DCP Midstream, DCP Midstream Partners to merge

DENVER: DCP Midstream LLC, a 50/50 joint venture between Phillips 66 and Spectra Energy, and DCP Midstream Partners LP have signed and closed a transaction combining all the assets and debt of DCP Midstream with DCP Midstream Partners, simplifying the corporate structure and creating the largest NGL producer and gas processor in the U. S. The combined company was renamed to DCP Midstream LP on Jan. 23, and the New York Stock Exchange stock ticker symbol was changed to DCP.

For more information, visit www.dcp midstream.com or call (303) 605-1707

IVS Investment Banking, BIC Alliance’s sister company, helps connect buyers, sellers and investors of energy-, construction-, and environmental-related companies with one another.

For more information about IVS’s merger and acquisition intermediary services, please contact John Zapalac or Thomas Brinsko at (281) 538-9996.