DCP Midstream is one of the largest natural gas gatherers and processors in the United States. The company manages a staff of more than 2,500 employees. It operates in Alabama, Arkansas, Colorado, Kansas, Louisiana, Maine, Massachusetts, Michigan, Mississippi, New Mexico, New York and Oklahoma. DCP Midstream owns and operates over 50 plants and nearly five fractionating facilities. The company serves petrochemical and refining companies. It operates DCP Midstream Partners, which is a publicly traded company. DCP Midstream offers baseload and swing services. It serves gas distribution companies and electrical utilities through DCP Midstream Marketing. The company also provides financial risk management solutions. DCP Midstream is a joint venture between Spectra Energy and ConocoPhillips.