# DCP Midstream

**Source:** https://www.startuphub.ai/startups/dcp-midstream
**Profile type:** Startup

> Integrated midstream energy company focused on natural gas and NGLs, now part of Phillips 66.

## About

DCP Midstream operates a vast network of midstream energy assets, including pipelines, processing plants, and storage facilities, for natural gas and natural gas liquids (NGLs). The company was acquired by Phillips 66 in June 2023, integrating its operations into Phillips 66's broader energy portfolio.

## Key facts

- **Slug:** dcp-midstream
- **Website:** https://www.dcpmidstream.com/
- **Location:** Denver, United States
- **Founded:** 2000-01-01
- **Operating status:** Active
- **Total funding:** $8.9B
- **Sectors / tags:** Midstream Energy, Natural Gas, Natural Gas Liquids (NGLs), Pipeline Transportation, Gas Processing, Energy Infrastructure, Petroleum Industry, Energy Production, Healthcare
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/phillips66co
  - Facebook: https://www.facebook.com/Phillips66Co

## Frequently asked

### What does DCP Midstream do?

DCP Midstream operates a vast network of midstream energy assets, including pipelines, processing plants, and storage facilities, for natural gas and natural gas liquids (NGLs). The company was acquired by Phillips 66 in June 2023, integrating its operations into Phillips 66's broader energy portfolio.

### What is DCP Midstream's valuation?

StartupHub estimates DCP Midstream's effective valuation at $37.4B (range $22.3B to $53.4B, 22% confidence), based on comparable companies in the sector.

### How much funding has DCP Midstream raised?

DCP Midstream has raised a total of $8.9B in funding.

### Where is DCP Midstream headquartered?

DCP Midstream is headquartered in Denver, United States.

### When was DCP Midstream founded?

DCP Midstream was founded in 2000.

### What industry does DCP Midstream operate in?

DCP Midstream operates in Midstream Energy, Natural Gas, Natural Gas Liquids (NGLs), Pipeline Transportation, Gas Processing, Energy Infrastructure.

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