DCP Midstream Operating LP, founded in 2005 and headquartered in Denver, Colorado, is a prominent midstream company focused on natural gas and natural gas liquids services. The firm operates an extensive network of gathering, processing, and transportation assets, playing a critical role in the energy value chain in key North American markets.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| DCP 5.38% 2025-07-15 USDDCP Midstream Operating LP | United States | 2025-07-15 | 5.375 | 0.00 |
| DCP 5.63% 2027-07-15 USDDCP Midstream Operating LP | United States | 2027-07-15 | 5.625 | 4.28 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
DCP Midstream began issuing bonds early in its operations, with notable issuances including a $1 billion bond offering in 2014 to finance expansions and integrate assets. As of 2023, the company's bonds yield approximately 4.5%, competitive within the midstream sector. Their bonds typically feature solid investment-grade ratings, reflecting the company’s stable cash flows and strategic market position. Recent news includes a successful bond refinancing initiative which further strengthens their balance sheet amid fluctuating energy prices.