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

Crestwood Equity Partners' stock was trading at $8.50 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, CEQP stock has decreased by 55.3% and is now trading at $3.80. View which stocks have been mosted impacted by Coronavirus.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Crestwood Equity Partners in the last year. There are currently 1 hold rating and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Crestwood Equity Partners.

Crestwood Equity Partners is scheduled to release its next quarterly earnings announcement on Tuesday, May 5th 2020. View our earnings forecast for Crestwood Equity Partners.

Crestwood Equity Partners LP (NYSE:CEQP) released its quarterly earnings results on Tuesday, February, 18th. The pipeline company reported $0.28 earnings per share for the quarter, missing analysts' consensus estimates of $0.37 by $0.09. The pipeline company earned $839.70 million during the quarter, compared to analysts' expectations of $799.79 million. Crestwood Equity Partners had a net margin of 8.96% and a return on equity of 4.83%. The business's quarterly revenue was up 9.3% on a year-over-year basis. During the same period last year, the business posted $0.57 EPS. View Crestwood Equity Partners' earnings history.

Crestwood Equity Partners declared a quarterly dividend on Thursday, January 16th. Shareholders of record on Friday, February 7th will be given a dividend of $0.625 per share on Friday, February 14th. This represents a $2.50 annualized dividend and a yield of 65.79%. The ex-dividend date of this dividend is Thursday, February 6th. This is a positive change from Crestwood Equity Partners's previous quarterly dividend of $0.60. View Crestwood Equity Partners' dividend history.

6 Wall Street analysts have issued 12-month price objectives for Crestwood Equity Partners' stock. Their forecasts range from $5.00 to $46.00. On average, they expect Crestwood Equity Partners' stock price to reach $30.67 in the next year. This suggests a possible upside of 707.0% from the stock's current price. View analysts' price targets for Crestwood Equity Partners.

News stories about CEQP stock have trended very negative this week, according to InfoTrie Sentiment. The research group ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Crestwood Equity Partners earned a news impact score of -3.0 on InfoTrie's scale. They also assigned media stories about the pipeline company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news aboutCrestwood Equity Partners.

Crestwood Equity Partners saw a increase in short interest during the month of March. As of March 13th, there was short interest totaling 2,718,100 shares, an increase of 16.2% from the February 27th total of 2,340,000 shares. Based on an average daily trading volume, of 619,900 shares, the short-interest ratio is presently 4.4 days. Approximately 5.4% of the company's stock are short sold. View Crestwood Equity Partners' Current Options Chain.

Some companies that are related to Crestwood Equity Partners include SunPower (SPWR), Viper Energy Partners (VNOM), Canadian Solar (CSIQ), Delek US (DK), Murphy Oil (MUR), Dril-Quip (DRQ), Suburban Propane Partners (SPH), ARC Resources (AETUF), Comstock Resources (CRK), PBF Energy (PBF), BP Midstream Partners (BPMP), CNX Resources (CNX), Cactus (WHD), Southwestern Energy (SWN) and NuStar Energy (NS).

Based on aggregate information from My MarketBeat watchlists, some companies that other Crestwood Equity Partners investors own include Energy Transfer LP Unit (ET), Enterprise Products Partners (EPD), Suburban Propane Partners (SPH), AT&T (T), Exxon Mobil (XOM), Kinder Morgan (KMI), Medley Capital (MCC), NGL Energy Partners (NGL), Prospect Capital (PSEC) and Paypal (PYPL).

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

Crestwood Equity Partners' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Alps Advisors Inc. (8.23%), Goldman Sachs Group Inc. (6.76%), Tortoise Capital Advisors L.L.C. (3.09%), Tortoise Capital Advisors L.L.C. (3.09%), Brookfield Public Securities Group LLC (2.52%) and Bank of Montreal Can (1.67%). View institutional ownership trends for Crestwood Equity Partners.

CEQP stock was sold by a variety of institutional investors in the last quarter, including Kayne Anderson Capital Advisors LP, Goldman Sachs Group Inc., Teacher Retirement System of Texas, CIBC Private Wealth Group LLC, Infrastructure Capital Advisors LLC, Commonwealth of Pennsylvania Public School Empls Retrmt SYS, Catalyst Capital Advisors LLC, and Alps Advisors Inc.. View insider buying and selling activity for Crestwood Equity Partners.

CEQP stock was acquired by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Brookfield Public Securities Group LLC, Bank of America Corp DE, Tortoise Capital Advisors L.L.C., Tortoise Capital Advisors L.L.C., Cohen & Steers Inc., Credit Suisse AG, and Fort Washington Investment Advisors Inc. OH. View insider buying and selling activity for 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, Robinhood, Fidelity, and Charles Schwab.

One share of CEQP stock can currently be purchased for approximately $3.80.

Crestwood Equity Partners has a market capitalization of $276.37 million and generates $3.18 billion in revenue each year. The pipeline company earns $285.10 million in net income (profit) each year or $0.01 on an earnings per share basis. Crestwood Equity Partners employs 843 workers across the globe. View additional information about Crestwood Equity Partners.

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

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]