This company has been acquired
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 percentage | 31.0% |
| CEO tenure | less than a year |
| CEO ownership | 0.02% |
| Management average tenure | less than a year |
| Board average tenure | 5.3yrs |
Recent management updates
Recent updates
DCP Midstream: Stock Might Plateau At Current Price Given Peak In Demand For Oil
Feb 15DCP Midstream GAAP EPS of $1.13 beats by $0.25, revenue of $3.03B beats by $1B
Feb 08DCP Midstream declares $0.43 dividend
Jan 24DCP Midstream GAAP EPS of $1.50, revenue of $4.32B
Nov 02DCP Midstream goes ex dividend tomorrow
Oct 26DCP Midstream GAAP EPS of $1.77 beats by $0.70, revenue of $4.27B misses by $230M
Aug 02DCP Midstream raises dividend by 10% to $0.43
Jul 21DCP Midstream: Don't Forget The Preferreds
Jul 05DCP Midstream Remains An Interesting Investment
Jun 02DCP Midstream: Earn A Very Sustainable 5.50% Yield
Jan 30DCP Midstream - Room To Run
Oct 11DCP Midstream, LP 2021 Q1 - Results - Earnings Call Presentation
May 07DCP Midstream Q1 2021 Earnings Preview
May 04DCP Midstream goes ex-dividend tomorrow
Apr 28Combine DCP Midstream's 8.3% Yield And Its 9% Yielding Preferreds For A Resilient Income
Dec 29DCP Midstream (DCP) Investor Presentation - Slideshow
Dec 15DCP Midstream, LP 2020 Q3 - Results - Earnings Call Presentation
Nov 05DCP Midstream Q3 2020 Earnings Preview
Nov 03CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2023 | n/a | n/a | US$1b |
| Dec 31 2022 | US$1m | US$448k | US$982m |
| Sep 30 2022 | n/a | n/a | US$1b |
| Jun 30 2022 | n/a | n/a | US$773m |
| Mar 31 2022 | n/a | n/a | US$359m |
| Dec 31 2021 | US$2m | US$421k | US$332m |
| Sep 30 2021 | n/a | n/a | US$102m |
| Jun 30 2021 | n/a | n/a | US$160m |
| Mar 31 2021 | n/a | n/a | US$238m |
| Dec 31 2020 | US$2m | US$405k | -US$365m |
| Sep 30 2020 | n/a | n/a | -US$450m |
| Jun 30 2020 | n/a | n/a | -US$774m |
| Mar 31 2020 | n/a | n/a | -US$744m |
| Dec 31 2019 | US$2m | US$400k | -US$160m |
| Sep 30 2019 | n/a | n/a | -US$107m |
| Jun 30 2019 | n/a | n/a | US$147m |
| Mar 31 2019 | n/a | n/a | US$95m |
| Dec 31 2018 | US$2m | US$386k | US$87m |
| Sep 30 2018 | n/a | n/a | US$62m |
| Jun 30 2018 | n/a | n/a | -US$23m |
| Mar 31 2018 | n/a | n/a | US$14m |
| Dec 31 2017 | US$1m | US$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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Interim Chief Executive Officer of DCP Midstream GP LLC | less than a year | US$1.44m | 0.018% $ 1.6m | |
| President of Operations of DCP Midstream GP | 1.6yrs | US$1.19m | 0.0066% $ 572.4k | |
| Interim Principal Financial Officer | less than a year | no data | 0.0017% $ 151.4k | |
| Chief Accounting Officer of DCP Midstream GP LLC | no data | no data | 0.0042% $ 366.2k | |
| Vice President of Investor Relations | 5.4yrs | no data | no data | |
| Senior Director of Communications & Public Affairs | no data | no data | no data | |
| Assistant General Counsel & Corporate Secretary of DCP Midstream GP | no data | no data | no data | |
| Director Corporate Development & Strategy | no data | no data | no 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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director of DCP Midstream GP | 8yrs | US$244.79k | 0.013% $ 1.2m | |
| Independent Director of DCP Midstream GP | 8.3yrs | US$239.79k | 0.030% $ 2.6m | |
| Director of DCP Midstream GP | less than a year | no data | no data | |
| Chairman of DCP Midstream GP | less than a year | no data | 0.0014% $ 125.3k | |
| Independent Director of DCP Midstream GP | 8yrs | US$244.79k | 0.013% $ 1.2m | |
| Director of DCP Midstream GP | 8.1yrs | no data | no data | |
| Director of DCP Midstream GP | 2.6yrs | no data | no data | |
| Director of DCP Midstream GP | less than a year | no data | 0.0013% $ 114.8k |
5.3yrs
Average Tenure
60yo
Average Age
Experienced Board: DCP's board of directors are considered experienced (5.3 years average tenure).