DCP News and Press, DCP Midstream LP From 11/02/21

DCP Midstream (NYSE:DCP): Q3 GAAP EPS of $0.18 misses by $0.45. Revenue of $2.83B (+78.0% Y/Y) misses by $1.57B. Press Release For the respective three and nine months ended September 30, 2021, DCP had net income attributable to partners of $54 million and $76 million, net cash provided ...

DENVER, Nov. 02, 2021 (GLOBE NEWSWIRE) -- Today, DCP Midstream, LP (NYSE: DCP) reported its financial results for the three and nine months ended September 30, 2021. HIGHLIGHTS For the respective three and nine months ended September 30, 2021, DCP had net income att...

The outlook for future energy growth is dimmed owing to improved energy efficiency. Energy efficiency as a concept primarily stems from efficiency ratios and can incorporate economic variables for analysis. Energy intensity has been altered in the face of the global pandemic crisi...

The midstream sector has long been a favored sector for those seeking income and it has recently begun to recover. FMO invests in some of the best names in the sector, although it does not have the diversification that I would really like to see. The future of the midstream sector...

DENVER, Oct. 12, 2021 (GLOBE NEWSWIRE) -- DCP Midstream, LP (NYSE: DCP) today announced common and preferred unit distributions for third quarter 2021. Further, DCP announced that its third quarter 2021 earnings will be reported after the New York Stock Exchange closes for trading on Tuesda...

DCP Midstream's NGL and natural gas volumes have held up remarkably well over the past year. The lack of new drilling in the US has allowed DCP to shrink their capex budget which in turn allows higher free cash flow and greater debt reduction. The energy sector backdrop is extreme...

COP recently announced its purchase of RDS’s Permian assets. COP will be increasing spending and production on the acquired acreage. We see ENLC, EPD, and CEQP as beneficiaries. For further details see: What The ConocoPhillips-Royal Dutch Shell Permian Deal Means ...

The following slide deck was published by DCP Midstream, LP in conjunction with this event. For further details see: DCP Midstream (DCP) Presents At CEO Energy-Power Virtual Conference - Slideshow

DCP Midstream has performed well during the second quarter of 2021 after a weak start to the year from the freak Texas Winter storm. Whilst their operating cash flow remains weighed down by very large working capital movements, their underlying operating cash flow is recovering and ma...

Energy equities retreated from their relative highs in June as the Delta variant spread, the value trade sputtered, and oil prices weakened following the OPEC+ announcement in July. While midstream sold off with oil and energy stocks, the fundamental picture for midstream improved in ...