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Is DCP Midstream Partners (DCP) Stock Outpacing Its Oils-Energy Peers This Year?
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Investors interested in Oils-Energy stocks should always be looking to find the best-performing companies in the group. Has DCP Midstream Partners, LP been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Oils-Energy peers, we might be able to answer that question.
DCP Midstream Partners, LP is a member of our Oils-Energy group, which includes 247 different companies and currently sits at #5 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.
The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. DCP Midstream Partners, LP is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past 90 days, the Zacks Consensus Estimate for DCP's full-year earnings has moved 23% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Based on the most recent data, DCP has returned 40.5% so far this year. Meanwhile, stocks in the Oils-Energy group have gained about 34.9% on average. This means that DCP Midstream Partners, LP is performing better than its sector in terms of year-to-date returns.
One other Oils-Energy stock that has outperformed the sector so far this year is Murphy USA (MUSA - Free Report) . The stock is up 48.7% year-to-date.
For Murphy USA, the consensus EPS estimate for the current year has increased 8.3% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
To break things down more, DCP Midstream Partners, LP belongs to the Oil and Gas - Production and Pipelines industry, a group that includes 13 individual companies and currently sits at #52 in the Zacks Industry Rank. On average, stocks in this group have gained 15.4% this year, meaning that DCP is performing better in terms of year-to-date returns.
In contrast, Murphy USA falls under the Oil and Gas - Refining and Marketing industry. Currently, this industry has 16 stocks and is ranked #45. Since the beginning of the year, the industry has moved +40.7%.
DCP Midstream Partners, LP and Murphy USA could continue their solid performance, so investors interested in Oils-Energy stocks should continue to pay close attention to these stocks.
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Is DCP Midstream Partners (DCP) Stock Outpacing Its Oils-Energy Peers This Year?
Investors interested in Oils-Energy stocks should always be looking to find the best-performing companies in the group. Has DCP Midstream Partners, LP been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Oils-Energy peers, we might be able to answer that question.
DCP Midstream Partners, LP is a member of our Oils-Energy group, which includes 247 different companies and currently sits at #5 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.
The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. DCP Midstream Partners, LP is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past 90 days, the Zacks Consensus Estimate for DCP's full-year earnings has moved 23% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Based on the most recent data, DCP has returned 40.5% so far this year. Meanwhile, stocks in the Oils-Energy group have gained about 34.9% on average. This means that DCP Midstream Partners, LP is performing better than its sector in terms of year-to-date returns.
One other Oils-Energy stock that has outperformed the sector so far this year is Murphy USA (MUSA - Free Report) . The stock is up 48.7% year-to-date.
For Murphy USA, the consensus EPS estimate for the current year has increased 8.3% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
To break things down more, DCP Midstream Partners, LP belongs to the Oil and Gas - Production and Pipelines industry, a group that includes 13 individual companies and currently sits at #52 in the Zacks Industry Rank. On average, stocks in this group have gained 15.4% this year, meaning that DCP is performing better in terms of year-to-date returns.
In contrast, Murphy USA falls under the Oil and Gas - Refining and Marketing industry. Currently, this industry has 16 stocks and is ranked #45. Since the beginning of the year, the industry has moved +40.7%.
DCP Midstream Partners, LP and Murphy USA could continue their solid performance, so investors interested in Oils-Energy stocks should continue to pay close attention to these stocks.