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Dcp Midstream LP (DCP)

Dcp Midstream LP (DCP)
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DCP Midstream, LP is a leading energy infrastructure firm. DCP Midstream is a master limited partnership (MLP). It's a 50/50 joint venture between the Canadian midstream company Enbridge and U.S. refining and marketing company, Phillips 66. DCP Midstream's unparallel access to fractionators provides intricate connectivity to clients. It has footprint in major shale plays of the U.S., including the Permian Basin, Eagle Ford, DJ Basin and SCOOP. The partnership reports in two business segments: Logistics and Marketing (L&M), and Gathering and Processing (G&P). Through L&M segment, the partnership transports, trades, stores, and markets natural gas and NGLs. It provides natural gas and NGLs takeaway options to premier markets with high demand. Also, this unit offers storage and fractionation services to customers. G&P segment incorporates gathering, compression, treatment, processing and other operations. Also, production and fractionation of NGLs, as well as recovering condensate are parts of their operations.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2022 Dec, 2021 Dec, 2020 Dec, 2019 Dec, 2018
Sales 14,993,000 10,707,000 6,302,000 7,625,000 9,822,000
Sales Growth +40.03% +69.90% -17.35% -22.37% +16.07%
Net Income 1,052,000 391,000 -306,000 17,000 298,000
Net Income Growth +169.05% +227.78% -1,900.00% -94.30% +30.13%
(Values in U.S. Thousands) Dec, 2022 Dec, 2021 Dec, 2020 Dec, 2019 Dec, 2018
Total Assets 13,334,000 13,380,000 12,957,000 14,127,000 14,266,000
Total Assets Growth -0.34% +3.26% -8.28% -0.97% +2.80%
Total Liabilities 7,298,000 7,504,000 7,096,000 7,494,000 6,969,000
Total Liabilities Growth -2.75% +5.75% -5.31% +7.53% +8.21%
(Values in U.S. Thousands) Dec, 2022 Dec, 2021 Dec, 2020 Dec, 2019 Dec, 2018
Operating Cash Flow 1,882,000 646,000 1,099,000 859,000 662,000
Operating Cash Flow Growth +191.33% -41.22% +27.94% +29.76% -26.12%
Net Cash Flow 4,000 -55,000 55,000 0 -155,000
Change in Net Cash Flow +107.27% -200.00% unch +100.00% -200.00%
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