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NYSE:DCP

DCP Midstream - DCP Stock Forecast, Price & News

$37.57

+0.21 (+0.56%)

(As of 09/30/2022 12:00 AM ET)

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Today's Range: $37.37
▼
$37.81
50-Day Range: $32.48
▼
$38.93
52-Week Range: $23.58
▼
$39.54

Volume: 704,917 shs
Average Volume: 849,789 shs
Market Capitalization: $7.83 billion

P/E Ratio: 10.13
Dividend Yield: 4.60%
Price Target: $38.88

DCP Midstream MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 3.5% Upside
$38.88 Price Target
Short Interest: Healthy
5.26% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.34
Based on 6 Articles This Week
Insider Trading: Selling Shares
$107,882 Sold Last Quarter
Proj. Earnings Growth: 28.37%
From $3.63 to $4.66 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.26 out of 5 stars

Oils/Energy Sector

121st out of 258 stocks

Natural Gas Transmission Industry

10th out of 20 stocks

1.5

Analyst's Opinion

Consensus Rating
DCP Midstream has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 7 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $38.88, DCP Midstream has a forecasted upside of 3.5% from its current price of $37.57.
Amount of Analyst Coverage
DCP Midstream has only been the subject of 3 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
5.26% of the float of DCP Midstream has been sold short.
Short Interest Ratio / Days to Cover
DCP Midstream has a short interest ratio ("days to cover") of 6.
Change versus previous month
Short interest in DCP Midstream has recently decreased by 8.28%, indicating that investor sentiment is improving significantly.

3.3

Dividend Strength

Dividend Leadership
DCP Midstream is a leading dividend payer. It pays a dividend yield of 4.60%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
DCP Midstream has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of DCP Midstream is 46.36%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, DCP Midstream will have a dividend payout ratio of 36.91% next year. This indicates that DCP Midstream will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for DCP.

2.4

News and Social Media Coverage

News Sentiment
DCP Midstream has a news sentiment score of 0.34. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Oils/Energy companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for DCP Midstream this week, compared to 2 articles on an average week.
Search Interest
Only 4 people have searched for DCP on MarketBeat in the last 30 days. This is a decrease of -56% compared to the previous 30 days.
MarketBeat Follows
8 people have added DCP Midstream to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, DCP Midstream insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $107,882.00 in company stock.
Percentage Held by Insiders
Only 0.10% of the stock of DCP Midstream is held by insiders.
Percentage Held by Institutions
Only 35.49% of the stock of DCP Midstream is held by institutions.

3.1

Earnings and Valuation

Earnings Growth
Earnings for DCP Midstream are expected to grow by 28.37% in the coming year, from $3.63 to $4.66 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of DCP Midstream is 10.13, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.40.
Price to Earnings Ratio vs. Sector
The P/E ratio of DCP Midstream is 10.13, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 41.10.
Price to Book Value per Share Ratio
DCP Midstream has a P/B Ratio of 1.53. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About DCP Midstream (NYSE:DCP) Stock

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 through Logistics and Marketing, and Gathering and Processing. The Logistics and Marketing segment engages in transporting, trading, marketing, and storing natural gas and natural gas liquids (NGLs); and fractionating NGLs. The Gathering and Processing segment is involved in gathering, compressing, treating, and processing natural gas; producing and fractionating NGLs; and recovering condensate. The company owns and operates approximately 35 natural gas processing plants. It serves petrochemical and refining companies, and retail propane distributors. 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 incorporated in 2005 and is headquartered in Denver, Colorado.

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DCP Stock News Headlines

October 2, 2022 | americanbankingnews.com

DCP Midstream (NYSE:DCP) Upgraded by StockNews.com to "Strong-Buy"

September 28, 2022 | nasdaq.com

DCP Midstream LP's 7.95% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Units About To Put More Money In Your Pocket

September 26, 2022 | finance.yahoo.com

Are Investors Undervaluing DCP Midstream Partners (DCP) Right Now?

September 21, 2022 | finance.yahoo.com

DCP Midstream, LP (DCP)

September 2, 2022 | finance.yahoo.com

DCP Midstream 2021 Schedule K-3 Now Available

September 1, 2022 | investing.com

DCP_pb Technical Analysis

September 1, 2022 | finance.yahoo.com

DCP Midstream Partners, LP (DCP) Up 7.6% Since Last Earnings Report: Can It Continue?

August 29, 2022 | nasdaq.com

DCP Midstream Series B Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units About To Put More Money In Your Pocket

August 28, 2022 | seekingalpha.com

DCP Midstream: Poised For Near-Term Growth But Be Cautious Buying

August 20, 2022 | marketwatch.com

DCP Midstream LP Rising Today on Above-Average Volume (DCP)

August 18, 2022 | bizjournals.com

Phillips 66 makes $7.2B buyout offer for DCP Midstream after boosting stake in JV

August 16, 2022 | finance.yahoo.com

DCP Midstream (DCP) Down Marginally Despite Q2 Earnings Beat

August 12, 2022 | finance.yahoo.com

Phillips 66: Outlook Remains Favorable for Refiners; Cash Returns Set to Increase on Improved Balance Sheets

August 11, 2022 | finance.yahoo.com

Phillips 66: Phillips 66 Increases Shareholder Returns as Debt Continues to Fall

August 11, 2022 | finance.yahoo.com

DCP Midstream to Participate in 2022 Citi One-on-One Midstream & Energy Infrastructure Conference

August 10, 2022 | seekingalpha.com

DCP Midstream: It's Sunny In Denver

August 9, 2022 | finance.yahoo.com

Phillips 66: Reaffirming BUY following 2Q22 results

August 5, 2022 | finance.yahoo.com

Despite Fast-paced Momentum, DCP Midstream Partners, LP (DCP) Is Still a Bargain Stock

August 4, 2022 | msn.com

3DCP : Expert Ratings for DCP Midstream

August 4, 2022 | seekingalpha.com

DCP Midstream, LP (DCP) CEO Wouter van Kempen on Q2 2022 Results - Earnings Call Transcript

August 3, 2022 | finance.yahoo.com

Is DCP Midstream Partners (DCP) Stock Undervalued Right Now?

August 2, 2022 | msn.com

5DCP : DCP Midstream: Q2 Earnings Insights

August 2, 2022 | finance.yahoo.com

DCP Midstream Reports Record Second Quarter Results

August 1, 2022 | finance.yahoo.com

DCP Midstream Releases Third Annual Sustainability Report and Announces Progress Towards Emission Reduction Goals

July 31, 2022 | msn.com

EPA orders Weld County gas plants to pay $3.25 million

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DCP Company Calendar

Ex-Dividend for 8/12 Dividend: 7/28/2022
Last Earnings: 8/02/2022
Dividend Payable: 8/12/2022
Today: 10/02/2022
Next Earnings (Estimated): 11/01/2022
Fiscal Year End: 12/31/2022

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Natural gas transmission
Sub-Industry: N/A
Sector: Oils/Energy
Current Symbol: NYSE:DCP
CUSIP: N/A
CIK: 1338065
Web: www.dcpmidstream.com
Phone: (303) 595-3331
Fax: 303-633-2921
Employees: 1,788
Year Founded: 2000

Price Target and Rating

Average Stock Price Forecast: $38.88
High Stock Price Forecast: $45.00
Low Stock Price Forecast: $35.00
Forecasted Upside/Downside: +3.5%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 9 Analysts

Profitability

EPS (Most Recent Fiscal Year): $3.71
Trailing P/E Ratio: 10.13
Forward P/E Ratio: 10.35
P/E Growth: N/A
Net Income: $391 million
Net Margins: 5.97%
Pretax Margin: 6.06%
Return on Equity: 16.34%
Return on Assets: 6.11%

Debt

Debt-to-Equity Ratio: 0.86
Current Ratio: 0.91
Quick Ratio: 0.87

Sales & Book Value

Annual Sales: $10.71 billion
Price / Sales: 0.73
Cash Flow: $3.28 per share
Price / Cash Flow: 11.44
Book Value: $24.59 per share
Price / Book: 1.53

Miscellaneous

Outstanding Shares: 208,380,000
Free Float: 208,177,000
Market Cap: $7.83 billion
Optionable: Optionable
Beta: 2.75

Social Links

Key Executives

Mr. Wouter T. van Kempen (Age 53)
Chairman, Pres & CEO of DCP Midstream GP, LLC
Comp: $2.74M

Mr. Sean P. O'Brien (Age 52)
Group VP & CFO of DCP Midstream GP, LLC
Comp: $1.38M

Mr. George R. Green (Age 41)
Group VP & Gen. Counsel of DCP Midstream GP, LLC
Comp: $825.64k

Mr. Donald A. Baldridge (Age 52)
Pres of Operations of DCP Midstream GP LLC
Comp: $1.21M

Mr. William L. Johnson (Age 50)
Pres of Operations of DCP Midstream GP, LLC
Comp: $1.07M

Mr. Richard A. Loving (Age 53)
Chief Accounting Officer of DCP Midstream GP LLC

Ms. Irene G. Lofland (Age 51)
VP of Investor Relations

Ms. Sarah Sandberg
Sr. Director of Communications & Public Affairs

Ms. Tamara Bray
Chief HR Officer & Group VP of DCP Midstream GP LLC

Mr. Jerry Barnhill
Group VP, Chief Environmental, Health & Safety Officer of DCP Midstream GP LLC

Key Competitors

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Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

DCP Stock - Frequently Asked Questions

Should I buy or sell DCP Midstream stock right now?: 9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for DCP Midstream in the last twelve months. There are currently 1 hold rating, 7 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" DCP shares.
View DCP analyst ratings or view top-rated stocks.
What is DCP Midstream's stock price forecast for 2022?: 9 analysts have issued 1 year target prices for DCP Midstream's stock. Their DCP share price forecasts range from $35.00 to $45.00. On average, they predict the company's stock price to reach $38.88 in the next twelve months. This suggests a possible upside of 3.5% from the stock's current price.
View analysts price targets for DCP or view top-rated stocks among Wall Street analysts.
How have DCP shares performed in 2022?: DCP Midstream's stock was trading at $27.48 at the beginning of 2022. Since then, DCP stock has increased by 36.7% and is now trading at $37.57.
View the best growth stocks for 2022 here.
Are investors shorting DCP Midstream?: DCP Midstream saw a drop in short interest in September. As of September 15th, there was short interest totaling 4,650,000 shares, a drop of 8.3% from the August 31st total of 5,070,000 shares. Based on an average trading volume of 779,000 shares, the days-to-cover ratio is currently 6.0 days. Currently, 5.3% of the shares of the company are sold short.
View DCP Midstream's Short Interest.
When is DCP Midstream's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 1st 2022.
View our DCP earnings forecast.
How were DCP Midstream's earnings last quarter?: DCP Midstream, LP (NYSE:DCP) announced its quarterly earnings results on Tuesday, August, 2nd. The pipeline company reported $1.77 earnings per share for the quarter, beating analysts' consensus estimates of $1.14 by $0.63. The pipeline company earned $4.27 billion during the quarter, compared to analyst estimates of $4.49 billion. DCP Midstream had a net margin of 5.97% and a trailing twelve-month return on equity of 16.34%.
How often does DCP Midstream pay dividends? What is the dividend yield for DCP Midstream?: DCP Midstream declared a quarterly dividend on Thursday, July 21st. Shareholders of record on Friday, July 29th will be paid a dividend of $0.43 per share on Friday, August 12th. This represents a $1.72 dividend on an annualized basis and a yield of 4.58%. The ex-dividend date of this dividend is Thursday, July 28th.
Read our dividend analysis for DCP.
Is DCP Midstream a good dividend stock?: DCP Midstream (NYSE:DCP) pays an annual dividend of $1.72 per share and currently has a dividend yield of 4.60%. DCP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 46.36%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, DCP will have a dividend payout ratio of 36.91% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for DCP.

What is Wouter van Kempen's approval rating as DCP Midstream's CEO?: 125 employees have rated DCP Midstream Chief Executive Officer Wouter van Kempen on Glassdoor.com. Wouter van Kempen has an approval rating of 71% among the company's employees.
What other stocks do shareholders of DCP Midstream own?: Based on aggregate information from My MarketBeat watchlists, some companies that other DCP Midstream investors own include Energy Transfer (ET), NGL Energy Partners (NGL), Enterprise Products Partners (EPD), AT&T (T), Annaly Capital Management (NLY), Martin Midstream Partners (MMLP), Alliance Resource Partners (ARLP), AGNC Investment (AGNC), Chimera Investment (CIM) and New Residential Investment (NRZ).
What is DCP Midstream's stock symbol?: DCP Midstream trades on the New York Stock Exchange (NYSE) under the ticker symbol "DCP."
How do I buy shares of DCP Midstream?: Shares of DCP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is DCP Midstream's stock price today?: One share of DCP stock can currently be purchased for approximately $37.57.
How much money does DCP Midstream make?: DCP Midstream (NYSE:DCP) has a market capitalization of $7.83 billion and generates $10.71 billion in revenue each year. The pipeline company earns $391 million in net income (profit) each year or $3.71 on an earnings per share basis.
How many employees does DCP Midstream have?: The company employs 1,788 workers across the globe.
Does DCP Midstream have any subsidiaries?: The following companies are subsidiares of DCP Midstream: BMC, Centana Intrastate Pipeline LLC, Cimarron River Pipeline LLC, Collbran Valley Gas Gathering LLC (75%), DCP Assets Holding GP LLC, DCP Assets Holding LP, DCP Black Lake Holdings LP, DCP Chesapeake LLC, DCP Cheyenne Connector LLC, DCP Dauphin Island LLC, DCP East Texas Gathering LLC, DCP GCX Pipeline LLC, DCP Grands Lacs LLC, DCP Guadalupe Pipeline LLC, DCP Hinshaw Pipeline LLC, DCP Intrastate Network LLC, DCP LP Holdings LLC, DCP Litchfield LLC, DCP Lucerne 2 Plant LLC, DCP Michigan Holdings LLC, DCP Michigan Pipeline & Processing LLC, DCP Midstream Holding LLC, DCP Midstream Marketing LLC, DCP Midstream Operating LLC, DCP Midstream Operating LP, DCP Mobile Bay Processing LLC, DCP NGL Operating LLC, DCP NGL Services LLC, DCP New Mexico Development LLC, DCP Operating Company LP, DCP Partners Colorado LLC, DCP Partners Logistics LLC, DCP Partners MB I LLC, DCP Partners MB II LLC, DCP Pipeline Holding LLC, DCP Raptor Pipeline LLC, DCP Receivables LLC, DCP Saginaw Bay Lateral LLC, DCP South Central Texas LLC, DCP Sweeny LLC, DCP Technology Ventures LLC, DCP Tolar Holdings LLC, DCP Wattenberg Pipeline LLC, DCP Wyoming Assets LLC, DCP Zia Plant LLC, Dauphin Island Gathering Partners, EasTrans LLC, Empire Truss, Fuels Cotton Valley Gathering LLC, Jackson Pipeline Company (75%), Marysville Hydrocarbons Holdings LLC, Marysville Hydrocarbons LLC, National Helium LLC, ProBuild Holdings, Saginaw Bay Lateral Michigan Limited Partnership (46%), Trim Tech of Austin, and Wilbreeze Pipeline LLC.
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How can I contact DCP Midstream?: DCP Midstream's mailing address is 370 17TH STREET SUITE 2500, DENVER CO, 80202. The official website for the company is www.dcpmidstream.com. The pipeline company can be reached via phone at (303) 595-3331, via email at mmcginnis@dcpmidstream.com, or via fax at 303-633-2921.

This page (NYSE:DCP) was last updated on 10/2/2022 by MarketBeat.com Staff

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DCP Midstream - DCP Stock Forecast, Price & News

DCP Midstream MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows