DCP Midstream, LP

NYSE:DCP Stock Report

Market Cap: US$8.7b

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

DCP Midstream Management

Management criteria checks 3/4

DCP Midstream's CEO is Don Baldridge, appointed in Jan 2023, he has a tenure of less than a year. His total yearly compensation is $1.44M , comprised of 31% salary and 69% bonuses, including company stock and options. He directly owns 0.018% of the company’s shares, worth $1.60M. The average tenure of the management team and the board of directors is 1 years and 5.3 years respectively.

Key information

Don Baldridge

Chief executive officer

US$1.4m

Total compensation

CEO salary percentage31.0%
CEO tenureless than a year
CEO ownership0.02%
Management average tenure1yr
Board average tenure5.3yrs

Recent management updates

Recent updates

DCP Midstream: Stock Might Plateau At Current Price Given Peak In Demand For Oil

Feb 15

DCP Midstream GAAP EPS of $1.13 beats by $0.25, revenue of $3.03B beats by $1B

Feb 08

DCP Midstream declares $0.43 dividend

Jan 24

DCP Midstream GAAP EPS of $1.50, revenue of $4.32B

Nov 02

DCP Midstream goes ex dividend tomorrow

Oct 26

DCP Midstream GAAP EPS of $1.77 beats by $0.70, revenue of $4.27B misses by $230M

Aug 02

DCP Midstream raises dividend by 10% to $0.43

Jul 21

DCP Midstream: Don't Forget The Preferreds

Jul 05

DCP Midstream Remains An Interesting Investment

Jun 02

DCP Midstream: Earn A Very Sustainable 5.50% Yield

Jan 30

DCP Midstream - Room To Run

Oct 11

DCP Midstream, LP 2021 Q1 - Results - Earnings Call Presentation

May 07

DCP Midstream Q1 2021 Earnings Preview

May 04

DCP Midstream goes ex-dividend tomorrow

Apr 28

Combine DCP Midstream's 8.3% Yield And Its 9% Yielding Preferreds For A Resilient Income

Dec 29

DCP Midstream (DCP) Investor Presentation - Slideshow

Dec 15

DCP Midstream, LP 2020 Q3 - Results - Earnings Call Presentation

Nov 05

DCP Midstream Q3 2020 Earnings Preview

Nov 03

CEO Compensation Analysis

How has Don Baldridge's remuneration changed compared to DCP Midstream's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2023n/an/a

US$1b

Dec 31 2022US$1mUS$448k

US$982m

Sep 30 2022n/an/a

US$1b

Jun 30 2022n/an/a

US$773m

Mar 31 2022n/an/a

US$359m

Dec 31 2021US$2mUS$421k

US$332m

Sep 30 2021n/an/a

US$102m

Jun 30 2021n/an/a

US$160m

Mar 31 2021n/an/a

US$238m

Dec 31 2020US$2mUS$405k

-US$365m

Sep 30 2020n/an/a

-US$450m

Jun 30 2020n/an/a

-US$774m

Mar 31 2020n/an/a

-US$744m

Dec 31 2019US$2mUS$400k

-US$160m

Sep 30 2019n/an/a

-US$107m

Jun 30 2019n/an/a

US$147m

Mar 31 2019n/an/a

US$95m

Dec 31 2018US$2mUS$386k

US$87m

Sep 30 2018n/an/a

US$62m

Jun 30 2018n/an/a

-US$23m

Mar 31 2018n/an/a

US$14m

Dec 31 2017US$1mUS$373k

US$61m

Compensation vs Market: Don's total compensation ($USD1.44M) is below average for companies of similar size in the US market ($USD8.17M).

Compensation vs Earnings: Don's compensation has been consistent with company performance over the past year.

CEO

Don Baldridge (53 yo)

less than a year

Tenure

US$1,442,951

Compensation

Mr. Donald A. Baldridge, also known as Don, serves as Interim Chief Executive Officer of DCP Midstream GP LLC at DCP Midstream, LP., since January 1, 2023. He served as President of Operations of DCP Midst...

Leadership Team

NamePositionTenureCompensationOwnership
Donald Baldridge
Interim Chief Executive Officer of DCP Midstream GP LLCless than a yearUS$1.44m0.018%
$ 1.6m
William Johnson
President of Operations of DCP Midstream GP1.6yrsUS$1.19m0.0066%
$ 572.4k
Scott Delmoro
Interim Principal Financial Officerless than a yearno data0.0017%
$ 151.4k
Richard Loving
Chief Accounting Officer of DCP Midstream GP LLCno datano data0.0042%
$ 366.2k
Irene Lofland
Vice President of Investor Relations5.4yrsno datano data
Sarah Sandberg
Senior Director of Communications & Public Affairsno datano datano data
Kamal Gala
Assistant General Counsel & Corporate Secretary of DCP Midstream GPno datano datano data
Michael Fullman
Director Corporate Development & Strategyno datano datano data

1.0yrs

Average Tenure

52yo

Average Age

Experienced Management: DCP's management team is not considered experienced ( 1 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Billy Waycaster
Independent Director of DCP Midstream GP8yrsUS$244.79k0.013%
$ 1.2m
Fred Fowler
Independent Director of DCP Midstream GP8.3yrsUS$239.79k0.030%
$ 2.6m
Timothy Roberts
Director of DCP Midstream GPless than a yearno datano data
Kevin Mitchell
Chairman of DCP Midstream GPless than a yearno data0.0014%
$ 125.3k
William Kimble
Independent Director of DCP Midstream GP8yrsUS$244.79k0.013%
$ 1.2m
Brian Mandell
Director of DCP Midstream GP8.1yrsno datano data
Heather Crowder
Director of DCP Midstream GP2.6yrsno datano data
Todd Denton
Director of DCP Midstream GPless than a yearno data0.0013%
$ 114.8k

5.3yrs

Average Tenure

60yo

Average Age

Experienced Board: DCP's board of directors are considered experienced (5.3 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/06/16 17:36
End of Day Share Price 2023/06/14 00:00
Earnings2023/03/31
Annual Earnings2022/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

DCP Midstream, LP is covered by 25 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Richard GrossBarclays
Dennis ColemanBofA Global Research
Timm SchneiderCitigroup Inc