DCP - DCP Midstream, LP

NYSE - NYSE Delayed Price. Currency in USD
24.25
-0.14 (-0.57%)
At close: 4:02PM EST

24.25 0.00 (0.00%)
After hours: 5:56PM EST

Stock chart is not supported by your current browser
Previous Close24.39
Open24.46
Bid24.30 x 1100
Ask24.29 x 800
Day's Range23.68 - 25.09
52 Week Range20.40 - 34.28
Volume2083005
Avg. Volume1,066,278
Market Cap5.1B
Beta (3Y Monthly)2.12
PE Ratio (TTM)N/A
EPS (TTM)-0.75
Earnings DateFeb 10, 2020 - Feb 14, 2020
Forward Dividend & Yield3.12 (12.79%)
Ex-Dividend Date2019-10-31
1y Target Est27.93
  • GlobeNewswire

    DCP Midstream to Participate in the 2019 Wells Fargo Midstream and Utility Symposium

    DENVER, Dec. 04, 2019 -- DCP Midstream, LP (NYSE: DCP) announced that Wouter van Kempen, chairman, president and chief executive officer, and Sean O’Brien, group vice president.

  • Hedge Funds Love Eagle Materials, Inc. (EXP) Way More Than These 3 Stocks
    Insider Monkey

    Hedge Funds Love Eagle Materials, Inc. (EXP) Way More Than These 3 Stocks

    The financial regulations require hedge funds and wealthy investors that exceeded the $100 million equity holdings threshold to file a report that shows their positions at the end of every quarter. Even though it isn't the intention, these filings to a certain extent level the playing field for ordinary investors. The latest round of 13F […]

  • GlobeNewswire

    DCP Midstream Announces Sale of Rock Creek Asset, Bringing Total 2019 Dispositions to Nearly $185 Million

    Today, DCP Midstream, LP (DCP) announced the execution and closing of a purchase and sale agreement under which DCP will convey 100% ownership in its Rock Creek Asset, located in the panhandle region of Oklahoma and Texas, and generally consisting of Rock Creek Plant, Sneed, Dumas, Borger and Pampa Gathering Systems, 43 field compressor stations, and approximately 3,000 miles of gathering lines. “In addition to our excess coverage, we will use the proceeds from these transactions to help fund over 35% of DCP’s 2019 strategic capital program focused on integrating and enhancing our core value chain,” said Wouter van Kempen, chairman, president, and CEO of DCP Midstream. DCP Midstream, LP (DCP) is a Fortune 500 midstream master limited partnership headquartered in Denver, Colorado, with a diversified portfolio of gathering, processing, logistics and marketing assets.

  • 7 Troubled Dividend Stocks With Yields Too Good to Be True
    InvestorPlace

    7 Troubled Dividend Stocks With Yields Too Good to Be True

    When something looks too good to be true, it probably is. How many times have you heard that saying?The real question is, how many times was it accurate? Usually, there's a trade-off between great rewards and great risks. And the companies that make up the seven dividend stocks that are too good to be true below are perfect of examples of that.Some are in sectors that should be doing well. As a matter of fact, the sectors are doing well. Just not these stocks.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThat takes me to the adage that a rising tide raises all boats. It doesn't. It raises boats that don't have holes in them and boats that the crew hasn't tied too tight to the moorings. Both are management problems. * 7 Silver and Gold Stocks to Buy That Offer Contrarian Upside The problem isn't with the dividend model itself. In fact, dividends are a must-have in my criteria for "AA-rated" stocks. It's just that these companies don't have the business model to properly back those dividends up.Anyway, the stocks may look good in theory, but they're not worth your time and patience; there are too many winners out there to pick from. Don't waste your time here. DCP Midstream (DCP)Source: IgorGolovniov / Shutterstock.com DCP Midstream (NYSE:DCP) is an integrated natural gas and natural gas liquids (NGLs) company that does everything from exploration and production to storage and distribution.Its dividend is a massive 13.7%. But usually, when the dividend is that high, it means the stock has been moving in the opposite direction. And that's the case here.DCP stock is off 36% in the past year. And it's off nearly 8% in the past three months, as the winter season hits, which is high demand season.The problem is, prices are low and exports that had been expected aren't happening yet because of the global slowdown. Neither of these issues is looking any better moving forward.What's more, the dividend now has a greater risk of being cut, which would also send the stock price down even further. AMC EntertainmentSource: QualityHD / Shutterstock.com AMC Entertainment (NYSE:AMC) is one of North America's top movie theater companies.While movies remain a big industry, the biggest challenge is the distribution channels have all shifted with the advent of streaming options like Netflix (NASDAQ:NFLX), Amazon (NASDAQ:AMZN) and now Disney (NYSE:DIS).Not only do these platforms offer original content, but for the price of one movie ticket, you can watch more than a month worth of shows. And feature-length movies run in theaters for a couple of weeks, just to show up on streaming platforms. This is greatly suppressing the theatrical release.Plus, newer movie theater companies are customizing their theaters for a more intimate and sophisticated experience. But AMC has far too many theaters to make upgrades an easy or quick project. * 10 Cheap Stocks to Buy Under $10 The stock is off 43% in the past year, so its 9% dividend isn't making much of a dent. And its recent earnings released last week were not bullish. I see much better earnings trends out there. Alliance Resource PartnersSource: Pavel Kapysh / Shutterstock.com Alliance Resource Partners (NASDAQ:ARLP) is a coal company that focuses on providing coal to utilities and industrial plants.Even with all the help of the government in Washington in recent years, coal is no longer king. And the trend, now that unconventional drilling methods have been able to access massive amounts of natural gas in the U.S., is not going to put it back on the throne anytime soon.One of the major coal players went bankrupt a couple weeks ago. And analysts are downgrading ARLP stock, which means it's not getting much attention on Wall Street, other than sells.Now, it is delivering a massive 18.1% dividend. But the stock has also lost 40% over the past 12 months. It's not exactly a winning bet.And, with dividends like that, you can be pretty sure that dividend is going to be cut -- and that will set off a deeper dive into the mine shaft. Macy'sSource: digitalreflections / Shutterstock.com Macy's (NYSE:M) was featured in a story I wrote about retailers about 10 days ago as well. Things haven't changed.This is more a story of how hubris felled the once mighty department store industry. For decades, these stores were the powerhouses of not just retail but every industry that was sold inside their stores -- clothing, electronics, durable goods, you name it.When these companies zigged, everyone zigged along with them. And not only did they set the trends, they set the pricing as well.But those days are long gone, and department stores never saw it coming. And it's big players like M that got caught in the toughest position since they sit on so much real estate.Macy's couldn't slash prices because it would kill margins. It had to support all the stores and inventory. In the meantime, the business model just wasn't working at the level I would expect from an investment. Its model had to be revamped but it was so big, it was hard to make changes quickly. Every day of delay put the company further behind new competitors. * 7 Tech Stocks to Buy for the Rest of 2019 The stock is off over 50% in the past year (and it's off 62% in the past three years), so its 9.3% dividend doesn't mean much. And holiday shopping may only delay the inevitable. EQM Midstream PartnersSource: Shutterstock EQM Midstream Partners (NYSE:EQM) should be loving today's U.S. energy boom. Prices and production are rising, and all indications point to this being a good time for the shale energy business.However, after the boom and bust in oil prices in 2014, exploration and production companies are playing it safe. They're not pumping at capacity and they're not drilling new wells at the pace the they used to.They learned their lesson.They're growing, but at a reasonable and sustainable pace.Couple that with the fact that there is a growing demand for alternative energy resources and midstream players aren't seeing the kind of growth they expected.EQM is focused on the Appalachian region, where most of its business is in natural gas. It spun off Equitrans Midstream Corporation (NYSE:ETRN) last year, so there are issues dealing with the spinoff, as well as low natural gas prices.Plus, EQM has a pipeline project moving from Virginia to North Carolina that is likely to meet with resistance from locals.The stock is off almost 50% in the past year, so even with its massive 18.7% dividend, you're still not close to treading water. And the risks outweigh the reward by a long shot. BGC Partners (BGCP)Source: Casimiro PT / Shutterstock.com BGC Partners (NASDAQ:BGCP) has been around in one form or another since 1945. It was part of the big trading firm Cantor Fitzgerald until it was spun off in 2004.Up until last year, BGCP had two divisions. One ran its financial services arm, working with institutional traders and brokerages around the world offering trading systems and underwriting services for financial markets.The other division focused on various forms of real estate investment, management and services. Over the years it acquired several larger commercial real estate firms around the world and built a very strong portfolio.On Nov. 30, 2018, the real estate division was spun off as Newmark Group (NASDAQ:NMRK).This past year has been about restructuring the company. And with a global recession underway, most of its foreign properties aren't thriving right now. The same can be said of its financial services business. * 7 Large-Cap Stocks to Give a Wide Berth This isn't a gloom-and-doom story as much as it is an avoid-for-now story. The stock is off 19% in the past year and has a dividend around 10.3%. The thing is, even now, its trailing price-to-earnings ratio is a lofty 35.7.There are much better choices on the real estate side and on the financial side, without dealing with all the exposure risk. Colony Credit Real EstateSource: Shutterstock Colony Credit Real Estate (NYSE:CLNC) has not had a good year. And this is a year where U.S. real estate investment trusts (REITs) have been outpacing the broader market.It's off 35% in the past 12 months. Plus, not only was its third-quarter earnings announcement less than inspiring, but it split its portfolio into two divisions, slashed its book value and cut its dividend.Now the dividend is still 10%, but there are plenty of REITs that are doing well right now. There's no reason take on this stock in restructuring mode. And That's Just the Tip of the IcebergOutside of REITs, the demand for (good) dividend stocks is huge, and there's a simple reason why.These days, the global bond market is just going haywire. We've got falling and even negative yields overseas. But as investors retreat to U.S. Treasurys it's causing bizarre effects here, too. Just look at what happened this summer, when the two-year Treasury actually began to yield MORE than the 10-year Treasury.And even the 30-year Treasury can't be relied upon for good yield anymore. In August, its yield dropped below 2% for the first time ever.So -- whether you're managing big institutional cash, or your own portfolio -- you'll also want to look at the Money Magnets.Not only did these stocks earn an "A" in my Portfolio Grader, thanks to strong buying pressure and great fundamentals …The stocks also earn an "A" in my Dividend Grader. These stocks are able to pay great yields -- and have the strong business model to back it up.All in all, I've got 28 strong dividend growth stocks for you in Growth Investor … almost all of which yield more than the S&P 500. These stocks are poised to do well as we continue to see international capital flow to the U.S. markets. Click here to see how I found these stocks, and how you can get great performance out of YOUR portfolio -- come what may.Louis Navellier had an unconventional start, as a grad student who accidentally built a market-beating stock system -- with returns rivaling even Warren Buffett. In his latest feat, Louis discovered the "Master Key" to profiting from the biggest tech revolution of this (or any) generation. Louis Navellier may hold some of the aforementioned securities in one or more of his newsletters. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Silver and Gold Stocks to Buy That Offer Contrarian Upside * 7 Earnings Reports to Watch Next Week * 5 Online Retail Stocks to Buy on the Dip The post 7 Troubled Dividend Stocks With Yields Too Good to Be True appeared first on InvestorPlace.

  • GlobeNewswire

    DCP Midstream to Participate in RBC Capital Markets Midstream Conference

    DENVER, Nov. 13, 2019 -- DCP Midstream, LP (NYSE: DCP) announced that Wouter van Kempen, chairman, president and chief executive officer, and Sean O’Brien, group vice president.

  • Thomson Reuters StreetEvents

    Edited Transcript of DCP earnings conference call or presentation 7-Nov-19 3:00pm GMT

    Q3 2019 DCP Midstream LP Earnings Call

  • CTA APEX Awards: DCP Midstream gas plants go remote
    American City Business Journals

    CTA APEX Awards: DCP Midstream gas plants go remote

    In a quest for operational excellence, DCP Midstream is changing its view. For decades, the natural gas company employed onsite board operators to manage its rural gas plants. Today, DCP (NYSE: DCP) is making a technology shift that will enable the company to remotely see and control all plant operations from a single Denver location.

  • GlobeNewswire

    DCP Midstream Reports Strong Third Quarter Results and Announces Elimination of Incentive Distribution Rights

    DENVER, Nov. 06, 2019 -- Today, DCP Midstream, LP (NYSE: DCP) reported its financial results for the three and nine months ended September 30, 2019 and announced the signing.

  • GlobeNewswire

    DCP Midstream Announces Date and Time Change for Third Quarter 2019 Financial Results and Conference Call

    DCP Midstream, LP (DCP) has changed the date and time of its conference call to discuss its third quarter earnings due to a scheduling conflict. The conference call will now be held at 10:00 a.m. ET on Thursday, November 7, 2019, and the corresponding earnings release will be issued after the New York Stock Exchange closes for trading on Wednesday, November 6, 2019. The live audio webcast of the conference call and accompanying presentation slides can be accessed through the Investors section on the DCP website at www.dcpmidstream.com and the conference call can be accessed by dialing (844) 233-0113 in the United States or (574) 990-1008 outside the United States.

  • Phillips 66 (PSX) to Post Q3 Earnings: Is a Beat in Store?
    Zacks

    Phillips 66 (PSX) to Post Q3 Earnings: Is a Beat in Store?

    Phillips 66's (PSX) third-quarter profits are likely to have been boosted by low oil prices and DJ O'Connor 2 plant's commencement.

  • GlobeNewswire

    DCP Midstream Announces Common and Preferred Unit Distributions

    DENVER, Oct. 22, 2019 -- DCP Midstream, LP (NYSE: DCP) announced today that the board of directors of its general partner declared a third quarter 2019 common unit distribution.

  • GlobeNewswire

    DCP Midstream to Host Conference Call on November 5 to Discuss Third Quarter 2019 Financial Results

    DCP Midstream, LP (DCP) will host a conference call to discuss its third quarter earnings at 10:00 a.m. ET on Tuesday, November 5, 2019, which will be released after the New York Stock Exchange closes for trading on Monday, November 4, 2019. The live audio webcast of the conference call and accompanying presentation slides can be accessed through the Investors section on the DCP website at www.dcpmidstream.com and the conference call can be accessed by dialing (844) 233-0113 in the United States or (574) 990-1008 outside the United States. A replay of the conference call will be available until November 19, 2019, by dialing (855) 859-2056 in the United States or (404) 537-3406 outside the United States and using the above conference confirmation number.

  • American City Business Journals

    Data dive: Here's how much Denver's oil and gas tycoons earn, and how employee salaries compare

    Running an oil and gas company is a well-paying gig, no matter how you look at it. The industry is famed for making company leaders rich, especially in boom times. The CEOs of oil and natural gas businesses based in Denver receive annual compensation worth millions of dollars, ranking them among the top-paid executives in the city.

  • Kinder Morgan's Gulf Coast Express Pipeline Comes Online
    Zacks

    Kinder Morgan's Gulf Coast Express Pipeline Comes Online

    Kinder Morgan's (KMI) Gulf Coast Express Pipeline is expected to boost natural gas shipping capacity in the Permian Basin, which has been suffering from takeaway limitations.

  • Moody's

    DCP Midstream Operating LP -- Moody's announces completion of a periodic review of ratings of DCP Midstream, LP

    Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of DCP Midstream, LP and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.

  • Why Shares of DCP Midstream Fell 17.5% in August
    Motley Fool

    Why Shares of DCP Midstream Fell 17.5% in August

    The natural gas company's income mix may be coming back to bite investors.

  • GlobeNewswire

    DCP Midstream to Participate in Barclays CEO Energy-Power Conference

    DCP Midstream, LP (DCP) announced that Wouter van Kempen, chairman, president and chief executive officer, and Bill Johnson, group vice president and chief transformation officer, will conduct a series of one-on-one and small group meetings with investment community representatives at the 2019 Barclays CEO Energy-Power Conference in New York, New York on September 3, 2019 and September 4, 2019. The materials used at this conference will be posted on the Investors section of DCP Midstream’s website at www.dcpmidstream.com on September 2, 2019. DCP Midstream, LP (DCP) is a Fortune 500 midstream master limited partnership headquartered in Denver, Colorado, with a diversified portfolio of gathering, processing, logistics and marketing assets.

  • Looking at Energy MLPs with Strong Growth Prospects
    Market Realist

    Looking at Energy MLPs with Strong Growth Prospects

    The market sees energy MLPs as defensives due to their relatively higher yields. We'll look at the energy MLPs with solid yields and robust capital gains.

  • PR Newswire

    Alerian Reports June 30, 2019 Index Linked Product Positions

    DALLAS , Aug. 9, 2019 /PRNewswire/ -- Alerian reported, as of June 28, 2019 , total products directly tied to and tracking the Alerian indices was $13.7 billion . Exchange traded funds, exchange traded ...

  • GlobeNewswire

    DCP Midstream to Participate in Citi MLP/Midstream Infrastructure Conference

    DENVER, Aug. 08, 2019 -- DCP Midstream, LP (NYSE: DCP) announced that Wouter van Kempen, chairman, president and chief executive officer, and Sean O’Brien, group vice president.

  • Thomson Reuters StreetEvents

    Edited Transcript of DCP earnings conference call or presentation 7-Aug-19 3:00pm GMT

    Q2 2019 DCP Midstream LP Earnings Call

  • DCP Midstream, LP (DCP) Q2 2019 Earnings Call Transcript
    Motley Fool

    DCP Midstream, LP (DCP) Q2 2019 Earnings Call Transcript

    DCP earnings call for the period ending June 30, 2019.