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DCP Midstream LP (DCP Midstream LP) Retained Earnings : $0 Mil (As of Mar. 2023)


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What is DCP Midstream LP Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. DCP Midstream LP's retained earnings for the quarter that ended in Mar. 2023 was $0 Mil.


DCP Midstream LP Retained Earnings Historical Data

The historical data trend for DCP Midstream LP's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

DCP Midstream LP Retained Earnings Chart

DCP Midstream LP Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Retained Earnings
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DCP Midstream LP Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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DCP Midstream LP Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


DCP Midstream LP  (NYSE:DCP) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


DCP Midstream LP (DCP Midstream LP) Business Description

Traded in Other Exchanges
N/A
Address
6900 E. Layton Avenue, Suite 900, Denver, CO, USA, 80237
DCP Midstream LP is primarily a gathering and processor partnership with major asset bases in the Permian, Scoop/Stack, Eagle Ford, and DJ Basin. It also has investments in the Sand Hills natural gas liquids pipeline as well as the Gulf Coast Express gas pipeline, which both serve the growing Permian basin. The company's segment includes Logistics and Marketing and Gathering and Processing. It generates maximum revenue from the Logistics and Marketing segment.
Executives
Scott Richard Delmoro officer: Principal Financial Officer 6900 E. LAYTON AVE, SUITE 900, DENVER CO 80237
Timothy D. Roberts director C/O PHILLIPS 66 PARTNERS LP, 3010 BRIARPARK DRIVE, HOUSTON TX 77042
Clifford Todd Denton director 2331 CITYWEST BLVD., HOUSTON TX 77042
Phillips 66 Co 10 percent owner 2331 CITYWEST BLVD., HOUSTON TX 77042
66 Phillips 10 percent owner 2331 CITYWEST BLVD., HOUSTON TX 77042
Phillips 66 Project Development Inc. 10 percent owner P.O. BOX 4428, HOUSTON TX 77210
Phillips 66 Project Shareholder Inc. 10 percent owner 2331 CITYWEST BLVD., HOUSTON TX 77042
Phillips Gas Co Llc 10 percent owner 2331 CITYWEST BLVD., HOUSTON TX 77042
Kevin J Mitchell director 3010 BRIARPARK DRIVE, HOUSTON TX 77042
William L. Johnson officer: President 370 17TH STREET, SUITE 2500, DENVER CO 80202
George R. Green officer: Group VP & General Counsel 370 17TH STREET, SUITE 2500, DENVER CO 80202
Heather Crowder director 370 17TH STREET, SUITE 2500, DENVER CO 80202
Stephen J Neyland director 5400 WESTHEIMER COURT, HOUSTON TX 77056
Sean O'brien officer: Group Vice President and CFO 370 17TH STREET, SUITE 2500, DENVER CO 80202
Richard A. Loving officer: Vice President and Controller 370 17TH STREET, SUITE 2500, DENVER CO 80202