09 Mar DCP Dcp Midstream LP Stock Price
- The company was formerly known as DCP Midstream Partners, LP and changed its name to DCP Midstream, LP in January 2017.
- On the date of publication, David Moadel did not have (either directly or indirectly) any positions in the securities mentioned in this article.
- DCP Midstream Partners, LP (DCP) closed the most recent trading day at $41.69, moving -0.14% from the previous trading session.
- DCP Midstream (DCP) reported Q earnings per share (EPS) of $0.40, missing estimates of $0.81 by 50.12%.
- Investors of record on Monday, May 1st will be given a dividend of $0.43 per share on Monday, May 15th.
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These returns cover a period from January 1, 1988 through September 4, 2023. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank city index review stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month.
- These revisions typically reflect the latest short-term business trends, which can change frequently.
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- The Logistics and Marketing segment includes transporting, trading, marketing, and storing natural gas and NGLs and fractionating NGLs.
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DCP Midstream Company Info
As a result, we can interpret positive estimate revisions as a good sign for the company’s business outlook. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities. You can find your newly purchased DCP stock in your portfolio—alongside the rest of your stocks, ETFs, crypto, treasuries, and alternative assets. Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions.Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 6.54% lower. DCP Midstream Partners, LP is currently a Zacks Rank #3 (Hold). Coming into today, shares of the company had gained 0.14% in the past month. In that same time, the Oils-Energy sector lost 8.43%, while the S&P 500 lost 5.06%.
That company hails from Colorado and specializes in midstream energy assets, including natural gas liquids (NGL). Our research shows that these estimate changes are directly correlated with near-term stock prices. Our system takes these estimate changes into account and delivers a clear, actionable rating model. Investors should also note any recent changes to analyst estimates for DCP Midstream Partners, LP. These revisions typically reflect the latest short-term business trends, which can change frequently.
In the latest trading session, DCP Midstream Partners, LP (DCP) closed at $41.82, marking a +0.24% move from the previous day. Data are provided ‘as is’ for informational purposes only and are not intended for trading purposes. Data may be intentionally delayed pursuant to supplier requirements. Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $4.48 per share and revenue of $7.37 billion. These totals would mark changes of -16.26% and -50.82%, respectively, from last year. Investors will be hoping for strength from DCP Midstream Partners, LP as it approaches its next earnings release.
In that report, analysts expect DCP Midstream Partners, LP to post earnings of $1.09 per share. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $1.94 billion, down 42.65% from the year-ago period. DCP Midstream announced a quarterly dividend on Wednesday, April 19th. Investors of record on Monday, May 1st will be given a dividend of $0.43 per share on Monday, May 15th. This represents a $1.72 annualized dividend and a dividend yield of 4.13%.
5 Wall Street research analysts have issued 1 year price targets for DCP Midstream’s shares. On average, they expect the company’s stock price to reach $42.00 in the next twelve months. This suggests a possible upside of 0.7% from the stock’s current price. View analysts price targets for DCP or view top-rated stocks among Wall Street analysts.
Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. DCP Midstream, LP, together with its subsidiaries, owns, operates, acquires, and develops a portfolio of midstream energy assets in the United States. The company operates through two segments, Logistics and Marketing, and Gathering and Processing.
DCP Midstream LP engages in the business of gathering, compressing, treating, processing, transporting, storing, and selling natural gas. It operates through the Logistics and Marketing and Gathering and Processing segments. The Logistics and Marketing segment includes transporting, trading, marketing, and storing natural gas and NGLs and fractionating NGLs. The Gathering and Processing segment refers to the gathering, compressing, treating, and processing of natural gas, producing and fractionating NGLs and recovering condensate. The company was founded in August 2005 and is headquartered in Denver, CO. The Gathering and Processing segment consists of gathering, compressing, treating, and processing natural gas, producing and fractionating NGLs and recovering condensate.
It serves petrochemical and refining companies, and retail propane distributors. The company was formerly known as DCP Midstream Partners, LP and alpari review changed its name to DCP Midstream, LP in January 2017. DCP Midstream, LP was incorporated in 2005 and is headquartered in Denver, Colorado.
DCP Midstream Partners, LP (DCP) closed the most recent trading day at $41.69, moving -0.14% from the previous trading session. DCP Midstream Partners, LP (DCP) closed the most recent trading day at $41.61, moving -0.19% from the previous trading session. The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. He also serves as the chief analyst and market researcher for Portfolio Wealth Global and hosts the popular financial YouTube channel Looking at the Markets. MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued.