DCP Midstream, LP (DCP)
| 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]
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 StatementsAnalyst 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.
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).
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.
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?
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...
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...
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.
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.
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.
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...
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 ...
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.
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...
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...
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...
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 ...
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 ...
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...
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.
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.
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...
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.
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.
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.
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.
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...