DCP Midstream, LP (DCP)

NYSE: DCP · IEX Real-Time Price · USD
41.76
+0.11 (0.25%)
Mar 31, 2023, 11:17 AM EDT - Market open
0.25%
Market Cap 8.71B
Revenue (ttm) 14.99B
Net Income (ttm) 982.00M
Shares Out 208.55M
EPS (ttm) 4.71
PE Ratio 8.86
Forward PE 6.74
Dividend $1.68 (4.02%)
Ex-Dividend Date Feb 2, 2023
Volume 145,662
Open 41.76
Previous Close 41.65
Day's Range 41.72 - 41.80
52-Week Range 26.44 - 42.15
Beta 2.34
Analysts Sell
Price Target 41.92 (+0.4%)
Earnings Date May 3, 2023

About DCP

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 re... [Read more]

Sector Energy
IPO Date Dec 2, 2005
Country United States
Stock Exchange NYSE
Ticker Symbol DCP
Full Company Profile

Financial Performance

In 2022, DCP's revenue was $14.99 billion, an increase of 40.03% compared to the previous year's $10.71 billion. Earnings were $982.00 million, an increase of 195.78%.

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for DCP stock is "Sell." The 12-month stock price forecast is $41.92, which is an increase of 0.40% from the latest price.

Price Target
$41.92
(0.40% upside)
Analyst Consensus: Sell
Stock Forecasts

News

Energy Market Is Volatile: 3 Midstream Stocks to Keep an Eye On

Amid heightened volatility, it would be wise for investors to keep an eye on midstream stocks like DCP Midstream (DCP), The Williams Companies (WMB) and MPLX LP (MPLX).

Other symbols: MPLXWMB
3 days ago - Zacks Investment Research

Here's Why Hold Strategy is Apt for DCP Midstream (DCP) Stock

For the year ended Dec 31, 2022, DCP Midstream (DCP) reduces about $570 million in absolute debt.

6 days ago - Zacks Investment Research

DCP Midstream Partners, LP (DCP) Up 0.2% Since Last Earnings Report: Can It Continue?

DCP Midstream Partners, LP (DCP) reported earnings 30 days ago. What's next for the stock?

2 weeks ago - Zacks Investment Research

SHAREHOLDER ALERT: Weiss Law Reminds DCP, MLVF, SHBI, and CBIO Shareholders About Its Ongoing Investigations

NEW YORK , March 7, 2023 /PRNewswire/ -- If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or your rights...

Other symbols: CBIOMLVFSHBI
3 weeks ago - PRNewsWire

DCP Midstream Files Form 10-K for Fiscal Year 2022

DENVER, Feb. 17, 2023 (GLOBE NEWSWIRE) -- DCP Midstream, LP (NYSE: DCP) has filed its Form 10-K for the fiscal year ended December 31, 2022 with the Securities and Exchange Commission. A copy of the F...

1 month ago - GlobeNewsWire

DCP Midstream (DCP) Q4 Earnings Beat, Revenues Decline Y/Y

Favorable NGL and gas marketing results, and tariffs on NGL pipelines aid DCP Midstream's (DCP) earnings in Q4.

1 month ago - Zacks Investment Research

DCP Midstream Reports Fourth Quarter And Full Year 2022 Results

DENVER, Feb. 08, 2023 (GLOBE NEWSWIRE) -- Today, DCP Midstream, LP (NYSE: DCP) reported its financial results for the quarter and year ended December 31, 2022.

1 month ago - GlobeNewsWire

DCP Midstream Partners, LP (DCP) Flat As Market Gains: What You Should Know

DCP Midstream Partners, LP (DCP) closed at $42.04 in the latest trading session, marking no change from the prior day.

2 months ago - Zacks Investment Research

Should Value Investors Buy DCP Midstream Partners (DCP) Stock?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest...

2 months ago - Zacks Investment Research

DCP Midstream Announces Common and Preferred Unit Distributions

DENVER, Jan. 24, 2023 (GLOBE NEWSWIRE) -- DCP Midstream, LP (NYSE: DCP) announced today that the board of directors of its general partner declared a fourth quarter 2022 Common Unit cash distribution ...

2 months ago - GlobeNewsWire

DCP Midstream Partners, LP (DCP) Flat As Market Sinks: What You Should Know

DCP Midstream Partners, LP (DCP) closed at $41.98 in the latest trading session, marking no change from the prior day.

2 months ago - Zacks Investment Research

Here Is Why Bargain Hunters Would Love Fast-paced Mover DCP Midstream Partners, LP (DCP)

DCP Midstream Partners, LP (DCP) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently bu...

2 months ago - Zacks Investment Research

SHAREHOLDER ALERT: Rigrodsky Law, P.A. Is Investigating DCP Midstream, LP Buyout

Wilmington, Delaware--(Newsfile Corp. - January 11, 2023) - Rigrodsky Law, P.A. is investigating DCP Midstream, LP ("DCP") (NYSE: DCP) regarding possible breaches of fiduciary duties and other violati...

2 months ago - Newsfile Corp

SHAREHOLDER ALERT: Weiss Law Investigates DCP Midstream, LP

NEW YORK , Jan. 10, 2023 /PRNewswire/ -- Weiss Law is investigating possible violations of law connected with the proposed acquisition of DCP Midstream, LP ("DCP Midstream") (NYSE: DCP) by Phillips 66...

Other symbols: PSX
2 months ago - PRNewsWire

DCP Midstream Partners, LP (DCP) Soars 6.7%: Is Further Upside Left in the Stock?

DCP Midstream Partners, LP (DCP) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in ...

2 months ago - Zacks Investment Research

Phillips 66 buys public units of pipeline operator DCP Midstream for $3.8 bln

Phillips 66 said on Friday it acquired all publicly held units of DCP Midstream LP in a sweetened deal that values the pipeline operator at about $8.7 billion and will help bulk up the U.S. refiner's ...

Other symbols: PSX
2 months ago - Reuters

DCP Stock Pops on Phillips 66 Acquisition News

Anyone who's been invested in DCP Midstream (NYSE: DCP) is probably quite happy today. That's because Phillips 66 (NYSE: PSX) agreed to buy out DCP Midstream in an all-cash transaction later this ye...

Other symbols: PSX
2 months ago - InvestorPlace

Buy These 5 Low Price-to-Sales Stocks to Get Standout Returns

The price-to-sales ratio is a convenient tool to gauge the value of stocks incurring losses or in an early development cycle. Stocks like AIR, SIG, VSH, DCP and FAF hold promise.

Other symbols: AIRFAFSIGVSH
3 months ago - Zacks Investment Research

3 Standout Relative Price Strength Stocks to Buy for 2023

American Airlines (AAL), Titan Machinery (TITN), and DCP Midstream Partners (DCP) are three stocks with explosive relative price strength.

Other symbols: AALTITN
3 months ago - Zacks Investment Research

DCP Midstream stock up 5% as Phillips 66 moves to grow its stake

DCP Midstream LP DCP, +1.89% stock rose 5.4% in premarket trades on Friday after its corporate parent Phillips 66 PSX, +2.32% said it would pay $41.75 per common unit to increase its stake in the pipe...

Other symbols: PSX
3 months ago - Market Watch

After a Gloomy 2022, 2023 Could be Much Better: 5 Growth Picks

2023 is likely to be a much better year for the stock market than last year. Hence, it's wise for investors to invest in growth stocks like CalMaine Foods (CALM), ADT and Halliburton (HAL) as of now.

Other symbols: ADTCALMCHSHAL
3 months ago - Zacks Investment Research

3 Energy Pipeline Stocks for Strong Yield, Inflation Hedge

DCP Midstream Partners (DCP), Global Partners LP (GLP) and Delek Logistics Partners (DKL) are among the best inflation-protected investments in today's markets.

Other symbols: DKLGLP
3 months ago - Zacks Investment Research

Here's Why DCP Midstream (DCP) is an Attractive Investment Bet

DCP Midstream (DCP) strongly focuses on strengthening its balance sheet with the foremost priority of reducing its debt load.

3 months ago - Zacks Investment Research

Are Oils-Energy Stocks Lagging DCP Midstream Partners (DCP) This Year?

Here is how DCP Midstream Partners, LP (DCP) and Murphy USA (MUSA) have performed compared to their sector so far this year.

3 months ago - Zacks Investment Research

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

DCP Midstream Partners, LP (DCP) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the seve...

3 months ago - Zacks Investment Research