|Bid||23.27 x 800|
|Ask||23.42 x 1000|
|Day's Range||22.00 - 24.44|
|52 Week Range||2.20 - 25.24|
|Beta (5Y Monthly)||3.65|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 04, 2021 - May 10, 2021|
|Forward Dividend & Yield||1.56 (6.47%)|
|Ex-Dividend Date||Feb 04, 2021|
|1y Target Est||24.00|
DENVER, Feb. 19, 2021 (GLOBE NEWSWIRE) -- DCP Midstream, LP (NYSE: DCP) has filed its Form 10-K for the fiscal year ended December 31, 2020 with the Securities and Exchange Commission. A copy of the Form 10-K, which contains our audited financial statements, is available on the investor section of our website at www.dcpmidstream.com. Investors may request a hardcopy of the Form 10-K free of charge by sending a request to the office of the Corporate Secretary of DCP Midstream at 370 17th Street, Suite 2500, Denver, Colorado 80202. INVESTOR RELATIONS:Sarah SandbergPhone:303-605-1626 About DCP Midstream, LPDCP Midstream, LP (NYSE: DCP) is a Fortune 500 midstream master limited partnership headquartered in Denver, Colorado, with a diversified portfolio of gathering, processing, logistics and marketing assets. DCP is one of the largest natural gas liquids producers and marketers and one of the largest natural gas processors in the U.S. The owner of DCP’s general partner is a joint venture between Enbridge and Phillips 66. For more information, visit the DCP Midstream, LP website at www.dcpmidstream.com.
Image source: The Motley Fool. DCP Midstream, LP (NYSE: DCP)Q4 2020 Earnings CallFeb 11, 2021, 10:00 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorLadies and gentlemen, thank you for standing by, and welcome to Q4 2020 DCP Midstream Earnings Conference Call.
DCP Midstream (NYSE:DCP) reported Q4 sales of $1.78 billion. Earnings fell to a loss of $546.00 million, resulting in a 1010.0% decrease from last quarter. In Q3, DCP Midstream earned $60.00 million and total sales reached $1.59 billion. What Is Return On Capital Employed? Changes in earnings and sales indicate shifts in DCP Midstream's Return on Capital Employed, a measure of yearly pre-tax profit relative to capital employed by a business. Generally, a higher ROCE suggests successful growth of a company and is a sign of higher earnings per share in the future. In Q4, DCP Midstream posted an ROCE of -0.09%. It is important to keep in mind ROCE evaluates past performance and is not used as a predictive tool. It is a good measure of a company's recent performance, but several factors could affect earnings and sales in the near future. View more earnings on DCP ROCE is an important metric for the comparison of similar companies. A relatively high ROCE shows DCP Midstream is potentially operating at a higher level of efficiency than other companies in its industry. If the company is generating high profits with its current level of capital, some of that money can be reinvested in more capital which will generally lead to higher returns and earnings per share growth. In DCP Midstream's case, the ROCE ratio shows the amount of assets may not be helping the company achieve higher returns. Investors may take this into account before making any long-term financial decisions. Q4 Earnings Recap DCP Midstream reported Q4 earnings per share at $0.34/share, which did not meet analyst predictions of $0.49/share. See more from BenzingaClick here for options trades from BenzingaEarnings Scheduled For February 10, 2021Analyzing DCP Midstream's Ex-Dividend Date© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.