DCP News and Press, DCP Midstream LP From 06/12/20

For midstream investors, 2020 has undoubtedly been a roller coaster. Despite the downturn in both energy and broader markets in the first quarter, midstream has rallied significantly in the last few months off the all-time lows seen in mid-March. Today's research note provides a broad update o...

Midstream stocks had an all-time great week of stock performance, with double-digit returns across all three indexes, driven by a double-digit gain in oil prices and another surge in the broad stock market. MLPs were up each of the last four days of the week, with the biggest move on Friday af...

It was a short week with not much news, so midstream and MLPs followed the broad equity market higher. The melt-up of the broader equity market continued, supported by stimulus and optimism that permeated the markets for most of the week as areas of the country opened back up. I still can't ...

The midstream/MLP space has always been about yield (setting aside recent talk about free cash flow, enterprise value multiples and buybacks) - and it always will be, Wells Fargo says. More news on: Crestwood Equity Partners LP, Energy Transfer LP, Oasis Midstream Partners LP, Energy stock...

Shares of Phillips 66 (NYSE: PSX) have been quite volatile this year. The refining company's stock tumbled more than 60% at one point because of the impact the COVID-19 outbreak had on demand for refined products like gasoline and jet fuel. While it has recovered some lost ground, share...

It would be an understatement to say that units of  DCP Midstream  (NYSE: DCP) have been volatile this year. The  MLP  nose-dived a stunning 73.9% in March and then followed that up with an epic 133.9% rally in April, according to data provided by  S&P G...

Midstream rallied for a 6th straight week, but this week was different than the prior 5. This week's rally was led by larger, more integrated players in the U.S. and Canada, not by gathering and processing MLPs. This week was less about bottom fishing or short covering. Broad equity market str...

Image source: The Motley Fool. DCP Midstream, LP   (NYSE: DCP) Q1 2020 Earnings Call May 9, 2020 , 11:00 p.m. ET Operator Continue reading

Moving into the late stages of 1Q20 earnings season for midstream, financial guidance updates have varied, but the overall outlook for midstream has been much better than other energy sectors, which have seen analysts' forward EBITDA estimates for 2020 and 2021 nearly halved ( read more ). Mid...

DCP Midstream, LP (DCP) Q2 2020 Earnings Conference Call May 07, 2020 11:00 AM ET Company Participants Sarah Sandberg – Senior Director of Investor Relations Wouter van Kempen – Chief Executive Officer Sean O'Brien – Chief Financial Officer Conference Call...