DCP Midstream LP - Company Profile

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DCP Midstream LP (DCP) is a midstream energy company. It gathers, compresses, treats, and processes natural gas; and produces and markets natural gas liquids (NGL). The company also fractionates NGLs, and recovers and sells condensate. It markets NGL, residue gas, condensate, and provides logistics and marketing services to third-party NGL producers and market centers in the US. DCP’s pipelines transport NGLs from natural gas processing plants to fractionation facilities, petrochemical plants, and third-party underground NGL storage facilities. The company has gathering and processing operations in Denver-Julesburg (DJ) Basin, Permian Basin, Midcontinent, Eagle Ford system, and Texas. DCP’s logistics and marketing operations also have various downstream assets including NGL fractionation facilities, NGL storage facility and a residue gas storage facility. DCP is headquartered in Denver, Colorado, the US.

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Headquarters United States of America

Address 6900 East Layton Avenue, Suite 900, Denver, Colorado, 80237


Telephone 1 303 5953331

Industry Energy and Utilities

Revenue (2022) $15.0B

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Products and Services

Services
Gathering
Compression
Treating
XYZ
XYZ
XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2023 Stake Sale In June, the company sold its publicly held common units to Phillips 66.
2022 Stake Sale In August, the company sold minority stake to Phillips 66.
2022 Asset Purchase In August, the company acquired Permian Basin gathering and processing assets from Woodland Midstream II in Texas, the US.
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Competitor Comparison

Key Parameters DCP Midstream LP Enterprise Products Partners LP Plains All American Pipeline LP Hess Corp Adams Resources & Energy Inc
Headquarters United States of America United States of America United States of America United States of America United States of America
City Denver Houston Houston New York Houston
State/Province Colorado Texas Texas New York Texas
No. of Employees - 7,447 4,200 1,756 882
Entity Type Private Public Public Public Public
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Executives
Name Position Board Since Age
Wouter T. van Kempen President; Chief Executive Officer; Chairman Executive Board 2016 53
Sean P. O'Brien Vice President; Chief Financial Officer Senior Management 2014 53
William L. Johnson President - Operations Senior Management 2021 51
George R. Green General Counsel; Vice President Senior Management 2021 42
Don Baldridge President - Operations Senior Management 2017 53
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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