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2008 News & Events

This page contains press releases for DCP Midstream, LP. For DCP Midstream, LLC press releases, please click here.

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DateTitle  
12/30/08DCP Midstream Partners Announces Changes to Its Board of Directors
DENVER, Dec. 30 /PRNewswire-FirstCall/ -- DCP Midstream GP, LLC, the general partner of DCP Midstream Partners, LP (NYSE: DPM), or the General Partner, announced today the departure of Fred J. Fowler as a Spectra Energy representative to its board of directors and the appointment of Alan N. Harris to the board effective January 1, 2009. (Logo: http://www.newscom.com/cgi-bin/prnh/20080805/LATU124LOGO-b) "Fred Fowler announced his retirement from Spectra Energy last June, with an effective date... 
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12/17/08DCP Midstream Partners Announces Management Changes
DENVER, Dec. 17 /PRNewswire-FirstCall/ -- DCP Midstream Partners, LP (NYSE: DPM; the Partnership) today announced that effective January 5, 2009, Greg K. Smith, vice president, business development of the Partnership's general partner, will be moving to DCP Midstream, LLC (DCP Midstream), the owner of the Partnership's general partner, to become vice president, gas supply. Taking Mr. Smith's role at the Partnership will be Don Baldridge, currently vice president, corporate development for DCP Mi... 
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12/05/08DCP Midstream Partners to Host Conference Call December 8
DENVER, Dec. 5 /PRNewswire-FirstCall/ -- DCP Midstream Partners, LP (NYSE: DPM), or the Partnership, will host a conference call for investors and analysts Monday, December 8, at 8:30 a.m. EST, to provide management's and the general partner's outlook for the Partnership, including an operations update and a forecast that supports the Partnership's intent to maintain its current distribution. (Logo: http://www.newscom.com/cgi-bin/prnh/20080805/LATU124LOGO-b) The conference call can be accessed... 
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12/02/08DCP Midstream Partners to Present at Wachovia Capital Markets, LLC Pipeline & MLP Symposium
DENVER, Dec. 2 /PRNewswire-FirstCall/ -- DCP Midstream Partners, LP (NYSE: DPM), or the Partnership, today announced that Mark A. Borer, president and chief executive officer, will present at the Wachovia Capital Markets, LLC Pipeline & MLP Symposium at approximately 8:15 a.m. EST on Tuesday, December 9, 2008 at the Jumeirah Essex House in New York City. (Logo: http://www.newscom.com/cgi-bin/prnh/20080805/LATU124LOGO-b) To listen to a live audio webcast of the presentation and to view the ... 
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11/14/08DCP Midstream Partners to Present at RBC Capital Markets MLP Conference
DENVER, Nov. 14 /PRNewswire-FirstCall/ -- DCP Midstream Partners, LP (NYSE: DPM), or the Partnership, today announced that Mark A. Borer, president and chief executive officer, will present at the RBC Capital Markets MLP Conference at the Four Seasons Resort and Club in Irving, Texas, at 8:30 a.m. CST on Friday, November 21. Borer will participate in a panel on the Haynesville Shale gas play in Louisiana and the outlook for midstream needs as drilling activity continues in the area. (Logo: htt... 
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11/06/08DCP Midstream Partners Reports Third Quarter 2008 Results
Company Release - 11/06/2008 19:24 DENVER, Nov. 6 /PRNewswire-FirstCall/ -- DCP Midstream Partners, LP (NYSE: DPM), or the Partnership, today reported financial results for the three and nine months ended September 30, 2008. THIRD QUARTER AND YEAR-TO-DATE HIGHLIGHTS Three Months Ended Nine Months Ended September 30, September 30, 2008 2007 2008 ... 
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10/23/08DCP Midstream Partners Declares Quarterly Distribution
DENVER, Oct. 23 /PRNewswire-FirstCall/ -- DCP Midstream Partners, LP (NYSE: DPM) (the Partnership) today announced that the board of directors of its general partner declared a quarterly cash distribution of $0.60 per unit for the quarter ended Sept. 30, 2008. The distribution per unit is equal to the last quarterly distribution and a 9.1 percent increase over the quarterly distribution paid for the third quarter of 2007 of $0.55 per unit. The quarterly cash distribution will be paid on Nov. 14,... 
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10/16/08DCP Midstream Partners Announces Changes to Its Board of Directors
DENVER, Oct. 16 /PRNewswire-FirstCall/ -- DCP Midstream GP, LLC, the general partner of DCP Midstream Partners, LP (NYSE: DPM), or the General Partner, announced today the departure of Willie Chiang and Sig Cornelius as the ConocoPhillips representatives to its board of directors and the appointment of John E. Lowe and Gregory J. Goff to the board. ConocoPhillips owns 50 percent of the owner of the General Partner, DCP Midstream, LLC. Following these changes, the board members affiliated with th... 
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10/16/08DCP Midstream Partners to Release Third Quarter 2008 Results on November 6
DENVER, Oct. 16 /PRNewswire-FirstCall/ -- DCP Midstream Partners, LP (NYSE: DPM) will announce its earnings for the quarter ended Sept. 30, 2008, after the New York Stock Exchange closes for trading on Thursday, Nov. 6, 2008. An earnings conference call for investors and analysts is scheduled for 11 a.m. ET on Friday, Nov. 7, 2008. The conference call can be accessed via webcast through the Investor section of DCP Midstream Partners' Web site at http://www.dcppartners.com or by dialing 800-860-2... 
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10/15/08DCP Midstream Partners Provides Hurricanes and Wyoming Operations Update
DENVER, Oct. 15 /PRNewswire-FirstCall/ -- DCP Midstream Partners, LP (NYSE: DPM) (the Partnership) today announced an update assessment of the impact of hurricanes Gustav and Ike on its Discovery system as well as an update on the previously announced pipeline integrity project ongoing at its Douglas pipeline in Wyoming. As previously announced, Discovery's offshore gathering system sustained storm damage and is not accepting gas from offshore producers while repairs are being made. The Partner... 
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10/01/08DCP Midstream Partners Completes Acquisition of Gas Gathering, Treating and Transportation Assets in Michigan for $145 Million
Company Release - 10/01/2008 16:00 DENVER, Oct. 1 /PRNewswire-FirstCall/ -- DCP Midstream Partners, LP (NYSE: DPM) (the Partnership) today announced it has completed its previously announced acquisition of Michigan Pipeline & Processing, LLC (MPP), a privately held company engaged in natural gas gathering and treating services for natural gas produced from the Antrim Shale of northern Michigan and natural gas transportation within Michigan. The sellers are two privately held companies... 
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09/29/08DCP Midstream Partners to Present at Merrill Lynch Global Energy Mid and Small Cap Conference
DENVER, Sept. 29 /PRNewswire-FirstCall/ -- DCP Midstream Partners, LP (NYSE: DPM), or the Partnership, today announced that Mark A. Borer, president and chief executive officer, will present at the Merrill Lynch Global Energy Mid and Small Cap Conference at approximately 3:00 p.m. EDT on Thursday, Oct. 2, 2008, at the Merrill Lynch Conference and Client Center in New York City. (Logo: http://www.newscom.com/cgi-bin/prnh/20080805/LATU124LOGO-b) To listen to a live audio webcast of Mr. Borer's p... 
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09/24/08DCP Midstream Partners Reports Initial Assessment Following Hurricanes
DENVER, Sept. 24 /PRNewswire-FirstCall/ -- DCP Midstream Partners, LP (NYSE: DPM) (the Partnership) today announced an assessment of the impact of hurricanes Gustav and Ike on its operations. Both hurricanes made landfall along the Texas and Louisiana Gulf Coast in September. None of the Partnership's assets operated by DCP Midstream, LLC, the owner of the Partnership's general partner, sustained significant damage. Certain of the Partnership's facilities were fully or partially curtailed pendi... 
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09/11/08DCP Midstream Partners to Acquire Gas Gathering, Treating and Transportation Assets in Michigan for $145 Million
Company Release - 09/11/2008 08:45 DENVER, Sept. 11 /PRNewswire-FirstCall/ -- DCP Midstream Partners, LP (NYSE: DPM) (the Partnership) today announced it has entered into an agreement to purchase Michigan Pipeline & Processing, LLC (MPP), a privately held company engaged in natural gas gathering and treating services for natural gas produced from the Antrim Shale of northern Michigan and natural gas transportation within Michigan. The sellers are two privately held companies. Under t... 
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08/27/08DCP Midstream Partners Announces New Chairman and New Chief Financial Officer
DENVER, Aug. 27 /PRNewswire-FirstCall/ -- DCP Midstream GP, LLC, the general partner of DCP Midstream Partners, LP (NYSE: DPM), or the Partnership, today announced the appointment of Thomas C. O'Connor as chairman of its board of directors, replacing Fred J. Fowler effective September 1, 2008. Mr. Fowler remains on the Partnership's board of directors. (Logo: http://www.newscom.com/cgi-bin/prnh/20080805/LATU124LOGO-b) "We want to thank Fred for his leadership during a time of high growth at th... 
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08/26/08DCP Midstream Partners, Plains Exploration & Production, and Delta Petroleum to Expand Piceance Basin Gathering System for $150 Million
DENVER, Aug. 26 /PRNewswire-FirstCall/ -- DCP Midstream Partners, LP (NYSE: DPM) (the Partnership), operator and 70 percent owner of Collbran Valley Gas Gathering, LLC (CVGG), today announced that CVGG has entered into definitive agreements to invest approximately $150 million over a multi-year period to construct approximately 20 miles of 24 inch diameter gathering pipeline, compression and liquids handling facilities to support the increasing need for natural gas infrastructure in the Collbran... 
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08/07/08DCP Midstream Partners Reports Second Quarter 2008 Results
- Executing on significant organic growth opportunities in Piceance Basin and East Texas  - Natural gas services drives strong earnings  - Distribution up 13 percent over second quarter 2007, to $0.60 per unit  Company Release - 08/07/2008 17:28 DENVER, Aug. 7 /PRNewswire-FirstCall/ -- DCP Midstream Partners, LP (NYSE: DPM), or the Partnership, today reported financial results for the three and six months ended June 30, 2008. (Logo: http://www.newscom.com/cgi-bin/prnh... 
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08/05/08DCP Midstream and DCP Midstream Partners Announce Pipeline Extension in East Texas
DENVER, Aug. 5 /PRNewswire-FirstCall/ -- DCP Midstream, LLC and its master limited partnership DCP Midstream Partners, LP (NYSE: DPM), today announced a $56 million pipeline project which will extend their East Texas joint venture gathering footprint in southern Panola County and access volumes from the rapidly growing Minden Field in Rusk County. The 30-mile, 20 inch pipeline with a designed capacity of 175 million cubic feet per day (MMcf/d) will gather gas for processing at the joint venture'... 
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08/05/08DCP Midstream Partners and M2 Midstream Announce Joint Development Agreement For Haynesville Shale Intrastate Pipeline
DENVER and HOUSTON, Aug. 5 /PRNewswire-FirstCall/ -- DCP Midstream Partners, LP (NYSE: DPM), or DCP, and M2 Midstream LLC, or Momentum, today announced they have signed an agreement to pursue development of a new large diameter natural gas pipeline to move gas from the emerging Haynesville Shale play in North Louisiana. As an extension of DCP's Pelico Intrastate Pipeline, the new pipeline, named the Haynesville Connector, would originate in western DeSoto Parish and extend over 150 miles to Delh... 
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07/24/08DCP Midstream Partners Declares Increase in Quarterly Distribution
DENVER, July 24 /PRNewswire-FirstCall/ -- DCP Midstream Partners, LP (NYSE: DPM) today announced that the board of directors of its general partner declared a quarterly cash distribution of $0.60 per unit for the quarter ended June 30, 2008. This represents an increase of 1.7 percent over the last quarterly distribution of $0.59 per unit paid on May 15, 2008, and a 13.2 percent increase over the quarterly distribution paid for the second quarter of 2007 of $0.53 per unit. The quarterly cash dist... 
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07/08/08DCP Midstream Partners to Release Second Quarter 2008 Results on August 7
DENVER, July 8 /PRNewswire-FirstCall/ -- DCP Midstream Partners, LP (NYSE: DPM) will announce its earnings for the quarter ended June 30, 2008, after the New York Stock Exchange closes for trading on Thursday, Aug. 7, 2008. An earnings conference call for investors and analysts is scheduled for 11 a.m. ET on Friday, Aug. 8, 2008. The conference call can be accessed via webcast through the Investor section of DCP Midstream Partners' Web site at http://www.dcppartners.com or by dialing 800-860-244... 
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05/19/08DCP Midstream Partners to Present at 2008 Master Limited Partnership Investor Conference
DENVER, May 19 /PRNewswire-FirstCall/ -- DCP Midstream Partners, LP (NYSE: DPM), or the Partnership, today announced that Mark A. Borer, president and chief executive officer, will present at the 2008 Master Limited Partnership Investor Conference at approximately 1:45 p.m. EDT on Thursday, May 22, 2008, at the Crowne Plaza Times Square in New York City. To listen to a live audio webcast of Mr. Borer's presentation and to view the related presentation material, visit the Partnership's website a... 
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05/07/08DCP Midstream Partners Reports First Quarter 2008 Results
- Strong processing margins and throughput volumes drive performance  - Distribution increased to $0.59 per unit, up 27 percent over first quarter 2007  - Sponsor plans to offer to sell its 75 percent interest in East Texas joint venture to the Partnership  Company Release - 05/07/2008 18:13 DENVER, May 7 /PRNewswire-FirstCall/ -- DCP Midstream Partners, LP (NYSE: DPM), or the Partnership, today reported financial results for the three months ended March 31, 2008. CEO PE... 
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04/24/08DCP Midstream Partners Declares Increase in Quarterly Distribution; Invites Investors to First Quarter 2008 Earnings Call
DENVER, April 24 /PRNewswire-FirstCall/ -- DCP Midstream Partners, LP (NYSE: DPM) today announced that the board of directors of its general partner declared a quarterly cash distribution of $0.59 per unit for the quarter ended March 31, 2008. This represents an increase of 3.5 percent over the last quarterly distribution of $0.57 per unit paid on Feb. 14, 2008, and a 26.9 percent increase over the quarterly distribution paid for the first quarter of 2007 of $0.465 per unit. The quarterly cash d... 
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04/07/08DCP Midstream Partners Announces Chief Financial Officer Departure
DENVER, April 7, 2008 /PRNewswire-FirstCall/ -- DCP Midstream Partners, LP (NYSE: DPM) (the Partnership) today announced that Thomas E. Long, the vice president and chief financial officer of the Partnership's general partner, is resigning to join Matrix Service Company (Nasdaq: MTRX) as vice president and chief financial officer. Matrix Service Company of Tulsa, Oklahoma provides general industrial construction and repair and maintenance services principally to the petroleum, petrochemical, pow... 
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03/12/08DCP Midstream Partners Prices Public Offering of Common Units
DENVER, March 12 /PRNewswire-FirstCall/ -- DCP Midstream Partners, LP (NYSE: DPM) (the "Partnership") today announced that it has priced an underwritten public offering of 4,250,000 of its common units representing limited partner interests at $32.44 per unit. The offering is expected to close on March 17, 2008. The Partnership also granted the underwriters a 30-day option to purchase up to an additional 637,500 common units to satisfy any over-allotments. The Partnership expects net proceeds f... 
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03/11/08DCP Midstream Partners Announces Commencement of Public Offering of Common Units
DENVER, March 11 /PRNewswire-FirstCall/ -- DCP Midstream Partners, LP (NYSE: DPM) (the "Partnership") today announced that it has commenced, subject to market conditions, an underwritten public offering of approximately 4.25 million of its common units representing limited partner interests. The Partnership also intends to grant the underwriters a 30-day option to purchase up to approximately 637,500 additional common units to satisfy any over-allotments. The Partnership intends to use the net ... 
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03/10/08DCP Midstream Partners Files Annual Report on Form 10-K
DENVER, March 10 /PRNewswire-FirstCall/ -- DCP Midstream Partners, LP (NYSE: DPM) today announced that it has filed the partnership's Annual Report on Form 10-K for the year ended December 31, 2007, with the Securities and Exchange Commission. The report is also available for viewing and downloading through the partnership's Web site, http://www.dcppartners.com, under SEC Filings on the Investor page. In early April, a hard copy of the partnership's 10-K will be mailed to unitholders of record a... 
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02/20/08DCP Midstream Partners Reports Fourth Quarter and Year End 2007 Results
- Strategic acquisitions and strong operating results drive 33% distribution increase to unitholders in 2007  Company Release - 02/20/2008 21:27 DENVER, Feb. 20 /PRNewswire-FirstCall/ -- DCP Midstream Partners, LP (NYSE: DPM), or the Partnership, today reported financial results for the three and twelve months ended December 31, 2007. CEO PERSPECTIVE "We're very pleased with the value we provided to our unitholders in 2007, growing our quarterly distribution to $0.57 per unit for... 
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01/24/08DCP Midstream Partners Declares Increase in Quarterly Distribution; Invites Investors to Fourth Quarter and Year End 2007 Earnings Call
DENVER, Jan. 24 /PRNewswire-FirstCall/ -- DCP Midstream Partners, LP (NYSE: DPM) today announced that the board of directors of its general partner declared a quarterly cash distribution of $0.57 per unit for the quarter ended Dec. 31, 2007. This represents an increase of 3.6 percent over the last quarterly distribution of $0.55 per unit paid on Nov. 14, 2007, and a 32.6 percent increase over the quarterly distribution paid for the fourth quarter of 2006 of $0.43 per unit. The quarterly cash dis... 
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