Why Shares of DCP Midstream Fell 17.5% in August

Shares of natural gas liquids (NGL) midstream partnership DCP Midstream (NYSE: DCP) fell 17.5% in August, according to data provided by S&P Global Market Intelligence.

That was a much worse performance than most midstream master limited partnerships (MLPs). Enterprise Products Partners (NYSE: EPD), for example, saw its unit price -- MLP-speak for share price -- fall by only 5.3% during the month, while units of Magellan Midstream Partners (NYSE: MMP) actually finished the month up by 0.8%. 

Energy industry player DCP Midstream focuses on natural gas liquids. Image source: Getty Images.

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