Somewhat Positive Media Coverage Somewhat Unlikely to Impact DCP Midstream Partners, (DCP) Stock Price
News articles about DCP Midstream Partners, (NYSE:DCP) have trended somewhat positive this week, according to Accern Sentiment. Accern rates the sentiment of press coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. DCP Midstream Partners, earned a news sentiment score of 0.15 on Accern’s scale. Accern also gave news headlines about the pipeline company an impact score of 46.7995833929575 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the news headlines that may have impacted Accern Sentiment’s analysis:
- Antero Midstream Partners LP Co (AM) Investment Decreased by Morgan Stanley (eslforkids.net)
- Are Traders Stacks up now on Rice Midstream Partners LP (RMP) (techkenyot.com)
- DCP Midstream Posts Weak 2Q17 Earnings but Reaffirms 2017 Guidance (finance.yahoo.com)
- DCP Midstream Partners, LP (DCP) Upgraded to “Hold” by Zacks Investment Research (americanbankingnews.com)
- DCP Midstream Partners, LP (NYSE:DCP) Stock Rating Reaffirmed by Royal Bank Of Canada (americanbankingnews.com)
Shares of DCP Midstream Partners, (NYSE:DCP) opened at 31.33 on Friday. The company’s 50-day moving average is $33.79 and its 200 day moving average is $36.46. The company has a market cap of $4.49 billion, a PE ratio of 16.91 and a beta of 2.10. DCP Midstream Partners, has a 52-week low of $29.70 and a 52-week high of $42.45.
DCP Midstream Partners, (NYSE:DCP) last announced its quarterly earnings data on Monday, August 7th. The pipeline company reported $0.18 earnings per share for the quarter, topping the consensus estimate of $0.14 by $0.04. DCP Midstream Partners, had a return on equity of 6.71% and a net margin of 7.93%. The company had revenue of $1.95 billion during the quarter, compared to analyst estimates of $2.60 billion. The business’s revenue for the quarter was up 20.1% on a year-over-year basis. On average, analysts anticipate that DCP Midstream Partners, will post $1.17 EPS for the current year.
The business also recently announced a quarterly dividend, which will be paid on Monday, August 14th. Shareholders of record on Tuesday, August 8th will be issued a dividend of $0.78 per share. This represents a $3.12 dividend on an annualized basis and a yield of 9.96%. The ex-dividend date is Friday, August 4th. DCP Midstream Partners,’s payout ratio is presently 164.21%.
DCP has been the topic of several research reports. Zacks Investment Research upgraded shares of DCP Midstream Partners, from a “strong sell” rating to a “hold” rating in a research note on Thursday. Royal Bank Of Canada decreased their price target on shares of DCP Midstream Partners, from $40.00 to $37.00 and set a “sector perform” rating on the stock in a research note on Wednesday, August 2nd. US Capital Advisors upgraded shares of DCP Midstream Partners, from a “hold” rating to an “overweight” rating in a research note on Wednesday, May 24th. Finally, Credit Suisse Group decreased their price target on shares of DCP Midstream Partners, from $44.00 to $40.00 and set a “neutral” rating on the stock in a research note on Tuesday. One research analyst has rated the stock with a sell rating, five have issued a hold rating and five have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $39.90.
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About DCP Midstream Partners,
DCP Midstream, LP, formerly DCP Midstream Partners, LP, is a producer and marketer of natural gas liquids (NGLs) in the United States. The Company is engaged in the business of gathering, compressing, treating, processing, transporting, storing and selling natural gas; producing, fractionating, transporting, storing and selling NGLs and recovering, and selling condensate, and transporting, storing and selling propane in wholesale markets.
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