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DCP Midstream LP (DCP Midstream LP) 12-1 Month Momentum % : 25.15% (As of May. 05, 2024)


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What is DCP Midstream LP 12-1 Month Momentum %?

12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-05-05), DCP Midstream LP's 12-1 Month Momentum % is 25.15%.

The industry rank for DCP Midstream LP's 12-1 Month Momentum % or its related term are showing as below:

DCP's 12-1 Month Momentum % is not ranked
in the Oil & Gas industry.
Industry Median: 5.58 vs DCP: 25.15

Competitive Comparison of DCP Midstream LP's 12-1 Month Momentum %

For the Oil & Gas Midstream subindustry, DCP Midstream LP's 12-1 Month Momentum %, along with its competitors' market caps and 12-1 Month Momentum % 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 12-1 Month Momentum % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, DCP Midstream LP's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where DCP Midstream LP's 12-1 Month Momentum % falls into.



DCP Midstream LP  (NYSE:DCP) 12-1 Month Momentum % Calculation

12-1 Month Momentum % is calculated as following:

12-1 Month Momentum %=( Price 1-month ago / Price 12-month ago - 1 ) * 100 %

* 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) 12-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 12-1 Month Momentum % measures the total return to a stock over the past twelve months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.


DCP Midstream LP 12-1 Month Momentum % Related Terms

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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

DCP Midstream LP (DCP Midstream LP) Headlines