DCP News and Press, DCP Midstream LP From 02/05/23

Summary Powell talked about inflation peaking out, particularly in the goods sector due to normalization of supply chains in the latest FOMC meeting. This gives rise to my bearish view on the natural gas industry, which can be played via the FCG ETF. Leading indicators point towards...

Natural gas is a fossil fuel that is primarily composed of methane. It is a popular source of energy. This is mainly because it is relatively inexpensive and burns cleaner than other fossil fuels such as coal and oil. In recent years, the use of natural gas has been increasing. This comes as more...

DCP Midstream ( NYSE: DCP ) declares $0.43/share quarterly dividend , in line with previous. Forward yield 4.1% Payable Feb. 14; for shareholders of record Feb. 3; ex-div Feb. 2. See DCP Dividend Scorecard, Yield Chart, & Dividend Growth. For further deta...

Summary We explore the factors that may contribute to 2023 returns, including interest rate policy and its effect on the real economy, bond market expectations, and the impact of the yield curve. Fallen angels underperformed broad HY by 2.78% (-14.00% vs. -11.22%) for 2022, with more th...

Summary CEQP Preferred shares have better shareholder benefits than most, including being non-redeemable. This coming from a company with 80% of revenues being fixed rate/take or pay. Preferred shares are significantly undervalued when compared to Energy Transfer and DCP Midstream P...

Summary Income-producing energy stocks outperformed during the week’s violent commodity selloff. The strong performance came from attractive valuations and the sector’s positive outlook for 2023. MLPs outperformed after their selloff in December. Energy Incom...

Summary The price of natural gas has crashed from its post-Ukraine invasion highs last spring. A relatively warm winter in Europe and booming U.S. natural gas production are the primary culprits. However, significant new LNG export capacity will be coming online and ramping up start...

Summary PSX announced an agreement Friday to buy the remaining publicly held LP units in DCP Midstream for $41.75 each, raising Phillips 66's stake in DCP to 86.8%. The remaining economic interests in DCP are held by Enbridge, which owns 13.2% of the MLP's General Partner. PSX expec...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: Michael Vi / Shutterstock.com Nio (NYSE: NIO ) stock isn’t doing so hot on Friday and investors can look to rival EV maker Tesla (NASDAQ: TSLA ) to understand why. The big news NIO trade...

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....