Inactive Instrument

DCP Midstream, LP

Equities

DCP

US23311P1003

Oil & Gas Transportation Services

DCP Midstream, LP Reports Earnings Results for the First Quarter Ended March 31, 2023

May 03, 2023 at 04:10 pm EDT

DCP Midstream, LP reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported revenue was USD 2,726 million compared to USD 3,375 million a year ago. Net income was USD 211 million compared to USD 80 million a year ago.

Basic earnings per share from continuing operations was USD 0.99 compared to USD 0.32 a year ago. Diluted earnings per share from continuing operations was USD 0.99 compared to USD 0.32 a year ago.

Latest news about DCP Midstream, LP

DCP Midstream, LP Announces Removal of Directors	23-10-16	CI
DCP Midstream, LP Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-08-04	CI
DCP Midstream, LP(NYSE:DCP) dropped from Alerian MLP Index	23-06-30	CI
Sector Update: Energy Stocks Advancing Late Thursday	23-06-15	MT
Sector Update: Energy Stocks Rising in Afternoon Trading	23-06-15	MT
Phillips 66 Closes Acquisition of DCP Midstream Common Units	23-06-15	MT
Phillips 66 Project Development Inc. completed the acquisition of 43.5% stake in DCP Midstream, LP.	23-06-14	CI
Earnings Flash (DCP) DCP MIDSTREAM LP Reports Q1 Revenue $2.73B	23-05-03	MT
DCP Midstream, LP Reports Earnings Results for the First Quarter Ended March 31, 2023	23-05-03	CI
DCP Midstream, LP Announces a Quarterly Common Unit Distribution	23-05-03	CI
DCP Midstream Keeps Quarterly Cash Dividend at $0.43 a Unit; Payable May 15 to Holders as of May 1	23-04-20	MT
DCP Midstream, LP Announces Redemption of its Outstanding 5.85% Fixed-to-Floating Rate Junior Subordinated Notes due 2043, Effective on or about May 21, 2023	23-04-18	CI
Sector Update: Energy Stocks Edge Above Wednesday Session Lows	23-03-15	MT
UGI Names New CFO to Succeed Jastrzebski	23-03-14	MT
Sector Update: Energy Stocks Edge Higher Premarket Thursday	23-02-09	MT
DCP Midstream's Q4 Earnings, Revenue Decline	23-02-09	MT
Earnings Flash (DCP) DCP MIDSTREAM LP Reports Q4 Revenue $3.03B	23-02-08	MT
DCP Midstream, LP Reports Earnings Results for the Fourth Quarter Ended December 31, 2022	23-02-08	CI
DCP Midstream, LP Reports Earnings Results for the Full Year Ended December 31, 2022	23-02-08	CI
DCP Midstream, LP Declares Fourth Quarter 2022 Common Unit Cash Distribution, Payable on February 14, 2023	23-01-24	CI
Mizuho Securities Downgrades DCP Midstream to Neutral From Buy, Adjusts Price Target to $42 From $45	23-01-12	MT
Raymond James Downgrades DCP Midstream to Market Perform From Strong Buy	23-01-09	MT
Sector Update: Energy Stocks Add to Friday Gains Despite Late Slump in Commodity Prices	23-01-06	MT
Phillips 66 buys public units of pipeline operator DCP Midstream for $3.8 billion	23-01-06	RE
Sector Update: Energy Stocks Surging with Broader Friday Markets	23-01-06	MT

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Company Profile

DCP Midstream, LP owns, operates, acquires, and develops a diversified portfolio of complementary midstream energy assets. The Company operates through two segments: Logistics and Marketing, and Gathering and Processing. Its Logistics and Marketing segment includes transporting, trading, marketing, and storing natural gas and natural gas liquids (NGLs), and fractionating NGLs. Its Gathering and Processing segment consists of gathering, compressing, treating, and processing natural gas, producing and fractionating natural gas liquids (NGLs), and recovering condensate. It provides its producer customers with gathering and processing services that allow them to move their raw (unprocessed) natural gas to market. Its NGL services include plant tailgate purchases, transportation, fractionation and price risk management. Its NGL pipelines transport NGLs from natural gas processing plants to fractionation facilities, petrochemical plants and a third-party underground NGL storage facility.

Sector

Oil & Gas Transportation Services

Calendar

2024-04-30 - Q1 2024 Earnings Release (Projected)

More about the company

Sector Natural Gas Pipeline

	1st Jan change	Capi.
ENERGY TRANSFER LP	+15.65%	53.75B
DT MIDSTREAM, INC.	+16.86%	6.22B
EQUITRANS MIDSTREAM CORPORATION	+34.97%	5.96B
CENTURI HOLDINGS, INC.	0.00%	2.22B
NEXTDECADE CORPORATION	+34.17%	1.65B
OQ GAS NETWORKS SAOC	-5.23%	1.63B
SHAANXI PROVINCIAL NATURAL GAS CO.,LTD	-1.23%	1.11B
S.N.T.G.N. TRANSGAZ S.A.	-0.11%	761M
TRANSPORTADORA DE GAS DEL NORTE S.A.	-.--%	328M

Natural Gas Pipeline