Replies to post #14 on DCP Midstream Partners, LP (DCP)

[leftovers]

In case you haven't notice DCP has been reporting loses from those operations. There is no way they will continue to pay out .78

When stocks fall 70-80% they cut or shut down the dividend stream. Oils will remain dead as inventories overflow from the global shutdown.

Just the SAD Facts

[leftovers]

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."