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Re: badbass58 post# 14

Monday, 03/23/2020 8:26:57 AM

Monday, March 23, 2020 8:26:57 AM

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DCP Midstream to cut 2020 capex by 75%, slashes dividend

DCP Midstream (NYSE:DCP) cuts its 2020 growth capital program by 75% to $150M, down from its previous guidance midpoint of $600M, and chops its quarterly distribution in half to $0.39/unit from $0.78/unit, in response to "extraordinary and volatile market conditions."

---The Happy Trader

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