DCP Midstream Reports Fourth Quarter Results and Announces 2020 Guidance
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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