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

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Crestwood Equity Partners in the last year. There are currently 2 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" CEQP shares.
View CEQP analyst ratings or view top-rated stocks.

8 brokers have issued 12 month price targets for Crestwood Equity Partners' stock. Their CEQP share price forecasts range from $28.00 to $32.00. On average, they expect the company's stock price to reach $29.88 in the next year. This suggests a possible upside of 16.4% from the stock's current price.
View analysts price targets for CEQP or view top-rated stocks among Wall Street analysts.

Crestwood Equity Partners' stock was trading at $26.19 at the beginning of 2023. Since then, CEQP stock has decreased by 2.0% and is now trading at $25.66.
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Crestwood Equity Partners saw a increase in short interest in May. As of May 15th, there was short interest totaling 5,540,000 shares, an increase of 7.2% from the April 30th total of 5,170,000 shares. Based on an average daily trading volume, of 536,800 shares, the days-to-cover ratio is currently 10.3 days.
View Crestwood Equity Partners' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 25th 2023.
View our CEQP earnings forecast.

Crestwood Equity Partners LP (NYSE:CEQP) announced its earnings results on Tuesday, May, 2nd. The pipeline company reported $0.15 earnings per share for the quarter, meeting the consensus estimate of $0.15. The pipeline company had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.51 billion. Crestwood Equity Partners had a net margin of 0.89% and a trailing twelve-month return on equity of 7.53%.

Crestwood Equity Partners declared a quarterly dividend on Thursday, April 20th. Stockholders of record on Monday, May 8th will be given a dividend of $0.655 per share on Monday, May 15th. This represents a $2.62 dividend on an annualized basis and a yield of 10.21%. The ex-dividend date of this dividend is Friday, May 5th.
Read our dividend analysis for CEQP.

ETFs with the largest weight of Crestwood Equity Partners (NYSE:CEQP) stock in their portfolio include InfraCap MLP ETF (AMZA), Alerian MLP ETF (AMLP), Global X MLP ETF (MLPA), GraniteShares HIPS US High Income ETF (HIPS), ASYMmetric Smart Alpha S&P 500 ETF (ZSPY), First Trust Multi-Asset Diversified Income Index Fund (MDIV), VanEck Energy Income ETF (EINC) and Arrow Dow Jones Global Yield ETF (GYLD).

Crestwood Equity Partners (NYSE:CEQP) pays an annual dividend of $2.62 per share and currently has a dividend yield of 10.48%. CEQP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for CEQP.

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.

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).

Crestwood Equity Partners trades on the New York Stock Exchange (NYSE) under the ticker symbol "CEQP."

Crestwood Equity Partners' stock is owned by many different retail and institutional investors. Top institutional shareholders include Bank of America Corp DE (2.74%), Mirae Asset Global Investments Co. Ltd. (2.68%), Tortoise Capital Advisors L.L.C. (2.41%), Clearbridge Investments LLC (2.35%), JPMorgan Chase & Co. (1.22%) and Chickasaw Capital Management LLC (0.87%). Insiders that own company stock include Energy Corp Chord, Gas Services Holding Crestwood, Joel Christian Lambert and William H Moore.
View institutional ownership trends.

Shares of CEQP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of CEQP stock can currently be purchased for approximately $25.66.

Crestwood Equity Partners (NYSE:CEQP) has a market capitalization of $2.70 billion and generates $6.00 billion in revenue each year. The pipeline company earns $31.30 million in net income (profit) each year or ($0.09) on an earnings per share basis.

The company employs 645 workers across the globe.

Crestwood Equity Partners' mailing address is 811 MAIN STREET SUITE 3400, HOUSTON TX, 77002. The official website for the company is www.crestwoodlp.com. The pipeline company can be reached via phone at (832) 519-2200, via email at investorrelations@crestwoodlp.com, or via fax at 832-519-2250.