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DCP Midstream Stock Forecast, Price & News NYSE:DCP

Unique to Barchart.com, Opinions analyzes a stock or commodity using 13 popular analytics in short-, medium- and long-term periods. Results are interpreted as buy, sell or hold signals, each with numeric ratings and summarized with an overall percentage buy or sell rating. After each calculation the program assigns a Buy, Sell, or Hold value with the study, depending on where the price lies in reference to the common interpretation of the study.

On average, they anticipate the company’s share price to reach $42.00 in the next twelve months. This suggests a possible upside of 0.7% from the stock’s current price. View analysts price targets for DCP or view top-rated stocks among Wall Street analysts. 5 Wall Street analysts have issued “buy,” “hold,” and “sell” ratings for DCP Midstream in the last year. The consensus among Wall Street analysts is that investors should “hold” DCP shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DCP, but not buy additional shares or sell existing shares.

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DCP Latest News Stream

Elsewhere, the Dow lost 0.87%, while the tech-heavy Nasdaq added 2.77%. DCP Midstream declared a quarterly dividend on Wednesday, April 19th. Stockholders of record on Monday, May 1st will be given a dividend of $0.43 per share on Monday, May 15th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 4.13%. DCP Midstream (DCP) reported Q earnings per share (EPS) of $0.40, missing estimates of $0.81 by 50.12%. In the same quarter last year, DCP Midstream’s earnings per share (EPS) was $1.77.

  • All investments involve the risk of loss and the past performance of a security or a financial product does not guarantee future results or returns.
  • Wouter van Kempen has an approval rating of 71% among the company’s employees.
  • The Barchart Technical Opinion rating is a 40% Buy with a Weakening short term outlook on maintaining the current direction.
  • The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season.

Zacks Earnings ESP (Expected Surprise Prediction) looks to find companies that have recently seen positive earnings estimate revision activity. The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season. The scores are based on the trading styles of Value, Growth, and Momentum. There’s also a VGM Score (‘V’ for Value, ‘G’ for Growth and ‘M’ for Momentum), which combines the weighted average of the individual style scores into one score. Below are the latest news stories about DCP MIDSTREAM LP that investors may wish to consider to help them evaluate DCP as an investment opportunity.

DCP Stock – Frequently Asked Questions

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, such as 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.

Wouter van Kempen has an approval rating of 71% among the company’s employees. The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank. As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

Banking services and bank accounts are offered by Jiko Bank, a division of Mid-Central National Bank, Member FDIC. Data are provided ‘as is’ for informational purposes only and are not intended for trading purposes. Data may be intentionally delayed pursuant to supplier requirements. DCP Midstream Partners, LP (DCP) closed the most recent trading day at $41.69, moving -0.14% from the previous trading session. DCP Midstream Partners, LP (DCP) closed the most recent trading day at $41.61, moving -0.19% from the previous trading session. Click the link below and we’ll send you MarketBeat’s list of ten stocks that will drive in any economic environment.

Coming into today, shares of the company had gained 0.14% in the past month. In that same time, the Oils-Energy sector lost 8.43%, while the S&P 500 lost 5.06%. In the latest trading session, DCP Midstream Partners, LP (DCP) closed at $41.69, marking a -0.14% move from the previous day.

How to buy DCP stock on Public

An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better will disney stock split in 2022 average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s.

Why Is DCP Midstream Partners, LP (DCP) Up 0.3% Since Last Earnings Report?

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 based in Denver, Colorado. 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. DCP Midstream, LP was incorporated in 2005 and is headquartered in Denver, Colorado.

DCP Related stocks

The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which what is the us dollar index no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. All investments involve the risk of loss and the past performance of a security or a financial product does not guarantee future results or returns.

The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 6.54% lower.

These returns cover a period from January 1, 1988 through September 4, 2023. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks what makes a good trader Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return.

Highlights important summary options statistics to provide a forward looking indication of investors’ sentiment. Provides a general description of the business conducted by this company. The Barchart Technical Opinion rating is a 40% Buy with a Weakening short term outlook on maintaining the current direction. Digging into valuation, DCP Midstream Partners, LP currently has a Forward P/E ratio of 9.32.

For more information on risks and conflicts of interest, see these disclosures. No offer to buy securities can be accepted, and no part of the purchase price can be received, until an offering statement filed with the SEC has been qualified by the SEC. An indication of interest to purchase securities involves no obligation or commitment of any kind. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.17% per year.

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