Why Units of DCP Midstream Rallied 40% in May

Why Units of DCP Midstream Rallied 40% in May

Units of MLP DCP Midstream (NYSE: DCP) surged 40.1% in May, according to data provided by S&P Global Market Intelligence. Fueling the rally were its first-quarter results and an improvement in the oil market. DCP Midstream reported surprisingly strong first-quarter results last month.