DCP earnings

DENVER, Aug. 02, 2022 (GLOBE NEWSWIRE) -- Today, DCP Midstream, LP (NYSE:DCP) reported its financial results for the three and six months ended June 30, 2022. HIGHLIGHTS For the respective three and six months ended June 30, 2022, DCP had net income attributable to partners of $383 million and $463 million, net cash provided by operating activities of $385 million and $574 million, adjusted EBITDA of $477 million and $913 million, and distributable cash flow of $369 million and $706 million.Generated $254 million and $501 million of excess free cash flow for the three and six months ended June 30, 2022, respectively, after fully funding distributions and growth capital.Record financial p

DENVER, July 20, 2022 (GLOBE NEWSWIRE) -- DCP Midstream, LP (NYSE:DCP) has changed the time of the conference call to discuss its second quarter 2022 earnings due to a scheduling conflict. The conference call will now be held at 12:00 p.m. ET on Wednesday, August 3, 2022. As previously announced, the corresponding earnings release will be issued after the New York Stock Exchange closes for trading on Tuesday, August 2, 2022. The live audio webcast, along with accompanying presentation slides, will be available on the Investors section of the DCP website at www.dcpmidstream.com. If participants would prefer to join by phone or would like to take part in the question and answer portion of t

DENVER, July 13, 2022 (GLOBE NEWSWIRE) -- DCP Midstream, LP (NYSE:DCP) announced that its second quarter 2022 earnings will be reported after the New York Stock Exchange closes for trading on Tuesday, August 2, 2022, and a conference call to discuss second quarter earnings will be hosted at 10:00 a.m. ET on Wednesday, August 3, 2022. The live audio webcast, along with accompanying presentation slides, will be available on the Investors section of the DCP website at www.dcpmidstream.com. If participants would prefer to join by phone or would like to take part in the question and answer session, they should pre-register here to receive dial-in credentials. To avoid delays, we encourage pa

DENVER, May 04, 2022 (GLOBE NEWSWIRE) -- Today, DCP Midstream, LP (NYSE:DCP) reported its financial results for the three months ended March 31, 2022. HIGHLIGHTS For the three months ended March 31, 2022, DCP had net income attributable to partners of $80 million, net cash provided by operating activities of $189 million, adjusted EBITDA of $436 million, and distributable cash flow of $337 million.Generated $247 million of excess free cash flow for the three months ended March 31, 2022, after fully funding distributions and growth capital.Record financial performance with increases in adjusted EBITDA of 32%, distributable cash flow of 54%, and excess free cash flow of 102% quarter over q

DENVER, April 14, 2022 (GLOBE NEWSWIRE) -- DCP Midstream, LP (NYSE:DCP) announced that its first quarter 2022 earnings will be reported after the New York Stock Exchange closes for trading on Wednesday, May 4, 2022, and a conference call to discuss first quarter earnings will be hosted at 10:00 a.m. ET on Thursday, May 5, 2022. The live audio webcast of the conference call and accompanying presentation slides will be accessible through the Investors section on the DCP website at www.dcpmidstream.com, and the conference call can be accessed by dialing (844) 233-0113 in the United States or (574) 990-1008 outside the United States. The conference ID number is 6996372. A replay of the confe

DENVER, Feb. 09, 2022 (GLOBE NEWSWIRE) -- Today, DCP Midstream, LP (NYSE:DCP) reported its financial results for the quarter and year ended December 31, 2021. HIGHLIGHTS For the quarter and year ended December 31, 2021, DCP had net income attributable to partners of $315 million and $391 million, net cash provided by operating activities of $391 million and $646 million, adjusted EBITDA of $330 million and $1,291 million, and distributable cash flow of $219 million and $869 million.Generated $122 million and $500 million of excess free cash flow for the quarter and year ended December 31, 2021, after fully funding distributions and growth capital.Fourth quarter earnings benefited

DENVER, Jan. 17, 2022 (GLOBE NEWSWIRE) -- DCP Midstream, LP (NYSE:DCP) announced that its fourth quarter 2021 earnings will be reported after the New York Stock Exchange closes for trading on Wednesday, February 9, 2022, and a conference call to discuss fourth quarter and full year 2021 earnings and 2022 guidance will be hosted at 10:00 a.m. ET on Thursday, February 10, 2022. The live audio webcast of the conference call and accompanying presentation slides will be accessible through the Investors section on the DCP website at www.dcpmidstream.com, and the conference call can be accessed by dialing (844) 233-0113 in the United States or (574) 990-1008 outside the United States. The conf

DENVER, Nov. 02, 2021 (GLOBE NEWSWIRE) -- Today, DCP Midstream, LP (NYSE:DCP) reported its financial results for the three and nine months ended September 30, 2021. HIGHLIGHTS For the respective three and nine months ended September 30, 2021, DCP had net income attributable to partners of $54 million and $76 million, net cash provided by operating activities of $187 million and $255 million, adjusted EBITDA of $353 million and $961 million, and distributable cash flow of $250 million and $650 million.Third quarter adjusted EBITDA and DCF increased by 6% and 11%, respectively, from the second quarter 2021.Generated $157 million of excess free cash flow for the three months ended September

DENVER, Oct. 12, 2021 (GLOBE NEWSWIRE) -- DCP Midstream, LP (NYSE:DCP) today announced common and preferred unit distributions for third quarter 2021. Further, DCP announced that its third quarter 2021 earnings will be reported after the New York Stock Exchange closes for trading on Tuesday, November 2, 2021, and a conference call to discuss quarterly earnings will be hosted at 10:00 a.m. ET on Wednesday, November 3, 2021. Third Quarter Distribution Declaration The board of directors of DCP's general partner declared a third quarter 2021 Common Unit distribution of $0.39 per unit, or $1.56 per unit on an annualized basis. This quarterly Common Unit cash distribution will be paid November

DENVER, Aug. 04, 2021 (GLOBE NEWSWIRE) -- Today, DCP Midstream, LP (NYSE:DCP) reported its financial results for the three and six months ended June 30, 2021. HIGHLIGHTS For the respective three and six months ended June 30, 2021, DCP had net (loss) income attributable to partners of $(31) million and $22 million, net cash provided by operating activities of $72 million and $68 million, adjusted EBITDA of $333 million and $608 million, and distributable cash flow of $225 million and $400 million.Second quarter adjusted EBITDA and DCF increased by 21% and 29% from first quarter 2021.Generated $132 million of excess free cash flow for the three months ended June 30, 2021 and $221 million f