NYSE:CEQPCrestwood Equity Partners Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. Log In and Add $14.21 +0.32 (+2.30 %) (As of 05/29/2020 04:00 PM ET) Add Compare Share Today's Range$13.62Now: $14.21▼$14.6350-Day Range$4.74MA: $9.56▼$13.8952-Week Range$2.65Now: $14.21▼$40.00Volume1.66 million shsAverage Volume1.83 million shsMarket Capitalization$1.03 billionP/E Ratio6.13Dividend Yield18.00%Beta4.24 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Crestwood 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 2.9 billion cubic feet of natural gas/day (Bcf/d) of gathering capacity and 0.9 Bcf/d of processing capacity; with approximately 2.5 MMBbls of storage capacity, as well as portfolio of transportation assets with a capacity of transporting approximately 1.3 MMBbls/day of NGLs; and crude oil facilities with approximately 125,000 Bbls/d of gathering capacity, 1.9 million barrels of storage capacity, 20,000 Bbls/d of transportation capacity, and 180,000 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 1.6 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.Read More Beat the Market (BTM) Rank™ 4.3 Analyst's Opinion Consensus RatingCrestwood Equity Partners has received a consensus rating of Buy. The company's average rating score is 2.56, and is based on 5 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $21.44, Crestwood Equity Partners has a potential upside of 50.9% from its current price of $14.21.Amount of Analyst CoverageCrestwood Equity Partners has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.2 Community Rank Outperform VotesCrestwood Equity Partners has received 295 “outperform” votes. (Add your “outperform” vote.)Underperform VotesCrestwood Equity Partners has received 387 “underperform” votes. (Add your “underperform” vote.)Community SentimentCrestwood Equity Partners has received 56.74% “underperform” votes from our community.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. Previous Next 1.7 Dividend Strength Dividend LeadershipCrestwood Equity Partners is a leading dividend payer. It pays a dividend yield of 18.00%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCrestwood Equity Partners does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Crestwood Equity Partners is 25,000.00 %. Payout ratios above 75% are not desirable because they may not be sustainable. Previous Next 2.0 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 Insiders36.20% of the stock of Crestwood Equity Partners is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions62.43% 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 decrease in the coming year, from $0.43 to ($0.13) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Crestwood Equity Partners is 6.13, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 13.93.Price to Earnings Ratio vs. SectorThe P/E ratio of Crestwood Equity Partners is 6.13, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 8.80.Price to Book Value per Share RatioCrestwood Equity Partners has a P/B Ratio of 0.63. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 4.3Community Rank: 2.2Dividend Strength: 1.7Insider Behavior: 2.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.40 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Nonstore retailers Sub-IndustryN/A SectorOils/Energy Current SymbolNYSE:CEQP Previous Symbol CUSIPN/A CIK1136352 Webwww.crestwoodlp.com Phone832-519-2200Debt Debt-to-Equity Ratio1.44 Current Ratio1.02 Quick Ratio0.95Price-To-Earnings Trailing P/E Ratio6.13 Forward P/E Ratio33.05 P/E GrowthN/A Sales & Book Value Annual Sales$3.18 billion Price / Sales0.32 Cash Flow$3.96 per share Price / Cash Flow3.59 Book Value$22.57 per share Price / Book0.63Profitability EPS (Most Recent Fiscal Year)$0.01 Net Income$285.10 million Net Margins7.86% Return on Equity5.87% Return on Assets1.83%Miscellaneous Employees843 Outstanding Shares72,730,000Market Cap$1.03 billion Next Earnings Date8/4/2020 (Estimated) OptionableOptionable CEQP Rates by TradingView Receive CEQP News and Ratings via Email Sign-up to receive the latest news and ratings for CEQP and its competitors with MarketBeat's FREE daily newsletter. Crestwood Equity Partners (NYSE:CEQP) Frequently Asked Questions How has Crestwood Equity Partners' stock been impacted by COVID-19 (Coronavirus)? Crestwood Equity Partners' stock was trading at $8.50 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, CEQP stock has increased by 67.2% and is now trading at $14.21. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Crestwood Equity Partners? 9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Crestwood Equity Partners in the last year. There are currently 4 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Crestwood Equity Partners. When is Crestwood Equity Partners' next earnings date? Crestwood Equity Partners is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Crestwood Equity Partners. How were Crestwood Equity Partners' earnings last quarter? Crestwood Equity Partners LP (NYSE:CEQP) announced its earnings results on Tuesday, May, 5th. The pipeline company reported ($0.66) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.29 by $0.95. The pipeline company had revenue of $727.90 million for the quarter, compared to analyst estimates of $776.41 million. Crestwood Equity Partners had a return on equity of 5.87% and a net margin of 7.86%. The company's quarterly revenue was down 12.8% on a year-over-year basis. During the same quarter last year, the company posted ($0.07) earnings per share. View Crestwood Equity Partners' earnings history. How often does Crestwood Equity Partners pay dividends? What is the dividend yield for Crestwood Equity Partners? Crestwood Equity Partners declared a quarterly dividend on Thursday, April 16th. Shareholders of record on Friday, May 8th will be paid a dividend of $0.625 per share on Friday, May 15th. This represents a $2.50 annualized dividend and a dividend yield of 17.59%. The ex-dividend date of this dividend is Thursday, May 7th. View Crestwood Equity Partners' dividend history. What price target have analysts set for CEQP? 9 brokerages have issued 12 month price targets 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 $21.44 in the next twelve months. This suggests a possible upside of 50.9% from the stock's current price. View analysts' price targets for Crestwood Equity Partners. Has Crestwood Equity Partners been receiving favorable news coverage? News headlines about CEQP stock have been trending very negative on Saturday, InfoTrie Sentiment reports. The research firm identifies negative and positive news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Crestwood Equity Partners earned a daily sentiment score of -3.0 on InfoTrie's scale. They also gave media stories about the pipeline company a news buzz of 3.0 out of 10, indicating that recent news coverage is unlikely to have an impact on the company's share price in the near future. View the latest news aboutCrestwood Equity Partners. Are investors shorting Crestwood Equity Partners? Crestwood Equity Partners saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 4,380,000 shares, an increase of 5.0% from the April 15th total of 4,170,000 shares. Based on an average daily volume of 1,590,000 shares, the days-to-cover ratio is currently 2.8 days. Currently, 9.0% of the company's shares are short sold. View Crestwood Equity Partners' Current Options Chain. Who are some of Crestwood Equity Partners' key competitors? Some companies that are related to Crestwood Equity Partners include Parsley Energy (PE), Yanzhou Coal Mining (YZCAY), Ormat Technologies (ORA), Ultrapar Participacoes (UGP), TechnipFMC (FTI), EQT (EQT), Nextera Energy Partners (NEP), Murphy USA (MUSA), WPX Energy (WPX), Sasol (SSL), Braskem (BRKMY), Cimarex Energy (XEC), Sunoco (SUN), EXXARO RESOURCE/S (EXXAY) and TC Pipelines (TCP). View all competitors. 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 LP Unit (ET), Enterprise Products Partners (EPD), AT&T (T), Kinder Morgan (KMI), Exxon Mobil (XOM), EnLink Midstream (ENLC), Suburban Propane Partners (SPH), MFA FINL INC/SH (MFA), United Continental (UAL) and salesforce.com (CRM). Who are Crestwood Equity Partners' key executives? Crestwood Equity Partners' management team includes the following people: Mr. Robert G. Phillips, Chairman, Pres & CEO of Crestwood Equity GP LLC (Age 64)Mr. Robert Thornbury Halpin III, Exec. VP & CFO of Crestwood Equity GP LLC (Age 35)Mr. Steven Michael Dougherty, Sr. VP & Chief Accounting Officer of Crestwood Equity GP LLC (Age 46)Mr. William H. Moore, Sr. VP of Strategy & Corp. Devel. of Crestwood Equity GP LLC (Age 39)Mr. Josh Wannarka, VP of Investor Relations 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 number of retail and institutional investors. Top institutional investors include Alps Advisors Inc. (8.84%), Harvest Fund Advisors LLC (4.47%), Morgan Stanley (3.04%), Morgan Stanley (3.04%), American Financial Group Inc. (1.06%) and Cohen & Steers Inc. (0.58%). 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 Spirit of America Management Corp NY, Wells Fargo & Company MN, Commonwealth of Pennsylvania Public School Empls Retrmt SYS, JPMorgan Chase & Co., Invesco Ltd., Deutsche Bank AG, Castleark Management LLC, and NBW Capital LLC. View insider buying and selling activity for Crestwood Equity Partners. Which institutional investors are buying Crestwood Equity Partners stock? CEQP stock was bought by a variety of institutional investors in the last quarter, including Morgan Stanley, Morgan Stanley, American Financial Group Inc., Harvest Fund Advisors LLC, Alps Advisors Inc., Prime Capital Investment Advisors LLC, Catalyst Capital Advisors LLC, and Cohen & Steers Inc.. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab. What is Crestwood Equity Partners' stock price today? One share of CEQP stock can currently be purchased for approximately $14.21. How big of a company is Crestwood Equity Partners? Crestwood Equity Partners has a market capitalization of $1.03 billion 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. What is Crestwood Equity Partners' official website? The official website for Crestwood Equity Partners is 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] This page was last updated on 5/30/2020 by MarketBeat.com Staff
