DCP News and Press, DCP Midstream LP From 05/03/22

DCP Midstream (NYSE:DCP) is scheduled to announce Q1 earnings results on Wednesday, May 4th, after market close. The consensus EPS Estimate is $0.97 and the consensus Revenue Estimate is $3.46B (+49.3% Y/Y). Over the last 3 months, EPS estimates have seen 0 upward revisions and 1 downward. Re...

DCP Midstream provided better than expected performance during 2021, which appears likely to continue into 2022. Their guidance for circa 10% year-on-year earnings growth will help generate ample free cash flow during 2022 to fund higher distributions. Management has flagged 'mean...

Rising short-term rates have been one of the key drivers of markets so far this year. One way to take advantage of this sharp rise in short-term rates is to tilt to high reset-yield Fix/Float preferreds with relatively near call dates. Even if these preferreds are redeemed, they w...

SZC is a fund I regularly follow and hold a position in, I'm drawn to infrastructure-type holdings, so this can make the fund a perfect fit. The fund's history isn't necessarily the most attractive, but it was a more pure-play energy fund before it broadened its focus in 2020. The...

DENVER, April 14, 2022 (GLOBE NEWSWIRE) -- DCP Midstream, LP (NYSE: DCP) announced that its first quarter 2022 earnings will be reported after the New York Stock Exchange closes for trading on Wednesday, May 4, 2022, and a conference call to discuss first quarter earnings will be hosted at ...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Cheniere Energy ( LNG ): Liquified natural gas (LNG) production expectations and rapidly improving guidance make Cheniere Energy buy-worthy.  Chevron ( CVX ): Chevron looks to reward its shareholder...

The First Trust Natural Gas ETF is up 43% YTD but still appears to have more room to run - many of the holdings still look like values. While the price of oil has recently pulled back, NYMEX gas continues to push higher. At $6.44, NYMEX gas is currently at an 8-year high. Meantime...

One of the key themes for the midstream and MLP space in 2022 has been the meaningful return of dividend growth. Today’s dividend growth is stemming from improved financial flexibility as companies have made progress with strengthening their balance sheets and continue to gener...

Oil, 50% of Devon Energy’s product output mix, has spiked up in prices to reach 8-year highs and is currently trading around $105/bbl. Devon's operating cash flow increased 3x during FY21 and free cash flow is at all-time highs. The company's board authorized increasing its...

DCP Midstream (DCP +1.7%) announced after Tuesday's close that its $1.4B revolving credit facility was amended and renewed to be linked to the company's progress toward reaching its emission-reduction targets. DCP said the interest and fees paid on the revolver will be linked to two sustainab...