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home / news releases / DCP - DCP Midstream to cut 2020 capex by 75% slashes dividend


DCP - DCP Midstream to cut 2020 capex by 75% slashes dividend

  • DCP Midstream (NYSE:DCP) cuts its 2020 growth capital program by 75% to $150M, down from its previous guidance midpoint of $600M, and chops its quarterly distribution in half to $0.39/unit from $0.78/unit, in response to "extraordinary and volatile market conditions."
  • More news on: DCP Midstream, LP, Phillips 66, Energy stocks news, Dividend News, Stocks on the move,
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Stock Information

Company Name: DCP Midstream LP
Stock Symbol: DCP
Market: NYSE
Website: dcpmidstream.com

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