Last $56.32 USD
Change Today +0.27 / 0.48%
Volume 11.6K
DPM On Other Exchanges
Symbol
Exchange
New York
Berlin
As of 10:18 AM 08/28/14 All times are local (Market data is delayed by at least 15 minutes).

dcp midstream partners lp (DPM) Snapshot

Open
$55.99
Previous Close
$56.05
Day High
$56.40
Day Low
$55.62
52 Week High
06/20/14 - $57.98
52 Week Low
12/12/13 - $45.02
Market Cap
6.2B
Average Volume 10 Days
263.6K
EPS TTM
$1.50
Shares Outstanding
110.5M
EX-Date
08/6/14
P/E TM
37.5x
Dividend
$3.03
Dividend Yield
5.25%
Current Stock Chart for DCP MIDSTREAM PARTNERS LP (DPM)

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dcp midstream partners lp (DPM) Details

DCP Midstream Partners, LP, together with its subsidiaries, owns, operates, acquires, and develops a diversified portfolio of midstream energy assets in the United States. It operates in three segments: Natural Gas Services, NGL Logistics, and Wholesale Propane Logistics. The Natural Gas Services segment is engaged in gathering, compressing, treating, processing, transporting, storing, and selling natural gas. This segment holds approximately 11,500 miles of pipelines; 20 plants; 5 fractionators; approximately 3.2 billion cubic feet per day of processing capacity; and 15 billion cubic feet of natural gas storage capacity. The NGL Logistics Segment is involved in producing, fractionating, transporting, storing, and selling natural gas liquids (NGLs), and recovering and selling condensate. This segment operates 4 fractionators; approximately 1,500 miles of NGL pipelines; and 7 MMBbls of NGL storage capacity. The Wholesale Propane Logistics segment is engaged in transporting, storing, and selling propane in wholesale markets. This segment owns/leases terminals: 6 rail, 1 pipeline, and 2 marine net storage capacity with 975 thousand barrels. The company serves retail and wholesale propane customers, refining and petrochemical companies, and NGL marketers operating in the liquid hydrocarbons industry. DCP Midstream Partners, LP was founded in 2005 and is based in Denver, Colorado. DCP Midstream Partners LP operates as a subsidiary of DCP Midstream LLC.

Founded in 2005

dcp midstream partners lp (DPM) Top Compensated Officers

Vice President of DCP Midstream GP LLC, Secre...
Total Annual Compensation: $221.4K
Consultant
Total Annual Compensation: $299.4K
Compensation as of Fiscal Year 2013.

dcp midstream partners lp (DPM) Key Developments

DCP Midstream Partners, LP Reports Unaudited Consolidated Financial Results for the Second Quarter and Six Months Ended June 30, 2014

DCP Midstream Partners, LP reported unaudited consolidated financial results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported total operating revenues of $812 million compared to $792 million for the same period a year ago. Operating income was $37 million compared to $117 million last year. Net income allocable to limited partners was $2 million or $0.02 per basic and diluted share compared to $86 million or $1.11 per basic and diluted share last year. Net income attributable to partners was $29 million compared to $107 million last year. Adjusted EBITDA was $110 million compared to $84 million last year. Adjusted net income attributable to partners was $58 million compared to $49 million last year. Adjusted net income allocable to limited partners was $31 million or $0.29 per basic and diluted share compared to $28 million or $0.36 per basic and diluted share last year. Net cash provided by operating activities was $154 million compared to $129 million last year. For the six months, the company reported total operating revenues of $1,893 million compared to $1,541 million for the same period a year ago. Operating income was $145 million compared to $182 million last year. Net income allocable to limited partners was $49 million or $0.49 per basic and diluted share compared to $117 million or $1.64 per basic and diluted share last year. Net income attributable to partners was $108 million compared to $164 million last year. Adjusted EBITDA was $248 million compared to $184 million last year. Adjusted net income attributable to partners was $151 million compared to $116 million last year. Adjusted net income allocable to limited partners was $92 million or $0.91 per basic and diluted share compared to $69 million or $0.97 per basic and diluted share last year. Net cash provided by operating activities was $300 million compared to $281 million last year.

DCP Midstream Partners, LP Declares Distribution for the Quarter Ended June 30, 2014 Payable on August 15, 2014

DCP Midstream Partners, LP announced that the board of directors of its general partner declared a quarterly cash distribution of $0.7575 per common unit for the quarter ended June 30, 2014, or $3.03 per unit on an annualized basis. This represents an increase of 1.7% over the last quarterly distribution of $0.745 per unit paid May 15, 2014 and a 6.7% increase over the $0.71 per unit distribution declared with respect to the second quarter of 2013. The quarterly cash distribution will be paid August 15, 2014, to unitholders of record at the close of business August 8, 2014.

DCP Midstream Partners LP to Report Q2, 2014 Results on Aug 05, 2014

DCP Midstream Partners LP announced that they will report Q2, 2014 results After-Market on Aug 05, 2014

 

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Industry Analysis

DPM

Industry Average

Valuation DPM Industry Range
Price/Earnings 100.0x
Price/Sales 1.8x
Price/Book 2.3x
Price/Cash Flow 45.5x
TEV/Sales 1.1x
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