaneous
Employees2,650
Next Earnings Date5/6/2019 (Estimated)
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 announced a quarterly dividend on Thursday, January 24th. Stockholders of record on Monday, February 4th will be paid a dividend of $0.78 per share on Thursday, February 14th. This represents a $3.12 dividend on an annualized basis and a dividend yield of 9.18%. The ex-dividend date is Friday, February 1st. View DCP Midstream's Dividend History.
How were DCP Midstream's earnings last quarter?
DCP Midstream LP (NYSE:DCP) announced its earnings results on Monday, February, 11th. The pipeline company reported $1.08 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.38 by $0.70. The pipeline company earned $2.61 billion during the quarter. DCP Midstream had a net margin of 3.03% and a return on equity of 6.47%. View DCP Midstream's Earnings History.
When is DCP Midstream's next earnings date?
What price target have analysts set for DCP?
13 brokerages have issued 1-year target prices for DCP Midstream's stock. Their forecasts range from $33.00 to $51.00. On average, they expect DCP Midstream's stock price to reach $40.50 in the next twelve months. This suggests a possible upside of 19.2% from the stock's current price. View Analyst Price Targets for DCP Midstream.
What is the consensus analysts' recommendation for DCP Midstream?
13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for DCP Midstream in the last year. There are currently 1 sell rating, 5 hold ratings and 7 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?
Media stories about DCP stock have trended very negative on Thursday, according to InfoTrie. InfoTrie ranks the sentiment of news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. DCP Midstream earned a media sentiment score of -3.6 on InfoTrie's scale. They also assigned media stories about the pipeline company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock'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 Energy Transfer LP Unit (ET), Spectra Energy Partners (SEP), Targa Resources (TRGP), Western Midstream Partners (WES), Tallgrass Energy (TGE), Western Gas Equity Partners (WGP), Enable Midstream Partners (ENBL), EQGP (EQGP), EnLink Midstream (ENLC), EQM Midstream Partners (EQM), EnLink Midstream Partners (ENLK), TC Pipelines (TCP), Antero Midstream Partners (AM), Transportadora de Gas del Sur (TGS) and Dominion Energy Midstream Partners (DM).
What other stocks do shareholders of DCP Midstream own?
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 50)
- Mr. Sean P. O'Brien, Group VP & CFO of DCP Midstream, LLC (Age 49)
- Mr. Brent L. Backes, Group VP, Gen. Counsel & Corp. Sec. - DCP Midstream GP LLC (Age 59)
- Mr. Donald A. Baldridge, Pres of Commercial - DCP Midstream LLC (Age 49)
- Mr. Brian S. Frederick, Pres of Asset Operations - DCP Midstream GP LLC (Age 53)
Who are DCP Midstream's major shareholders?
DCP Midstream's stock is owned by a number of of institutional and retail investors. Top institutional investors include Harvest Fund Advisors LLC (8.27%), Alps Advisors Inc. (6.26%), Kayne Anderson Capital Advisors LP (2.49%), Tortoise Capital Advisors L.L.C. (1.93%), CIBC Private Wealth Group LLC (1.20%) and Eagle Global Advisors LLC (1.07%). Company insiders that own DCP Midstream stock include Brent L Backes, Don Baldridge, Fred J Fowler 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 Bank of Montreal Can, Bank of America Corp DE, Eagle Global Advisors LLC, Harvest Fund Advisors LLC, Kayne Anderson Capital Advisors LP, Duff & Phelps Investment Management Co., Spirit of America Management Corp NY and Castleark Management LLC. View Insider Buying and Selling for DCP Midstream.
Which major investors are buying DCP Midstream stock?
DCP stock was purchased by a variety of institutional investors in the last quarter, including CIBC Private Wealth Group LLC, Alps Advisors Inc., Tortoise Capital Advisors L.L.C., BlackRock Inc., Municipal Employees Retirement System of Michigan, Mirae Asset Global Investments Co. Ltd., Perella Weinberg Partners Capital Management LP and State of New Jersey Common Pension Fund D. Company insiders that have bought DCP Midstream stock in the last two years include Brent L Backes, Don Baldridge, Fred J Fowler 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 $33.99.
How big of a company is DCP Midstream?
DCP Midstream has a market capitalization of $4.87 billion and generates $9.82 billion in revenue each year. The pipeline company earns $298 million in net income (profit) each year or $1.54 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.
