DCP Midstream, LP (DCP) Tops Q4 EPS by 65c
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DCP Midstream Reports Fourth Quarter and Full Year 2021 Results and Announces 2022 Guidance
February 9, 2022 4:15 PM ESTDENVER, Feb. 09, 2022 (GLOBE NEWSWIRE) -- Today, DCP Midstream, LP (NYSE: DCP) reported its financial results for the quarter and year ended December 31, 2021.
HIGHLIGHTS
For the quarter and year ended December 31, 2021, DCP had net income attributable to partners of $315 million and $391 million, net cash provided by operating activities of $391 million and $646 million, adjusted EBITDA of $330 million and $1,291 million, and distributable cash flow of $219 million and $869 million.Generated $122 million and $500 million of excess free cash flow for the quarter and... More