DCP Midstream Partners to Release Fourth Quarter 2015 Results on February 24
DENVER, Jan. 25, 2016 (GLOBE NEWSWIRE) -- DCP Midstream Partners, LP (NYSE:DPM) will announce its fourth quarter 2015 earnings after the New York Stock Exchange closes for trading on Wednesday, February 24, 2016, and will hold a conference call at 10:00 a.m. ET on Thursday, February 25, 2016, to discuss quarterly results.
The conference call and related materials can be accessed via live audio webcast through the Investor section of DCP Midstream Partners’ website at www.dcppartners.com or by dialing (855) 539-0897 in the United States or (412) 455-6035 outside the United States. The conference confirmation number is 36211511. Please call in five to 10 minutes prior to the scheduled start time. A replay of the conference call will be available until Midnight ET, March 17, 2016, by dialing (855) 859-2056 in the United States or (404) 537-3406 outside the United States. The replay conference confirmation number is 36211511. An audio webcast replay and presentation slides and transcript in PDF format will also be available by accessing the Investors/Event Calendar section of the partnership’s website.
ABOUT DCP MIDSTREAM PARTNERS, LP DCP Midstream Partners, LP (NYSE:DPM) is a midstream master limited partnership 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. DCP Midstream Partners, LP is managed by its general partner, DCP Midstream GP, LP, which in turn is managed by its general partner, DCP Midstream GP, LLC, which is 100% owned by DCP Midstream, LLC, a joint venture between Phillips 66 and Spectra Energy. For more information, visit the DCP Midstream Partners, LP website at www.dcppartners.com.
Hedging programs that E&Ps have in place in 2016 vary considerably. The chart below shows the range of oil and gas production for several E&Ps covered by hedging contracts. Pioneer Natural Resources (ticker: PXD) and Cimarex Energy (ticker: XEC) have hedged the largest portions of their remaining production at 85/75 and 80/90 percent, respectively, for oil and gas. This chart[Read More…]
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