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Stock Market & Financial Investment News

News Breaks
December 6, 2012
18:22 EDTDPMDCP Midstream to build 200 MMcf/d gas processing plant serving Eagle Ford
DCP Midstream and DCP Midstream Partners announced the construction of a new cryogenic plant that will serve growing demand from producers in the liquids rich and prolific Eagle Ford shale. The new Goliad plant will be constructed and funded by the previously announced DCP Eagle Ford Joint Venture formed Nov. 1, which is owned two-thirds by DCP Midstream and one-third by DCP Midstream Partners. The Goliad plant will have gas processing capacity of 200M cubic feet per day. It will become part of the DCP Eagle Ford system providing Eagle Ford producers one-stop service from the plant tailgate to the Gulf Coast market centers. The Goliad plant is expected to be completed by the 1Q14.
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July 28, 2014
18:37 EDTDPMDCP Midstream increases quarterly dividend 1.7% to 75.75c
DCP Midstream Partners announced that the board of its general partner declared a quarterly cash distribution of 75.75c per common unit for the quarter ended June 30. This represents an increase of 1.7% over the last quarterly distribution of 74.5c per unit paid May 15 and a 6.7% increase over the 71c per unit distribution declared in 2Q13. The quarterly cash distribution will be paid August 15 to unitholders of record at the close of business August 8.

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