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DCP Midstream to Become Biggest U.S. NGL Company


Industry Segment: Pipelines | Word Count: 547 Words

SUGAR LAND--January 5, 2017--Researched by Industrial Info Resources (Sugar Land, Texas)--The newly formed DCP Midstream LP (NYSE:DCP) (Houston, Texas) will become the largest natural gas liquids (NGL) producer and gas processor in the U.S. when it officially bows on January 23. The company will be a combination of DCP Midstream LLC, a 50:50 joint venture between Phillips 66 (NYSE:PSX) (Bartlesville, Oklahoma) and Spectra Energy Corporation (NYSE:SE) (Houston), and DCP Midstream Partners LP (NYSE:DPM) (Houston). Industrial Info is tracking $1.05 billion in projects involving the engaged couple.

Within this article: Details on some of the highest-valued DCP projects in two areas where the company likely will see its strongest growth in the coming years.

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