DCP Midstream (DCP) Stock Price

DCP Midstream Price

🇺🇸NYSE·CLOSED
41.69USD
Market closed
Today +/-
+null USD
Today %
+null %
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DCP Midstream (DCP) — ISIN US23311P1003. The DCP Midstream stock price was 41.69 USD in 2026. DCP Midstream operates in the Energy sector.

DCP Midstream stock price

Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of DCP Midstream over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how DCP Midstream stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing DCP Midstream's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

DCP Midstream Stock Price History
DateDCP Midstream Price
6/16/202341.69 USD
6/15/202341.69 USD

DCP Midstream Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2003
475.1 M USD
9.6 M USD
0 USD
Jan 1, 2004
834 M USD
30.2 M USD
0 USD
Jan 1, 2005
1.14 B USD
47.7 M USD
4.6 M USD
Jan 1, 2006
795.8 M USD
37.9 M USD
33.3 M USD
Jan 1, 2007
1.35 B USD
24.9 M USD
-23.3 M USD
Jan 1, 2008
1.83 B USD
185.6 M USD
112.7 M USD
Jan 1, 2009
942.4 M USD
-700,000 USD
-30.8 M USD
Jan 1, 2010
2.11 B USD
98.1 M USD
31.1 M USD
Jan 1, 2011
3.7 B USD
205 M USD
75 M USD
Jan 1, 2012
2.82 B USD
246 M USD
124 M USD
Jan 1, 2013
3.05 B USD
244 M USD
105 M USD
Jan 1, 2014
3.64 B USD
454 M USD
303 M USD
Jan 1, 2015
7.43 B USD
49 M USD
104 M USD
Jan 1, 2016
6.89 B USD
157 M USD
188 M USD
Jan 1, 2017
8.46 B USD
236 M USD
61 M USD

DCP Midstream Income Statement, Balance Sheet, Cash Flow Statement

Last updated Mar 6, 2026, 3:16 PM
 
REVENUE (B USD)
REVENUE GROWTH (%)
GROSS MARGIN (%)
GROSS INCOME (B USD)
NET INCOME (M USD)
NET INCOME GROWTH (%)
DIV. (USD)
DIV. GROWTH (%)
SHARES (M)
DOCUMENTS
200320042005200620072008200920102011201220132014201520162017201820192020202120222023e2024e
0.480.831.140.81.351.830.942.113.72.823.053.647.436.898.469.827.636.310.7114.9914.6614.29
75.5837.17-30.5169.3135.96-48.52123.7875.52-23.688.0419.37104.01-7.2322.7616.07-22.37-17.3569.9040.03-2.20-2.52
9.268.758.4811.9511.8919.0717.6215.4216.2221.5720.4923.2619.5020.7718.6418.3621.0224.7413.4714.3114.6415.01
0.040.070.10.10.160.350.170.330.60.610.630.851.451.431.581.81.61.561.442.152.152.15
00433-23112-3031751241053031041886187-160-365332982920898
725.00-169.70-586.96-126.79-203.33141.9465.33-15.32188.57-65.6880.77-67.5542.62-283.91128.13-190.96195.78-6.31-2.39
---1.231.982.362.402.422.522.662.823.013.123.123.123.123.121.951.561.641.724.99
60.9819.191.690.834.135.566.026.384.00-37.50-20.005.134.88190.12
17.517.517.517.520.427.431.236.143.654.578.4106.6114.6114.7143.3143.3153.1208.3208.6208.5208.5208.5
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales DCP Midstream generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue DCP Midstream retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare DCP Midstream's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares DCP Midstream has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against DCP Midstream's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

 
ASSETS
CASH BALANCE (M USD)
RECEIVABLES (B USD)
OTHER REC. (M USD)
INVENTORIES (M USD)
OTHER CURRENT LIAB. (M USD)
CURRENT ASSETS (B USD)
TANGIBLE ASSETS (B USD)
LONG-T. INVEST. (B USD)
LONG-T. REC. (M USD)
INTANGIBLE ASSETS (M USD)
GOODWILL (M USD)
OTHER NON-CURRENT ASSETS (M USD)
NON-CURRENT ASSETS (B USD)
TOTAL ASSETS (B USD)
LIABILITIES
COMMON STOCK (B USD)
ADDITIONAL PAID-IN CAPITAL (M USD)
RETAINED EARNINGS (M USD)
OTHER EQUITY (B USD)
UNREAL. GAINS/LOSSES (M USD)
EQUITY (B USD)
LIABILITIES (B USD)
PROVISIONS (M USD)
OTHER SHORT-TERM LIAB. (M USD)
SHORT-TERM DEBTS (M USD)
LONG-TERM DEBT PORTION (M USD)
SHORT-TERM REC. (B USD)
LONG-T. LIAB. (B USD)
DEFERRED TAXES (M USD)
OTHER LIAB. (M USD)
LONG-T. LIABILITIES (B USD)
DEBT (B USD)
TOTAL CAPITAL (B USD)
2004200520062007200820092010201120122013201420152016201720182019202020212022
                   
0424726622782122521156115211
0.060.120.080.130.120.150.150.220.240.340.270.150.790.961.030.860.811.421.36
0000000000000000000
0423037213464887667634372687946387783
0052216910435182232107135134165169108253263
0.060.210.160.220.220.20.230.350.370.50.590.310.991.321.271.081.011.751.7
0.170.180.20.50.8811.11.52.553.053.353.489.078.989.148.928.087.817.88
0.010.010.170.190.110.120.220.110.30.631.461.492.973.053.343.723.643.583.48
0000000000000000000
2333048611191451371291201121371069761443934
0292980899213915415415415472236231231159000
01071091047417918901085218206186192185186209248
0.180.320.510.91.211.291.581.923.244.065.135.1712.6212.561313.0511.9511.6311.63
0.240.530.671.121.421.481.812.283.64.575.725.4813.6113.8814.2714.1312.9613.3813.33
                   
00.10.10.180.370.410.550.651.061.9632.782.617.427.286.615.845.866.02
0000000000000000000
007-15000000000000000
0.20.070.1600.03-0.030.090.240.340.03-0.01-0.014.21-0.01-0.01-0.01-0.01-0.01-0.01
0000000000000000000
0.20.170.270.170.40.380.630.891.411.992.992.776.827.417.276.615.835.856.01
0.040.140.120.170.110.130.140.280.220.280.220.120.731.060.90.740.71.181.45
0112100114403031213233262255242223262
3785254637592781139852185198214197177250282
000000000335000000000
000000000025005000525603505355506
0.040.150.130.220.160.190.210.380.350.720.60.21.621.491.91.791.622.012.5
00.210.270.630.660.610.650.751.621.592.042.424.914.714.785.325.125.084.36
00000000000028293230303433
0347637721035244415148200216251350326382404
00.210.270.710.690.690.750.81.661.632.12.475.144.955.075.75.485.494.79
0.040.360.40.930.860.880.961.182.012.352.72.676.766.446.977.497.17.57.3
0.240.530.671.11.251.261.592.073.414.345.695.4413.5813.8514.2414.112.9313.3613.31
Details

Balance Sheet

What Is the Balance Sheet?

The balance sheet is a financial snapshot of DCP Midstream at a specific point in time. It follows the fundamental equation: Assets = Liabilities + Shareholders' Equity. Unlike the income statement (which covers a period), the balance sheet tells you what the company owns, what it owes, and what belongs to shareholders at a given date.

Assets

Current assets (cash, receivables, inventory) can be converted to cash within 12 months and indicate short-term liquidity. Non-current assets (property, equipment, intangible assets, goodwill) represent long-term investments. A high proportion of cash and short-term investments gives DCP Midstream financial flexibility to weather downturns, fund acquisitions, or return capital to shareholders.

Liabilities

Current liabilities (accounts payable, short-term debt) are obligations due within one year. Non-current liabilities (long-term debt, pension obligations) are due further out. Key ratio to watch: the debt-to-equity ratio (Total Debt ÷ Shareholders' Equity). A ratio below 1.0 is generally healthy, meaning the company is funded more by equity than debt. Highly leveraged companies amplify both gains and losses.

Shareholders' Equity

Equity is the residual value belonging to shareholders after all debts are paid. It includes retained earnings (accumulated profits not paid out as dividends) and paid-in capital. Rising equity year over year is a positive sign — it means DCP Midstream is building book value. Declining equity, especially when driven by losses or heavy share buybacks funded by debt, warrants closer scrutiny.

Key Ratios to Derive

From the balance sheet, you can calculate the current ratio (current assets ÷ current liabilities; above 1.5 is comfortable), book value per share (equity ÷ shares outstanding), and return on equity (net income ÷ equity; above 15 % is strong). Tracking these ratios over time reveals whether DCP Midstream is strengthening or weakening its financial position.

 
NET INCOME (B USD)
DEPRECIATION (M USD)
DEFERRED TAXES (M USD)
CHANGES IN WORKING CAPITAL (M USD)
NON-CASH ITEM (M USD)
PAID INTEREST (M USD)
PAID TAXES (M USD)
NET CASH FLOW FROM OPERATING ACTIVITIES (B USD)
CAPITAL EXPENDITURES (M USD)
CASH FLOW FROM INVESTING ACTIVITIES (M USD)
CASH FLOW FROM OTHER INVESTING ACTIVITIES (M USD)
INTEREST INCOME AND EXPENSES (M USD)
NET DEBT CHANGE (M USD)
NET CHANGE IN EQUITY (B USD)
CASH FLOW FROM FINANCING ACTIVITIES (B USD)
CASH FLOW FROM OTHER FINANCING ACTIVITIES (B USD)
TOTAL DIVIDENDS PAID (M USD)
NET CHANGE IN CASH FLOW (M USD)
FREE CASH FLOW (M USD)
SHARE-BASED COMPENSATION (M USD)
20032004200520062007200820092010201120122013201420152016201720182019202020212022
0.010.020.070.060.030.18-00.10.190.230.220.44-0.870.090.230.30.02-0.30.41.06
12191212405364881339195110377378379388404376364360
00000000-2900000000000
8-171925-6127-31-30123-198-284127-69138-170-58128-369414
0011-579-81864-33-2061-2780424214514249289725652
0001126269717234073293306290259258283297277
022000103011232233331
0.030.020.110.090.090.180.120.160.390.10.350.520.440.650.90.660.861.10.651.88
-2-3-10-27-45-72-164-75-384-484-363-338-811-144-375-595-519-160-108-246
-1-2-130-93-533-192-163-345-537-1,384-1,387-1,236-711-34-391-945-760-259-110-391
10-119-66-488-1191-269-153-900-1,024-898100110-16-350-241-99-2-145
00000000000000000000
002105736226-433499873304384-992-275-695583599-306-195-578
000.2100.230.130.070.190.170.461.0810.0300.490.26000-0.5
-0.03-0.020.0600.430.05-0.010.190.151.281.050.730.25-0.61-0.350.13-0.1-0.79-0.59-1.49
-0.03-0.02-0.14-0.03-0.12-0.040.050.070.010.13-0.06-0.241.690.150.4-0.01-0.02-0.01-0.01-0.01
00-218-22-44-76-85-101-132-181-277-420-482-483-545-704-677-465-384-401
00424-1632-5941-61013-24-2155-155055-554
28.121.4102.267.640.9104.9-47.586.53-382-18186-369501521673409395381,636
00000000000000000000

Unlock the full history with 30+ years of data and forecast estimates.

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DCP Midstream Stock Quarterly Figures

 
REVENUE (B USD)
REVENUE GROWTH (%)
GROSS MARGIN (%)
GROSS INCOME (M USD)
NET INCOME (M USD)
NET INCOME GROWTH (%)
DIV. (USD)
DIV. GROWTH (%)
SHARES (M)
2004 Q42005 Q12005 Q22005 Q32005 Q42006 Q12006 Q22006 Q32006 Q42007 Q12007 Q22007 Q32007 Q42008 Q12008 Q22008 Q32008 Q42009 Q12009 Q22009 Q32009 Q42010 Q12010 Q22010 Q32010 Q42011 Q12011 Q22011 Q32011 Q42012 Q12012 Q22012 Q32012 Q42013 Q12013 Q22013 Q32013 Q42014 Q12014 Q22014 Q32014 Q42015 Q12015 Q22015 Q32015 Q42016 Q12016 Q22016 Q32016 Q42017 Q12017 Q22017 Q32017 Q42018 Q12018 Q22018 Q32018 Q42019 Q12019 Q22019 Q32019 Q42020 Q12020 Q22020 Q32020 Q42021 Q12021 Q22021 Q32021 Q42022 Q12022 Q22022 Q32022 Q42023 Q12023 Q2e2023 Q3e2023 Q4e
0.140.130.150.470.390.270.160.160.210.240.180.190.270.480.340.550.450.280.150.210.30.40.280.240.350.630.580.591.90.840.670.60.720.750.790.690.821.080.810.870.880.570.430.475.971.461.621.821.982.121.952.062.342.142.322.762.612.21.81.71.931.661.271.591.792.322.092.833.483.384.274.323.032.733.663.693.68
-9.2918.11216.00-17.30-32.40-39.621.2527.7814.49-23.633.8741.4980.08-28.1860.47-17.75-37.44-46.4834.8746.3434.33-31.27-13.7245.6181.90-9.163.13219.73-55.85-20.19-9.5818.384.765.74-13.0119.1631.67-24.886.901.50-35.53-24.308.141,183.23-75.4710.8612.328.786.96-8.115.4413.72-8.478.3219.08-5.51-15.65-18.24-5.5113.54-14.10-23.1124.4912.5529.86-10.0535.5922.99-2.9326.491.17-29.84-10.0334.340.74-0.35
10.7111.8110.006.758.678.6813.7513.5813.0410.978.2913.30-7.5210.02-29.6536.4144.4923.591.9726.3413.3317.3725.6316.3215.5211.2221.2224.2811.5516.8526.6516.7226.4320.2926.2616.1118.7618.1316.7523.9634.8529.2328.8439.5714.9522.4720.2721.171.6120.4620.1117.52-0.8617.3016.7915.6623.4817.9624.5823.0119.4430.8423.5523.2021.2912.1211.8011.1817.238.8914.6414.4018.3518.2713.6013.5013.55
151515323423222227261525-2048-1022012026735440707139547112214421914117810118915220811115419613620830716612418489232932938632434392360-20370389432612395442391375511300368380281246316599300625622556498498498498
00004589111006-38-9-16014713418-446-112221-8-4-113559-81269-10533186-2084728616838-334059411489445947-5914121026392062-228-14-56432967139-463830166368312236206188201210
25.0060.0012.5022.22-9.09-733.33-76.321,677.78-191.88-8.84-86.57-344.44-113.64-283.33-300.00-4.55-138.10-50.00175.00-418.1868.57-113.56-250.00475.00-114.49-630.00-41.51177.42-123.26-140.00487.50-95.744,200.0095.35-77.38-186.84-221.2147.50-30.51-65.85535.71-50.5634.09-20.34-225.53-123.73-14.29-16.67160.0050.00-48.72210.00-467.74-93.863,928.57-105.67200.00-26.04-45.07-217.95-182.61692.11-78.07457.58-15.22-24.36-12.71-8.746.914.48
-----0.100.350.380.410.430.470.530.550.570.590.600.600.600.600.600.600.600.600.610.610.620.630.630.640.650.660.670.680.690.700.710.720.730.750.760.770.780.780.780.780.780.780.780.780.780.780.780.780.780.780.780.780.780.780.780.780.780.390.390.390.390.390.390.390.390.390.430.430.430.43--
250.008.577.894.889.3012.773.773.643.511.691.671.641.611.591.561.541.521.491.471.451.431.411.391.372.701.321.30-50.0010.26
17.517.517.517.717.517.517.717.517.517.71822.322.924.928.22728.228.231.731.733.234.634.6363941.344.244.244.54751.958.760.565.177.3838893.4108.4111113.5114.2114.7114.7114.6114.7114.7114.7114.7143.3143.3143.3143.3143.3143.3143.3143.3143.3143.3143.3182.5208.3208.7208.7208.3208.5208.4208.7208.6208.8208.52208.5208.5208.59208.59208.59208.59
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales DCP Midstream generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue DCP Midstream retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare DCP Midstream's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares DCP Midstream has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against DCP Midstream's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

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DCP Midstream stock margins

The DCP Midstream margin analysis displays the gross margin, EBIT margin, as well as the profit margin of DCP Midstream. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for DCP Midstream.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2003
9.37 %
2.02 %
0 %
Jan 1, 2004
8.8 %
3.62 %
0 %
Jan 1, 2005
8.48 %
4.17 %
0.4 %
Jan 1, 2006
11.99 %
4.76 %
4.18 %
Jan 1, 2007
11.93 %
1.85 %
-1.73 %
Jan 1, 2008
19.09 %
10.14 %
6.16 %
Jan 1, 2009
17.64 %
-0.07 %
-3.27 %
Jan 1, 2010
15.43 %
4.65 %
1.48 %
Jan 1, 2011
16.22 %
5.54 %
2.03 %
Jan 1, 2012
21.57 %
8.71 %
4.39 %
Jan 1, 2013
20.49 %
8 %
3.44 %
Jan 1, 2014
23.26 %
12.47 %
8.32 %
Jan 1, 2015
19.5 %
0.66 %
1.4 %
Jan 1, 2016
20.77 %
2.28 %
2.73 %
Jan 1, 2017
18.64 %
2.79 %
0.72 %

DCP Midstream Stock Sales Revenue, EBIT, Earnings per Share

The DCP Midstream earnings per share therefore indicates how much revenue DCP Midstream has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Sales per Share
EBIT per share
Earnings per Share
Details
Date
Sales per Share
EBIT per share
Earnings per Share
Jan 1, 2003
27.15 USD
0.55 USD
0 USD
Jan 1, 2004
47.66 USD
1.73 USD
0 USD
Jan 1, 2005
65.39 USD
2.73 USD
0.26 USD
Jan 1, 2006
45.47 USD
2.17 USD
1.9 USD
Jan 1, 2007
65.99 USD
1.22 USD
-1.14 USD
Jan 1, 2008
66.81 USD
6.77 USD
4.11 USD
Jan 1, 2009
30.21 USD
-0.02 USD
-0.99 USD
Jan 1, 2010
58.4 USD
2.72 USD
0.86 USD
Jan 1, 2011
84.86 USD
4.7 USD
1.72 USD
Jan 1, 2012
51.82 USD
4.51 USD
2.28 USD
Jan 1, 2013
38.92 USD
3.11 USD
1.34 USD
Jan 1, 2014
34.17 USD
4.26 USD
2.84 USD
Jan 1, 2015
64.83 USD
0.43 USD
0.91 USD
Jan 1, 2016
60.1 USD
1.37 USD
1.64 USD
Jan 1, 2017
59.05 USD
1.65 USD
0.43 USD

DCP Midstream business model

DCP Midstream LP is a leading operator in the natural gas infrastructure sector in the USA. The company was founded in 2007 and is headquartered in Denver, Colorado. DCP Midstream LP is a joint venture between Spectra Energy Corp. and ConocoPhillips and consists of two business segments: gas processing and pipeline transportation. The history of DCP Midstream LP dates back to the 1920s, when the company was founded as Lone Star Gas Company. Over the years, the company underwent multiple restructurings and name changes before eventually merging into DCP Midstream LP. DCP Midstream LP's business model includes exploration, production, processing, and transportation of natural gas. The company has the capability to transport large quantities of natural gas through its extensive infrastructure in the USA. This includes pipelines, gas processing plants, compressors, and storage facilities. The gas processing business segment includes gathering, processing, and selling of natural gas and NGLs (Natural Gas Liquids) such as ethane, propane, and butane. DCP Midstream LP operates multiple gas processing plants in the USA and has the ability to process a variety of raw gases. The NGLs extracted from the gas are often used as feedstocks for the petrochemical industry. On the other hand, the pipeline transportation business segment focuses on the transportation of natural gas through pipelines. DCP Midstream LP owns and operates approximately 61,000 kilometers of gas pipelines in the USA, which are used, among other things, to supply cities, industrial facilities, and power plants. DCP Midstream LP offers a wide range of products and services, including: - Gas processing: DCP Midstream LP provides customers with the opportunity to process their raw gas into a higher-value form of natural gas and NGLs. This can be done at one of the company's many gas processing plants. - Pipeline transportation: DCP Midstream LP transports natural gas through its pipelines to customers in the USA and also offers transportation services to other companies. - Compression: DCP Midstream LP offers the capability to compress the gas to higher pressure for transportation through pipelines. - Storage: The company also provides the ability to store natural gas in underground storage facilities. DCP Midstream LP is committed to minimizing environmental impact and creating a sustainable future. The company strives to reduce emissions and waste through its production and transportation processes and aims to integrate renewable energy sources into its infrastructure. In summary, DCP Midstream LP is a significant player in the American natural gas industry. The company operates gas processing plants and pipelines, and transports natural gas and NGLs in the USA. It also offers a wide range of products and services to meet the needs of its customers.

DCP Midstream SWOT Analysis

Strengths

DCP Midstream LP possesses several strengths that contribute to its competitive advantage in the market. These strengths include:

  • Strong market position: DCP Midstream LP is one of the largest natural gas and natural gas liquids (NGL) producers and marketers in the United States, enjoying a significant market share.
  • Diverse asset portfolio: The company operates a well-diversified portfolio of midstream assets, including pipelines, processing plants, and storage facilities, providing it with a competitive edge in serving various geographic regions.
  • Long-term contracts: DCP Midstream LP has established long-term contracts with producers, ensuring a stable revenue stream and reducing the impact of natural gas price volatility.
  • Operational expertise: The company's deep industry knowledge and operational expertise allow it to efficiently manage its midstream infrastructure, optimize processes, and ensure reliable delivery to its customers.

Weaknesses

Despite its strengths, DCP Midstream LP faces certain weaknesses that could hinder its growth and performance:

  • Dependency on natural gas prices: Fluctuations in natural gas prices significantly affect the company's profitability, as it relies heavily on natural gas and NGL production and marketing.
  • Regulatory challenges: The midstream sector is subject to various regulations, including environmental and safety regulations, which could increase compliance costs and restrict expansion opportunities.
  • Exposure to counterparty risk: DCP Midstream LP's financial performance is susceptible to counterparty risk, as its operations involve significant contracts and agreements with producers, customers, and suppliers.
  • High capital requirements: The midstream industry demands substantial capital investments for infrastructure development and maintenance, putting financial strain on the company, especially during economic downturns.

Opportunities

DCP Midstream LP can leverage the following opportunities to drive future growth and expansion:

  • Growing demand for natural gas: The increasing demand for cleaner and more environmentally friendly energy sources presents an opportunity for DCP Midstream LP to expand its operations and capture new markets.
  • Investment in renewable energy: Diversifying into renewable energy sources, such as wind or solar, can help the company reduce its reliance on fossil fuels, cater to evolving customer preferences, and tap into the expanding renewable energy market.
  • Strategic partnerships and acquisitions: Collaborating with other industry players and acquiring complementary businesses can enhance DCP Midstream LP's capabilities, expand its footprint, and strengthen its competitive position.
  • Technological advancements: Embracing innovative technologies, such as advanced analytics and automation, can improve operational efficiency, optimize asset utilization, and reduce costs.

Threats

DCP Midstream LP should be aware of the following threats that could impact its business negatively:

  • Volatile commodity prices: Fluctuations in natural gas, NGL, and oil prices can impact the company's financial performance, profitability, and investment decisions.
  • Competition: DCP Midstream LP faces intense competition from other midstream companies, which may offer similar services and capabilities, potentially leading to pricing pressures and market share erosion.
  • Regulatory changes: Shifts in energy policies, new regulations, or changes in tax laws can have a significant impact on the midstream industry, requiring DCP Midstream LP to adapt its operations and potentially incur additional costs.
  • Supply and demand imbalances: An oversupply or undersupply of natural gas or NGLs in specific regions can affect pricing, demand, and margins, posing risks to DCP Midstream LP's financial performance.

DCP Midstream Segments

DCP Midstream Revenue by Segment (1/3)

  • 3 Years

  • 5 Years

  • 10 Years

  • Max

Logistics and Marketing
Gathering and Processing
Natural Gas Services
Wholesale Propane Logistics
NGL Logistics
Eliminations
Other
Intersegment Eliminations
Details
Date
Logistics and Marketing
Gathering and Processing
Natural Gas Services
Wholesale Propane Logistics
NGL Logistics
Eliminations
Other
Intersegment Eliminations
Jan 1, 2014
0 USD
0 USD
3.16 B USD
406 M USD
73 M USD
0 USD
0 USD
0 USD
Jan 1, 2015
0 USD
0 USD
1.62 B USD
200 M USD
80 M USD
0 USD
0 USD
0 USD
Jan 1, 2016
0 USD
0 USD
0 USD
0 USD
0 USD
0 USD
0 USD
-3 M USD
Jan 1, 2018
0 USD
0 USD
0 USD
0 USD
0 USD
0 USD
0 USD
0 USD
Jan 1, 2019
6.86 B USD
4.32 B USD
0 USD
0 USD
0 USD
-3.55 B USD
0 USD
0 USD
Jan 1, 2020
5.53 B USD
3.48 B USD
0 USD
0 USD
0 USD
-2.71 B USD
0 USD
0 USD
Jan 1, 2021
9.73 B USD
6.89 B USD
0 USD
0 USD
0 USD
-5.92 B USD
0 USD
0 USD
Jan 1, 2022
13.44 B USD
10.13 B USD
0 USD
0 USD
0 USD
-8.58 B USD
0 USD
0 USD

DCP Midstream Revenue by Segment (2/3)

  • 3 Years

  • 5 Years

  • Max

Logistics and Marketing
Gathering and Processing
Natural Gas Services
Wholesale Propane Logistics
NGL Logistics
Other
Details
Date
Logistics and Marketing
Gathering and Processing
Natural Gas Services
Wholesale Propane Logistics
NGL Logistics
Other
Jan 1, 2014
0 USD
0 USD
0 USD
0 USD
0 USD
0 USD
Jan 1, 2015
0 USD
0 USD
0 USD
0 USD
0 USD
0 USD
Jan 1, 2016
0 USD
0 USD
1.27 B USD
146 M USD
85 M USD
0 USD
Jan 1, 2018
9.01 B USD
5.84 B USD
0 USD
0 USD
0 USD
0 USD
Jan 1, 2019
0 USD
0 USD
0 USD
0 USD
0 USD
0 USD
Jan 1, 2020
0 USD
0 USD
0 USD
0 USD
0 USD
0 USD
Jan 1, 2021
0 USD
0 USD
0 USD
0 USD
0 USD
0 USD
Jan 1, 2022
0 USD
0 USD
0 USD
0 USD
0 USD
0 USD

DCP Midstream Revenue by Segment (3/3)

  • 3 Years

  • 5 Years

  • Max

Eliminations
Details
Date
Eliminations
Jan 1, 2014
0 USD
Jan 1, 2015
0 USD
Jan 1, 2016
0 USD
Jan 1, 2018
-5.04 B USD
Jan 1, 2019
0 USD
Jan 1, 2020
0 USD
Jan 1, 2021
0 USD
Jan 1, 2022
0 USD

DCP Midstream Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

DCP Midstream historical P/E ratio, EBIT multiple, and P/S ratio

DCP Midstream shares outstanding

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2003
17.5 M base_Shares
Jan 1, 2004
17.5 M base_Shares
Jan 1, 2005
17.5 M base_Shares
Jan 1, 2006
17.5 M base_Shares
Jan 1, 2007
20.4 M base_Shares
Jan 1, 2008
27.4 M base_Shares
Jan 1, 2009
31.2 M base_Shares
Jan 1, 2010
36.1 M base_Shares
Jan 1, 2011
43.6 M base_Shares
Jan 1, 2012
54.5 M base_Shares
Jan 1, 2013
78.4 M base_Shares
Jan 1, 2014
106.6 M base_Shares
Jan 1, 2015
114.6 M base_Shares
Jan 1, 2016
114.7 M base_Shares
Jan 1, 2017
143.3 M base_Shares

DCP Midstream Dividend History

18 years of dividend payments

YearAnnual DividendYoY ChangePayments
20230.86USD 47.6%
20221.64USD 5.1%
20211.56USD 20.0%

DCP Midstream dividend payout ratio

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2003
214.77 %
Jan 1, 2004
214.77 %
Jan 1, 2005
214.77 %
Jan 1, 2006
64.74 %
Jan 1, 2007
-173.25 %
Jan 1, 2008
57.42 %
Jan 1, 2009
-242.42 %
Jan 1, 2010
281.4 %
Jan 1, 2011
146.22 %
Jan 1, 2012
116.67 %
Jan 1, 2013
210.45 %
Jan 1, 2014
105.81 %
Jan 1, 2015
342.86 %
Jan 1, 2016
190.24 %
Jan 1, 2017
725.58 %
Unfortunately, there are currently no price targets and forecasts available for DCP Midstream.

DCP Midstream Earnings Estimates

DCP Midstream Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
8/2/20221.14USD4.56 BUSD2022 Q2
8/7/20180.24USD2.43 BUSD2018 Q2

DCP Midstream shareholders

% Name
56.48083%
DCP Midstream, L.L.C.
DCP Midstream, L.L.C.
6.45492%
Alps Advisors, Inc.
Alps Advisors, Inc.
3.78563%
Tortoise Capital Advisors, LLC
Tortoise Capital Advisors, LLC
3.29007%
Goldman Sachs Asset Management, L.P.
Goldman Sachs Asset Management, L.P.
3.10673%
Morgan Stanley Investment Management Inc. (US)
Morgan Stanley Investment Management Inc. (US)
2.60616%
Harvest Fund Advisors LLC
Harvest Fund Advisors LLC
1.99087%
J.P. Morgan Securities LLC
J.P. Morgan Securities LLC
1.40722%
Citi Investment Research (US)
Citi Investment Research (US)
1.24897%
Chickasaw Capital Management, L.L.C.
Chickasaw Capital Management, L.L.C.
0.98299%
Mirae Asset Global Investments (USA) LLC
Mirae Asset Global Investments (USA) LLC
...

DCP Midstream Executives and Management Board

WK

Mr. Wouter van Kempen

(52)

President, Chief Executive Officer · since 2013

Compensation5.47 M USD
SO

Mr. Sean O'Brien

(52)

Chief Financial Officer, Group Vice President

Compensation2.54 M USD
DB

Mr. Donald Baldridge

(52)

Interim Chief Executive Officer

Compensation2.27 M USD
WJ

Mr. William Johnson

(50)

President - Operations

Compensation1.54 M USD
GG

Mr. George Green

(41)

Group Vice President, General Counsel

Compensation1.1 M USD

DCP Midstream Supply Chain

DCP Midstream Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
30 companies
#Name1M3M6M1Y2YTrend
1
0,22
0,66
0,83
0,82
0,97
2
ONEOK
Supplier
0,80
0,52
0,84
0,79
0,97
3
MPLX
Supplier
0,90
0,63
0,80
0,78
0,97
4
0,88
0,71
0,93
0,81
0,95
5
0,93
0,80
0,96
0,82
0,94
#Name1M3M6M1Y2YTrend
1
Concho Resources Inc.
-0,37
0,47
0,48
2
Phillips 66 Partners LP
Supplier
0,53
0,51
0,59
0,33
3
Approach Resources Inc.
Supplier
4
-0,52
-0,25
0,07
0,39
5
Extraction Oil & Gas Inc
-0,30
-0,26
-0,73

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Most common questions regarding DCP Midstream

DCP Midstream LP operates as a leading provider of natural gas and natural gas liquids (NGLs) in the United States. The company's business model revolves around gathering, processing, and transporting natural gas and NGLs from both onshore and offshore sources. DCP Midstream LP's strong network of pipelines, storage facilities, and processing plants enables it to efficiently handle and deliver these energy resources to end markets. With a focus on strategic partnerships and sustainable growth, DCP Midstream LP plays a vital role in the energy value chain, ensuring the reliable supply of natural gas and NGLs to meet the demands of various industries.

All fundamentals about DCP Midstream

Our stock analysis for DCP Midstream Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of DCP Midstream Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.