DCP Midstream, LP DCP
At closeJun 14, 2023, 4:02 PM EDT
52-week range unavailable
- Market cap
- 8.70B
- Revenue (ttm)
- 14.23B
- Profit margin
- 8.32%
- Shares out
- 208.66M
- Forward P/E
- 10.80
- Dividend
- 1.72 (4.13%)
- Ex-dividend date
- Apr 27, 2023
- Volume
- 9.52M
- Open
- 41.70
- Previous close
- 41.69
- Day's range
- 41.69 – 41.73
- Beta
- 2.33
- Analysts
- Hold
- Price target
- 42.00 (+0.7%)
- Earnings date
- Aug 1, 2023
2Y +11.22 (+36.82%)
Key statistics
- Enterprise value
- 13.98B
- PEG ratio
- 0.34
- Price / sales
- 0.61
- Price / book
- 1.48
- Dividend yield
- 4.13%
- Payout ratio
- 31.23%
- Revenue growth
- -26.90%
- Free cash flow
- 679.00M
- Total cash
- 2.00M
- Total debt
- 5.00B
- Return on equity
- 19.75%
- Short % of float
- 3.82%
- 50-day average
- 41.64
- 200-day average
- 40.35
Analyst view
Consensus: hold
- Strong buy1
- Buy3
- Hold7
- Sell2
- Strong sell0
Next earnings
Aug 1, 2023
Expected Aug 1, 2023. Consensus EPS estimate 1.07.
Financials — quick view
Earnings
| Report date | Quarter ending | EPS estimate | EPS reported | Surprise | Surprise % |
|---|---|---|---|---|---|
| Aug 1, 2023 | Jun 1, 2023 | 1.16 | — | — | — |
| May 3, 2023 | Mar 1, 2023 | 1.10 | — | — | — |
| Feb 8, 2023 | Dec 1, 2022 | 1.05 | — | — | — |
| Nov 2, 2022 | Sep 1, 2022 | 1.05 | — | — | — |
| Aug 2, 2022 | Jun 1, 2022 | 1.14 | — | — | — |
| May 4, 2022 | Mar 1, 2022 | 0.97 | — | — | — |
Upgrades / downgrades
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Jan 12, 2023 | Mizuho | down | Buy | Neutral |
| Jan 9, 2023 | Raymond James | down | Strong Buy | Market Perform |
| Nov 11, 2022 | Wells Fargo | down | Overweight | Equal-Weight |
| Aug 18, 2022 | RBC Capital | down | Outperform | Sector Perform |
| Aug 16, 2022 | Barclays | main | — | Overweight |
| Aug 4, 2022 | Mizuho | main | — | Buy |
About DCP Midstream, LP
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 two segments, 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 36 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.
- Sector
- Energy
- Industry
- Oil & Gas Midstream
- Country
- United States
- Website
- dcpmidstream.com
News
Benzinga's Top Ratings Upgrades, Downgrades For November 11, 2022 - Earnings Scheduled For August 2, 2022
Earnings Scheduled For May 4, 2022 
Stocks That Hit 52-Week Highs On Thursday 
Earnings Scheduled For February 9, 2022 
Earnings Scheduled For November 2, 2021 - Benzinga's Top Ratings Upgrades, Downgrades For August 9, 2021
Earnings Scheduled For August 4, 2021 - Stocks That Hit 52-Week Highs On Monday
- Stocks That Hit 52-Week Highs On Friday
Your note
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Insider holders
| Insider | Relation | Latest transaction | Date | Shares held |
|---|---|---|---|---|
| BACKES BRENT L | General Counsel | Conversion of Exercise of derivative security | Dec 30, 2020 | 29,189 |
| BALDRIDGE DONALD A | Chief Executive Officer | Conversion of Exercise of derivative security | Mar 2, 2023 | 38,353 |
| DELMORO SCOTT RICHARD | Officer | Conversion of Exercise of derivative security | Mar 2, 2023 | 3,623 |
| DENTON CLIFFORD TODD | Director | Sale | Aug 22, 2022 | 2,750 |
| FOWLER FRED J | Director | Stock Award(Grant) | Aug 3, 2022 | 61,700 |
| GREEN GEORGE R | General Counsel | Conversion of Exercise of derivative security | Mar 2, 2023 | 3,194 |
Institution ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Morgan Stanley | 4.22% | 8,801,273 | 366.93M | Mar 30, 2023 |
| JP Morgan Chase & Company | 3.77% | 7,858,155 | 327.61M | Mar 30, 2023 |
| Blackstone Inc | 3.42% | 7,139,796 | 297.66M | Mar 30, 2023 |
| Bank of America Corporation | 3.00% | 6,252,415 | 260.66M | Mar 30, 2023 |
| Goldman Sachs Group Inc | 2.87% | 5,985,282 | 249.53M | Mar 30, 2023 |
| Tortoise Capital Advisors, LLC | 2.83% | 5,903,308 | 246.11M | Mar 30, 2023 |
Fund ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Alps ETF Tr-Alerian MLP ETF | 6.49% | 13,532,566 | 564.17M | Nov 29, 2022 |
| Blackrock Large Cap Ser Fds-Blackrock Event Driven Equity Fd | 2.69% | 5,608,323 | 233.81M | Feb 27, 2023 |
| Goldman Sachs Tr-Goldman Sachs MLP Energy Infrastructure Fund | 1.07% | 2,228,952 | 92.93M | Feb 27, 2023 |
| Global X Fds-Global X MLP ETF | 0.78% | 1,628,891 | 67.91M | Mar 30, 2023 |
| Tortoise Energy Infrastructure Total Return Fund | 0.58% | 1,202,202 | 50.12M | Mar 30, 2023 |
| Invesco Steelpath MLP Select 40 Fund | 0.48% | 1,002,978 | 41.81M | Nov 29, 2022 |