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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) Mar, 2023 Dec, 2022 Sep, 2022 Jun, 2022 Mar, 2022
Sales 2,726,000 3,030,000 4,319,000 4,269,000 3,375,000
Sales Growth -10.03% -29.84% +1.17% +26.49% -2.93%
Net Income 211,000 261,000 328,000 383,000 80,000
Net Income Growth -19.16% -20.43% -14.36% +378.75% -74.60%
(Values in U.S. Thousands) Mar, 2023 Dec, 2022 Sep, 2022 Jun, 2022 Mar, 2022
Total Assets 12,884,000 13,334,000 13,882,000 14,064,000 13,751,000
Total Assets Growth -3.37% -3.95% -1.29% +2.28% +2.77%
Total Liabilities 6,736,000 7,298,000 7,496,000 7,914,000 7,880,000
Total Liabilities Growth -7.70% -2.64% -5.28% +0.43% +5.01%
(Values in U.S. Thousands) Mar, 2023 Dec, 2022 Sep, 2022 Jun, 2022 Mar, 2022
Operating Cash Flow 135,000 1,882,000 1,275,000 574,000 189,000
Operating Cash Flow Growth -92.83% +47.61% +122.13% +203.70% -70.74%
Net Cash Flow -1,000 4,000 92,000 7,000 0
Change in Net Cash Flow -125.00% -95.65% +1,214.29% unch +100.00%
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