DCP Midstream Partners (DCP) stock price, revenue, and financials

DCP Midstream Partners market cap is $6.4 b, and annual revenue was $6.3 b in FY 2020

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-1.05(-3.41%)

$6.4 B

DCP Mkt cap, 28-Jun-2022

$2.3 B

DCP Midstream Partners Revenue Q1, 2021

DCP Midstream Partners Net income (Q1, 2021)54 M

DCP Midstream Partners EBIT (Q1, 2021)3 M

DCP Midstream Partners Cash, 31-Mar-20215 M

DCP Midstream Partners EV12.3 B

DCP Midstream Partners Revenue Breakdown

Business Segment

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DCP Midstream Partners revenue breakdown by business segment: 38.6% from Gathering and Processing and 61.4% from Logistics and Marketing

Annual

USD	FY, 2017	FY, 2018	FY, 2019	FY, 2020
Revenue	8.5b	9.8b	7.6b	6.3b
Revenue growth, %		16%	(22%)
Cost of goods sold	6.9b	8.0b	6.0b
Gross profit	1.6b	1.8b	1.6b
Gross profit Margin, %	19%	18%	21%
General and administrative expense	290.0m	276.0m	275.0m	253.0m
Operating expense total	1.4b	1.6b	1.8b	860.0m
Depreciation and amortization	389.0m	388.0m	404.0m	746.0m
EBIT	222.0m	223.0m	(150.0m)	(447.0m)
EBIT margin, %	3%	2%	(2%)	(7%)
Interest expense	289.0m	269.0m	304.0m	302.0m
Investment income	303.0m	370.0m	474.0m	447.0m
Pre tax profit	236.0m	305.0m	20.0m	(302.0m)
Income tax expense	2.0m	3.0m	(1.0m)
Net Income	234.0m	302.0m	21.0m	(302.0m)
EPS	0.4	0.6	(1.0)

Quarterly

USD	Q1, 2018	Q2, 2018	Q3, 2018	Q1, 2019	Q2, 2019	Q3, 2019	Q1, 2020	Q2, 2020	Q3, 2020	Q1, 2021
Revenue	2.1b	2.3b	2.8b	2.2b	1.8b	1.7b	1.7b	1.3b	1.6b	2.3b
Cost of goods sold	1.8b	1.9b	2.3b	1.8b	1.4b	1.3b	1.1b	974.0m	1.2b
Gross profit	370.0m	389.0m	432.0m	395.0m	442.0m	391.0m	511.0m	300.0m	368.0m
Gross profit Margin, %	17%	17%	16%	18%	25%	23%	31%	24%	23%
General and administrative expense	59.0m	70.0m	70.0m	67.0m	68.0m	66.0m	56.0m	51.0m	66.0m	38.0m
Operating expense total	317.0m	355.0m	366.0m	362.0m	366.0m	602.0m	1.1b	306.0m	308.0m	187.0m
Depreciation and amortization	94.0m	191.0m	98.0m	103.0m	101.0m	100.0m	99.0m	93.0m	92.0m	91.0m
EBIT	53.0m	34.0m	66.0m	33.0m	76.0m	(211.0m)	(546.0m)	(6.0m)	60.0m	3.0m
EBIT margin, %	2%	1%	2%	2%	4%	(12%)	(33%)	0%	4%	0%
Interest expense	67.0m	67.0m	69.0m	69.0m	73.0m	79.0m	304.0m	71.0m	77.0m
Investment income	78.0m	96.0m	104.0m	113.0m	117.0m	114.0m	76.0m	125.0m	130.0m	128.0m
Pre tax profit	64.0m	63.0m	82.0m	77.0m	120.0m	(176.0m)	(548.0m)	48.0m	113.0m	54.0m
Income tax expense	1.0m	1.0m		1.0m		1.0m	1.0m		1.0m
Net Income	63.0m	62.0m	82.0m	76.0m	120.0m	(177.0m)	(549.0m)	48.0m	112.0m	54.0m
EPS	0.1	0.1	0.2	0.1	0.4	(1.6)	(2.7)	0.2	0.5

Annual

USD	FY, 2017	FY, 2018	FY, 2019	FY, 2020
Cash	156.0m	1.0m	1.0m	52.0m
Accounts Receivable	773.0m	860.0m	726.0m	572.0m
Inventories	68.0m	79.0m	46.0m	38.0m
Current Assets	1.3b	1.3b	1.1b	1.0b
PP&E	9.0b	9.1b	8.8b	8.0b
Goodwill	231.0m	231.0m	159.0m
Total Assets	13.9b	14.3b	14.1b	13.0b
Accounts Payable	989.0m	807.0m	638.0m	536.0m
Short-term debt	71.0m	596.0m	683.0m	590.0m
Current Liabilities	1.5b	1.9b	1.8b	1.6b
Long-term debt	4.7b	4.8b	5.4b	5.3b
Total Debt	4.8b	5.4b	6.1b	5.9b
Total Liabilities	6.4b	7.0b	7.5b	7.1b
Preferred Stock	491.0m	751.0m	751.0m
Total Equity	7.4b	7.3b	6.6b	13.0b
Debt to Equity Ratio	0.6 x	0.7 x	0.9 x
Debt to Assets Ratio	0.3 x	0.4 x	0.4 x
Financial Leverage	1.9 x	2 x	2.1 x	1 x

Quarterly

USD	Q1, 2018	Q2, 2018	Q3, 2018	Q1, 2019	Q2, 2019	Q3, 2019	Q1, 2020	Q2, 2020	Q3, 2020	Q1, 2021
Cash	2.0m	4.0m	1.0m	1.0m	1.0m	2.0m	18.0m	12.0m	14.0m	5.0m
Accounts Receivable	666.0m	824.0m	989.0m	732.0m	511.0m	686.0m	485.0m	488.0m	528.0m	725.0m
Inventories	51.0m	47.0m	77.0m	52.0m	46.0m	55.0m	26.0m	28.0m	28.0m	30.0m
Current Assets	1.0b	1.3b	1.5b	1.1b	823.0m	1.1b	958.0m	802.0m	866.0m	1.2b
PP&E	9.0b	9.1b	9.2b	9.1b	9.1b	8.9b	8.2b	8.1b	8.0b	7.9b
Goodwill	231.0m	231.0m	231.0m	194.0m	194.0m	159.0m
Total Assets	13.7b	14.0b	14.5b	14.2b	14.0b	14.0b	13.2b	12.9b	12.9b	13.1b
Accounts Payable	824.0m	968.0m	1.2b	786.0m	531.0m	578.0m	329.0m	360.0m	394.0m	669.0m
Short-term debt	503.0m	396.0m	593.0m	1.2b	881.0m	669.0m	70.0m	74.0m	577.0m	598.0m
Current Liabilities	1.7b	1.9b	2.3b	2.4b	1.8b	1.7b	966.0m	812.0m	1.4b	1.7b
Long-term debt	4.4b	4.5b	4.6b	4.3b	4.8b	5.2b	6.0b	6.0b	5.3b	5.3b
Total Debt	4.9b	4.9b	5.2b	5.5b	5.7b	5.9b	6.1b	6.0b	5.9b	5.9b
Total Liabilities	6.4b	6.7b	7.2b	7.0b	6.9b	7.2b	7.3b	7.1b	7.0b	7.3b
Preferred Stock	500.0k	645.0m	654.0m	760.0m	752.0m	761.0m	760.0m	752.0m	761.0m
Total Equity	7.3b	7.4b	7.3b	7.2b	7.2b	6.8b	5.9b	5.9b	5.9b	13.1b
Debt to Equity Ratio	0.7 x	0.7 x	0.7 x	0.8 x	0.8 x	0.9 x	1 x	1 x	1 x
Debt to Assets Ratio	0.4 x	0.3 x	0.4 x	0.4 x	0.4 x	0.4 x	0.5 x	0.5 x	0.5 x
Financial Leverage	1.9 x	1.9 x	2 x	2 x	2 x	2.1 x	2.2 x	2.2 x	2.2 x	1 x

Annual

USD	FY, 2017	FY, 2018	FY, 2019	FY, 2020
Net Income	234.0m	302.0m	21.0m	(302.0m)
Depreciation and Amortization	379.0m	388.0m	404.0m	382.0m
Accounts Receivable	(194.0m)	(55.0m)	170.0m	(62.0m)
Inventories	4.0m	(11.0m)	9.0m	(3.0m)
Accounts Payable	328.0m	(168.0m)	(133.0m)	(47.0m)
Cash From Operating Activities	896.0m	662.0m	859.0m	1.1b
Purchases of PP&E				(160.0m)
Capital Expenditures	(375.0m)	(595.0m)	(519.0m)
Cash From Investing Activities	(391.0m)	(945.0m)	(760.0m)	(259.0m)
Long-term Borrowings	(811.0m)	(4.6b)	(5.4b)	(1.0m)
Dividends Paid	(545.0m)	658.0m	(618.0m)	(5.0m)
Cash From Financing Activities	(350.0m)	128.0m	(99.0m)	(785.0m)
Net Change in Cash	155.0m	(155.0m)		55.0m
Interest Paid	290.0m	259.0m	258.0m	283.0m
Income Taxes Paid	2.0m	3.0m	3.0m	3.0m
Free Cash Flow	521.0m	67.0m	340.0m

Quarterly

USD	Q1, 2018	Q2, 2018	Q3, 2018	Q1, 2019	Q2, 2019	Q3, 2019	Q1, 2020	Q2, 2020	Q3, 2020	Q1, 2021
Net Income	63.0m	125.0m	207.0m	76.0m	196.0m	19.0m	(549.0m)	(501.0m)	(389.0m)	53.0m
Depreciation and Amortization	94.0m	191.0m	289.0m	103.0m	204.0m	304.0m	99.0m	192.0m	284.0m	91.0m
Accounts Receivable	161.0m	(50.0m)	(256.0m)	118.0m	373.0m	201.0m	282.0m	262.0m	185.0m	245.0m
Inventories	17.0m	21.0m	(9.0m)	14.0m	19.0m	10.0m	16.0m	13.0m	13.0m	(8.0m)
Accounts Payable	(151.0m)	42.0m	255.0m	29.0m	(248.0m)	(181.0m)	(310.0m)	(287.0m)	(230.0m)	170.0m
Cash From Operating Activities	122.0m	331.0m	541.0m	317.0m	546.0m	637.0m	314.0m	523.0m	791.0m	(4.0m)
Purchases of PP&E										(14.0m)
Capital Expenditures	(124.0m)	(268.0m)	(428.0m)	(182.0m)	(308.0m)	(414.0m)	(69.0m)	(102.0m)	(125.0m)
Cash From Investing Activities	(181.0m)	(391.0m)	(690.0m)	(210.0m)	(446.0m)	(585.0m)	(103.0m)	(192.0m)	(225.0m)	(14.0m)
Long-term Borrowings	(535.0m)	(1.7b)	(3.2b)	(1.3b)	(3.2b)	(4.2b)	(2.2b)	(3.4b)	(4.1b)
Dividends Paid	(194.0m)	(349.0m)	(503.0m)	(154.0m)	(309.0m)	(463.0m)	(162.0m)	(243.0m)	(325.0m)	(1.0m)
Cash From Financing Activities	(95.0m)	(92.0m)	(6.0m)	(107.0m)	(100.0m)	(51.0m)	(171.0m)	(305.0m)	(550.0m)	(30.0m)
Net Change in Cash	(154.0m)	(152.0m)	(155.0m)			1.0m	40.0m	26.0m	16.0m	(48.0m)
Interest Paid	84.0m	129.0m	192.0m	6.0m	115.0m	204.0m	88.0m	149.0m	222.0m	89.0m
Income Taxes Paid		3.0m	3.0m		3.0m	3.0m			2.0m
Free Cash Flow	(2.0m)	63.0m	113.0m	135.0m	238.0m	223.0m	245.0m	421.0m	666.0m

USD	FY, 2017
Revenue/Employee	3.2m
Debt/Equity	0.6 x
Debt/Assets	0.3 x
Financial Leverage	1.9 x

	FY, 2017	FY, 2018	FY, 2019
Pipelines (Logistics and Marketing), miles	4.5 k	4.6 k	5.65 k
Fractionators (Logistics and Marketing)	2	2	2
Natural Gas Liquids Throughput Capacity (Logistics and Marketing), MBbl/d	722	830	860
Gas Throughput Capacity (Logistics and Marketing), Bcf/d			0.7
Pipeline Throughput (Logistics and Marketing), MBbl/d	460	582	626
Pipeline Throughput (Logistics and Marketing), TBtu/d			0.4
Fractionator Throughput (Logistics and Marketing), MBbl/d	48	58	60
Natural Gas Liquids Storage Capacity (Logistics and Marketing), MBbls	8 k	8 k
Natural Gas Storage Capacity (Logistics and Marketing), Bcf	12	12
Plants (Gathering and Processing)	61	49	44
Plants (Gathering and Processing, North)	13	13	13
Plants (Gathering and Processing, Permian)	16	11	11
Plants (Gathering and Processing, Midcontinent)	12	12	8
Plants (Gathering and Processing, South)	20	13	12
Gathering and Transmission Systems (Gathering and Processing), miles	57 k	57 k	51 k
Gathering and Transmission Systems (Gathering and Processing, North), miles	4 k	4 k	4 k
Gathering and Transmission Systems (Gathering and Processing, Permian), miles	16.5 k	16.5 k	15.5 k
Gathering and Transmission Systems (Gathering and Processing, Midcontinent), miles	29 k	29 k	24.5 k
Gathering and Transmission Systems (Gathering and Processing, South), miles	7.5 k	7.5 k	7 k
Plant Capacity (Gathering and Processing), MMcf/d	7.78 k	6.73 k	6.49 k
Plant Capacity (Gathering and Processing, North), MMcf/d	1.26 k	1.39 k	1.58 k
Plant Capacity (Gathering and Processing, Permian), MMcf/d	1.46 k	1.26 k	1.26 k
Plant Capacity (Gathering and Processing, Midcontinent), MMcf/d	1.77 k	1.77 k	1.42 k
Plant Capacity (Gathering and Processing, South), MMcf/d	3.3 k	2.32 k	2.24 k
Natural Gas Wellhead Volume (Gathering and Processing), MMcf/d	4.53 k	4.77 k	4.94 k
Natural Gas Wellhead Volume (Gathering and Processing, North), MMcf/d	1.12 k	1.25 k	1.45 k
Natural Gas Wellhead Volume (Gathering and Processing, Permian), MMcf/d	941	901	974
Natural Gas Wellhead Volume (Gathering and Processing, Midcontinent), MMcf/d	1.23 k	1.3 k	1.12 k
Natural Gas Wellhead Volume (Gathering and Processing, South), MMcf/d	1.24 k	1.31 k	1.4 k
Natural Gas Liquids Production (Gathering and Processing), MBbls/d	375	413	417
Natural Gas Liquids Production (Gathering and Processing, North), MBbls/d	86	94	106
Natural Gas Liquids Production (Gathering and Processing, Permian), MBbls/d	103	107	109
Natural Gas Liquids Production (Gathering and Processing, Midcontinent), MBbls/d	94	109	100
Natural Gas Liquids Production (Gathering and Processing, South), MBbls/d	92	103	102