Stratrix
On the Record · DCP Midstream

DCP Midstream acquisitions, on the record

The businesses DCP Midstream bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
wholesale propane business
Word for word“Loss on Sale of Assets, net — The loss on sale of assets in 2019 represents the sale of our wholesale propane business and other non-core assets.” 10-K for 2020
divestiture2019—
James Lake System and a 120MMcf/d cryogenic processing facility
Word for word“In the third quarter of 2022 we completed the acquisition of the James Lake System and a 120MMcf/d cryogenic processing facility that provides connectivity to the Delaware and Midland Basins.” 10-K for 2022
acquisitionthird quarter of 2022—
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)
2016-12-31$0
2020-12-31$0
2021-12-31$0
2022-12-31−$161 million

Deal filings since 2016

Read from DCP Midstream’s annual reports (10-K for 2022, 10-K for 2021, 10-K for 2020) and the financial data it files with the SEC, as of 2023-02-17. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.