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Last $37.80 USD
Change Today -0.29 / -0.76%
Volume 266.1K
DPM On Other Exchanges
Symbol
Exchange
New York
Berlin
As of 4:15 PM 05/29/15 All times are local (Market data is delayed by at least 15 minutes).

dcp midstream partners lp (DPM) Snapshot

Open
$38.05
Previous Close
$38.09
Day High
$38.44
Day Low
$37.63
52 Week High
06/20/14 - $57.98
52 Week Low
03/13/15 - $35.10
Market Cap
4.3B
Average Volume 10 Days
452.9K
EPS TTM
$2.87
Shares Outstanding
114.7M
EX-Date
05/6/15
P/E TM
13.2x
Dividend
$3.12
Dividend Yield
8.13%
Current Stock Chart for DCP MIDSTREAM PARTNERS LP (DPM)

dcp midstream partners lp (DPM) Related Businessweek News

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dcp midstream partners lp (DPM) Details

DCP Midstream Partners, LP, together with its subsidiaries, owns, operates, acquires, and develops a portfolio of midstream energy assets in the United States. It operates through three segments: Natural Gas Services, natural gas liquids (NGL) Logistics, and Wholesale Propane Logistics. The company’s Natural Gas Services segment gathers, compresses, treats, processes, transports, stores, and sells natural gas. The NGL Logistics segment engages in producing, fractionating, transporting, storing, and selling NGLs, and recovering and selling condensate. The Wholesale Propane Logistics segment is involved in transporting, storing, and selling propane in wholesale markets. It serves retail and wholesale propane customers, refining and petrochemical companies, and NGL marketers operating in the liquid hydrocarbons industry. DCP Midstream GP, LP serves as the general partner of the company. The company was founded in 2005 and is headquartered 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, Gener...
Total Annual Compensation: $228.1K
Compensation as of Fiscal Year 2014.

dcp midstream partners lp (DPM) Key Developments

DCP Midstream Partners LP Presents at NAPTP 2015 MLP Investor Conference, May-20-2015

DCP Midstream Partners LP Presents at NAPTP 2015 MLP Investor Conference, May-20-2015 . Venue: Hyatt Regency, Orlando, Florida, United States. Speakers: Sean P. O'Brien, Chief Financial Officer of DCP Midstream GP LLC and Group Vice President of DCP Midstream GP LLC, Wouter T. van Kempen, Chairman of DCP Midstream GP LLC and Chief Executive Officer of DCP Midstream GP LLC.

DCP Midstream Partners LP Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015 ; Provides Maintenance Capex Guidance for the Year 2015

DCP Midstream Partners LP reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported total operating revenues of $568 million compared to $1,081 million a year ago. Operating income was $69 million compared to $108 million a year ago. Net income attributable to partners was $69 million compared to $79 million a year ago. Net income allocable to limited partners was $38 million compared to $47 million a year ago. Net income per limited partner unit, basic and diluted was $0.33 compared to $0.50 a year ago. Adjusted EBITDA was $162 million compared to $138 million a year ago. Adjusted net income attributable to partners was $112 million compared to $93 million a year ago. Distributable cash flow was $140 million compared to $122 million a year ago. Adjusted net income allocable to limited partners was $81 million compared to $61 million a year ago. Adjusted net income per limited partner unit - basic and diluted was $0.71 compared to $0.65 a year ago. Net cash provided by operating activities was $188 million compared to $146 million a year ago. The company generated $140 million of DCF, up 15% from the first quarter of 2014. For the year 2015, the company expected maintenance capex of $50 million to $60 million.

DCP Midstream Partners, LP Announces Quarterly Distribution for the Quarter Ended March 31, 2015, Payable on May 15, 2015

DCP Midstream Partners, LP announced that the board of directors of its general partner declared a quarterly cash distribution of $0.78 per common unit for the quarter ended March 31, 2015, or $3.12 per unit on an annualized basis. This distribution remains unchanged from the previous quarter and reflects the current industry environment and the partnership's approach to sustainable ongoing distributions. This represents an increase of 4.7% over the $0.745 per unit distribution paid with respect to the first quarter of 2014. This quarterly cash distribution will be paid May 15, 2015, to unit holders of record at the close of business on May 8, 2015.

 

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Industry Analysis

DPM

Industry Average

Valuation DPM Industry Range
Price/Earnings 14.8x
Price/Sales 1.5x
Price/Book 1.5x
Price/Cash Flow 10.9x
TEV/Sales 0.7x
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