DCP Midstream Partners, LP (DCP)
(Delayed Data from NYSE)
$22.21 USD
-0.46 (-2.03%)
Updated Feb 25, 2021 04:00 PM ET
This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.
| Zacks Rank | Definition | Annualized Return |
|---|---|---|
| 1 | Strong Buy | 24.41% |
| 2 | Buy | 17.88% |
| 3 | Hold | 9.48% |
| 4 | Sell | 5.03% |
| 5 | Strong Sell | 1.87% |
| S&P | 500 | 10.70% |
Zacks Rank Education - Learn about the Zacks Rank
Zacks Rank Home - Zacks Rank resources in one place
Zacks Premium - The only way to fully access the Zacks Rank
3-Hold of 5 3
The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.
The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.
| Value Score | A |
|---|---|
| Growth Score | A |
| Momentum Score | A |
| VGM Score | A |
Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.
As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.
Zacks Style Scores Education - Learn more about the Zacks Style Scores
A Value C Growth C Momentum B VGM
The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.
An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.
The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.
Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank
Company Summary
Headquartered in Denver, CO, DCP Midstream, LP is a leading energy infrastructure firm. This Fortune 500 firm has a strong and sustaining business strategy, with a diversified portfolio of gathering, logistics, marketing, and processing assets across nine states. Importantly, DCP Midstream — a master limited partnership (MLP) — was created in 2005 and has a total asset base of $17.1 billion.
It is a 50/50 joint venture between the Canadian midstream company Enbridge and U.S. refining and marketing company, Phillips 66. DCP Midstream’s unparallel access to fractionators provides intricate connectivity to clients. It ...
Company Summary
Headquartered in Denver, CO, DCP Midstream, LP is a leading energy infrastructure firm. This Fortune 500 firm has a strong and sustaining business strategy, with a diversified portfolio of gathering, logistics, marketing, and processing assets across nine states. Importantly, DCP Midstream — a master limited partnership (MLP) — was created in 2005 and has a total asset base of $17.1 billion.
It is a 50/50 joint venture between the Canadian midstream company Enbridge and U.S. refining and marketing company, Phillips 66. DCP Midstream’s unparallel access to fractionators provides intricate connectivity to clients. It has footprint in major shale plays of the United States, including the Permian Basin, Eagle Ford, DJ Basin and SCOOP. It has a total of almost 57,000 miles of pipeline infrastructure, along with 1.7 million barrels of natural gas liquids (NGLs) per day capacity and 2.8 billion cubic feet of natural gas per day (Bcf/d) pipeline capacity.
The partnership reports in two business segments: Logistics and Marketing (L&M), and Gathering and Processing (G&P).
- L&M: Through this fee-based segment, the partnership transports, trades, stores, and markets natural gas and NGLs. In fourth-quarter 2020, the segment recorded operating income of $158 million. It provides natural gas and NGLs takeaway options to premier markets with high demand. Moreover, this segment offers storage and fractionation services to multiple customers. It has a total gas throughput capacity of 1,045 Bcf/d. The overall system length of this segment is around 5,690 miles.
- G&P: This segment incorporates gathering, compression, treatment, processing and other operations. Moreover, production and fractionation of NGLs, as well as recovering condensate are parts of their operations. This unit generated $85 million in profits in the fourth quarter. Markedly, the partnership owns and operates 39 natural gas processing plants. It has a nameplate processing plant capacity of 6 Bcf/d. Moreover, it has a gathering and transmission system of 51,000 miles in place.
General Information
DCP Midstream Partners, LP
370 17TH STREET SUITE 2500
DENVER, CO 80202
Phone: 303-595-3331
Fax: 303-633-2921
Web: http://www.dcpmidstream.com
Email: ljlopez@dcpmidstream.com
| Industry | Oil and Gas - Production and Pipelines |
| Sector | Oils-Energy |
| Fiscal Year End | December |
| Last Reported Quarter | 12/31/2020 |
| Next EPS Date | 5/5/2021 |
EPS Information
| Current Quarter EPS Consensus Estimate | 0.47 |
| Current Year EPS Consensus Estimate | 2.03 |
| Estimated Long-Term EPS Growth Rate | NA |
| Next EPS Report Date | 5/5/2021 |
Price and Volume Information
| Zacks Rank |  |
| Yesterday's Close | 22.67 |
| 52 Week High | 24.42 |
| 52 Week Low | 2.20 |
| Beta | 3.70 |
| 20 Day Moving Average | 1,237,087.25 |
| Target Price Consensus | 20.72 |
| 4 Week | 17.58 |
| 12 Week | 28.15 |
| YTD | 22.41 |
| 4 Week | 12.35 |
| 12 Week | 19.78 |
| YTD | 17.13 |
| Shares Outstanding (millions) | 208.36 |
| Market Capitalization (millions) | 4,723.53 |
| Short Ratio | NA |
| Last Split Date | NA |
| Dividend Yield | 6.88% |
| Annual Dividend | $1.56 |
| Payout Ratio | 1.06 |
| Change in Payout Ratio | -2.41 |
| Last Dividend Payout / Amount | 2/4/2021 / $0.39 |
Fundamental Ratios
| P/E (F1) | 11.18 |
| Trailing 12 Months | 15.42 |
| PEG Ratio | NA |
| vs. Previous Year | -8.11% |
| vs. Previous Quarter | -26.09% |
| vs. Previous Year | -7.47% |
| vs. Previous Quarter | 12.55% |
| Price/Book | 0.92 |
| Price/Cash Flow | 6.36 |
| Price / Sales | 0.75 |
| 12/31/20 | 7.16 |
| 9/30/20 | 6.83 |
| 6/30/20 | 5.79 |
| 12/31/20 | 2.82 |
| 9/30/20 | 2.73 |
| 6/30/20 | 2.37 |
| 12/31/20 | 0.62 |
| 9/30/20 | 0.61 |
| 6/30/20 | 0.99 |
| 12/31/20 | NA |
| 9/30/20 | 0.59 |
| 6/30/20 | 0.95 |
| 12/31/20 | 5.82 |
| 9/30/20 | 5.64 |
| 6/30/20 | 4.90 |
| 12/31/20 | -4.86 |
| 9/30/20 | -6.07 |
| 6/30/20 | -10.37 |
| 12/31/20 | -4.79 |
| 9/30/20 | -6.02 |
| 6/30/20 | -10.32 |
| 12/31/20 | 24.52 |
| 9/30/20 | 24.58 |
| 6/30/20 | 24.51 |
| 12/31/20 | 158.10 |
| 9/30/20 | 150.47 |
| 6/30/20 | 127.15 |
| 12/31/20 | 1.00 |
| 9/30/20 | 1.02 |
| 6/30/20 | 1.15 |
| 12/31/20 | 46.62 |
| 9/30/20 | 47.13 |
| 6/30/20 | 50.16 |