DCP Midstream LP filed SEC Form 8-K: Regulation FD Disclosure, Financial Statements and Exhibits
$DCP
Natural Gas Distribution
Public Utilities
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of report (date of earliest event reported): July 14, 2023
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Item 7.01 Regulation FD Disclosure.
On July 14, 2023, the Board of Directors of the general partner of DCP Midstream, LP (NYSE: DCP PRC) (the “Partnership”) declared a quarterly Series C Preferred Unit cash distribution of $0.4969 per unit to be paid on October 16, 2023 to preferred unitholders of record at the close of business on October 2, 2023.
This statement is intended to be a qualified notice under United States Treasury Regulation Section 1.1446-4(b). Brokers and nominees should treat one hundred percent (100.00%) of the Partnership’s distributions to non-U.S. investors as being attributable to income that is effectively connected with a United States trade or business. Accordingly, the Partnership’s distributions to non-U.S. investors are subject to federal income tax withholding at the highest applicable effective tax rate.
Pursuant to United States Treasury Regulation Section 1.1446(f)-4(c)(2)(iii) on amounts realized, one hundred percent (100.00%) of the Partnership’s distribution is in excess of cumulative net income. Nominees, and not the Partnership, are treated as the withholding agents responsible for withholding on the distributions received by them on behalf of non-U.S. investors.
The information set forth in this Item 7.01 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
| Exhibit No. | Description | |||||||
| 101 | Cover Page formatted as Inline XBRL. | |||||||
| 104 | Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101). | |||||||
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: July 14, 2023
| DCP MIDSTREAM, LP | |||||||||||
| By: | DCP MIDSTREAM GP, LP, | ||||||||||
| its General Partner | |||||||||||
| By: | DCP MIDSTREAM GP, LLC, | ||||||||||
| its General Partner | |||||||||||
| By: | /s/ Scott R. Delmoro | ||||||||||
| Name: | Scott R. Delmoro | ||||||||||
| Title: | Interim Chief Financial Officer | ||||||||||