DCP Midstream is a prominent midstream energy company based in Denver, Colorado, specializing in the gathering, processing, logistics, and marketing of natural gas and natural gas liquids (NGLs). Established in 2005, the company operates a vast network that includes 64 processing plants and around 67,500 miles of integrated pipelines. It serves major gas and liquids basins in the United States, such as the Permian, Midcontinent, Niobrara, Denver-Julesburg, and Eagle Ford.

The company provides a range of services, including natural gas gathering and processing, NGL fractionation, storage, transportation, and marketing. DCP Midstream's infrastructure supports a comprehensive value chain, ensuring efficient capture, processing, and delivery of natural gas and NGLs. Its products include processed natural gas and various NGLs like ethane, propane, butane, and natural gasoline, catering to customers such as petrochemical manufacturers and refiners. DCP Midstream is majority-owned by Phillips 66, enhancing its capabilities and competitive position in the energy sector.