Complete financial analysis of DCP Midstream, LP (DCP) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of DCP Midstream, LP, a leading company in the Oil & Gas Midstream industry within the Energy sector.
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DCP Midstream, LP (DCP)
About DCP Midstream, LP
DCP Midstream, LP, together with its subsidiaries, owns, operates, acquires, and develops a portfolio of midstream energy assets in the United States. The company operates through Logistics and Marketing, and Gathering and Processing. 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 35 natural gas processing plants. It serves petrochemical and refining companies, and retail propane distributors. The company was formerly known as DCP Midstream Partners, LP and changed its name to DCP Midstream, LP in January 2017.DCP Midstream, LP was incorporated in 2005 and is headquartered in Denver, Colorado.
Metric | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 14.99B | 10.71B | 6.30B | 7.63B | 9.82B | 8.46B | 1.52B | 1.81B | 3.49B | 2.96B | 1.65B | 1.57B | 1.27B | 942.40M | 1.29B | 877.80M | 795.70M | 785.20M | 509.50M | 765.70M | 553.30M | 347.90M |
Cost of Revenue | 13.25B | 9.63B | 5.12B | 6.43B | 8.41B | 7.26B | 1.07B | 1.37B | 2.91B | 2.47B | 1.36B | 1.34B | 1.11B | 845.90M | 1.06B | 858.80M | 724.10M | 709.30M | 452.60M | 706.10M | 0.00 | 304.10M |
Gross Profit | 1.74B | 1.08B | 1.18B | 1.20B | 1.42B | 1.20B | 449.00M | 447.00M | 583.00M | 489.00M | 286.00M | 234.60M | 157.10M | 96.50M | 227.70M | 19.00M | 71.60M | 75.90M | 56.90M | 59.60M | 553.30M | 43.80M |
Gross Profit Ratio | 11.63% | 10.07% | 18.77% | 15.72% | 14.41% | 14.16% | 29.60% | 24.66% | 16.71% | 16.50% | 17.32% | 14.94% | 12.37% | 10.24% | 17.67% | 2.16% | 9.00% | 9.67% | 11.17% | 7.78% | 100.00% | 12.59% |
Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
General & Administrative | 286.00M | 223.00M | 253.00M | 275.00M | 276.00M | 290.00M | 88.00M | 85.00M | 64.00M | 62.00M | 45.80M | 17.90K | 14.30K | 11.90K | 12.40K | 14.10M | 12.90M | 4.00M | 0.00 | 0.00 | 0.00 | 5.60M |
Selling & Marketing | 203.00M | -618.00M | 156.00K | -13.00K | -41.00K | -40.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
SG&A | 286.00M | 223.00M | 253.00M | 275.00M | 276.00M | 290.00M | 88.00M | 85.00M | 64.00M | 62.00M | 45.80M | 17.90K | 14.30K | 11.90K | 12.40K | 14.10M | 12.90M | 4.00M | 0.00 | 0.00 | 0.00 | 5.60M |
Other Expenses | 726.00M | 654.00M | 622.00M | 736.00M | 771.00M | 672.00M | 190.00M | 218.00M | 219.00M | 219.00M | 122.70M | 117.80M | 94.30M | 97.20M | 105.10M | -15.00M | 33.70M | 38.00M | 32.70M | 15.50M | 39.40M | 11.30M |
Operating Expenses | 1.01B | 877.00M | 875.00M | 1.01B | 1.05B | 962.00M | 278.00M | 303.00M | 283.00M | 281.00M | 168.50M | 117.80M | 94.30M | 97.20M | 105.10M | -15.00M | 33.70M | 38.00M | 32.70M | 15.50M | 39.40M | 16.90M |
Cost & Expenses | 14.26B | 10.51B | 5.99B | 7.44B | 9.45B | 8.23B | 1.35B | 1.67B | 3.19B | 2.76B | 1.53B | 1.45B | 1.21B | 943.10M | 1.17B | 843.80M | 757.80M | 747.30M | 485.30M | 721.60M | 39.40M | 321.00M |
Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 300.00K | 5.60K | 5.30M | 6.30M | 500.00K | 0.00 | 0.00 | 0.00 | 0.00 |
Interest Expense | 278.00M | 299.00M | 302.00M | 304.00M | 269.00M | 289.00M | 94.00M | 92.00M | 86.00M | 52.00M | 42.20M | 33.90M | 29.10M | 28.30M | -32.80K | -25.80M | -11.50M | -800.00K | 0.00 | 0.00 | 0.00 | 0.00 |
Depreciation & Amortization | 360.00M | 364.00M | 376.00M | 404.00M | 388.00M | 379.00M | 122.00M | 120.00M | 110.00M | 93.00M | 63.40M | 81.00M | 73.70M | 64.90M | 36.50M | 24.40M | 12.80M | 11.70M | 17.00M | 15.50M | 500.00K | 11.30M |
EBITDA | 1.35B | 736.00M | 755.00M | 662.00M | 424.00K | 326.00K | 346.00K | 256.00K | 625.00M | 334.00M | 195.20K | 215.90M | 151.10M | 74.70M | 162.30M | 8.70M | 45.80M | 49.70M | 37.40M | 43.00M | 15.10M | 26.30M |
EBITDA Ratio | 9.01% | 6.87% | 11.98% | 8.68% | 9.75% | 10.62% | 34.81% | 23.99% | 17.92% | 11.27% | 16.63% | 13.75% | 11.90% | 7.93% | 12.59% | 0.99% | 5.76% | 6.33% | 7.34% | 5.62% | 2.73% | 7.56% |
Operating Income | 991.00M | 372.00M | 379.00M | 258.00M | 223.00M | 222.00M | 198.00M | 147.00M | 454.00M | 225.00M | 187.30M | 116.80M | 62.80M | -700.00K | 122.60M | 34.00M | 37.90M | 37.90M | 24.20M | 16.30M | 14.60M | 13.60M |
Operating Income Ratio | 6.61% | 3.47% | 6.01% | 3.38% | 2.27% | 2.62% | 13.05% | 8.11% | 13.02% | 7.59% | 11.35% | 7.44% | 4.95% | -0.07% | 9.51% | 3.87% | 4.76% | 4.83% | 4.75% | 2.13% | 2.64% | 3.91% |
Total Other Income/Expenses | 342.00M | 236.00M | -301.55M | 20.15M | 82.00M | 14.00M | 120.00M | 81.00M | -11.00M | -19.00M | -13.30M | 3.00M | -5.30M | -9.50M | 3.20M | 18.30M | -4.90M | -71.20M | 0.00 | 11.20M | 500.00K | 0.00 |
Income Before Tax | 1.06B | 401.00M | -302.00M | 20.00M | 305.00M | 236.00M | 318.00M | 228.00M | 443.00M | 206.00M | 174.00M | 119.80M | 57.50M | -10.20M | 125.80M | -15.70M | 33.00M | -33.30M | 0.00 | 27.50M | 15.10M | 0.00 |
Income Before Tax Ratio | 7.05% | 3.75% | -4.79% | 0.26% | 3.11% | 2.79% | 20.96% | 12.58% | 12.70% | 6.95% | 10.54% | 7.63% | 4.53% | -1.08% | 9.76% | -1.79% | 4.15% | -4.24% | 0.00% | 3.59% | 2.73% | 0.00% |
Income Tax Expense | 1.00M | 6.00M | 377.00M | -1.00M | 3.00M | 2.00M | 130.00K | -5.00M | 6.00M | 8.00M | 1.00M | 600.00K | 300.00K | 600.00K | 100.00K | 100.00K | 30.70M | -300.00K | 0.00 | 3.60M | 1.10M | 0.00 |
Net Income | 1.05B | 391.00M | -679.00M | 17.00M | 298.00M | 229.00M | 312.00M | 228.00M | 423.00M | 181.00M | 168.00M | 100.40M | 48.00M | -19.10M | 125.70M | -15.80M | 33.00M | 38.00M | 20.40M | 23.90M | 14.00M | 15.00M |
Net Income Ratio | 7.02% | 3.65% | -10.77% | 0.22% | 3.03% | 2.71% | 20.57% | 12.58% | 12.13% | 6.11% | 10.18% | 6.40% | 3.78% | -2.03% | 9.75% | -1.80% | 4.15% | 4.84% | 4.00% | 3.12% | 2.53% | 4.31% |
EPS | 5.05 | 1.59 | -3.26 | -1.05 | 2.08 | 1.60 | 2.72 | 1.99 | 3.97 | 2.31 | 3.08 | 2.31 | 1.33 | -0.61 | 4.59 | -0.77 | 1.89 | 2.17 | 1.17 | 1.37 | 0.80 | 0.86 |
EPS Diluted | 5.05 | 1.59 | -3.26 | -1.05 | 2.08 | 1.60 | 2.72 | 1.99 | 3.97 | 2.31 | 3.08 | 2.30 | 1.33 | -0.61 | 4.59 | -0.77 | 1.89 | 2.17 | 1.17 | 1.37 | 0.80 | 0.86 |
Weighted Avg Shares Out | 208.40M | 208.40M | 208.30M | 153.10M | 143.30M | 143.30M | 114.70M | 114.60M | 106.60M | 78.40M | 54.50M | 43.50M | 36.10M | 31.20M | 27.40M | 20.50M | 17.50M | 17.50M | 17.50M | 17.50M | 17.50M | 17.50M |
Weighted Avg Shares Out (Dil) | 208.50M | 208.60M | 208.30M | 153.10M | 143.30M | 143.30M | 114.70M | 114.60M | 106.60M | 78.40M | 54.50M | 43.60M | 36.10M | 31.20M | 27.40M | 20.50M | 17.50M | 17.50M | 17.50M | 17.50M | 17.50M | 17.50M |
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