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 +12.17 (+41.23%)
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
JP3E Holdings Unveils Revolutionary TBURN × DCP Platform: Poised to Capture $4.6B+ Market Opportunity in Next-Generation Digital Economy 
JP3E Holdings Unveils Revolutionary TBURN × DCP Platform: Poised to Capture $4.6B+ Market Opportunity in Next-Generation Digital Economy 
Notification of Transactions by Persons Discharging Managerial Responsibilities and Issuance of New Shares in Connection with DCP 
Range Energy Announces the Development of a Trailer Data and Telematics Platform to Enhance Operational Efficiency for Fleets 
TortoiseEcofin Announces Constituent Changes Due to Corporate Action 
New Strong Sell Stocks for June 6th 
Why Is DCP Midstream Partners, LP (DCP) Up 0.3% Since Last Earnings Report? 
Bridger Photonics Aerial Laser Technology Helps Phillips 66 Reduce Methane Emissions 
DCP Midstream (DCP) Gains Marginally Despite Q1 Earnings Miss 
Jamieson Wellness Inc. Completes Previously Announced Distributor Transaction in China
Your note
Sign in to keep a note on DCP — it syncs with the Stock Master app.
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 |