DCP Midstream Partners (DPM) Tops Q2 EPS by 10c

Go back to DCP Midstream Partners (DPM) Tops Q2 EPS by 10c

DCP Midstream Partners Reports Strong Second Quarter 2015 Results

August 5, 2015 4:02 PM EDT

Reported Adjusted EBITDA of $150 million, up 36 percent from the second quarter of 2014 Generated Distributable Cash Flow of $141 million, up 52 percent from the second quarter of 2014, resulting in a distribution coverage ratio of 1.17 times in the second quarter of 2015 Declared quarterly distribution of $0.78 per unit, or $3.12 per unit annualized Completed and placed the 200MMcf/d Lucerne 2 Plant in the DJ Basin into service

DENVER, Aug. 5, 2015 (GLOBE NEWSWIRE) -- DCP Midstream Partners, LP (NYSE: DPM), or the Partnership, today reported financial results for the three and six months ended June 30, 2015.

SECOND QUARTER 2015 SUMMARY RESULTS    ... More