DCP Midstream, LP with ticker code (DCP) now have 5 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price High/Low ranges between 42 and 38 calculating the average target price we see $41.10. Given that the stocks previous close was at $41.85 this would indicate that there is a downside of -1.8%. The day 50 moving average is $41.72 and the 200 moving average now moves to $38.54. The company has a market cap of $8,726m. Find out more information at: https://www.dcpmidstream.com
The potential market cap would be $8,569m based on the market consensus.
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. 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 36 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.
The company has a dividend yield of 4.11% with the ex dividend date set at 2-2-2023 (DMY).
Other points of data to note are a P/E ratio of 8.88, revenue per share of 72.92 and a 3.42% return on assets.
