DCP Midstream, LP (DCP) Reports Q2 Loss of $0.22/sh

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Go back to DCP Midstream, LP (DCP) Reports Q2 Loss of $0.22/sh

DCP Midstream Reports Second Quarter Results and Guides to High End of Financial Guidance Range

August 4, 2021 4:15 PM EDT

DENVER, Aug. 04, 2021 (GLOBE NEWSWIRE) -- Today, DCP Midstream, LP (NYSE: DCP) reported its financial results for the three and six months ended June 30, 2021.

HIGHLIGHTS

For the respective three and six months ended June 30, 2021, DCP had net (loss) income attributable to partners of $(31) million and $22 million, net cash provided by operating activities of $72 million and $68 million, adjusted EBITDA of $333 million and $608 million, and distributable cash flow of $225 million and $400 million.Second quarter adjusted EBITDA and DCF increased by 21% and 29% from first quarter 2021.Generated $132... More