dpm-20200611



Delaware	001-32678	03-0567133
(State or other jurisdiction of incorporation)	(Commission File No.)	(IRS Employer Identification No.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Registrant under any of the following provisions:

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

Title of each class

Trading
Symbol(s)

Name of each exchange
on which registered

Common units representing limited partner interests

DCP

New York Stock Exchange

7.875% Series B Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units

DCP PRB

New York Stock Exchange

7.95% Series C Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units

DCP PRC

New York Stock Exchange


Item 5.02			Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Effective June 11, 2020, Mark Maki resigned as a member of the Board of Directors (the “Board”) of DCP Midstream GP, LLC (the “General Partner”), the general partner of the general partner of DCP Midstream, LP (the “Partnership”). Also effective June 11, 2020, DCP Midstream, LLC (“DCP Midstream”), the owner of the General Partner, appointed Stephen J. Neyland to the Board as a representative of Enbridge Inc. (“Enbridge”) to fill the vacancy created by the resignation of Mr. Maki. Mr. Neyland has not been appointed to any committee of the Board at this time.

Mr. Neyland currently serves as Vice President, Finance, Gas Transmission and Midstream of Enbridge. Since joining Enbridge in 2001, Mr. Neyland has held a variety of progressive leadership positions overseeing financial operations, financial reporting, risk management, and controls for a number of Enbridge's U.S. subsidiaries, including roles as the principal financial officer of several of Enbridge's publicly traded partnerships. Mr. Neyland brings over 25 years of experience in the energy industry having previously held positions at Koch Industries, KCS Energy, Inc., and Arthur Andersen & Co.

Mr. Neyland will not receive compensation for serving on the Board other than through his employment with Enbridge. Since the beginning of the Partnership's last fiscal year, Mr. Neyland and his immediate family members do not have any direct or indirect material interest in any existing or proposed transaction, arrangement, or relationship with the General Partner or the Partnership or any director or executive officer of the General Partner or immediate family member thereof in which the amount involved exceeds $120,000.

DCP Midstream owns 100% of the General Partner, which allows it to control the Partnership, and also owns approximately 57% of the Partnership. DCP Midstream is a joint venture equally owned by Enbridge and Phillips 66. For relationships among the Partnership, the General Partner, and DCP Midstream and its affiliates, see Item 13 “Certain Relationships and Related Transactions, and Director Independence”, which is incorporated herein by reference from the Partnership’s Annual Report on Form 10-K, filed with the Securities and Exchange Commission on February 21, 2020.

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: June 16, 2020			DCP MIDSTREAM, LP

			By: DCP MIDSTREAM GP, LP
			its general partner

			By: DCP MIDSTREAM GP, LLC
			its general partner

			By: /s/ Brent L. Backes
			Brent L. Backes
			Group Vice President and General Counsel

Document and Entity Information	Jun. 11, 2020
Cover [Abstract]
Document Type	8-K
Entity Registrant Name	DCP MIDSTREAM, LP
Entity Incorporation, State or Country Code	DE
Entity File Number	001-32678
Entity Tax Identification Number	03-0567133
Document Period End Date	Jun. 11, 2020
Entity Address, Address Line One	370 17th Street
Entity Address, Address Line Two	Suite 2500
Entity Address, City or Town	Denver
Entity Address, State or Province	CO
Entity Address, Postal Zip Code	80202
City Area Code	(303)
Local Phone Number	595-3331
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Amendment Flag	false
Entity Central Index Key	0001338065
Entity Emerging Growth Company	false
Document Period End Date	Jun. 11, 2020
Limited Partner [Member]
Security Exchange Name	NYSE
Title of 12(b) Security	Common units representing limited partner interests
Trading Symbol	DCP
Series B Preferred Limited Partners [Member]
Security Exchange Name	NYSE
Title of 12(b) Security	7.875% Series B Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units
Trading Symbol	DCP PRB
Series C Preferred Limited Partners [Member]
Security Exchange Name	NYSE
Title of 12(b) Security	7.95% Series C Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units
Trading Symbol	DCP PRC

Document and Entity Information

Jun. 11, 2020

Cover [Abstract]

Document Type

8-K

Entity Registrant Name

DCP MIDSTREAM, LP

Entity Incorporation, State or Country Code

Entity File Number

001-32678

Entity Tax Identification Number

03-0567133