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How to buy DCP Midstream (DCP) stocks in Canada

Learn how to easily invest in DCP Midstream stocks.

DCP Midstream is an oil & gas midstream business based in the US. DCP Midstream stocks (DCP.US) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $31.22 – a decrease of 3.96% over the previous week. DCP Midstream employs 0 staff and has a trailing 12-month revenue of around $9.7 billion.

How to buy shares in DCP Midstream

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – DCP – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

DCP Midstream stock price (NYSE:DCP)

Use our graph to track the performance of DCP stocks over time.

DCP Midstream shares at a glance

Information last updated 2022-01-16.
Latest market close$27.86
52-week range$17.89 - $33.44
50-day moving average $27.70
200-day moving average $27.59
Wall St. target price$37.54
PE ratio 59.2041
Dividend yield $1.56 (5.38%)
Earnings per share (TTM) $0.49

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Is it a good time to buy DCP Midstream stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

DCP Midstream price performance over time

Historical closes compared with the close of $27.86 from 2022-01-21

1 week (2022-01-14) -3.96%
1 month (2021-12-21) 8.24%
3 months (2021-10-20) N/A
6 months (2021-07-23) 2.92%
1 year (2021-01-22) 39.09%
2 years (2020-01-24) 22.35%
3 years (2019-01-24) 32.64
5 years (2017-01-24) 37.67

Is DCP Midstream under- or over-valued?

Valuing DCP Midstream stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of DCP Midstream's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

DCP Midstream's P/E ratio

DCP Midstream's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 59x. In other words, DCP Midstream shares trade at around 59x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

DCP Midstream's PEG ratio

DCP Midstream's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 6.757. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into DCP Midstream's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

DCP Midstream's EBITDA

DCP Midstream's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $344 million.

The EBITDA is a measure of a DCP Midstream's overall financial performance and is widely used to measure a its profitability.

DCP Midstream financials

Revenue TTM $9.7 billion
Gross profit TTM $833 million
Return on assets TTM -0.1%
Return on equity TTM 2.88%
Profit margin 1.67%
Book value $23.42
Market capitalisation $6 billion

TTM: trailing 12 months

DCP Midstream share dividends

3%

Dividend payout ratio: 3.18% of net profits

Recently DCP Midstream has paid out, on average, around 3.18% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 5.38% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), DCP Midstream shareholders could enjoy a 5.38% return on their shares, in the form of dividend payments. In DCP Midstream's case, that would currently equate to about $1.56 per share.

While DCP Midstream's payout ratio might seem low, this can signify that DCP Midstream is investing more in its future growth.

DCP Midstream's most recent dividend payout was on 11 November 2021. The latest dividend was paid out to all shareholders who bought their shares by 27 October 2021 (the "ex-dividend date").

DCP Midstream share price volatility

Over the last 12 months, DCP Midstream's shares have ranged in value from as little as $17.8915 up to $33.4361. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while DCP Midstream's is 3.3259. This would suggest that DCP Midstream's shares are significantly more volatile than the average for this exchange and represent a higher risk.

DCP Midstream overview

DCP Midstream, LP, together with its subsidiaries, owns, operates, acquires, and develops a portfolio of midstream energy assets in the United States. The company operates in two segments, Logistics and Marketing, and Gathering and Processing. The Logistics and Marketing segment engages in transporting, trading, marketing, and storing natural gas and natural gas liquids (NGLs); and fractionating NGLs. The Gathering and Processing segment is involved in gathering, compressing, treating, and processing natural gas; producing and fractionating NGLs; and recovering condensate. The company owns and operates approximately 39 natural gas processing plants. It serves petrochemical and refining companies, and retail propane distributors. The company was formerly known as DCP Midstream Partners, LP and changed its name to DCP Midstream, LP in January 2017.

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