How were DCP Midstream's earnings last quarter?

DCP Midstream, LP (NYSE:DCP) announced its quarterly earnings results on Wednesday, May, 3rd. The pipeline company reported $0.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.97 by $0.02. The pipeline company earned $2.73 billion during the quarter, compared to analyst estimates of $3.60 billion. DCP Midstream had a net margin of 8.25% and a trailing twelve-month return on equity of 20.86%. The firm's revenue was down 19.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.32 EPS.

How often does DCP Midstream pay dividends? What is the dividend yield for DCP Midstream?

DCP Midstream announced a quarterly dividend on Wednesday, April 19th. Investors of record on Monday, May 1st will be paid a dividend of $0.43 per share on Monday, May 15th. This represents a $1.72 annualized dividend and a dividend yield of 4.13%. The ex-dividend date is Friday, April 28th. Read our dividend analysis for DCP .

Is DCP Midstream a good dividend stock?

DCP Midstream (NYSE:DCP) pays an annual dividend of $1.72 per share and currently has a dividend yield of 4.13%. DCP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 31.91%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, DCP will have a dividend payout ratio of 40.38% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for DCP .

What is Wouter van Kempen's approval rating as DCP Midstream's CEO?

125 employees have rated DCP Midstream Chief Executive Officer Wouter van Kempen on Glassdoor.com . Wouter van Kempen has an approval rating of 71% among the company's employees.

What other stocks do shareholders of DCP Midstream own?

Based on aggregate information from My MarketBeat watchlists, some companies that other DCP Midstream investors own include Energy Transfer (ET) , NGL Energy Partners (NGL) , Enterprise Products Partners (EPD) , AT&T (T) , Annaly Capital Management (NLY) , Martin Midstream Partners (MMLP) , Alliance Resource Partners (ARLP) , AGNC Investment (AGNC) , Chimera Investment (CIM) and New Residential Investment (NRZ) .

Does DCP Midstream have any subsidiaries?

The following companies are subsidiares of DCP Midstream: BMC, Centana Intrastate Pipeline LLC, Cimarron River Pipeline LLC, Collbran Valley Gas Gathering LLC (75%), DCP Assets Holding GP LLC, DCP Assets Holding LP, DCP Black Lake Holdings LP, DCP Chesapeake LLC, DCP Cheyenne Connector LLC, DCP Dauphin Island LLC, DCP East Texas Gathering LLC, DCP GCX Pipeline LLC, DCP Grands Lacs LLC, DCP Guadalupe Pipeline LLC, DCP Hinshaw Pipeline LLC, DCP Intrastate Network LLC, DCP LP Holdings LLC, DCP Litchfield LLC, DCP Lucerne 2 Plant LLC, DCP Michigan Holdings LLC, DCP Michigan Pipeline & Processing LLC, DCP Midstream Holding LLC, DCP Midstream Marketing LLC, DCP Midstream Operating LLC, DCP Midstream Operating LP, DCP Mobile Bay Processing LLC, DCP NGL Operating LLC, DCP NGL Services LLC, DCP New Mexico Development LLC, DCP Operating Company LP, DCP Partners Colorado LLC, DCP Partners Logistics LLC, DCP Partners MB I LLC, DCP Partners MB II LLC, DCP Pipeline Holding LLC, DCP Raptor Pipeline LLC, DCP Receivables LLC, DCP Saginaw Bay Lateral LLC, DCP South Central Texas LLC, DCP Sweeny LLC, DCP Technology Ventures LLC, DCP Tolar Holdings LLC, DCP Wattenberg Pipeline LLC, DCP Wyoming Assets LLC, DCP Zia Plant LLC, Dauphin Island Gathering Partners, EasTrans LLC, Empire Truss, Fuels Cotton Valley Gathering LLC, Jackson Pipeline Company (75%), Marysville Hydrocarbons Holdings LLC, Marysville Hydrocarbons LLC, National Helium LLC, ProBuild Holdings, Saginaw Bay Lateral Michigan Limited Partnership (46%), Trim Tech of Austin, and Wilbreeze Pipeline LLC. Read More

NYSE:DCP

DCP Midstream (DCP) Stock Price, News & Analysis

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Today's Range: $41.69
▼
$41.69
50-Day Range: $41.43
▼
$41.69
52-Week Range: $26.44
▼
$42.15

Volume: N/A
Average Volume: 1.43 million shs
Market Capitalization: $8.70 billion

P/E Ratio: 7.73
Dividend Yield: 4.13%
Price Target: N/A

Stock Analysis

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About DCP Midstream Stock (NYSE: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 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.

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DCP Stock News Headlines

April 4, 2024 | bizjournals.com

Colorado oil production jumps, adding million of barrels in 2023

March 27, 2024 | msn.com

Phillips 66 eyes more than $1bn in pipeline stake sale

April 16, 2024 | InvestorPlace (Ad)

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March 6, 2024 | seekingalpha.com

Phillips 66 Still Has Fuel To Move Higher

March 1, 2024 | bizjournals.com

An abundance of energy

February 29, 2024 | finance.yahoo.com

Phillips 66: Phillips 66's Earnings Growth Will Reduce Reliance on Refining and Increase Shareholder Returns

February 2, 2024 | mirror.co.uk

Oklahoma gas pipeline explosion shoots flames 500ft into air and is seen 36 miles away

February 1, 2024 | finance.yahoo.com

Phillips 66: Phillps 66 Earnings: On Track for 2025 Targets With Strong Q4 Performance

April 16, 2024 | InvestorPlace (Ad)

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February 1, 2024 | finance.yahoo.com

Phillips 66 (NYSE:PSX) Q4 2023 Earnings Call Transcript

January 31, 2024 | msn.com

Are there environmental concerns after gas line explosion in Oklahoma Panhandle?

January 31, 2024 | msn.com

Watch: Pipeline explosion sends flames shooting 500 feet high near Oklahoma Panhandle

January 31, 2024 | msn.com

Watch: Massive pipeline explosion in Oklahoma sparks huge plume of smoke, no injuries reported

January 31, 2024 | finance.yahoo.com

Natgas pipeline explosion starts fire in Oklahoma - local media

January 31, 2024 | finance.yahoo.com

Phillips 66: Phillips 66 Boosts Earnings and Shareholder Return Targets

January 24, 2024 | bizjournals.com

'We are doing our best': Denver landlords under pressure as lenders take operating control of high-profile towers

January 23, 2024 | wsj.com

Hess Midstream LP Cl A

January 5, 2024 | bizjournals.com

Colorado company lands $189M Dept. of Energy loan commitment for methane monitoring

December 5, 2023 | msn.com

Why This 7 Percent Dividend Stock Surged Last Month

November 30, 2023 | benzinga.com

Phillips 66 Options Trading: A Deep Dive into Market Sentiment

November 28, 2023 | bizjournals.com

Year in Review: Chesapeake selling Eagle Ford assets to WildFire Energy was a Deal of the Week

November 9, 2023 | finance.yahoo.com

Phillips 66: Reaffirming BUY following 3Q23 results

November 8, 2023 | finanznachrichten.de

TC Energy Corporation: TC Energy appoints long-standing Board member, John E. Lowe as Chair of the Board

November 5, 2023 | uk.finance.yahoo.com

Enbridge Inc. (NYSE:ENB) Q3 2023 Earnings Call Transcript

November 3, 2023 | msn.com

Enbridge gains after Q3 earnings, deal to buy U.S. renewable gas plants for $1.2B

November 3, 2023 | finanznachrichten.de

Enbridge Inc.: Enbridge Reports Strong Third Quarter 2023 Financial Results and Reaffirms Financial Guidance and Outlook

October 30, 2023 | finance.yahoo.com

Phillips 66: Phillips 66 Earnings: Positive Update on Strategic Plan Results in Higher Shareholder Payouts

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Company Calendar

Last Earnings: 5/03/2023
Today: 4/16/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Oils/Energy
Industry: Natural gas transmission
Sub-Industry: N/A
Current Symbol: NYSE:DCP
CUSIP: N/A
CIK: 1338065
Web: www.dcpmidstream.com
Phone: (303) 595-3331
Fax: 303-633-2921
Employees: 1,910
Year Founded: 2000

Profitability

EPS (Most Recent Fiscal Year): $5.39
Trailing P/E Ratio: 7.73
Forward P/E Ratio: 9.50
P/E Growth: N/A
Net Income: $1.05 billion
Net Margins: 8.25%
Pretax Margin: 8.28%
Return on Equity: 20.86%
Return on Assets: 8.74%

Debt

Debt-to-Equity Ratio: 0.83
Current Ratio: 0.91
Quick Ratio: 0.89

Sales & Book Value

Annual Sales: $14.34 billion
Price / Sales: 0.61
Cash Flow: $7.42 per share
Price / Cash Flow: 5.62
Book Value: $27.71 per share
Price / Book: 1.50

Miscellaneous

Outstanding Shares: 208,658,000
Free Float: 208,449,000
Market Cap: $8.70 billion
Optionable: Optionable
Beta: 2.40

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Key Executives

Mr. Donald A. Baldridge (Age 53)
Interim Chief Exec. Officer of DCP Midstream GP LLC
Comp: $1.44M
Mr. William L. Johnson (Age 51)
Pres of Operations of DCP Midstream GP, LLC
Comp: $1.19M
Mr. Scott R. Delmoro (Age 51)
Interim Principal Financial Officer, VP - Fin. & Treasurer of DCP Midstream GP, LLC
Mr. Richard A. Loving (Age 54)
Chief Accounting Officer of DCP Midstream GP LLC
Ms. Irene G. Lofland (Age 52)
VP of Investor Relations
Ms. Sarah Sandberg
Sr. Director of Communications & Public Affairs
Kamal K. Gala
Assistant Gen. Counsel & Corp. Sec. of DCP Midstream GP, LLC
Mr. Michael Fullman
Director Corp. Devel. & Strategy

Key Competitors

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DCP Stock Analysis - Frequently Asked Questions

How were DCP Midstream's earnings last quarter?: DCP Midstream, LP (NYSE:DCP) announced its quarterly earnings results on Wednesday, May, 3rd. The pipeline company reported $0.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.97 by $0.02. The pipeline company earned $2.73 billion during the quarter, compared to analyst estimates of $3.60 billion. DCP Midstream had a net margin of 8.25% and a trailing twelve-month return on equity of 20.86%. The firm's revenue was down 19.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.32 EPS.
How often does DCP Midstream pay dividends? What is the dividend yield for DCP Midstream?: DCP Midstream announced a quarterly dividend on Wednesday, April 19th. Investors of record on Monday, May 1st will be paid a dividend of $0.43 per share on Monday, May 15th. This represents a $1.72 annualized dividend and a dividend yield of 4.13%. The ex-dividend date is Friday, April 28th.
Read our dividend analysis for DCP.
Is DCP Midstream a good dividend stock?: DCP Midstream (NYSE:DCP) pays an annual dividend of $1.72 per share and currently has a dividend yield of 4.13%. DCP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 31.91%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, DCP will have a dividend payout ratio of 40.38% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for DCP.
What is Wouter van Kempen's approval rating as DCP Midstream's CEO?: 125 employees have rated DCP Midstream Chief Executive Officer Wouter van Kempen on Glassdoor.com. Wouter van Kempen has an approval rating of 71% among the company's employees.

What other stocks do shareholders of DCP Midstream own?: Based on aggregate information from My MarketBeat watchlists, some companies that other DCP Midstream investors own include Energy Transfer (ET), NGL Energy Partners (NGL), Enterprise Products Partners (EPD), AT&T (T), Annaly Capital Management (NLY), Martin Midstream Partners (MMLP), Alliance Resource Partners (ARLP), AGNC Investment (AGNC), Chimera Investment (CIM) and New Residential Investment (NRZ).
Does DCP Midstream have any subsidiaries?: The following companies are subsidiares of DCP Midstream: BMC, Centana Intrastate Pipeline LLC, Cimarron River Pipeline LLC, Collbran Valley Gas Gathering LLC (75%), DCP Assets Holding GP LLC, DCP Assets Holding LP, DCP Black Lake Holdings LP, DCP Chesapeake LLC, DCP Cheyenne Connector LLC, DCP Dauphin Island LLC, DCP East Texas Gathering LLC, DCP GCX Pipeline LLC, DCP Grands Lacs LLC, DCP Guadalupe Pipeline LLC, DCP Hinshaw Pipeline LLC, DCP Intrastate Network LLC, DCP LP Holdings LLC, DCP Litchfield LLC, DCP Lucerne 2 Plant LLC, DCP Michigan Holdings LLC, DCP Michigan Pipeline & Processing LLC, DCP Midstream Holding LLC, DCP Midstream Marketing LLC, DCP Midstream Operating LLC, DCP Midstream Operating LP, DCP Mobile Bay Processing LLC, DCP NGL Operating LLC, DCP NGL Services LLC, DCP New Mexico Development LLC, DCP Operating Company LP, DCP Partners Colorado LLC, DCP Partners Logistics LLC, DCP Partners MB I LLC, DCP Partners MB II LLC, DCP Pipeline Holding LLC, DCP Raptor Pipeline LLC, DCP Receivables LLC, DCP Saginaw Bay Lateral LLC, DCP South Central Texas LLC, DCP Sweeny LLC, DCP Technology Ventures LLC, DCP Tolar Holdings LLC, DCP Wattenberg Pipeline LLC, DCP Wyoming Assets LLC, DCP Zia Plant LLC, Dauphin Island Gathering Partners, EasTrans LLC, Empire Truss, Fuels Cotton Valley Gathering LLC, Jackson Pipeline Company (75%), Marysville Hydrocarbons Holdings LLC, Marysville Hydrocarbons LLC, National Helium LLC, ProBuild Holdings, Saginaw Bay Lateral Michigan Limited Partnership (46%), Trim Tech of Austin, and Wilbreeze Pipeline LLC.
Read More

This page (NYSE:DCP) was last updated on 4/16/2024 by MarketBeat.com Staff

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DCP Midstream (DCP) Stock Price, News & Analysis

About DCP Midstream Stock (NYSE:DCP)

DCP Stock News Headlines

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Industry, Sector and Symbol

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Debt

Sales & Book Value

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DCP Stock Analysis - Frequently Asked Questions

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