DCP Midstream, LP (DCP) Tops Q2 EPS by 66c

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Go back to DCP Midstream, LP (DCP) Tops Q2 EPS by 66c

DCP Midstream Reports Record Second Quarter Results

August 2, 2022 4:15 PM EDT

DENVER, Aug. 02, 2022 (GLOBE NEWSWIRE) -- Today, DCP Midstream, LP (NYSE: DCP) reported its financial results for the three and six months ended June 30, 2022.

HIGHLIGHTS

For the respective three and six months ended June 30, 2022, DCP had net income attributable to partners of $383 million and $463 million, net cash provided by operating activities of $385 million and $574 million, adjusted EBITDA of $477 million and $913 million, and distributable cash flow of $369 million and $706 million.Generated $254 million and $501 million of excess free cash flow for the three and six months ended June 30, 2022, respectively,... More