Should I buy or sell Crestwood Equity Partners stock right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Crestwood Equity Partners in the last year. There are currently 1 sell rating and 6 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "reduce" CEQP shares. View CEQP analyst ratings or view top-rated stocks .

What is Crestwood Equity Partners' stock price target for 2024?

7 brokers have issued 1-year price objectives for Crestwood Equity Partners' stock. Their CEQP share price targets range from $26.00 to $30.00. On average, they anticipate the company's stock price to reach $28.13 in the next twelve months. This suggests that the stock has a possible downside of 0.5%. View analysts price targets for CEQP or view top-rated stocks among Wall Street analysts .

How were Crestwood Equity Partners' earnings last quarter?

Crestwood Equity Partners LP (NYSE:CEQP) issued its earnings results on Tuesday, August, 1st. The pipeline company reported $1.16 earnings per share for the quarter, beating analysts' consensus estimates of $0.26 by $0.90. The pipeline company earned $1.02 billion during the quarter, compared to analysts' expectations of $1.19 billion. Crestwood Equity Partners had a net margin of 3.11% and a trailing twelve-month return on equity of 14.05%. During the same quarter last year, the company posted $0.14 EPS.

How often does Crestwood Equity Partners pay dividends? What is the dividend yield for Crestwood Equity Partners?

Crestwood Equity Partners announced a quarterly dividend on Thursday, October 12th. Investors of record on Monday, October 23rd will be paid a dividend of $0.655 per share on Tuesday, October 31st. This represents a $2.62 annualized dividend and a dividend yield of 9.27%. The ex-dividend date is Friday, October 20th. Read our dividend analysis for CEQP .

Is Crestwood Equity Partners a good dividend stock?

Crestwood Equity Partners (NYSE:CEQP) pays an annual dividend of $2.62 per share and currently has a dividend yield of 9.27%. CEQP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 281.72%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, CEQP will have a dividend payout ratio of 135.05% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for CEQP .

What ETFs hold Crestwood Equity Partners' stock?

ETFs with the largest weight of Crestwood Equity Partners (NYSE:CEQP) stock in their portfolio include GraniteShares HIPS US High Income ETF (HIPS) , ASYMmetric Smart Alpha S&P 500 ETF (ZSPY) , Invesco Zacks Multi-Asset Income ETF (CVY) and VanEck Energy Income ETF (EINC) . Alerian Energy Infrastructure ETF (ENFR) .

What is Robert G. Phillips' approval rating as Crestwood Equity Partners' CEO?

14 employees have rated Crestwood Equity Partners Chief Executive Officer Robert G. Phillips on Glassdoor.com . Robert G. Phillips has an approval rating of 65% among the company's employees.

What other stocks do shareholders of Crestwood Equity Partners own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Crestwood Equity Partners investors own include Energy Transfer (ET) , Enterprise Products Partners (EPD) , AT&T (T) , Pfizer (PFE) , Kinder Morgan (KMI) , Suburban Propane Partners (SPH) , New Residential Investment (NRZ) , ONEOK (OKE) , Intel (INTC) and Annaly Capital Management (NLY) .

NYSE:CEQP

Crestwood Equity Partners (CEQP) Stock Price, News & Analysis

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Notice: This company has been marked as potentially delisted and may not be actively trading.

Compare

Today's Range: $28.26
▼
$28.26
50-Day Range: $27.08
▼
$29.51
52-Week Range: $22.11
▼
$30.40

Volume: N/A
Average Volume: 573,742 shs
Market Capitalization: $2.97 billion

P/E Ratio: 30.39
Dividend Yield: 9.27%
Price Target: $28.13

Stock Analysis Analyst Forecasts Dividend Earnings Headlines Insider Trades Ownership Social Media

Get Crestwood Equity Partners alerts:

Crestwood Equity Partners MarketRank™ Stock Analysis

Analyst Rating: Reduce
1.86 Rating Score
Upside/Downside: 0.5% Downside
$28.13 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: -7.62%
From $2.10 to $1.94 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.12 out of 5 stars

Energy Sector

5th out of 6 stocks

Oil & Gas Midstream Industry

2nd out of 2 stocks

0.9

Analyst's Opinion

Consensus Rating
Crestwood Equity Partners has received a consensus rating of Reduce. The company's average rating score is 1.86, and is based on no buy ratings, 6 hold ratings, and 1 sell rating.
Amount of Analyst Coverage
Crestwood Equity Partners has received no research coverage in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for CEQP.

1.7

Dividend Strength

Dividend Leadership
Crestwood Equity Partners is a leading dividend payer. It pays a dividend yield of 9.27%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Crestwood Equity Partners has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of Crestwood Equity Partners is 281.72%. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on EPS estimates, Crestwood Equity Partners will have a dividend payout ratio of 135.05% in the coming year. This indicates that Crestwood Equity Partners may not be able to sustain their current dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CEQP.

0.0

News and Social Media Coverage

Search Interest
Only 1 people have searched for CEQP on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Crestwood Equity Partners insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 5.14% of the stock of Crestwood Equity Partners is held by insiders.
Percentage Held by Institutions
55.64% of the stock of Crestwood Equity Partners is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Crestwood Equity Partners are expected to decrease by -7.62% in the coming year, from $2.10 to $1.94 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Crestwood Equity Partners is 30.39, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.01.
Price to Earnings Ratio vs. Sector
The P/E ratio of Crestwood Equity Partners is 30.39, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 98.45.
Price to Book Value per Share Ratio
Crestwood Equity Partners has a P/B Ratio of 1.71. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Crestwood Equity Partners Stock (NYSE:CEQP)

Crestwood Equity Partners LP develops, acquires, owns, controls, and operates assets and operations in the energy midstream sector in the United States. The company operates through three segments: Gathering and Processing North; Gathering and Processing South; and Storage and Logistics. The Gathering and Processing North segment offers natural gas, crude oil, and produced water gathering, compression, treating, processing, and disposal services to producers in the Williston Basin and Powder River Basin. This segment owns and operates natural gas facilities with approximately 818 MMcf/d of gathering capacity and 775 MMcf/d of processing capacity; crude oil facilities with approximately 250 MBbls/d of gathering capacity and 496,000 Bbls of storage capacity; and produced water facilities with approximately 421 MBbls/d of gathering and disposal capacity. The Gathering and Processing South segment provides natural gas gathering, compression, treating, and processing; and produced water gathering and disposal services to producers in the Delaware basins. This segment owns and operates natural gas facilities with 1.1 Bcf/d of gathering capacity and 613 MMcf/d of processing capacity; crude oil facilities with approximately 90 MBbls/d of gathering capacity; and produced water facilities with approximately 354 MBbls/d of gathering and disposal capacity. The Storage and Logistics segment offers natural gas liquids, crude oil, and natural gas storage, terminal, marketing, and transportation, including rail, truck and pipeline services to producers, refiners, marketers, utilities, and other customers. Crestwood Equity GP LLC serves as the general partner of Crestwood Equity Partners LP. The company was formerly known as Inergy L.P. and changed its name to Crestwood Equity Partners LP in October 2013. Crestwood Equity Partners LP was incorporated in 2001 and is headquartered in Houston, Texas.

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CEQP Stock News Headlines

March 22, 2024 | seekingalpha.com

Energy Transfer: Still Discounted According To Graham

February 20, 2024 | investing.com

Exclusive-Occidental explores $18 billion-plus sale of Western Midstream, sources say

April 16, 2024 | Gold Safe Exchange (Ad)

Trump’s “Tax Free” Retirement Strategy

February 9, 2024 | health.usnews.com

Crestwood Medical Center

January 19, 2024 | seekingalpha.com

Rose's Income Garden: 27 Transaction Review In 2023

November 3, 2023 | finance.yahoo.com

Record Volumes Fueled Robust Results for This 9.5%-Yielding Dividend Stock

November 1, 2023 | finance.yahoo.com

Energy Transfer (ET) Q3 2023 Earnings Call Transcript

November 1, 2023 | finance.yahoo.com

Crestwood Preferred Unitholders Vote to Receive Energy Transfer Units

April 16, 2024 | Gold Safe Exchange (Ad)

Trump’s “Tax Free” Retirement Strategy

November 1, 2023 | finance.yahoo.com

Are Investors Undervaluing Crestwood Equity Partners (CEQP) Right Now?

November 1, 2023 | finance.yahoo.com

Energy Transfer and Crestwood Announce Preliminary Election Results of Crestwood Preferred Unitholders

October 30, 2023 | msn.com

Crestwood unitholders approve Energy Transfer takeover deal

October 30, 2023 | finance.yahoo.com

Crestwood Unitholders Approve Energy Transfer Transaction

October 24, 2023 | finance.yahoo.com

Crestwood Announces Receipt of Requisite Consents With Respect to its Previously Announced Consent Solicitation

October 23, 2023 | finance.yahoo.com

Energy Transfer and Crestwood Announce Election Deadline for Crestwood Preferred Unitholders to Elect Form of Merger Consideration

October 20, 2023 | finance.yahoo.com

Crestwood Equity Partners LP's Dividend Analysis

October 16, 2023 | msn.com

Is Crestwood Equity Partners (CEQP) Stock Undervalued Right Now?

October 13, 2023 | finance.yahoo.com

Why Crestwood Equity Partners LP (CEQP) is a Top Momentum Stock for the Long-Term

October 12, 2023 | msn.com

Crestwood Equity declares $0.655 dividend, & special cash distribution of $0.003/share

October 12, 2023 | finance.yahoo.com

Crestwood Announces Quarterly and Special Distributions

October 3, 2023 | stocknews.com

3 Energy Stocks You Should Start Investing in This Week

October 3, 2023 | seekingalpha.com

Crestwood Preferreds Consent Compensation Provides More Than Fair Value

September 29, 2023 | finance.yahoo.com

Crestwood Announces Filing of Definitive Proxy Statement in Connection with Pending Energy Transfer Transaction

September 29, 2023 | msn.com

Crestwood Equity Partners: Strong Value Potential As Acquisition Deal Is Finalizing

September 27, 2023 | finance.yahoo.com

Crestwood Announces Commencement of Consent Solicitation

September 15, 2023 | finance.yahoo.com

Why Crestwood Equity Partners LP (CEQP) is a Top Growth Stock for the Long-Term

August 31, 2023 | finance.yahoo.com

Crestwood Equity Partners LP (CEQP) Up 4.5% Since Last Earnings Report: Can It Continue?

See More Headlines

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Company Calendar

Last Earnings: 8/01/2023
Today: 4/16/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Energy
Industry: Oil & Gas Midstream
Sub-Industry: N/A
Current Symbol: NYSE:CEQP
CUSIP: N/A
CIK: 1136352
Web: www.crestwoodlp.com
Phone: (832) 519-2200
Fax: 832-519-2250
Employees: 753
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $28.13
High Stock Price Target: $30.00
Low Stock Price Target: $26.00
Potential Upside/Downside: -0.5%
Consensus Rating: Reduce
Rating Score (0-4): 1.86
Research Coverage: 7 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.93
Trailing P/E Ratio: 30.39
Forward P/E Ratio: 13.46
P/E Growth: N/A
Net Income: $31.30 million
Net Margins: 3.11%
Pretax Margin: 3.94%
Return on Equity: 14.05%
Return on Assets: 3.71%

Debt

Debt-to-Equity Ratio: 1.87
Current Ratio: 1.37
Quick Ratio: 1.10

Sales & Book Value

Annual Sales: $6.00 billion
Price / Sales: 0.49
Cash Flow: $3.65 per share
Price / Cash Flow: 7.75
Book Value: $16.53 per share
Price / Book: 1.71

Miscellaneous

Outstanding Shares: 105,100,000
Free Float: 99,694,000
Market Cap: $2.97 billion
Optionable: Optionable
Beta: 2.43

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Key Executives

Mr. Robert G. Phillips (Age 68)
Founder, Chairman & CEO of Crestwood Equity GP LLC
Comp: $1.75M
Mr. Robert Thornbury Halpin III (Age 39)
President
Comp: $1.24M
Mr. John Black (Age 35)
Executive VP & CFO
Comp: $689.98k
Mr. Joel Christian Lambert (Age 54)
Executive VP, Chief Legal & Compliance Officer
Comp: $848.26k
Mr. William H. Moore (Age 43)
Executive Vice President of Corporate Strategy
Comp: $931.14k
Mr. Diaco Aviki (Age 49)
Executive VP & COO
Ms. Deana Werkowitch
Senior Vice President of Audit, Technology & Implementation Services
Mr. Andrew Thorington
VP of Finance & Investor Relations
Ms. Joanne Howard
Senior Vice President of Sustainability & Corporate Communications
Mr. John Powell
Senior Vice President of Marketing, Supply & Logistics

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

CEQP Stock Analysis - Frequently Asked Questions

Should I buy or sell Crestwood Equity Partners stock right now?: 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Crestwood Equity Partners in the last year. There are currently 1 sell rating and 6 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "reduce" CEQP shares.
View CEQP analyst ratings or view top-rated stocks.
What is Crestwood Equity Partners' stock price target for 2024?: 7 brokers have issued 1-year price objectives for Crestwood Equity Partners' stock. Their CEQP share price targets range from $26.00 to $30.00. On average, they anticipate the company's stock price to reach $28.13 in the next twelve months. This suggests that the stock has a possible downside of 0.5%.
View analysts price targets for CEQP or view top-rated stocks among Wall Street analysts.
How were Crestwood Equity Partners' earnings last quarter?: Crestwood Equity Partners LP (NYSE:CEQP) issued its earnings results on Tuesday, August, 1st. The pipeline company reported $1.16 earnings per share for the quarter, beating analysts' consensus estimates of $0.26 by $0.90. The pipeline company earned $1.02 billion during the quarter, compared to analysts' expectations of $1.19 billion. Crestwood Equity Partners had a net margin of 3.11% and a trailing twelve-month return on equity of 14.05%. During the same quarter last year, the company posted $0.14 EPS.
How often does Crestwood Equity Partners pay dividends? What is the dividend yield for Crestwood Equity Partners?: Crestwood Equity Partners announced a quarterly dividend on Thursday, October 12th. Investors of record on Monday, October 23rd will be paid a dividend of $0.655 per share on Tuesday, October 31st. This represents a $2.62 annualized dividend and a dividend yield of 9.27%. The ex-dividend date is Friday, October 20th.
Read our dividend analysis for CEQP.

Is Crestwood Equity Partners a good dividend stock?: Crestwood Equity Partners (NYSE:CEQP) pays an annual dividend of $2.62 per share and currently has a dividend yield of 9.27%. CEQP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 281.72%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, CEQP will have a dividend payout ratio of 135.05% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for CEQP.
What ETFs hold Crestwood Equity Partners' stock?: ETFs with the largest weight of Crestwood Equity Partners (NYSE:CEQP) stock in their portfolio include GraniteShares HIPS US High Income ETF (HIPS), ASYMmetric Smart Alpha S&P 500 ETF (ZSPY), Invesco Zacks Multi-Asset Income ETF (CVY) and VanEck Energy Income ETF (EINC).Alerian Energy Infrastructure ETF (ENFR).
What is Robert G. Phillips' approval rating as Crestwood Equity Partners' CEO?: 14 employees have rated Crestwood Equity Partners Chief Executive Officer Robert G. Phillips on Glassdoor.com. Robert G. Phillips has an approval rating of 65% among the company's employees.
What other stocks do shareholders of Crestwood Equity Partners own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Crestwood Equity Partners investors own include Energy Transfer (ET), Enterprise Products Partners (EPD), AT&T (T), Pfizer (PFE), Kinder Morgan (KMI), Suburban Propane Partners (SPH), New Residential Investment (NRZ), ONEOK (OKE), Intel (INTC) and Annaly Capital Management (NLY).

This page (NYSE:CEQP) was last updated on 4/16/2024 by MarketBeat.com Staff

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Crestwood Equity Partners (CEQP) Stock Price, News & Analysis

Crestwood Equity Partners MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

Search Interest

Company Ownership

Earnings and Valuation

About Crestwood Equity Partners Stock (NYSE:CEQP)

CEQP Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

CEQP Stock Analysis - Frequently Asked Questions

Overall MarketRank^™