FBR Capital Initiates Coverage on DCP Midstream Partners LP with Market Perform Rating and $33 PT (NYSE:DPM)


The stock decreased 5.42% or $1.92 on September 13, hitting $33.49. About 428,266 shares traded hands or 6.36% up from the average. DCP Midstream Partners, LP (NYSE:DPM) has risen 97.16% since February 8, 2016 and is uptrending. It has outperformed by 80.67% the S&P500.

DCP Midstream Partners, LP is a limited partnership. The company has a market cap of $3.87 billion. The Firm operates through three divisions: Natural Gas Services, NGL Logistics and Wholesale Propane Logistics. It has a 24.94 P/E ratio. The Company’s Natural Gas Services segment consists of a geographically diverse complement of assets and ownership interests that provide a range of wellhead to market services for its producer customer, which include gathering, compressing, treating, processing, transporting and storing natural gas, and fractionating NGLs.

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