DCP Midstream Reports Fourth Quarter Results and Announces 2020 Guidance
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/3/2026
- Wall Street ends sharply higher as Waller remarks ease rate hike fears
- Fed’s Waller open to September rate hold - if disinflation holds up
- Broadcom raises AI chip forecast as Big Tech keeps writing bigger checks
- Nvidia to acquire AI platform Hugging Face in landmark $12.9B deal
- Tesla to unveil Cybercab Texas today, details are few
DCP Midstream, LP (DCP) Misses Q4 EPS by 43c, Revenues Miss
February 11, 2020 4:19 PM ESTDCP Midstream, LP (NYSE: DCP) reported Q4 EPS of ($0.08), $0.43 worse than the analyst estimate of $0.35. Revenue for the quarter came in at $1.93 billion versus the consensus estimate of $2.41 billion.
HIGHLIGHTS
Net income attributable to partners of $1 million and $17 million for the quarter and year ended December 31, 2019, respectively.Distributable cash flow (DCF) of $175 million and $762 million for the quarter and year ended December 31, 2019, resulting in a paid... More