DCP Midstream Partners, LP (DCP)

[Timothy Smith]

"Now onto the first quarter, another strong quarter with great results, adjusted EBITDA was up 17% to $162 million and DCF was up 15% to $ 140 million. These results were driven primarily by the continued strong fee based growth associated with a ramp up of our NGL pipelines and strong results from our wholesale propane business. And our long term growth projects the Keathley Canyon connector was placed into service in the DJ Basin, we're near on completion on the Lucerne 2 Plant and we began construction on the Grand Parkway gathering project and the Panola pipeline expansion project is on the way in East Texas."

DCP Midstream Partners' (DPM) CEO Wouter van Kempen on Q1 2015 Results - Earnings Call Transcript $DPM
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