DCP Midstream, LP with ticker code (DCP) now have 11 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 42 and 35 and has a mean target at 37. With the stocks previous close at 30.93 this now indicates there is a potential upside of 19.6%. The 50 day MA is 28.22 and the 200 day moving average is 28.39. The market cap for the company is $6,337m. Visit the company website at: https://www.dcpmidstream.com
The potential market cap would be $7,580m 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 in 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 39 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.
