DCP Midstream, LP(DCP) Stock Research - Grey Stern Research
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DCP Midstream, LP (DCP) Stock Analysis

$41.69 (0.07%)

DCP Financial Performance


Use the table below to view DCP Midstream, LP's financial profile. This data is gathers from the latest available financial statements. Annual data is taken from the trailing 12 months of statements. All numbers are reported in US Dollars and so any foreign currencies are converted to USD so comparison's can be done.

Based on Financial Statements from Q2 - 2023

Metric Value Ranking among Peers
Price $41.69 -
52 Week Low $26.44 -
52 Week High $42.15 -
Market Cap $8.7 Billion 3/6
Gross Margin 100% 1/6
Profit Margin 5% 4/6
EBITDA margin 6% 5/6
Q2 - 2023 Revenue $1.8 Billion 2/6
Q2 - 2023 Earnings $94.0 Million 3/6
Q2 - 2023 Free Cash Flow -$1.0 Million 6/6
Trailing 4 Quarters Revenue $7.6 Billion 2/6
Trailing 4 Quarters Earnings $566.0 Million 3/6
Quarterly Earnings Growth -75% 6/6
Annual Earnings Growth -9% 4/6
Quarterly Revenue Growth -57% 6/6
Annual Revenue Growth -47% 6/6
Cash On Hand $5.0 Million 5/6
Short Term Debt $7.0 Million 6/6
Long Term Debt $5.0 Billion 3/6

DCP Midstream, LP Financial Metrics


Financial metrics are a set of useful numbers that can give key performance indicators of a company. The various metrics can include information about profitability, growth, and debt load. When combined and use properly they can tell an analyst a compelling fact-based story of how the company is currently performing. To compare DCP Midstream, LP's metrics versus it's peers make sure to run our peer analysis tool.

Valuation Metrics

Metric Value Ranking among Peers
PE 15.37 5/6
PS 1.15 4/6
PB 1.45 5/6
PC 1739.79 2/6
Liabilities to Equity 1.09 6/6
ROA 0.05 3/6
ROE 0.09 4/6
Current Ratio 1.92 1/6
Quick Ratio 0.00 4/6
Long Term Debt to Equity 0.84 6/6
Debt to Equity 0.84 6/6
Burn Rate 0.05 3/6
Cash to Cap 0.00 3/6
CCR -0.01 5/6
EV to EBITDA 123.41 1/6
EV to Revenue 1.80 4/6

Company Details

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 Logistics and Marketing, and Gathering and Processing. The Logistics and Marketing segment engages in transporting, trading, marketing, and storing natural gas and natural gas liquids (NGLs); and fractionating NGLs. The Gathering and Processing segment is involved in gathering, compressing, treating, and processing natural gas; producing and fractionating NGLs; and recovering condensate. The company owns and operates approximately 35 natural gas processing plants. It serves petrochemical and refining companies, and retail propane distributors. The company was formerly known as DCP Midstream Partners, LP and changed its name to DCP Midstream, LP in January 2017.DCP Midstream, LP was incorporated in 2005 and is headquartered in Denver, Colorado.

CEO: Mr. Wouter van Kempen

Website: https://www.dcpmidstream.com

Address: 370 17th St Ste 2500 Denver, COLORADO

Exchange: New York Stock Exchange

Industry: Oil & Gas Midstream

DCP Midstream, LP Peer Analysis


A useful and more reliable way of seeing the health of a company is to compare it to other companies operating in the same sector. Below is our list of companies which we rank are the closest peers to DCP Midstream, LP. If you feel that peers should be added or removed from this list please contact us. To run an in-depth peer analysis which compares many financial metrics click on the link below.

Stock Ticker Market Cap
EnLink Midstream, LLC ENLC $6.7 Billion
Targa Resources Corp. TRGP $33.3 Billion
Western Midstream Partners, LP WES $14.8 Billion
Crestwood Equity Partners LP CEQP $3.0 Billion
Hess Midstream LP HESM $7.9 Billion
Run Peer Analysis
Income Statement
Balance Sheet
Cash Flow Statement
DCP Income Statements
Quarter Year Revenue Earnings
Q2 2023 $ 1.8 Billion $94.0 Million
Q1 2023 $ 2.7 Billion $211.0 Million
Q4 2022 $ 3.0 Billion $261.0 Million
Q3 2022 $ 4,319 $328
Q2 2022 $ 4.3 Billion $383.0 Million
Q1 2022 $ 3.4 Billion $80.0 Million
Q4 2021 $ 3.5 Billion $315.0 Million
Q3 2021 $ 2.8 Billion $54.0 Million

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DCP Balance Sheets
Quarter Year Cash & Equivalents Total Assets Total Debt Total Equity
Q2 2023 $5.0 Million $12.5 Billion $5.0 Billion $6.0 Billion
Q1 2023 $1.0 Million $12.9 Billion $4.9 Billion $6.1 Billion
Q4 2022 $1.0 Million $13.3 Billion $4.9 Billion $6.0 Billion
Q3 2022 $93 $13,882 $4,823 $9,059
Q2 2022 $8.0 Million $14.1 Billion $5.1 Billion $6.2 Billion
Q1 2022 $1.0 Million $13.8 Billion $4.8 Billion $13.8 Billion
Q4 2021 $1.0 Million $13.4 Billion $5.5 Billion $5.9 Billion
Q3 2021 $3.0 Million $13.7 Billion $5.8 Billion $5.7 Billion

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DCP Cash Flow Statements
Quarter Year freeCashFlow capitalExpenditure netChangeInCash
Q2 2023 -$1.0 Million $0 -$1.0 Million
Q1 2023 $54.0 Million -$81.0 Million -$1.0 Million
Q4 2022 $489.0 Million -$118.0 Million -$88.0 Million
Q3 2022 $671 -$30 $0
Q2 2022 $514,000 -$60,000 $7,000
Q1 2022 $176.0 Million -$13.0 Million $0
Q4 2021 $352.0 Million -$39.0 Million -$2.0 Million
Q3 2021 $159.0 Million -$28.0 Million -$3.0 Million

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