10.50 -0.05 (-0.47%)
After hours: 5:00PM EDT
|Bid||10.22 x 3000|
|Ask||10.77 x 1100|
|Day's Range||10.00 - 10.66|
|52 Week Range||2.20 - 31.86|
|Beta (5Y Monthly)||3.86|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug. 04, 2020 - Aug. 10, 2020|
|Forward Dividend & Yield||1.56 (16.37%)|
|Ex-Dividend Date||Apr. 30, 2020|
|1y Target Est||11.00|
Shares of Phillips 66 (NYSE: PSX) have been quite volatile this year. The refining company's stock tumbled more than 60% at one point because of the impact the COVID-19 outbreak had on demand for refined products like gasoline and jet fuel. Phillips 66 has a long history of creating value for investors.
DCP Midstream (NYSE: DCP) is a significant player in the North American midstream industry, but units of the MLP have been trading all over the place. You can imagine that times have been tough for DCP given the unprecedented collapse in oil prices. The company is a top natural gas liquid (NGL) producer, https://www.dcpmidstream.com/getattachment/Asset-Bundles/DCP-Midstream-%E2%80%93-Sand-Hills-Pipeline-(Joint-Venture/DCP-Midstream-Partners-Sand-Hills-Pipeline-factsheet.pdf.aspxgas processor, and energy logistics company with operations across nine states, including major basins like the Permian Basin, the Denver Julesburg-Basin, the Eagle Ford, and Mid-Continent.
RBC Capital analyst Elvira Scotto maintained a Hold rating on Dcp Midstream Partners (NYSE:DCP) Lp on Monday, setting a price target of $9, which is approximately 15.53% above the present share price of $7.79.
It would be an understatement to say that units of DCP Midstream (NYSE: DCP) have been volatile this year. The MLP nose-dived a stunning 73.9% in March and then followed that up with an epic 133.9% rally in April, according to data provided by S&P Global Market Intelligence. Fueling that wild ride were huge swings in energy prices, which forced the energy company to make several changes so that it could navigate the industry's current challenges.
Image source: The Motley Fool. DCP Midstream, LP (NYSE: DCP)Q1 2020 Earnings CallMay 9, 2020, 11:00 p.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGood morning, ladies and gentlemen, and welcome to the Q1 2020 DCP Midstream Earnings Conference call.
Let's see if DCP Midstream, LP (DCP) stock is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks.
DENVER, May 06, 2020 -- Today, DCP Midstream, LP (NYSE: DCP) reported its financial results for the three months ended March 31, 2020. HIGHLIGHTS Net loss attributable to.
DENVER, April 21, 2020 -- DCP Midstream, LP (NYSE: DCP) announced today that the board of directors of its general partner declared a first quarter 2020 common unit.
DCP Midstream, LP (DCP) will host a conference call to discuss its first quarter 2020 earnings at 11:00 a.m. ET on Thursday, May 7, 2020, which will be released after the New York Stock Exchange closes for trading on Wednesday, May 6, 2020. The live audio webcast of the conference call and accompanying presentation slides can be accessed through the Investors section on the DCP website at www.dcpmidstream.com and the conference call can be accessed by dialing (844) 233-0113 in the United States or (574) 990-1008 outside the United States. A replay of the conference call will be available until May 21, 2020, by dialing (855) 859-2056 in the United States or (404) 537-3406 outside the United States and using the above conference confirmation number.
Today, in response to unprecedented market conditions and an uncertain economic outlook caused by the COVID-19 pandemic, DCP Midstream, LP (DCP) announced a 15% workforce reduction across its nine-state footprint. The reduction in force, voluntary reductions in senior executive compensation, and other internal cost savings will result in $40 million of incremental retained cash flow.
DENVER, April 03, 2020 -- DCP Midstream, LP (NYSE: DCP) announced that Wouter van Kempen, chairman, president, and chief executive officer and Sean O’Brien, group vice.
Range Resources (RRC) believes that once the short-term headwinds subside, the pricing scenario of natural gas will improve since the worldwide demand for cleaner fuel is mounting.
DCP Midstream (DCP) seems to be a good value pick, as it has decent revenue metrics to back up its earnings, and is seeing solid earnings estimate revisions as well
DENVER, March 26, 2020 -- DCP Midstream, LP (NYSE: DCP) announced that Wouter van Kempen, chairman, president, and chief executive officer will conduct a series of one-on-one.
Today, in response to extraordinary and volatile market conditions, DCP Midstream, LP (DCP) announced the following decisive actions. Second, DCP will reduce its 2020 growth capital program by 75%, to approximately $150 million for the year, down from a guidance midpoint of $600 million. The $450 million growth capital reduction includes the strategic decision to defer a 30% ownership option in Phillips 66’s Sweeny Frac 2 and 3 projects, which was projected to be exercised at the end of 2020.
DENVER, Feb. 28, 2020 -- DCP Midstream, LP (NYSE: DCP) announced that Wouter van Kempen, chairman, president and chief executive officer, will conduct a series of one-on-one.