NYSE:CEQP Crestwood Equity Partners (CEQP) Stock Forecast, Price & News $29.25 +0.04 (+0.14%) (As of 09/29/2023 ET) Add Compare Share Share Today's Range$29.02▼$29.4250-Day Range$25.53▼$29.4552-Week Range$22.11▼$31.46Volume500,199 shsAverage Volume648,047 shsMarket Capitalization$3.08 billionP/E Ratio31.45Dividend Yield8.96%Price Target$28.13 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Crestwood Equity Partners MarketRank™ ForecastAnalyst RatingReduce1.88 Rating ScoreUpside/Downside3.8% Downside$28.13 Price TargetShort InterestHealthy1.51% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.90Based on 9 Articles This WeekInsider TradingN/AProj. Earnings Growth-7.62%From $2.10 to $1.94 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.1.92 out of 5 starsOils/Energy Sector199th out of 248 stocksGas Transmission & Distribution Industry6th out of 6 stocks 1.9 Analyst's Opinion Consensus RatingCrestwood Equity Partners has received a consensus rating of Reduce. The company's average rating score is 1.88, and is based on no buy ratings, 7 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $28.13, Crestwood Equity Partners has a forecasted downside of 3.8% from its current price of $29.25.Amount of Analyst CoverageCrestwood Equity Partners has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.51% 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 2.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Crestwood Equity Partners has recently decreased by 17.19%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipCrestwood Equity Partners is a leading dividend payer. It pays a dividend yield of 8.97%, 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 CoverageThe dividend payout ratio of Crestwood Equity Partners is 281.72%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased 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. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CEQP. Previous Next 2.7 News and Social Media Coverage News SentimentCrestwood Equity Partners has a news sentiment score of 0.90. 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 is a higher news sentiment than the 0.66 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 9 news articles for Crestwood Equity Partners this week, compared to 3 articles on an average week.Search InterestOnly 4 people have searched for CEQP on MarketBeat in the last 30 days. This is a decrease of -56% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Crestwood Equity Partners to their MarketBeat watchlist in the last 30 days. This is a decrease of -88% compared to the previous 30 days. Previous Next 0.8 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 Institutions55.64% 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. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings 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 MarketThe P/E ratio of Crestwood Equity Partners is 31.45, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 110.97.Price to Earnings Ratio vs. SectorThe P/E ratio of Crestwood Equity Partners is 31.45, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 13.15.Price to Book Value per Share RatioCrestwood Equity Partners has a P/B Ratio of 1.77. 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 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.Read More CEQP Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CEQP Stock News HeadlinesSeptember 29, 2023 | finance.yahoo.comCrestwood Announces Filing of Definitive Proxy Statement in Connection with Pending Energy Transfer TransactionSeptember 29, 2023 | msn.comCrestwood Equity Partners: Strong Value Potential As Acquisition Deal Is FinalizingSeptember 30, 2023 | Porter and Company (Ad)Top Analyst Exposes Imminent Crisis Hurtling Towards AmericaThe man who warned of the dot-com blow up, the 2008 housing collapse, and the loss of America’s AAA rating makes a shocking prediction…September 27, 2023 | finance.yahoo.comCrestwood Announces Commencement of Consent SolicitationSeptember 27, 2023 | americanbankingnews.comCrestwood Equity Partners (NYSE:CEQP) Coverage Initiated at StockNews.comSeptember 25, 2023 | americanbankingnews.comCrestwood Equity Partners LP (NYSE:CEQP) Given Consensus Rating of "Reduce" by AnalystsSeptember 24, 2023 | americanbankingnews.comCrestwood Equity Partners (NYSE:CEQP) Sees Strong Trading VolumeSeptember 15, 2023 | finance.yahoo.comWhy Crestwood Equity Partners LP (CEQP) is a Top Growth Stock for the Long-TermSeptember 30, 2023 | Porter and Company (Ad)Top Analyst Exposes Imminent Crisis Hurtling Towards AmericaThe man who warned of the dot-com blow up, the 2008 housing collapse, and the loss of America’s AAA rating makes a shocking prediction…August 31, 2023 | finance.yahoo.comCrestwood Equity Partners LP (CEQP) Up 4.5% Since Last Earnings Report: Can It Continue?August 29, 2023 | finance.yahoo.comHere's Why Crestwood Equity Partners LP (CEQP) is a Strong Growth StockAugust 26, 2023 | msn.comRaymond James Downgrades Crestwood Equity Partners LP - Unit (CEQP)August 25, 2023 | markets.businessinsider.comThe Latest Analyst Ratings for Crestwood Equity PartnersAugust 24, 2023 | finance.yahoo.comOil & Gas Stock Roundup: M&A Activity Takes Center StageAugust 22, 2023 | stocknews.com4 Energy Stocks Keeping Wall Street HookedAugust 18, 2023 | msn.comTruist Securities Downgrades Crestwood Equity Partners LP - Unit (CEQP)August 18, 2023 | seekingalpha.comEnergy Transfer's Massive Purchase Of Crestwood Equity Partners Makes SenseAugust 17, 2023 | msn.comWells Fargo Downgrades Crestwood Equity Partners LP - Unit (CEQP)August 17, 2023 | finance.yahoo.comEquinor (EQNR) Hires Drilling Rig for Bay du Nord ProjectAugust 17, 2023 | finance.yahoo.comCrestwood (CEQP) Signs Deal to Divest Stakes in All-Stock DealAugust 17, 2023 | finance.yahoo.comEnergy Transfer Is Adding More Fuel to Grow Its Nearly 10%-Yielding Payout With This $7.1 Billion DealAugust 17, 2023 | seekingalpha.comCrestwood Equity To Become Part Of Energy Transfer EmpireAugust 16, 2023 | markets.businessinsider.comSHAREHOLDER NOTICE: Brodsky & Smith Announces an Investigation of Crestwood Equity Partners LP (CEQP)August 16, 2023 | finance.yahoo.comPipeline Company Energy Transfer to Buy Crestwood in $7.1 Billion DealAugust 16, 2023 | finance.yahoo.comTexas Pipeline Firm Energy Transfer Adds to Shale Holdings in $7.1 Billion DealAugust 16, 2023 | finance.yahoo.comEnergy Transfer to buy Crestwood for $7.1bn in latest US pipeline dealAugust 16, 2023 | finance.yahoo.comSunoco majority owner will pay $7.1B to acquire Crestwood Equity Partners, which had merged with InergySee More Headlines 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 Company Calendar Last Earnings8/01/2023Ex-Dividend for 8/14 Dividend8/04/2023Dividend Payable8/14/2023Today9/30/2023Next Earnings (Estimated)11/01/2023Fiscal 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) 519-2200Fax832-519-2250Employees753Year FoundedN/APrice Target and Rating Average Stock Price Forecast$28.13 High Stock Price Forecast$30.00 Low Stock Price Forecast$26.00 Forecasted Upside/Downside-3.8%Consensus RatingReduce Rating Score (0-4)1.88 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$0.93 Trailing P/E Ratio31.45 Forward P/E Ratio13.93 P/E GrowthN/ANet Income$31.30 million Net Margins3.11% Pretax Margin3.94% Return on Equity14.05% Return on Assets3.71% Debt Debt-to-Equity Ratio1.87 Current Ratio1.37 Quick Ratio1.10 Sales & Book Value Annual Sales$6.00 billion Price / Sales0.51 Cash Flow$3.65 per share Price / Cash Flow8.01 Book Value$16.53 per share Price / Book1.77Miscellaneous Outstanding Shares105,240,000Free Float99,833,000Market Cap$3.08 billion OptionableOptionable Beta2.44 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.Get This Free Report Key ExecutivesMr. Robert G. Phillips (Age 68)Founder, Chairman & CEO of Crestwood Equity GP LLC Comp: $1.75MMr. Robert Thornbury Halpin III (Age 39)Pres Comp: $1.24MMr. John Black (Age 35)Exec. VP & CFO Comp: $689.98kMr. Joel Christian Lambert (Age 54)Exec. VP, Chief Legal & Compliance Officer Comp: $848.26kMr. William H. Moore (Age 43)Exec. VP of Corp. Strategy Comp: $931.14kMr. Diaco Aviki (Age 49)Exec. VP & COO Ms. Deana WerkowitchSr. VP of Audit, Technology & Implementation ServicesMr. Andrew ThoringtonVP of Fin. & Investor RelationsMs. Joanne HowardSr. VP of Sustainability & Corp. CommunicationsMr. John PowellSr. VP of Marketing, Supply & LogisticsMore ExecutivesKey CompetitorsNextDecadeNASDAQ:NEXTPatterson-UTI EnergyNASDAQ:PTENCONSOL EnergyNYSE:CEIXPeabody EnergyNYSE:BTUArch ResourcesNYSE:ARCHView All CompetitorsInstitutional OwnershipBROOKFIELD Corp ON Bought 369,554 shares on 9/26/2023Ownership: 0.764%Barclays PLCSold 280,961 shares on 9/21/2023Ownership: 0.284%Wolverine Trading LLCBought 300 shares on 8/23/2023Ownership: 0.000%Osaic Holdings Inc.Bought 73,641 shares on 8/21/2023Ownership: 0.248%Royal Bank of CanadaBought 1,550 shares on 8/15/2023Ownership: 0.064%View All Institutional Transactions CEQP Stock - Frequently Asked Questions Should I buy or sell Crestwood Equity Partners stock right now? 8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Crestwood Equity Partners in the last twelve months. There are currently 1 sell rating and 7 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "reduce" 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 1 year price targets for Crestwood Equity Partners' stock. Their CEQP share price forecasts range from $26.00 to $30.00. On average, they predict the company's stock price to reach $28.13 in the next twelve months. This suggests that the stock has a possible downside of 3.8%. 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 at the beginning of 2023. Since then, CEQP stock has increased by 11.7% and is now trading at $29.25. View the best growth stocks for 2023 here. Are investors shorting Crestwood Equity Partners? Crestwood Equity Partners saw a decline in short interest in the month of September. As of September 15th, there was short interest totaling 1,590,000 shares, a decline of 17.2% from the August 31st total of 1,920,000 shares. Based on an average daily volume of 561,700 shares, the days-to-cover ratio is currently 2.8 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 Wednesday, November 1st 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, August, 1st. The pipeline company reported $1.16 earnings per share for the quarter, topping the consensus estimate of $0.26 by $0.90. The pipeline company had revenue of $1.02 billion for the quarter, compared to analyst estimates 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 period in the previous year, the business earned $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, July 20th. Stockholders of record on Monday, August 7th will be paid a dividend of $0.655 per share on Monday, August 14th. This represents a $2.62 annualized dividend and a dividend yield of 8.96%. The ex-dividend date is Friday, August 4th. 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), KFA Value Line Dynamic Core Equity Index ETF (KVLE), First Trust Multi-Asset Diversified Income Index Fund (MDIV) and Invesco Zacks Multi-Asset Income ETF (CVY). 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 8.97%. 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). What is Crestwood Equity Partners' stock symbol? Crestwood Equity Partners trades on the New York Stock Exchange (NYSE) under the ticker symbol "CEQP." 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 $29.25. How much money does Crestwood Equity Partners make? Crestwood Equity Partners (NYSE:CEQP) has a market capitalization of $3.08 billion and generates $6.00 billion in revenue each year. The pipeline company earns $31.30 million in net income (profit) each year or $0.93 on an earnings per share basis. How many employees does Crestwood Equity Partners have? The company employs 753 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 9/30/2023 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. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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