DCP Midstream Partners Reports 13% Drop in Net Profit, Maintains 2015 Growth Capex at $300 Million

DCP Midstream Partners Reports 13% Drop in Net Profit, Maintains 2015 Growth Capex at $300 Million

DCP Midstream Partners Reports 13% Drop in Net Profit, Maintains 2015 Growth Capex at $300 Million

SUGAR LAND--May 8, 2015--Researched by Industrial Info Resources (Sugar Land, Texas)--DCP Midstream Partners LP (NYSE:DPM) (Denver, Colorado), a midstream master limited partnership in the natural gas and natural gas liquids (NGL) gathering and transportation markets, reported first-quarter 2015 net income of $69 million, down nearly 13% from $79 million in first-quarter 2014. DCP maintained its plans for $300 million in growth capital expenditures (capex) this year, and $50 million to $60 million in maintenance expenditures. Industrial Info is tracking 27 active DCP-related projects worth $1.7 billion.

Within this article: First-quarter earnings results for DCP Midstream Partners LP (NYSE:DPM).

Additional companies: Enterprise Products Partners LP (NYSE:EPD), Anadarko Petroleum Corporation (NYSE:APC), MarkWest Energy Partners LP (NYSE:MWE), Williams Companies Incorporated (NYSE:WMB)

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