DCP Midstream, LP Reports Earnings Results for the Full Year Ended December 31, 2022

DCP Midstream, LP owns, operates, acquires, and develops a diversified portfolio of complementary midstream energy assets. The Company operates through two segments: Logistics and Marketing, and Gathering and Processing. Its Logistics and Marketing segment includes transporting, trading, marketing, and storing natural gas and natural gas liquids (NGLs), and fractionating NGLs. Its Gathering and Processing segment consists of gathering, compressing, treating, and processing natural gas, producing and fractionating natural gas liquids (NGLs), and recovering condensate. It provides its producer customers with gathering and processing services that allow them to move their raw (unprocessed) natural gas to market. Its NGL services include plant tailgate purchases, transportation, fractionation and price risk management. Its NGL pipelines transport NGLs from natural gas processing plants to fractionation facilities, petrochemical plants and a third-party underground NGL storage facility.