DCP News and Press, DCP Midstream LP From 01/06/23

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Anyone who’s been invested in DCP Midstream (NYSE: DCP ) is probably quite happy today. That’s because Phillips 66 (NYSE: PSX ) agreed to buy out DCP Midstream in an all-cash transaction later this year....

Increases Phillips 66’s economic interest in DCP Midstream, LP to 86.8% Targeted operational and commercial synergies of at least $300 million All-cash transaction expected to close in the second quarter of 2023 Phillips 66 (NYSE: PSX) and DCP Midstream, LP (“DCP M...

Investing in natural gas stocks has become an increasingly popular way to diversify one’s portfolio and make a good return on investment. With the global demand for energy rising, natural gas stocks offer investors the opportunity to capitalize on the growing market. For the uninit...

Summary Magellan Midstream Partners, L.P. is one of the largest and most well-known refined products-focused midstream partnerships in the United States. The company's cash flows vary a bit more than other midstream companies because it is more subject to product demand. Magellan ha...

Summary Energy Transfer reported excellent Q3-2022 results. A distribution hike was welcome and the old rate looks to be a shoo-in for the middle of 2023. We tell you why we are not hiking our price target and suggest an alternative idea. When we last covered Energy ...

The energy sector offers investors a great way to score a high dividend yield. The average energy stock currently yields around 4%, more than double that of the S&P 500 . While high-yield dividend stocks can be at higher risk of reducing their dividend during tough...

Summary We share data on 100-plus big-yield opportunities, sorted into four categories: Closed-end funds, master limited partnerships, real estate investment trusts, and business development companies. We dive deeper into four specific opportunities (one from each category) that w...

Summary North America is energy-rich, and midstream energy suppliers & infrastructure entities will continue to be useful for several decades to come, such as MLPX. As construction of new interstate pipelines becomes increasingly difficult due to regulation and politics, the v...

Summary DCP Midstream showed considerable improvement in its finances YOY. The company seems likely to post better results in Q4 2022 than it did in Q4 2021. The offer from Phillips 66 is a bit of a wildcard since the company's units are far too expensive for this deal to be g...

DCP Midstream press release ( NYSE: DCP ): Q3 GAAP EPS of $1.50 beats by $0.45 . Revenue of $4.32B (+52.7% Y/Y) beats by $690M . For further details see: DCP Midstream GAAP EPS of $1.50 beats by $0.45, revenue of $4.32B beats by $690M