DCP Midstream, LP (DCP) Reports Q2 EPS of $0.15

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DCP Midstream Reports Strong Second Quarter and First Half Results, and Reissues Original 2020 Financial Guidance

August 5, 2020 4:04 PM EDT

DENVER, Aug. 05, 2020 (GLOBE NEWSWIRE) -- Today, DCP Midstream, LP (NYSE: DCP) reported its financial results for the three and six months ended June 30, 2020.

HIGHLIGHTS

For the respective three and six months ended June 30, 2020, DCP generated net income (loss) attributable to partners of $47 million and $(503) million; net cash provided by operating activities of $209 million and $523 million; adjusted EBITDA of $311 million and $632 million; and distributable cash flow (DCF) of $220 million and $440 million.Achieved one of the strongest first half DCF and Adjusted EBITDA performances in company... More