Top Ranked Income Stocks to Buy for April 9th
RBC Capital analyst Elvira Scotto maintained a Hold rating on Dcp Midstream Partners (NYSE:DCP) Lp on Monday, setting a price target of $9, which is approximately 15.53% above the present share price of $7.79.
It would be an understatement to say that units of DCP Midstream (NYSE: DCP) have been volatile this year. The MLP nose-dived a stunning 73.9% in March and then followed that up with an epic 133.9% rally in April, according to data provided by S&P Global Market Intelligence. Fueling that wild ride were huge swings in energy prices, which forced the energy company to make several changes so that it could navigate the industry's current challenges.
DCP Midstream, LP (DCP) will host a conference call to discuss its first quarter 2020 earnings at 11:00 a.m. ET on Thursday, May 7, 2020, which will be released after the New York Stock Exchange closes for trading on Wednesday, May 6, 2020. The live audio webcast of the conference call and accompanying presentation slides can be accessed through the Investors section on the DCP website at www.dcpmidstream.com and the conference call can be accessed by dialing (844) 233-0113 in the United States or (574) 990-1008 outside the United States. A replay of the conference call will be available until May 21, 2020, by dialing (855) 859-2056 in the United States or (404) 537-3406 outside the United States and using the above conference confirmation number.
DENVER, May 06, 2020 -- Today, DCP Midstream, LP (NYSE: DCP) reported its financial results for the three months ended March 31, 2020. HIGHLIGHTS Net loss attributable to.
Q1 2020 DCP Midstream LP Earnings Call
Moody's Investors Service (Moody's) assigned A3 senior unsecured rating to Phillips 66's proposed offerings of two tranches of senior notes. Phillips 66's existing ratings, including the A3 long-term issuer and senior unsecured ratings, and the stable outlook are unchanged. "Phillips 66 has excellent liquidity and the issuance of term loan debt and notes will increase its cash balance, which we expect will fund negative free cash flow in 2020," commented James Wilkins, Moody's Vice President -- Senior Analyst.
Let's see if DCP Midstream, LP (DCP) stock is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks.
Today, in response to unprecedented market conditions and an uncertain economic outlook caused by the COVID-19 pandemic, DCP Midstream, LP (DCP) announced a 15% workforce reduction across its nine-state footprint. The reduction in force, voluntary reductions in senior executive compensation, and other internal cost savings will result in $40 million of incremental retained cash flow.
The Zacks Analyst Blog Highlights: Enviva, MGM, Chimera, DCP and Teekay
Image source: The Motley Fool. DCP Midstream, LP (NYSE: DCP)Q1 2020 Earnings CallMay 9, 2020, 11:00 p.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGood morning, ladies and gentlemen, and welcome to the Q1 2020 DCP Midstream Earnings Conference call.
Coronavirus is probably the 1 concern in investors' minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […]
DCP Midstream (NYSE: DCP) is a significant player in the North American midstream industry, but units of the MLP have been trading all over the place. You can imagine that times have been tough for DCP given the unprecedented collapse in oil prices. The company is a top natural gas liquid (NGL) producer, https://www.dcpmidstream.com/getattachment/Asset-Bundles/DCP-Midstream-%E2%80%93-Sand-Hills-Pipeline-(Joint-Venture/DCP-Midstream-Partners-Sand-Hills-Pipeline-factsheet.pdf.aspxgas processor, and energy logistics company with operations across nine states, including major basins like the Permian Basin, the Denver Julesburg-Basin, the Eagle Ford, and Mid-Continent.
DENVER, April 03, 2020 -- DCP Midstream, LP (NYSE: DCP) announced that Wouter van Kempen, chairman, president, and chief executive officer and Sean O’Brien, group vice.
Shares of Phillips 66 (NYSE: PSX) have been quite volatile this year. The refining company's stock tumbled more than 60% at one point because of the impact the COVID-19 outbreak had on demand for refined products like gasoline and jet fuel. Phillips 66 has a long history of creating value for investors.
Investors need to pay close attention to DCP Midstream (DCP) stock based on the movements in the options market lately.
Range Resources (RRC) believes that once the short-term headwinds subside, the pricing scenario of natural gas will improve since the worldwide demand for cleaner fuel is mounting.
Lower NGL production is likely to have hurt DCP Midstream's (DCP) Q1 results.
DCP Midstream (DCP) saw a big move last session, as its shares jumped more than 8% on the day, amid huge volumes.
DENVER, April 21, 2020 -- DCP Midstream, LP (NYSE: DCP) announced today that the board of directors of its general partner declared a first quarter 2020 common unit.