DCP Midstream, LP found using ticker (DCP) now have 5 analysts in total covering the stock. The consensus rating is ‘Hold’. The range between the high target price and low target price is between 42 and 38 with a mean TP of 41.1. Given that the stocks previous close was at 41.61 this would imply there is a potential downside of -1.2%. The 50 day moving average now sits at 40.1 and the 200 day moving average is 36.67. The company has a market capitalisation of $8,673m. Company Website: https://www.dcpmidstream.com
The potential market cap would be $8,567m based on the market concensus.
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.
