DCP News and Press, DCP Midstream LP

Phillips 66 (NYSE: PSX) and DCP Midstream, LP (NYSE: DCP) completed the previously announced acquisition by Phillips 66 of all the publicly held common units representing limited partner interests in DCP Midstream for $41.75 per common unit in cash at a total value of approximately $3.8 billion, ...

LEAWOOD, KS / ACCESSWIRE / June 13, 2023 / TortoiseEcofin today announced that DCP Midstream, LP (NYSE:DCP) will be removed from the Tortoise MLP Index ® (TMLP), the Tortoise North American Pipeline Index SM (TNAP) and Tortoise Decarbonization Infrastructure Index SM (DCRBN) as a res...

2023-06-07 18:27:24 ET Goldman Sachs Asset Management (GSAM) on Wednesday said it was liquidating the Goldman Sachs MLP and Energy Renaissance Fund ( NYSE: GER ). GER's board of trustees, at GSAM's recommendation, approved a plan of liquidation and dissolution for the fund. ...

2023-05-03 17:49:11 ET DCP Midstream press release ( NYSE: DCP ): Q1 GAAP EPS of $0.99 beats by $0.02 . Revenue of $2.73B (-19.2% Y/Y) misses by $870M . For further details see: DCP Midstream GAAP EPS of $0.99 beats by $0.02, revenue of $2.73B misses by $...

DENVER, April 19, 2023 (GLOBE NEWSWIRE) -- DCP Midstream, LP (NYSE: DCP) announced today that the board of directors of its general partner declared a first quarter 2023 Common Unit cash distribution of $0.43 per unit. This quarterly Common Unit distribution will be paid May 15, 2023 to common un...

2023-03-30 05:00:15 ET Summary Preferred MLP units offer consistent dividends and enhanced bankruptcy protections. The MLP preferred units evaluated pay distributions with forward yields ranging from 6.3% to 12.2%. Thirteen MLP Preferred Units were evaluated using a quality ma...

2023-03-26 08:08:49 ET Summary Given the current uncertainty, I believe high-quality, favorably valued, and low-risk investments warrant increased attention. Some midstream energy companies boast durable revenue, profitability, and well-supported high dividend yields. 35 midst...

2023-03-24 07:56:00 ET Summary Public and private producers are parting ways in the Permian Basin. Led by Exxon Mobil, public companies have been steadily adding rigs in. The divergence in upstream behavior is affecting individual G&P systems and, depending on the producer...

2023-03-20 18:03:10 ET Summary Refinery capacity in the U.S. is stressed to serve the market with needed gasoline and jet fuels, leading to high profit margins. Following the Phillips 66 acquisition of DCP Midstream, profits and stability are expected to grow. Phillips 66 has ...

Natural gas is a fossil fuel that is widely used for heating, cooking, and power generation. It is widely regarded as a cleaner and more efficient source of energy than other fossil fuels such as coal and oil. Natural gas demand is being driven by a variety of factors, including increased use in ...