DCP News and Press, DCP Midstream LP From 05/01/20

Phillips 66 (NYSE: PSX ) -2.7% pre-market after beating Q1 earnings estimates but reporting a GAAP net loss of $2.5B compared with a profit of $204M a year earlier, hurt by weaker demand for its refined products due to COVID-19. More news on: Phillips 66, DCP Midstream, LP, Energy stoc...

DCP Midstream ( DCP -3.1% ) is downgraded to Sell from Neutral with a $6 price target at UBS, which says the stock is overvalued and citing the potential for another distribution cut. More news on: DCP Midstream, LP, Energy stocks news, Stocks on the move, Read more ...

The April MLP Monthly Report can be found here offering insights on MLP industry news, the asset class’s performance, yields, valuations, and fundamental drivers. Summary News : 1) In response to the recent downturn, five midstream MLPs and two C-Corp taxed entities...

Midstream is on pace for its best month ever after another big positive week. MLPs posted their fourth straight week with more than 7.5% gains, the best four-week stretch ever (off a low base). Midstream was positive in a negative week for oil prices, the broad market and utilities. This is a ...

Oil prices continue to rebound following their historic plunge into  negative territory  earlier this week. The June contract for WTI, the leading U.S. oil benchmark, surged more than 30% by 11 a.m. EDT, pushing it back above $18 a barrel.  That rebound ignited a rally acr...

DCP Midstream (NYSE: DCP ) declares $0.39/share quarterly dividend , -50% decrease from prior dividend of $0.78, as announced earlier . Forward yield 26.04% Payable May 15; for shareholders of record May 1; ex-div April 30. See DCP Dividend Scorecard, Yield Chart, & Dividen...

DENVER, April 20, 2020 (GLOBE NEWSWIRE) -- DCP Midstream, LP (NYSE: DCP) will host a conference call to discuss its first quarter 2020 earnings at 11:00 a.m. ET on Thursday, May 7, 2020, which will be released after the New York Stock Exchange closes for trading on Wednesday, May 6, 2020. ...

Check-Cap (NASDAQ: CHEK )  -54%  on $4M direct offering . More news on: Check-Cap Ltd., Invesco Mortgage Capital Inc., Akazoo S.A., Stocks on the move, , Read more ...

It was a big week for midstream again, this time better than the broad equity market, which was also up again. MLPs had their 8th best week ever, slightly better than last week's 9.6% gain. Most of the rally came Friday when AMZ rallied 7%, which may have been helped by [[TGE]] owners re-balan...

Energy stocks are facing significant headwinds. With unprecedented restrictions on travel and movement across most countries, the demand for gasoline and other fuels has decreased dramatically. This is a severe blow for energy companies that were already grappling with a supply glut and low comm...