Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services. The company’s recent deal could give it the fuel to start growing its dividend again. The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it vintage fx in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%. An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s.
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- Investors will be hoping for strength from DCP Midstream Partners, LP as it approaches its next earnings release.
- The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.
- The Barchart Technical Opinion rating is a 40% Buy with a Weakening short term outlook on maintaining the current direction.
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. For example, a price above its moving average is generally considered an upward trend or a buy. You’ve probably heard of Texas-based energy behemoth Phillips 66, but you might not be familiar with DCP Midstream.
On the date of publication, David Moadel did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines. Upgrade to MarketBeat All Access to add more stocks to your watchlist. 125 employees have rated DCP Midstream Chief Executive Officer Wouter van Kempen on Glassdoor.com.
Banking services and bank accounts are offered by Jiko Bank, a division of Mid-Central National Bank, Member FDIC. 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. Digging into valuation, DCP Midstream Partners, LP currently has a Forward P/E ratio of 9.32. This represents a discount compared to its industry’s average Forward P/E of 14.73. 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.
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- The Gathering and Processing segment refers to the gathering, compressing, treating, and processing of natural gas, producing and fractionating NGLs and recovering condensate.
- DCP Midstream Partners, LP is currently a Zacks Rank #3 (Hold).
- 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.
Moreover, it will help Phillips 66 delve deeper into the NGL industry. Perhaps this explains why Phillips 66 sweetened its bid for DCP Midstream. This previous offer for DCP Midstream was $34.75 per share, but now Phillips 66 is preparing to pay $41.75 per share, or $3.8 billion in total, for all of DCP’s public units. Product offerings and availability vary based on jurisdiction. When you see DCP stock appear in the results, tap it to open up the purchase screen.
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.
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 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. 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. The deal with DCP Midstream is anticipated to generate an incremental $1 billion worth of adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) for Phillips 66.
What is the 52-week high for DCP stock?
DCP Midstream is expected to release next earnings on -, with an earnings per share (EPS) estimate of $0. DCP Midstream Partners, LP (DCP) closed at $41.66 in the latest trading session, marking a +0.1% move from the prior day. In the latest trading session, DCP Midstream Partners, LP (DCP) closed at $41.71, marking a +0.26% move from the previous day.
In the latest trading session, DCP Midstream Partners, LP (DCP) closed at $41.69, marking a -0.14% move from the previous day. This change was narrower than the S&P 500’s 0.7% loss on the day. Elsewhere, the Dow lost 0.87%, while the tech-heavy responsive web design Nasdaq added 2.77%. © 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed.
Wouter van Kempen has an approval rating of 71% among the company’s employees.
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.
JSI and Jiko Bank are not affiliated with Public Holdings, Inc. (“Public”) or any of its subsidiaries. None of these entities provide legal, tax, or accounting advice. 5 Wall Street equities research analysts have issued “buy,” “hold,” and “sell” ratings for DCP Midstream in the last year.
The consensus among Wall Street equities research 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. Please see Open to the Public Investing’s Fee Schedule to learn more.