DCP Midstream Reports Solid Earnings, Progresses with Growth Projects
DCP Midstream Reports Solid Earnings, Progresses with Growth Projects
SUGAR LAND--February 15, 2018--Researched by Industrial Info Resources (Sugar Land, Texas)--DCP Midstream LP (NYSE:DCP) (Denver, Colorado) reported solid earnings for fourth-quarter and full-year 2017 while progressing with several growth projects, including pipelines and gas processing plants. The company reported fourth-quarter 2017 net income of $60 million, compared with a net loss of $44 million in fourth quarter 2016. Full-year net income was $229 million, compared with $88 million in 2016. Industrial Info is tracking more than $2.3 billion in active DCP Midstream projects.
Within this article: Details of major DCP Midstream projects, including a joint venture with Kinder Morgan Incorporated (NYSE:KMI) and Targa Resources Corporation (NYSE:TRGP)
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