NYSE:CEQP - Crestwood Equity Partners Stock Price, News, & Analysis

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$37.50 -0.05 (-0.13 %)
(As of 09/21/2018 04:00 PM ET)
Previous Close$37.50
Today's Range$36.70 - $37.7250
52-Week Range$22.15 - $40.55
Volume334,500 shs
Average Volume433,811 shs
Market Capitalization$2.67 billion
P/E Ratio-32.33
Dividend Yield6.39%
Beta2.64
Crestwood Equity Partners logoCrestwood Equity Partners LP provides infrastructure solutions to liquids-rich natural gas and crude oil shale plays in the United States. It operates through three segments: Gathering and Processing (G&P); Storage and Transportation (S&T); and Marketing, Supply and Logistics (MS&L). The G&P segment offers gathering and transportation services for natural gas, crude oil, and produced water; and processing, treating, and compression services. The S&T segment provides crude oil and natural gas storage and transportation services to producers, utilities, and other customers. The MS&L segment offers natural gas liquid (NGL) and crude oil storage, as well as marketing and transportation services to producers, refiners, marketers, and other customers. The company owns and operates natural gas facilities with approximately 2.4 billion cubic feet of natural gas/day (Bcf/d) of gathering capacity and 0.5 Bcf/d of processing capacity; NGL facilities with approximately 20,000 Bbls/d of fractionation capacity and 3.1 million barrels of storage capacity, as well as a portfolio of transportation assets with a capacity of transporting approximately 195,000 Bbls/d of NGLs; and crude oil facilities with approximately 125,000 Bbls/d of gathering capacity, 1.5 million barrels of storage capacity, 20,000 Bbls/d of transportation capacity, and 160,000 Bbls/d of rail loading capacity. It also has ownership interests in natural gas facilities with approximately 0.3 Bcf/d of gathering capacity, 0.2 Bcf/d of processing capacity, 75.8 Bcf of certificated working storage capacity, and 1.5 Bcf/d of transportation capacity; and crude oil facilities with approximately 380,000 Bbls of working storage capacity. 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 founded in 2001 and is headquartered in Houston, Texas.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Nonstore retailers
Sub-IndustryN/A
SectorOils/Energy
SymbolNYSE:CEQP
CUSIPN/A
Phone832-519-2200

Debt

Debt-to-Equity Ratio1.05
Current Ratio1.13
Quick Ratio0.96

Price-To-Earnings

Trailing P/E Ratio-32.33
Forward P/E Ratio416.67
P/E Growth86.65

Sales & Book Value

Annual Sales$3.88 billion
Price / Sales0.69
Cash Flow$2.5615 per share
Price / Cash14.64
Book Value$22.31 per share
Price / Book1.68

Profitability

EPS (Most Recent Fiscal Year)($1.16)
Net Income$-191,900,000.00
Net Margins-4.14%
Return on Equity-1.09%
Return on Assets-0.40%

Miscellaneous

Employees954
Outstanding Shares71,210,000
Market Cap$2.67 billion

Crestwood Equity Partners (NYSE:CEQP) Frequently Asked Questions

What is Crestwood Equity Partners' stock symbol?

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

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 Friday, July 20th. Stockholders of record on Tuesday, August 7th will be paid a dividend of $0.60 per share on Tuesday, August 14th. This represents a $2.40 annualized dividend and a dividend yield of 6.40%. The ex-dividend date is Monday, August 6th. View Crestwood Equity Partners' Dividend History.

How were Crestwood Equity Partners' earnings last quarter?

Crestwood Equity Partners LP (NYSE:CEQP) announced its quarterly earnings data on Tuesday, July, 31st. The pipeline company reported ($0.23) earnings per share for the quarter, missing the consensus estimate of ($0.07) by $0.16. The pipeline company earned $840.50 million during the quarter, compared to analyst estimates of $1.03 billion. Crestwood Equity Partners had a negative return on equity of 1.09% and a negative net margin of 4.14%. The firm's revenue for the quarter was down 1.2% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.28) earnings per share. View Crestwood Equity Partners' Earnings History.

When is Crestwood Equity Partners' next earnings date?

Crestwood Equity Partners is scheduled to release their next quarterly earnings announcement on Tuesday, October, 30th 2018. View Earnings Estimates for Crestwood Equity Partners.

What price target have analysts set for CEQP?

8 Wall Street analysts have issued twelve-month price targets for Crestwood Equity Partners' shares. Their predictions range from $32.00 to $40.00. On average, they expect Crestwood Equity Partners' stock price to reach $36.1429 in the next twelve months. This suggests that the stock has a possible downside of 3.6%. View Analyst Price Targets for Crestwood Equity Partners.

What is the consensus analysts' recommendation for Crestwood Equity Partners?

8 Wall Street 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, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Crestwood Equity Partners.

Who are some of Crestwood Equity Partners' key competitors?

Some companies that are related to Crestwood Equity Partners include Liberty Expedia Holdings Inc Series A (LEXEA), XO Group (XOXO), FTD Companies (FTD), SinglePoint (SING), Argitek (AGTK) and Soupman (SOUPQ).

Who are Crestwood Equity Partners' key executives?

Crestwood Equity Partners' management team includes the folowing people:
  • Mr. Robert G. Phillips, Chairman, Pres & CEO of Crestwood Equity GP LLC (Age 63)
  • Mr. Robert Thornbury Halpin III, Exec. VP & CFO of Crestwood Equity GP LLC (Age 34)
  • Mr. J. Heath Deneke, Exec. VP & COO of Crestwood Equity GP LLC (Age 44)
  • Mr. Steven Michael Dougherty, Sr. VP & Chief Accounting Officer of Crestwood Equity GP LLC (Age 45)
  • Mr. William H. Moore, Sr. VP of Strategy & Corp. Devel. of Crestwood Equity GP LLC (Age 38)

Who are Crestwood Equity Partners' major shareholders?

Crestwood Equity Partners' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include OppenheimerFunds Inc. (6.09%), Alps Advisors Inc. (5.70%), Kayne Anderson Capital Advisors LP (2.42%), Perella Weinberg Partners Capital Management LP (1.62%), Advisors Asset Management Inc. (1.56%) and Bank of Montreal Can (1.51%). Company insiders that own Crestwood Equity Partners stock include Joel Christian Lambert and Robert Thornbury Halpin III. View Institutional Ownership Trends for Crestwood Equity Partners.

Which institutional investors are selling Crestwood Equity Partners stock?

CEQP stock was sold by a variety of institutional investors in the last quarter, including OppenheimerFunds Inc., Kayne Anderson Capital Advisors LP, Bank of America Corp DE, Creative Planning, Clear Harbor Asset Management LLC, Bramshill Investments LLC, Intrinsic Edge Capital Management LLC and Cbre Clarion Securities LLC. View Insider Buying and Selling for Crestwood Equity Partners.

Which institutional investors are buying Crestwood Equity Partners stock?

CEQP stock was acquired by a variety of institutional investors in the last quarter, including Alps Advisors Inc., Advisors Asset Management Inc., Perella Weinberg Partners Capital Management LP, Commonwealth of Pennsylvania Public School Empls Retrmt SYS, Renaissance Technologies LLC, Bank of Montreal Can, GSA Capital Partners LLP and State of New Jersey Common Pension Fund D. View Insider Buying and Selling for Crestwood Equity Partners.

How do I buy shares of Crestwood Equity Partners?

Shares of CEQP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Crestwood Equity Partners' stock price today?

One share of CEQP stock can currently be purchased for approximately $37.50.

How big of a company is Crestwood Equity Partners?

Crestwood Equity Partners has a market capitalization of $2.67 billion and generates $3.88 billion in revenue each year. The pipeline company earns $-191,900,000.00 in net income (profit) each year or ($1.16) on an earnings per share basis. Crestwood Equity Partners employs 954 workers across the globe.

What is Crestwood Equity Partners' official website?

The official website for Crestwood Equity Partners is http://www.crestwoodlp.com.

How can I contact Crestwood Equity Partners?

Crestwood Equity Partners' mailing address is 811 MAIN STREET SUITE 3400, HOUSTON TX, 77002. The pipeline company can be reached via phone at 832-519-2200 or via email at [email protected]


MarketBeat Community Rating for Crestwood Equity Partners (NYSE CEQP)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  201 (Vote Outperform)
Underperform Votes:  304 (Vote Underperform)
Total Votes:  505
MarketBeat's community ratings are surveys of what our community members think about Crestwood Equity Partners and other stocks. Vote "Outperform" if you believe CEQP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CEQP will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/22/2018 by MarketBeat.com Staff

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