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

About DCP Midstream Partners, LP (NYSE:DCP)

DCP Midstream Partners, LP logoDCP Midstream, LP, formerly DCP Midstream Partners, LP, is a producer and marketer of natural gas liquids (NGLs) in the United States. The Company is engaged in the business of gathering, compressing, treating, processing, transporting, storing and selling natural gas; producing, fractionating, transporting, storing and selling NGLs and recovering, and selling condensate, and transporting, storing and selling propane in wholesale markets. Its segments include Natural Gas Services, NGL Logistics and Wholesale Propane Logistics. The Natural Gas Services segment consists of various assets and ownership interests that provide a range of wellhead to market services for its producer customers. It owns and operates assets for its NGL Logistics business in the states of Colorado, Kansas, Louisiana, Michigan, Oklahoma and Texas. It owns or operates assets for its wholesale propane logistics business in the states of Maine, Massachusetts, New York, Pennsylvania, Vermont and Virginia.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Natural Gas Pipeline
  • Sub-Industry: N/A
  • Symbol: NYSE:DCP
  • CUSIP: N/A
  • Web: www.dcppartners.com
Capitalization:
  • Market Cap: $4.95108 billion
  • Outstanding Shares: 143,302,000
Average Prices:
  • 50 Day Moving Avg: $33.33
  • 200 Day Moving Avg: $36.90
  • 52 Week Range: $29.70 - $42.45
P/E:
  • Trailing P/E Ratio: 20.52
  • Foreward P/E Ratio: 26.58
  • P/E Growth: 7.89
Sales & Book Value:
  • Annual Revenue: $2.16 billion
  • Price / Sales: 2.29
  • Book Value: $49.54 per share
  • Price / Book: 0.70
Dividend:
  • Annual Dividend: $3.12
  • Dividend Yield: 9.0%
Profitability:
  • EBIDTA: $293 million
  • Net Margins: 10.53%
  • Return on Equity: 8.15%
  • Return on Assets: 4.25%
Debt:
  • Debt-to-Equity Ratio: 0.65%
  • Current Ratio: 0.71%
  • Quick Ratio: 0.66%
Misc:
  • Average Volume: 396,490 shs.
  • Beta: 2.1
  • Short Ratio: 8.73
 
Frequently Asked Questions for DCP Midstream Partners, LP (NYSE:DCP)

What is DCP Midstream Partners, LP's stock symbol?

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

How often does DCP Midstream Partners, LP pay dividends? What is the dividend yield for DCP Midstream Partners, LP?

DCP Midstream Partners, LP announced a quarterly dividend on Wednesday, April 26th. Shareholders of record on Tuesday, May 9th will be given a dividend of $0.78 per share on Monday, May 15th. This represents a $3.12 dividend on an annualized basis and a yield of 9.03%. The ex-dividend date is Friday, May 5th. View DCP Midstream Partners, LP's Dividend History.

How were DCP Midstream Partners, LP's earnings last quarter?

DCP Midstream Partners, LP (NYSE:DCP) posted its quarterly earnings data on Wednesday, May, 10th. The company reported $0.41 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.31 by $0.10. The firm had revenue of $2.12 billion for the quarter, compared to analyst estimates of $613.40 million. DCP Midstream Partners, LP had a net margin of 10.53% and a return on equity of 8.15%. The business's quarterly revenue was up 44.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.36 EPS. View DCP Midstream Partners, LP's Earnings History.

Where is DCP Midstream Partners, LP's stock going? Where will DCP Midstream Partners, LP's stock price be in 2017?

9 brokerages have issued 12 month price targets for DCP Midstream Partners, LP's shares. Their forecasts range from $34.00 to $47.00. On average, they anticipate DCP Midstream Partners, LP's share price to reach $40.13 in the next year. View Analyst Ratings for DCP Midstream Partners, LP.

What are analysts saying about DCP Midstream Partners, LP stock?

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. " (7/18/2017)
  • 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)

Who are some of DCP Midstream Partners, LP's key competitors?

Who are DCP Midstream Partners, LP's key executives?

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

How do I buy DCP Midstream Partners, LP stock?

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.

What is DCP Midstream Partners, LP's stock price today?

One share of DCP Midstream Partners, LP stock can currently be purchased for approximately $34.55.


MarketBeat Community Rating for DCP Midstream Partners, LP (NYSE DCP)
Community Ranking:  2.3 out of 5 ( )
Outperform Votes:  178 (Vote Outperform)
Underperform Votes:  211 (Vote Underperform)
Total Votes:  389
MarketBeat's community ratings are surveys of what our community members think about DCP Midstream Partners, LP and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for DCP Midstream Partners, LP (NYSE:DCP) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 4 Hold Ratings, 4 Buy Ratings
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: $40.13 (16.14% upside)

Analysts' Ratings History for DCP Midstream Partners, LP (NYSE:DCP)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/24/2017US Capital AdvisorsUpgradeHold -> OverweightLowView Rating Details
2/18/2017FBR & CoSet Price TargetHold$36.00N/AView Rating Details
2/16/2017Drexel HamiltonUpgradeHold -> Buy$47.00N/AView Rating Details
2/15/2017Stifel NicolausBoost Price Target$47.00N/AView Rating Details
2/15/2017Credit Suisse GroupUpgradeUnderperform -> Neutral$44.00N/AView Rating Details
1/24/2017Morgan StanleyInitiated CoverageSell$34.00N/AView Rating Details
1/18/2017Citigroup Inc.DowngradeBuy -> Neutral$39.00N/AView Rating Details
1/5/2017Royal Bank Of CanadaDowngradeOutperform -> Sector Perform$37.00 -> $38.00N/AView Rating Details
8/31/2016WunderlichBoost Price TargetBuy$35.00 -> $36.00N/AView Rating Details
7/21/2016Ladenburg Thalmann Financial ServicesDowngradeBuy -> Neutral$36.00N/AView Rating Details
6/21/2016Bank of America CorporationBoost Price TargetBuy$25.00 -> $36.00N/AView Rating Details
6/8/2016Jefferies Group LLCDowngradeBuy -> Hold$32.00 -> $35.00N/AView Rating Details
5/10/2016Goldman Sachs Group, Inc. (The)Reiterated RatingSell$18.00 -> $30.00N/AView Rating Details
5/9/2016Wells Fargo & CompanyDowngradeOutperform -> Market PerformN/AView Rating Details
3/18/2016Barclays PLCBoost Price TargetEqual Weight$23.00 -> $31.00N/AView Rating Details
2/8/2016Deutsche Bank AGInitiated CoverageHold$19.00N/AView Rating Details
(Data available from 7/24/2015 forward)

Earnings

Earnings History for DCP Midstream Partners, LP (NYSE:DCP)
Earnings by Quarter for DCP Midstream Partners, LP (NYSE:DCP)
Earnings History by Quarter for DCP Midstream Partners, LP (NYSE DCP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/10/2017Q1 2017$0.31$0.41$613.40 million$2.12 billionViewN/AView Earnings Details
2/14/2017Q416$0.48$0.38$396.29 million$398.00 millionViewListenView Earnings Details
11/2/2016Q316$0.43$0.51$397.82 million$372.00 millionViewListenView Earnings Details
8/3/2016Q2$0.41$0.12$385.48 million$348.00 millionViewListenView Earnings Details
5/4/2016Q116$0.66$0.75$575.65 million$379.00 millionViewListenView Earnings Details
2/24/2016Q4$0.70$0.81$583.51 million$435.00 millionViewListenView Earnings Details
11/4/2015Q3$0.62$0.71$727.67 million$465.00 millionViewListenView Earnings Details
8/5/2015Q215$0.52$0.62$714.68 million$430.00 millionViewListenView Earnings Details
5/6/2015Q115$0.65$0.71$998.80 million$568.00 millionViewListenView Earnings Details
2/24/2015Q414$0.59$0.49$1.05 billion$881.00 millionViewListenView Earnings Details
11/5/2014Q314$0.45$0.63$871.20 million$868.00 millionViewListenView Earnings Details
8/5/2014Q214$0.44$0.29$908.50 million$812.00 millionViewListenView Earnings Details
5/6/2014Q1$0.66$0.65$978.54 million$1.08 billionViewListenView Earnings Details
2/26/2014Q4$0.44$0.49$796.91 million$743.00 millionViewListenView Earnings Details
11/6/2013Q313$0.31$0.35$635.42 million$641.00 millionViewListenView Earnings Details
8/6/2013Q2 2013$0.37$0.36$628.14 millionViewListenView Earnings Details
2/27/2013Q4 2012$0.52$0.83$543.83 million$450.50 millionViewListenView Earnings Details
5/5/2011$0.47$0.54ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for DCP Midstream Partners, LP (NYSE:DCP)
2017 EPS Consensus Estimate: $0.79
2018 EPS Consensus Estimate: $1.14
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.21$0.38$0.30
Q2 20172$0.02$0.14$0.08
Q3 20172$0.14$0.18$0.16
Q4 20172$0.20$0.30$0.25
Q1 20182$0.27$0.36$0.32
Q2 20182$0.13$0.33$0.23
Q3 20182$0.11$0.39$0.25
Q4 20182$0.21$0.48$0.35
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for DCP Midstream Partners, LP (NYSE:DCP)
Most Recent Dividend:5/15/2017
Annual Dividend:$3.12
Dividend Yield:9.03%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:184.62% (Trailing 12 Months of Earnings)
288.89% (Based on This Year's Estimates)
240.00% (Based on Next Year's Estimates)
Dividend Payments by Quarter for DCP Midstream Partners, LP (NYSE:DCP)

Dividend History by Quarter for DCP Midstream Partners, LP (NYSE DCP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
4/26/2017quarterly$0.788.02%5/5/20175/9/20175/15/2017
1/27/2017quarterly$0.787.8%2/3/20172/7/20172/14/2017
10/28/2016quarterly$0.789.24%11/4/201611/8/201611/14/2016
7/27/2016quarterly$0.789.5%8/3/20168/5/20168/12/2016
4/27/2016quarterly$0.789.4%5/4/20165/6/20165/13/2016
1/28/2016quarterly$0.7816.96%2/4/20162/8/20162/12/2016
10/27/2015Quarterly$0.7811/4/201511/6/201511/13/2015
7/28/2015$0.788/5/20158/7/20158/14/2015
4/29/2015quarterly$0.787.58%5/6/20155/8/20155/15/2015
1/29/2015$0.782/5/20152/9/20152/13/2015
10/28/2014quarterly$0.775.55%11/5/201411/7/201411/14/2014
7/28/2014quarterly$0.765.34%8/6/20148/8/20148/15/2014
4/28/2014quarterly$0.755.57%5/6/20145/8/20145/15/2014
1/30/2014quarterly$0.735.92%2/5/20142/7/20142/14/2014
1/28/2014$0.732/5/20142/7/20142/14/2014
10/28/2013quarterly$0.725.89%11/5/201311/7/201311/14/2013
7/25/2013quarterly$0.715.43%8/5/20138/7/20138/14/2013
4/26/2013quarterly$0.705.94%5/6/20135/8/20135/15/2013
1/30/2013quarterly$0.696.16%2/5/20132/7/20132/14/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for DCP Midstream Partners, LP (NYSE:DCP)
Insider Ownership Percentage: 0.04%
Institutional Ownership Percentage: 55.98%
Insider Trades by Quarter for DCP Midstream Partners, LP (NYSE:DCP)
Insider Trades by Quarter for DCP Midstream Partners, LP (NYSE:DCP)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/27/2015Thomas C MorrisDirectorBuy5,000$39.74$198,700.00View SEC Filing  
3/4/2013Rose M RobesonCFOBuy2,500$42.39$105,975.00View SEC Filing  
3/4/2013William S WaldheimPresidentBuy2,000$42.19$84,380.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for DCP Midstream Partners, LP (NYSE:DCP)
Latest Headlines for DCP Midstream Partners, LP (NYSE:DCP)
Source:
DateHeadline
americanbankingnews.com logoQ2 2017 EPS Estimates for DCP Midstream Partners, LP Lowered by Jefferies Group (DCP)
www.americanbankingnews.com - July 21 at 8:42 AM
finance.yahoo.com logoWhat You Missed in Kinder Morgan Inc's Quarterly Report
finance.yahoo.com - July 20 at 7:51 PM
americanbankingnews.com logo$2.16 Billion in Sales Expected for DCP Midstream Partners, LP (DCP) This Quarter
www.americanbankingnews.com - July 19 at 12:50 PM
americanbankingnews.com logoQ2 2017 Earnings Forecast for DCP Midstream Partners, LP Issued By US Capital Advisors (DCP)
www.americanbankingnews.com - July 19 at 11:34 AM
americanbankingnews.com logoDCP Midstream Partners, LP (DCP) Downgraded by Zacks Investment Research
www.americanbankingnews.com - July 18 at 6:25 PM
americanbankingnews.com logoUS Capital Advisors Comments on DCP Midstream Partners, LP's FY2017 Earnings (NYSE:DCP)
www.americanbankingnews.com - July 18 at 11:39 AM
americanbankingnews.com logoDCP Midstream Partners, LP (NYSE:DCP) Given Consensus Rating of "Hold" by Brokerages
www.americanbankingnews.com - July 18 at 11:32 AM
americanbankingnews.com logoJefferies Group Research Analysts Raise Earnings Estimates for DCP Midstream Partners, LP (DCP)
www.americanbankingnews.com - July 17 at 7:54 AM
businesswire.com logoGreenfield Midstream Announces $300 Million Equity Commitment from EnCap Flatrock Midstream - Business Wire (press release)
www.businesswire.com - July 11 at 7:00 PM
americanbankingnews.com logoDCP Midstream Partners, (NYSE:DCP) & TC PipeLines, (TCP) Critical Comparison
www.americanbankingnews.com - July 10 at 4:26 PM
benzinga.com logoJim Cramer Shares His Opinion On Ford, Wells Fargo And More - Benzinga
www.benzinga.com - July 7 at 5:06 AM
finance.yahoo.com logoDCP Midstream LP breached its 50 day moving average in a Bullish Manner : DCP-US : July 4, 2017
finance.yahoo.com - July 5 at 12:34 AM
finance.yahoo.com logoDCP Midstream’s Short Interest Is the Highest among Its Peers
finance.yahoo.com - July 5 at 12:34 AM
finance.yahoo.com logoDCP Midstream Has the Highest Commodity Exposure among Its Peers
finance.yahoo.com - July 3 at 5:42 PM
finance.yahoo.com logoWES, ENLK, ENBL, and DCP: How Their Leverage Positions Compare
finance.yahoo.com - July 3 at 5:42 PM
finance.yahoo.com logoETFs with exposure to DCP Midstream LP : July 3, 2017
finance.yahoo.com - July 3 at 5:42 PM
americanbankingnews.com logoCritical Analysis: ONEOK Partners, L.P. (OKS) versus DCP Midstream Partners, (DCP)
www.americanbankingnews.com - July 3 at 8:19 AM
finance.yahoo.com logoHow the Earnings Guidances of WES, ENLK, ENBL, and DCP Compare
finance.yahoo.com - June 30 at 5:52 PM
finance.yahoo.com logoA Look into the Shale Exposures of WES, ENLK, ENBL, and DCP
finance.yahoo.com - June 30 at 5:52 PM
americanbankingnews.com logoDCP Midstream Partners, LP (DCP) Given Consensus Rating of "Hold" by Brokerages
www.americanbankingnews.com - June 23 at 10:06 AM
americanbankingnews.com logoDCP Midstream Partners, LP (DCP) to Post Q2 2017 Earnings of $0.09 Per Share, US Capital Advisors Forecasts
www.americanbankingnews.com - June 23 at 8:06 AM
finance.yahoo.com logoETFs with exposure to DCP Midstream LP : June 20, 2017
finance.yahoo.com - June 20 at 5:21 PM
finance.yahoo.com logoDCP Midstream LP :DCP-US: Earnings Analysis: Q1, 2017 By the Numbers : June 19, 2017
finance.yahoo.com - June 19 at 6:55 PM
nasdaq.com logoDCP Midstream (DCP) Shares Enter Oversold Territory - Nasdaq.com - Nasdaq
www.nasdaq.com - June 15 at 6:39 PM
fool.com logoDCP Midstream's Smart Corporate Moves Weren't Enough to Keep Its Stock from Crashing in May - Motley Fool
www.fool.com - June 9 at 8:28 AM
finance.yahoo.com logoDCP Midstream's Smart Corporate Moves Weren't Enough to Keep Its Stock from Crashing in May
finance.yahoo.com - June 8 at 5:40 PM
finance.yahoo.com logoDynCorp scores $795.3 million aircraft maintenance contract
finance.yahoo.com - June 8 at 3:22 AM
seekingalpha.com logoDCP Midstream: Yielding 9% With A Godzilla Sized Footprint In The Permian
seekingalpha.com - June 6 at 4:57 PM
finance.yahoo.com logoPrivate equity dollars boosted Virginia businesses in 2016
finance.yahoo.com - June 6 at 4:57 PM
globenewswire.com logoDCP Midstream Announces Additional Large Scale Expansion of Sand Hills Natural Gas Liquids Pipeline - GlobeNewswire (press release)
globenewswire.com - June 1 at 10:19 PM
nasdaq.com logoDCP Midstream Announces Additional Large Scale Expansion of Sand Hills Natural Gas Liquids Pipeline
www.nasdaq.com - May 30 at 4:36 PM
americanbankingnews.com logoDCP Midstream LP (DCP) Receives Consensus Recommendation of "Hold" from Analysts
www.americanbankingnews.com - May 29 at 9:32 AM
americanbankingnews.com logoUS Capital Advisors Comments on DCP Midstream LP's Q2 2017 Earnings (DCP)
www.americanbankingnews.com - May 29 at 7:14 AM
americanbankingnews.com logoQ3 2017 EPS Estimates for DCP Midstream LP Reduced by US Capital Advisors (DCP)
www.americanbankingnews.com - May 26 at 9:05 AM
americanbankingnews.com logoDCP Midstream LP (DCP) Upgraded by US Capital Advisors to Overweight
www.americanbankingnews.com - May 26 at 8:06 AM
nasdaq.com logoDCP Midstream to Participate in MLPA Investor Conference - Nasdaq
www.nasdaq.com - May 24 at 4:28 PM
finance.yahoo.com logo[$$] Is Heavy Insider Selling Bad News for Stocks?
finance.yahoo.com - May 24 at 12:34 PM
finance.yahoo.com logoDCP Midstream to Participate in MLPA Investor Conference
finance.yahoo.com - May 24 at 12:34 PM
finance.yahoo.com logoMoody's a bit more optimistic on DynCorp International
finance.yahoo.com - May 22 at 4:26 PM
seekingalpha.com logoMLPs: Think Global, Buy Local
seekingalpha.com - May 22 at 12:07 PM
globenewswire.com logoDCP Midstream Announces Strategic High-Grading of Its Portfolio - GlobeNewswire (press release)
globenewswire.com - May 17 at 4:44 PM
finance.yahoo.com logoDCP Midstream Announces Strategic High-Grading of Its Portfolio
finance.yahoo.com - May 17 at 4:44 PM
americanbankingnews.com logoDCP Midstream LP (DCP) Announces Quarterly Earnings Results
www.americanbankingnews.com - May 11 at 11:36 PM
nasdaq.com logoDCP Midstream, LP Reports First Quarter 2017 Results - Nasdaq
www.nasdaq.com - May 10 at 4:51 PM
finance.yahoo.com logoDCP Midstream, LP Reports First Quarter 2017 Results
finance.yahoo.com - May 10 at 4:51 PM
marketwatch.com logo10-Q: PHILLIPS 66
www.marketwatch.com - May 5 at 9:55 PM
americanbankingnews.com logoDCP Midstream LP (DCP) Expected to Post Quarterly Sales of $387.24 Million
www.americanbankingnews.com - May 5 at 4:58 PM
nasdaq.com logoDCP Midstream LP (DCP) Ex-Dividend Date Scheduled for May 05 ... - Nasdaq
www.nasdaq.com - May 5 at 4:53 PM
finance.yahoo.com logoDCP Midstream LP : DCP-US: Dividend Analysis : May 09th, 2017 (record date) : By the numbers : May 5, 2017
finance.yahoo.com - May 5 at 4:53 PM
nasdaq.com logoDCP Midstream Breaks Below 200-Day Moving Average - Notable for DCP
www.nasdaq.com - May 4 at 9:50 PM

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DCP Midstream Partners, LP (DCP) Chart for Monday, July, 24, 2017

This page was last updated on 7/24/2017 by MarketBeat.com Staff