DCP Midstream Announces Corporate Restructuring


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Today, Denver-based DCP Midstreamexecuted a reduction in force affecting approximately 20 percent of itsemployees in corporate staff functions. With this corporate restructuring, DCPMidstream will close its Oklahoma City regional office and reduce itsworkforce in its Tulsa and Midland offices, relocating functions in thoselocations primarily to its Denver headquarters and Houston regional office.DCP Midsteam Logo"DCP contributes to the country's energy vitality as the largest natural gasgatherer and processor and natural gas liquids producer. With a 90-yearhistory, we are repositioning ourselves for the long term and ensuring we havea sustainable workforce that meets our future needs," said chairman and CEOWouter van Kempen. "While this transition is difficult, we are establishingDCP for continued growth founded upon a culture of operational excellence."Since 2010, DCP has put in service approximately $4 billion of capitalprojects in the country's major producing basins. Having executed successfullyon this growth portfolio, DCP has proactively reorganized the company toensure its focus is on improving its operational reliability and efficiency.CONTACT: Roz ElliottOffice: 303-605-1707Cell: 303-882-1703

27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


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