DCP Midstream Partners, LP is a midstream master limited partnership formed by DCP Midstream, LLC to own, operate, and continue to broaden our portfolio of complementary midstream assets. The Partnership gathers, treats, processes, transports, and markets natural gas and natural gas liquids (NGLs) and is a leading wholesale distributor of propane. Supported by our relationship with DCP Midstream, LLC, and its parents, Spectra Energy and ConocoPhillips, our geographically diverse assets, with strong market positions, and our mix of fee-based and substaintially hedged commodity-based margins, position the Partnership for the long term.