NYSE:CEQP Crestwood Equity Partners (CEQP) Stock Forecast, Price & News $26.56 -0.06 (-0.23%) (As of 04:00 PM ET) Add Compare Share Share Today's Range$26.27▼$26.7350-Day Range$22.81▼$26.6252-Week Range$22.11▼$31.46Volume422,791 shsAverage Volume555,425 shsMarket Capitalization$2.80 billionP/E RatioN/ADividend Yield9.86%Price Target$29.88 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Crestwood Equity Partners MarketRank™ ForecastAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside12.4% Upside$29.88 Price TargetShort InterestBearish5.26% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.60Based on 10 Articles This WeekInsider TradingN/AProj. Earnings Growth120.51%From $0.78 to $1.72 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.86 out of 5 starsOils/Energy Sector195th out of 249 stocksGas Transmission & Distribution Industry5th out of 6 stocks 2.4 Analyst's Opinion Consensus RatingCrestwood Equity Partners has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 6 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $29.88, Crestwood Equity Partners has a forecasted upside of 12.4% from its current price of $26.58.Amount of Analyst CoverageCrestwood Equity Partners has only been the subject of 3 research reports in the past 90 days. Previous Next 0.0 Short Interest Percentage of Shares Shorted5.26% of the outstanding shares of Crestwood Equity Partners have been sold short.Short Interest Ratio / Days to CoverCrestwood Equity Partners has a short interest ratio ("days to cover") of 10.3, which indicates bearish sentiment.Change versus previous monthShort interest in Crestwood Equity Partners has recently increased by 7.16%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipCrestwood Equity Partners is a leading dividend payer. It pays a dividend yield of 9.92%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCrestwood Equity Partners has only been increasing its dividend for 1 years.Dividend SustainabilityBased on EPS estimates, Crestwood Equity Partners will have a dividend payout ratio of 152.33% in the coming year. This indicates that Crestwood Equity Partners may not be able to sustain their current dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CEQP. Previous Next 2.6 News and Social Media Coverage News SentimentCrestwood Equity Partners has a news sentiment score of 0.60. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 10 news articles for Crestwood Equity Partners this week, compared to 3 articles on an average week.Search InterestOnly 10 people have searched for CEQP on MarketBeat in the last 30 days. This is a decrease of -41% compared to the previous 30 days.MarketBeat Follows14 people have added Crestwood Equity Partners to their MarketBeat watchlist in the last 30 days. This is an increase of 180% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Crestwood Equity Partners insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 5.14% of the stock of Crestwood Equity Partners is held by insiders.Percentage Held by Institutions61.11% 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. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Crestwood Equity Partners are expected to grow by 120.51% in the coming year, from $0.78 to $1.72 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Crestwood Equity Partners is -295.33, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Crestwood Equity Partners is -295.33, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioCrestwood Equity Partners has a P/B Ratio of 1.61. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Crestwood Equity Partners (NYSE:CEQP) StockCrestwood Equity Partners LP engages in investment and management of energy midstream assets. It operates through the following segments: Gathering and Processing, Storage and Transportation, and Marketing, Supply, and Logistics. The Gathering and Processing segment provides gathering and transportation services, processing, treating, and compression services, and disposal services to producers in unconventional shale plays and tight-gas plays. The Storage and Transportation segment includes COLT Hub and equity investments in three joint ventures. The Marketing, Supply, and Logistics segment consists of natural gas liquids, crude oil, and natural gas marketing and logistics operations. The company was founded by Robert G. Phillips in October 2010 and is headquartered in Houston, TX.Read More Receive CEQP Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Crestwood Equity Partners and its competitors with MarketBeat's FREE daily newsletter. Email Address CEQP Stock News HeadlinesJune 9, 2023 | americanbankingnews.comBrokers Set Expectations for Crestwood Equity Partners LP's Q1 2024 Earnings (NYSE:CEQP)June 8, 2023 | americanbankingnews.comZacks Research Analysts Lift Earnings Estimates for Crestwood Equity Partners LP (NYSE:CEQP)June 9, 2023 | Behind the Markets (Ad)The single greatest medical breakthrough of all time?We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.June 7, 2023 | msn.comCrestwood Equity Partners: 10.2% Yield, 1.7x DCF Coverage, Low ValuationJune 2, 2023 | msn.comCrestwood Equity Partners Remains On Track Despite Bakken Weather ImpactJune 1, 2023 | finance.yahoo.comIs the Options Market Predicting a Spike in Crestwood Equity (CEQP) Stock?June 1, 2023 | finance.yahoo.comWhy Is Crestwood Equity Partners LP (CEQP) Up 5.8% Since Last Earnings Report?May 30, 2023 | markets.businessinsider.comStifel Nicolaus Keeps Their Buy Rating on Crestwood Equity (CEQP)June 9, 2023 | Vantage Point (Ad)Unlock Profit Potential: Find Hidden Trade Opportunities Using A.I.There’s a tool that scans and picks the best stocks…how you approach the trades is up to you. But when you’re forecasting 1 – 3 days in advance, it’s not really a guessing game. 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May 26, 2023 | americanbankingnews.comBrokerages Set Crestwood Equity Partners LP (NYSE:CEQP) Price Target at $29.88May 23, 2023 | americanbankingnews.comCrestwood Equity Partners LP Expected to Earn Q3 2023 Earnings of $0.08 Per Share (NYSE:CEQP)May 21, 2023 | americanbankingnews.comStifel Nicolaus Cuts Crestwood Equity Partners (NYSE:CEQP) Price Target to $29.00May 20, 2023 | americanbankingnews.comCrestwood Equity Partners (NYSE:CEQP) Coverage Initiated at StockNews.comMay 17, 2023 | msn.comStifel Maintains Crestwood Equity Partners LP - Unit (CEQP) Buy RecommendationMay 15, 2023 | finance.yahoo.comAntero Midstream (AM) Tops on Q1 Earnings, Lowers '23 Capex ViewMay 10, 2023 | msn.comCrestwood Equity Partners: Chronic Underperformer With Poor Distribution CoverageMay 10, 2023 | finance.yahoo.comCrestwood (CEQP) Stock Falls 3.8% Despite In-Line Q1 EarningsMay 4, 2023 | americanbankingnews.comCrestwood Equity Partners LP to Issue Quarterly Dividend of $0.66 (NYSE:CEQP)May 4, 2023 | americanbankingnews.comCrestwood Equity Partners LP (NYSE:CEQP) Declares $0.66 Quarterly DividendMay 3, 2023 | americanbankingnews.comShort Interest in Crestwood Equity Partners LP (NYSE:CEQP) Decreases By 10.3%May 3, 2023 | seekingalpha.comCrestwood: Steady As She GoesMay 2, 2023 | finance.yahoo.comCrestwood Equity Partners (CEQP) Q1 2023 Earnings Call TranscriptMay 2, 2023 | finance.yahoo.comCrestwood Announces First Quarter 2023 Financial and Operating ResultsMay 1, 2023 | americanbankingnews.comCrestwood Equity Partners (CEQP) Set to Announce Earnings on TuesdayMay 1, 2023 | americanbankingnews.comAnalysts Set Crestwood Equity Partners LP (NYSE:CEQP) Price Target at $30.00April 30, 2023 | americanbankingnews.comQ1 2023 EPS Estimates for Crestwood Equity Partners LP (NYSE:CEQP) Reduced by AnalystApril 28, 2023 | americanbankingnews.comStockNews.com Upgrades Crestwood Equity Partners (NYSE:CEQP) to HoldSee More Headlines CEQP Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CEQP Company Calendar Last Earnings5/02/2023Ex-Dividend for 5/15 Dividend5/05/2023Dividend Payable5/15/2023Today6/09/2023Next Earnings (Estimated)7/25/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Gas transmission & distribution Sub-IndustryN/A SectorOils/Energy Current SymbolNYSE:CEQP CUSIPN/A CIK1136352 Webwww.crestwoodlp.com Phone(832) 519-2200Fax832-519-2250Employees645Year FoundedN/APrice Target and Rating Average Stock Price Forecast$29.88 High Stock Price Forecast$32.00 Low Stock Price Forecast$28.00 Forecasted Upside/Downside+12.5%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)($0.09) Trailing P/E RatioN/A Forward P/E Ratio34.05 P/E GrowthN/ANet Income$31.30 million Net Margins0.89% Pretax Margin1.66% Return on Equity7.53% Return on Assets2.00% Debt Debt-to-Equity Ratio1.98 Current Ratio1.10 Quick Ratio0.88 Sales & Book Value Annual Sales$6.00 billion Price / Sales0.47 Cash Flow$3.67 per share Price / Cash Flow7.24 Book Value$16.53 per share Price / Book1.61Miscellaneous Outstanding Shares105,260,000Free Float99,850,000Market Cap$2.80 billion OptionableOptionable Beta2.49 Key ExecutivesRobert G. PhillipsChairman & Chief Executive OfficerRobert T. HalpinPresidentDiaco AvikiChief Operating Officer & Executive Vice PresidentJohn W. BlackChief Financial Officer & Executive Vice PresidentDeana WerkowitchSVP-Audit, Technology & Implementation ServicesKey CompetitorsNextDecadeNASDAQ:NEXTCNX ResourcesNYSE:CNXNorthern Oil and GasNYSE:NOGComstock ResourcesNYSE:CRKPlains GPNYSE:PAGPView All CompetitorsInsiders & InstitutionsJPMorgan Chase & Co.Sold 515,846 shares on 5/18/2023Ownership: 1.215%First Trust Advisors LPBought 36,837 shares on 5/16/2023Ownership: 0.163%Jane Street Group LLCSold 7,100 shares on 5/16/2023Ownership: 0.000%Apollon Wealth Management LLCBought 1,106 shares on 5/16/2023Ownership: 0.011%Chilton Capital Management LLCBought 900 shares on 5/16/2023Ownership: 0.009%View All Insider TransactionsView All Institutional Transactions CEQP Stock - Frequently Asked Questions Should I buy or sell Crestwood Equity Partners stock right now? 8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Crestwood Equity Partners in the last twelve months. There are currently 2 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CEQP shares. View CEQP analyst ratings or view top-rated stocks. What is Crestwood Equity Partners' stock price forecast for 2023? 8 Wall Street analysts have issued twelve-month target prices for Crestwood Equity Partners' shares. Their CEQP share price forecasts range from $28.00 to $32.00. On average, they expect the company's share price to reach $29.88 in the next year. This suggests a possible upside of 12.5% from the stock's current price. View analysts price targets for CEQP or view top-rated stocks among Wall Street analysts. How have CEQP shares performed in 2023? Crestwood Equity Partners' stock was trading at $26.19 on January 1st, 2023. Since then, CEQP shares have increased by 1.4% and is now trading at $26.56. View the best growth stocks for 2023 here. Are investors shorting Crestwood Equity Partners? Crestwood Equity Partners saw a increase in short interest in the month of 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 volume of 536,800 shares, the days-to-cover ratio is presently 10.3 days. View Crestwood Equity Partners' Short Interest. When is Crestwood Equity Partners' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 25th 2023. View our CEQP earnings forecast. How were Crestwood Equity Partners' earnings last quarter? Crestwood Equity Partners LP (NYSE:CEQP) released its earnings results on Tuesday, May, 2nd. The pipeline company reported $0.15 EPS for the quarter, meeting analysts' consensus estimates of $0.15. The pipeline company had revenue of $1.26 billion for the quarter, compared to analysts' expectations of $1.51 billion. Crestwood Equity Partners had a trailing twelve-month return on equity of 7.53% and a net margin of 0.89%. 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, April 20th. Investors 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 dividend yield of 9.86%. The ex-dividend date is Friday, May 5th. 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 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). 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 9.92%. 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. 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). What is Crestwood Equity Partners' stock symbol? Crestwood Equity Partners trades on the New York Stock Exchange (NYSE) under the ticker symbol "CEQP." Who are Crestwood Equity Partners' major shareholders? Crestwood Equity Partners' stock is owned by a variety of institutional and retail investors. Top institutional investors 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. How do I buy shares of Crestwood Equity Partners? 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. Compare Top Brokerages Here. What is Crestwood Equity Partners' stock price today? One share of CEQP stock can currently be purchased for approximately $26.56. How much money does Crestwood Equity Partners make? Crestwood Equity Partners (NYSE:CEQP) has a market capitalization of $2.80 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. How many employees does Crestwood Equity Partners have? The company employs 645 workers across the globe. How can I contact Crestwood Equity Partners? 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. This page (NYSE:CEQP) was last updated on 6/9/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Crestwood Equity Partners LP Please log in to your account or sign up in order to add this asset to your watchlist. 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