DCP Midstream, LP (DCP) Tops Q3 EPS by 8c

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DCP Midstream Reports Third Quarter Results

November 4, 2020 4:15 PM EST

DENVER, Nov. 04, 2020 (GLOBE NEWSWIRE) -- Today, DCP Midstream, LP (NYSE: DCP) reported its financial results for the three and nine months ended September 30, 2020.

HIGHLIGHTS

For the respective three and nine months ended September 30, 2020, DCP generated net income (loss) attributable to partners of $111 million and $(392) million; net cash provided by operating activities of $268 million and $791 million; adjusted EBITDA of $331 million and $963 million; and distributable cash flow of $232 million and $672 million.Generated $130 million and $152 million of excess free cash flow for the three and nine months ended September 30, 2020,... More