DCP Midstream Partners (DPM) Tops Q1 EPS by 6c

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DCP Midstream Partners Reports First Quarter 2015 Results

May 6, 2015 4:30 PM EDT

Reported first quarter Adjusted EBITDA of $162 million and Distributable Cash Flow of $140 million Declared quarterly distribution of $0.78 per quarter; expected fiscal year 2015 distribution of $3.12 per unit Discovery's Keathley Canyon fee-based deepwater gathering pipeline system now in service and quickly ramping up Commenced construction on fee-based Grand Parkway gathering project in DJ basin Panola fee-based NGL pipeline expansion in East Texas is underway

DENVER, May 6, 2015 (GLOBE NEWSWIRE) -- DCP Midstream Partners, LP (NYSE: DPM),... More

DCP Midstream Partners Reports First Quarter 2015 Results

May 6, 2015 4:30 PM EDT

Reported first quarter Adjusted EBITDA of $162 million and Distributable Cash Flow of $140 million Declared quarterly distribution of $0.78 per quarter; expected fiscal year 2015 distribution of $3.12 per unit Discovery's Keathley Canyon fee-based deepwater gathering pipeline system now in service and quickly ramping up Commenced construction on fee-based Grand Parkway gathering project in DJ basin Panola fee-based NGL pipeline expansion in East Texas is underway

DENVER, May 6, 2015 (GLOBE NEWSWIRE) -- DCP Midstream Partners, LP (NYSE: DPM),... More