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S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Dell Technologies breaks out ahead of earnings release
The REAL Reason Americans Keep Falling Behind (Ad)
Dropbox’s stock is a falling knife worth catching
Novavax’s dispute resolution and upcoming earnings call
The REAL Reason Americans Keep Falling Behind (Ad)
Stock ideas from the 2024 Microcap Conference
Warner Bros. Discover: Debt down, profits up, yet questions remain
Free Stock Analysis Report: See The True Value of Any Stock (Ad)
Gloom settles over Germany's economy, with businesses downbeat about the coming months
Sprouts, Block rise; Booking Holdings, Insulet fall, Friday, 2/23/2024
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Dell Technologies breaks out ahead of earnings release
The REAL Reason Americans Keep Falling Behind (Ad)
Dropbox’s stock is a falling knife worth catching
Novavax’s dispute resolution and upcoming earnings call
The REAL Reason Americans Keep Falling Behind (Ad)
Stock ideas from the 2024 Microcap Conference
Warner Bros. Discover: Debt down, profits up, yet questions remain
Free Stock Analysis Report: See The True Value of Any Stock (Ad)
Gloom settles over Germany's economy, with businesses downbeat about the coming months
Sprouts, Block rise; Booking Holdings, Insulet fall, Friday, 2/23/2024
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Dell Technologies breaks out ahead of earnings release
The REAL Reason Americans Keep Falling Behind (Ad)
Dropbox’s stock is a falling knife worth catching
Novavax’s dispute resolution and upcoming earnings call
The REAL Reason Americans Keep Falling Behind (Ad)
Stock ideas from the 2024 Microcap Conference
Warner Bros. Discover: Debt down, profits up, yet questions remain
Free Stock Analysis Report: See The True Value of Any Stock (Ad)
Gloom settles over Germany's economy, with businesses downbeat about the coming months
Sprouts, Block rise; Booking Holdings, Insulet fall, Friday, 2/23/2024
NYSE:CEQP

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

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

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.

0.14 out of 5 stars

Energy Sector

5th out of 6 stocks

Oil & Gas Midstream Industry

1st out of 1 stocks


CEQP stock logo

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.


CEQP Stock News Headlines

Crestwood Medical Center
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Rose's Income Garden: 27 Transaction Review In 2023
Energy Transfer (ET) Q3 2023 Earnings Call Transcript
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
Crestwood Unitholders Approve Energy Transfer Transaction
Crestwood Equity Partners LP's Dividend Analysis
Crestwood Announces Quarterly and Special Distributions
Crestwood Announces Commencement of Consent Solicitation
See More Headlines
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Company Calendar

Last Earnings
8/01/2023
Today
2/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Energy
Industry
Oil & Gas Midstream
Sub-Industry
N/A
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

Net Income
$31.30 million
Pretax Margin
3.94%

Debt

Sales & Book Value

Annual Sales
$6.00 billion
Cash Flow
$3.65 per share
Book Value
$16.53 per share

Miscellaneous

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














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 analysts have issued 12 month price targets for Crestwood Equity Partners' stock. Their CEQP share price targets range from $26.00 to $30.00. On average, they predict the company's stock price to reach $28.13 in the next year. 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) posted its quarterly earnings data on Tuesday, August, 1st. The pipeline company reported $1.16 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.26 by $0.90. The pipeline company had revenue of $1.02 billion for the quarter, compared to the consensus estimate 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 business 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. Stockholders of record on Monday, October 23rd will be given a dividend of $0.655 per share on Tuesday, October 31st. This represents a $2.62 annualized dividend and a 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 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).

Who are Crestwood Equity Partners' major shareholders?

Crestwood Equity Partners' stock is owned by many different retail and institutional investors. Top institutional shareholders include Citadel Advisors LLC (0.00%), PEAK6 Investments LLC (0.00%), Concourse Financial Group Securities Inc. (0.00%) and Cutler Group LLC CA (0.00%). Insiders that own company stock include Energy Corp Chord, Gas Services Holding Crestwood, Joel Christian Lambert and William H Moore.
View institutional ownership trends
.

This page (NYSE:CEQP) was last updated on 2/24/2024 by MarketBeat.com Staff