DCP Midstream Partners, (DCP) Receiving Somewhat Positive News Coverage, Analysis Shows
Media headlines about DCP Midstream Partners, (NYSE:DCP) have trended somewhat positive on Monday, Accern Sentiment reports. Accern rates the sentiment of news coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. DCP Midstream Partners, earned a media sentiment score of 0.16 on Accern’s scale. Accern also gave news headlines about the pipeline company an impact score of 45.2267788014917 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
These are some of the news headlines that may have effected Accern Sentiment Analysis’s scoring:
- Q3 2017 EPS Estimates for DCP Midstream Partners, LP (DCP) Decreased by US Capital Advisors (americanbankingnews.com)
- Kinder Morgan Enters Agreement with Partners to Develop Gulf Coast Express Pipeline (industrialinfo.com)
- Kinder Morgan’s GCX Project to Meet Permian Gas Demand – Nasdaq (nasdaq.com)
- DCP Midstream Partners, LP (DCP) Research Coverage Started at R. F. Lafferty (americanbankingnews.com)
- Kinder, Partners Near Agreement for GCX Pipe to Carry Permian NatGas to Texas Coast (naturalgasintel.com)
A number of research firms have recently commented on DCP. R. F. Lafferty began coverage on shares of DCP Midstream Partners, in a research note on Thursday. They set a “buy” rating and a $38.00 price objective for the company. Zacks Investment Research upgraded shares of DCP Midstream Partners, from a “strong sell” rating to a “hold” rating in a research note on Thursday, August 10th. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $37.00 target price (down from $40.00) on shares of DCP Midstream Partners, in a research note on Tuesday, August 8th. Barclays PLC cut their target price on shares of DCP Midstream Partners, from $40.00 to $37.00 and set an “equal weight” rating for the company in a research note on Thursday, August 17th. Finally, Credit Suisse Group cut their target price on shares of DCP Midstream Partners, from $44.00 to $40.00 and set a “neutral” rating for the company in a research note on Tuesday, August 8th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and five have given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $39.36.
Shares of DCP Midstream Partners, (NYSE:DCP) opened at 35.17 on Monday. The firm has a market capitalization of $5.04 billion, a P/E ratio of 18.98 and a beta of 2.10. The company has a 50-day moving average of $32.58 and a 200 day moving average of $34.55. 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 released its quarterly earnings results 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 net margin of 7.93% and a return on equity of 6.71%. The business had revenue of $1.95 billion for the quarter, compared to analysts’ expectations of $2.60 billion. The firm’s revenue for the quarter was up 20.1% on a year-over-year basis. Equities research analysts anticipate that DCP Midstream Partners, will post $1.29 earnings per share for the current year.
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DCP Midstream Partners, Company Profile
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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