DCP Midstream, LP, together with its subsidiaries, owns, operates, acquires, and develops a portfolio of midstream energy assets in the United States. The company operates through Logistics and Marketing, and Gathering and Processing. The Logistics and Marketing segment engages in transporting, trading, marketing, and storing natural gas and natural gas liquids (NGLs); and fractionating NGLs. The Gathering and Processing segment is involved in gathering, compressing, treating, and processing natural gas; producing and fractionating NGLs; and recovering condensate. The company owns and operates approximately 35 natural gas processing plants. It serves petrochemical and refining companies, and retail propane distributors. The company was formerly known as DCP Midstream Partners, LP and changed its name to DCP Midstream, LP in January 2017.DCP Midstream, LP was incorporated in 2005 and is headquartered in Denver, Colorado.
P/S ratio for DCP Midstream, LP (DCP)
P/S ratio as of 2022: 0.54
According to DCP Midstream, LP's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 0.54. At the end of 2021 the company had a P/S ratio of 0.53.
P/S ratio history for DCP Midstream, LP from 2001 to 2022
P/S ratio at the end of each year
| Year | P/S ratio |
|---|---|
| 2022 | 0.54 |
| 2021 | 0.53 |
| 2020 | 0.61 |
| 2019 | 0.49 |
| 2018 | 0.39 |
| 2017 | 0.62 |
| 2016 | 2.90 |
| 2015 | 1.56 |
| 2014 | 1.39 |
| 2013 | 1.33 |
| 2012 | 1.38 |
| 2011 | 1.32 |
| 2010 | 1.06 |
| 2009 | 0.48 |
| 2008 | 0.32 |
| 2007 | 0.63 |
| 2006 | 0.35 |
| 2005 | 0.55 |
| 2004 | 0.81 |
| 2003 | 0.54 |
| 2002 | 0.74 |
| 2001 | 1.18 |