Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). DCP Midstream LP's share price for the quarter that ended in Mar. 2023 was $41.72. DCP Midstream LP's Shares Outstanding (EOP) for the quarter that ended in Mar. 2023 was 209 Mil. Therefore, DCP Midstream LP's market cap for the quarter that ended in Mar. 2023 was $8,701 Mil.
DCP Midstream LP's quarterly market cap
increased
from Sep. 2022 ($7,829 Mil) to Dec. 2022 ($8,084 Mil) and
increased
from Dec. 2022 ($8,084 Mil) to Mar. 2023 ($8,701 Mil).
DCP Midstream LP's annual market cap
increased
from Dec. 2020 ($3,859 Mil) to Dec. 2021 ($5,726 Mil) and
increased
from Dec. 2021 ($5,726 Mil) to Dec. 2022 ($8,084 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. DCP Midstream LP's Enterprise Value for Today is $13,697 Mil.
DCP Midstream LP Market Cap Historical Data
The historical data trend for DCP Midstream LP's Market Cap 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.
Competitive Comparison of DCP Midstream LP's Market Cap
For the Oil & Gas Midstream subindustry, DCP Midstream LP's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
DCP Midstream LP's Market Cap Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, DCP Midstream LP's Market Cap distribution charts can be found below:
* The bar in red indicates where DCP Midstream LP's Market Cap falls into.
DCP Midstream LP Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
DCP Midstream LP's Market Cap for the fiscal year that ended in Dec. 2022 is calculated as
* 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.
DCP Midstream LP (NYSE:DCP) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
DCP Midstream LP Market Cap Related Terms
Thank you for viewing the detailed overview of DCP Midstream LP's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
DCP Midstream LP (DCP Midstream LP) Business Description
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.
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