How to Buy Dcp Midstream Stock
Dcp Midstream LP
Dcp Midstream is a oil & gas midstream company located in Colorado, United States, which is part of the Energy sector, and is traded under the ticker DCP on the NYSE exchange.
Dcp Midstream stock last closed at $41.58, down 0.02% from the previous day, and has increased 19.9% in one year. It has overperformed other stocks in the Oil & Gas Midstream industry by 0.2 percentage points. Dcp Midstream stock is currently +57.26% from its 52-week low of $26.44, and -1.35% from its 52-week high of $42.15.
At the moment, there are 208.66M DCP shares outstanding. The market value of DCP is $8.68B. In the past 24 hours, 202,915 DCP shares were traded.
How to Buy Dcp Midstream Stock
Not sure how to invest in Dcp Midstream stock? Here's how.
- Decide where to buy Dcp Midstream stock: You need to pick a stock brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you determine where to buy Dcp Midstream stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Fund your brokerage account: Choose your payment method and add your information.
- Evaluate Dcp Midstream stock: The Dcp Midstream ticker symbol is DCP. Is Dcp Midstream stock a good investment? Should you buy shares of DCP? How do DCP's underlying business fundamentals look? Do top analysts think Dcp Midstream is a good buy? Why has DCP's stock price moved recently? (Hint: Our stock research tools can help you evaluate if DCP is a good stock to buy).
- Make your DCP trade: Decide if you will purchase DCP shares at the current market price or use a limit order to buy DCP stock at a particular price.
- Keep tabs on your DCP investment: Create a watchlist to important updates regarding your investment in Dcp Midstream shares.
Step 1: Decide where to buy Dcp Midstream stock
You will need an online brokerage account to access the NYSE market and buy DCP stock.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've selected the right brokerage, the next step is to fill out some personal info so you can invest in DCP stock today.
How to Set Up a New Investment Account on eToro
- Click here to get started.
- Provide your personal info to open your new brokerage account.
- Send your information by hitting the "Create Account" button.
Step 3: Fund your brokerage account
Now that you have finished signing up on the best stock investing app, you can securely and quickly fund your account:
Check out the tutorial below if you need help depositing funds into your new brokerage account.
Step 4: Evaluate Dcp Midstream stock
Once you have chosen the best place to buy Dcp Midstream stock, it's very important to analyze their stock prior to investing, so you truly comprehend the risk and opportunity.
Dcp Midstream quick stats
Dcp Midstream Due Diligence Checks
WallStreetZen was created to help part-time investors do more accurate fundamental analysis quickly.
You can see all of the due diligence checks on DCP's stock page.
Is DCP stock undervalued?
You can use many financial metrics, analyses, models, and charts to gauge DCP's true value.
Using relative valuations ratios:
- DCP may be undervalued based on its P/E ratio of 7.71x, relative to Oil & Gas Midstream industry P/E ratio of 12.47x
- DCP may be undervalued based on its P/B ratio of 1.42x, relative to Oil & Gas Midstream industry P/B ratio of 2.06x
You can do more valuation analysis on DCP's stock here.
A quick look at DCP Financials
Pros:
- DCP earnings of $1.46B is not sufficient to cover its interest payments.
- DCP profit margin has gone up from 3.1% to 7.8% in the past year.
- DCP's operating cash flow of $1.83B allows it to safely service it's debt of $5.00B.
Cons:
- There are more short-term liabilities than short-term assets on the DCP balance sheet.
- Total DCP debt is higher than 5 years ago, relative to shareholder equity.
- There are more long-term liabilities than short-term assets on the DCP balance sheet.
- DCP has a relatively high debt to equity ratio of 1.1.
Do analysts think it's a good time to buy Dcp Midstream stock
Out of 1 Wall Street analysts who give forecasts on DCP, the consensus analyst rating on DCP is a Hold
It's important to note that analyst forecasts are not recommendations, nor are they investment advice.
Most Recent DCP Analyst Forecasts
Gabriel Moreen, a top 10% analyst from Mizuho downgrades DCP to a hold rating and lowers their DCP price target from $45.00 to $42.00, on Jan 12, 2023.
You can dig deeper into what analysts are saying on the Dcp Midstream stock forecast page.
Metrics for Advanced DCP Traders
DCP Earnings
Last year, DCP earnings were $1.12B. In the last five year, DCP's earnings have gone up by 121.98% per year. This was faster than the Oil & Gas Midstream industry average of 26.55%.
Last year, DCP revenue was $14.34B. Over the past five year, DCP's revenue has gone up by 11.08% per year. This was slower than the Oil & Gas Midstream industry average of 14.3%.
You can research DCP's earnings and revenue performance here.
Who is buying/selling DCP?
In the last 12 months, executives and large shareholders at DCP have bought more shares than they have sold.
Don Baldridge, Interim CEO of DCP, was the latest DCP insider to sell. They sold $367,320.96 worth of DCP stock on Mar 3, 2023.
Get more info about who owns DCP shares here.
Does DCP stock generate passive income?
Dcp Midstream pays a dividend of 4.14%, compared to the Oil & Gas Midstream industry's average dividend yield of 6.86%. If you owned $1,000 of DCP stock, you would have been paid $41.37 in the past year.
Dcp Midstream dividend payments have not consistently grown over the past decade and have not remained stable.
Dig into more analysis about Dcp Midstream dividend yield and history here.
Get analysis from other traders
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Make your DCP trade
You have two main options:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are usually fine for most investors. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a particular price, use a limit order.
Hit the Open Trade button and your broker will execute your order.
If you want more assistance buying stocks on eToro, click the how to video below:
Step 6: Keep tabs on your DCP investment
Now that you own some DCP shares, you'll want to keep up with your new investment.
Create a watchlist to monitor your DCP stock.
DCP Feed
How to Buy Stock in Dcp Midstream
To summarize, here are the 6 steps to buy stock in Dcp Midstream:
- Decide where to buy Dcp Midstream stock
- Open a brokerage account
- Fund your brokerage account
- Evaluate Dcp Midstream stock
- Make your DCP trade
- Keep tabs on your DCP investment
If you require a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you want to keep track of your investment in Dcp Midstream, create a watchlist today.
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