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DCP

DCP Midstream, LP

Energy

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Price alert · DCP

All alert types
41.69 0.00 0.00%
As of Jun 14, 2023
41.69 Day range 41.73

52-week range unavailable

Open
41.70
Prev close
41.69
Mkt cap
8.70B
Vol
9.52M
Avg vol
0
EPS
0.00
P/E
0.00
Div yield
4.13%
More statistics
Low
41.69
High
41.73
Forward P/E
10.80
Beta
2.33
Short ratio
6.39
Inst. own
36.78%
Dividend
1.72
Ex-div date
Apr 27, 2023
Earnings
Aug 1, 2023
50-d avg
41.64
200-d avg
40.35
1y target
42.00

2Y chart

Chart tools
Interval
DCP two-year price chart23.628.232.937.542.1Nov 21Feb 22Jun 22Oct 22Feb 23Jun 23

Key statistics

Market cap
8.70B
Enterprise value
13.98B
Trailing P/E
7.75
Forward P/E
10.80
PEG ratio
0.34
Price / sales
0.61
Price / book
1.48
EPS (TTM)
5.38
Beta
2.33
Dividend yield
4.13%
Payout ratio
31.23%
Profit margin
8.32%
Revenue (TTM)
14.23B
Revenue growth
-26.90%
Free cash flow
679.00M
Total cash
2.00M
Total debt
5.00B
Return on equity
19.75%
Shares outstanding
208.66M
Short % of float
3.82%
50-day average
41.64
200-day average
40.35

Analyst view

Consensus: hold

Hold
Price target (mean) 42.00
Ratings (0m) 13 4 buy · 7 hold · 2 sell
  • Strong buy1
  • Buy3
  • Hold7
  • Sell2
  • Strong sell0

Next earnings

Aug 1, 2023

Expected Aug 1, 2023. Consensus EPS estimate 1.07.

Earnings history

Financials — quick view

All financials
DCP Revenue — quarterly 1.84B
2019-Q3 20192019-Q4 20192020-Q1 20202020-Q2 20202020-Q3 20202020-Q4 20202021-Q1 20212021-Q2 20212021-Q3 20212021-Q4 20212022-Q1 20222022-Q2 20222022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 2023
DCP Net income — quarterly 94.00M
2019-Q3 20192019-Q4 20192020-Q1 20202020-Q2 20202020-Q3 20202020-Q4 20202021-Q1 20212021-Q2 20212021-Q3 20212021-Q4 20212022-Q1 20222022-Q2 20222022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 2023
DCP EPS — quarterly 0.40
2019-Q3 20192019-Q4 20192020-Q1 20202020-Q2 20202020-Q3 20202020-Q4 20202021-Q1 20212021-Q2 20212021-Q3 20212021-Q4 20212022-Q1 20222022-Q2 20222022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 2023

Earnings

DCP recent earnings
Report dateQuarter endingEPS estimateEPS reportedSurpriseSurprise %
Aug 1, 2023Jun 1, 20231.16———
May 3, 2023Mar 1, 20231.10———
Feb 8, 2023Dec 1, 20221.05———
Nov 2, 2022Sep 1, 20221.05———
Aug 2, 2022Jun 1, 20221.14———
May 4, 2022Mar 1, 20220.97———

Upgrades / downgrades

DCP analyst upgrades and downgrades
DateFirmActionFromTo
Jan 12, 2023MizuhodownBuyNeutral
Jan 9, 2023Raymond JamesdownStrong BuyMarket Perform
Nov 11, 2022Wells FargodownOverweightEqual-Weight
Aug 18, 2022RBC CapitaldownOutperformSector Perform
Aug 16, 2022Barclaysmain—Overweight
Aug 4, 2022Mizuhomain—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

News

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Insider holders

DCP insider holders
InsiderRelationLatest transactionDateShares held
BACKES BRENT LGeneral CounselConversion of Exercise of derivative securityDec 30, 202029,189
BALDRIDGE DONALD AChief Executive OfficerConversion of Exercise of derivative securityMar 2, 202338,353
DELMORO SCOTT RICHARDOfficerConversion of Exercise of derivative securityMar 2, 20233,623
DENTON CLIFFORD TODDDirectorSaleAug 22, 20222,750
FOWLER FRED JDirectorStock Award(Grant)Aug 3, 202261,700
GREEN GEORGE RGeneral CounselConversion of Exercise of derivative securityMar 2, 20233,194

Institution ownership

DCP institution ownership
Holder% heldSharesValueReported
Morgan Stanley4.22%8,801,273366.93MMar 30, 2023
JP Morgan Chase & Company3.77%7,858,155327.61MMar 30, 2023
Blackstone Inc3.42%7,139,796297.66MMar 30, 2023
Bank of America Corporation3.00%6,252,415260.66MMar 30, 2023
Goldman Sachs Group Inc2.87%5,985,282249.53MMar 30, 2023
Tortoise Capital Advisors, LLC2.83%5,903,308246.11MMar 30, 2023

Fund ownership

DCP fund ownership
Holder% heldSharesValueReported
Alps ETF Tr-Alerian MLP ETF6.49%13,532,566564.17MNov 29, 2022
Blackrock Large Cap Ser Fds-Blackrock Event Driven Equity Fd2.69%5,608,323233.81MFeb 27, 2023
Goldman Sachs Tr-Goldman Sachs MLP Energy Infrastructure Fund1.07%2,228,95292.93MFeb 27, 2023
Global X Fds-Global X MLP ETF0.78%1,628,89167.91MMar 30, 2023
Tortoise Energy Infrastructure Total Return Fund0.58%1,202,20250.12MMar 30, 2023
Invesco Steelpath MLP Select 40 Fund0.48%1,002,97841.81MNov 29, 2022
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