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

$39.69
+1.81 (+4.78 %)
(As of 09/16/2019 10:06 AM ET)
Today's Range
$38.64
Now: $39.6899
$40.00
50-Day Range
$32.46
MA: $35.45
$38.10
52-Week Range
$26.55
Now: $39.6899
$39.15
Volume67,434 shs
Average Volume207,784 shs
Market Capitalization$2.85 billion
P/E Ratio189.00
Dividend Yield6.49%
Beta2
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. Read More…

Industry, Sector and Symbol

Industry Nonstore retailers
Sub-IndustryN/A
SectorOils/Energy
CUSIPN/A
Phone832-519-2200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.65 billion
Cash Flow$3.7728 per share
Book Value$19.96 per share

Profitability

Net Income$50.80 million

Miscellaneous

Employees843
Market Cap$2.85 billion
Next Earnings Date10/29/2019 (Estimated)
OptionableOptionable

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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 Thursday, July 18th. Investors of record on Wednesday, August 7th will be given a dividend of $0.60 per share on Wednesday, August 14th. This represents a $2.40 annualized dividend and a yield of 6.05%. The ex-dividend date of this dividend is Tuesday, August 6th. View Crestwood Equity Partners' Dividend History.

How were Crestwood Equity Partners' earnings last quarter?

Crestwood Equity Partners LP (NYSE:CEQP) released its quarterly earnings results on Tuesday, July, 30th. The pipeline company reported $0.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.01 by $0.05. The pipeline company earned $683.40 million during the quarter, compared to analyst estimates of $749.75 million. Crestwood Equity Partners had a net margin of 7.95% and a return on equity of 3.08%. Crestwood Equity Partners's quarterly revenue was down 18.7% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.57) 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 29th 2019. View Earnings Estimates for Crestwood Equity Partners.

What price target have analysts set for CEQP?

8 Wall Street analysts have issued 12-month price targets for Crestwood Equity Partners' shares. Their forecasts range from $38.00 to $46.00. On average, they anticipate Crestwood Equity Partners' share price to reach $41.8571 in the next year. This suggests a possible upside of 5.5% from the stock's current price. 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.

Has Crestwood Equity Partners been receiving favorable news coverage?

Headlines about CEQP stock have trended somewhat positive on Monday, InfoTrie Sentiment reports. The research group ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Crestwood Equity Partners earned a news sentiment score of 0.9 on InfoTrie's scale. They also assigned media stories about the pipeline company a news buzz of 1.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Crestwood Equity Partners.

Are investors shorting Crestwood Equity Partners?

Crestwood Equity Partners saw a drop in short interest in the month of August. As of August 31st, there was short interest totalling 2,566,200 shares, a drop of 7.8% from the July 31st total of 2,783,800 shares. Based on an average daily trading volume, of 269,800 shares, the days-to-cover ratio is presently 9.5 days. Currently, 5.2% of the company's shares are short sold. View Crestwood Equity Partners' Current Options Chain.

Who are some of Crestwood Equity Partners' key competitors?

What other stocks do shareholders of Crestwood Equity Partners own?

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 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

Who are Crestwood Equity Partners' major shareholders?

Crestwood Equity Partners' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Alps Advisors Inc. (6.01%), Kayne Anderson Capital Advisors LP (2.84%), UBS Group AG (2.81%), CIBC Private Wealth Group LLC (1.81%), JPMorgan Chase & Co. (1.13%) and Invesco Ltd. (1.11%). 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 major investors are selling Crestwood Equity Partners stock?

CEQP stock was sold by a variety of institutional investors in the last quarter, including UBS Group AG, Alps Advisors Inc., Bank of Montreal Can, Bank of America Corp DE, Brookfield Asset Management Inc., Morgan Stanley, CIBC Private Wealth Group LLC and Natixis. View Insider Buying and Selling for Crestwood Equity Partners.

Which major investors are buying Crestwood Equity Partners stock?

CEQP stock was bought by a variety of institutional investors in the last quarter, including Invesco Ltd., Kayne Anderson Capital Advisors LP, Wells Fargo & Company MN, Infrastructure Capital Advisors LLC, Perella Weinberg Partners Capital Management LP, Prime Capital Investment Advisors LLC, Allianz Asset Management GmbH and Cohen & Steers Inc.. 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, Robinhood, Fidelity and Charles Schwab.

What is Crestwood Equity Partners' stock price today?

One share of CEQP stock can currently be purchased for approximately $39.6899.

How big of a company is Crestwood Equity Partners?

Crestwood Equity Partners has a market capitalization of $2.85 billion and generates $3.65 billion in revenue each year. The pipeline company earns $50.80 million in net income (profit) each year or $0.21 on an earnings per share basis. Crestwood Equity Partners employs 843 workers across the globe.View Additional Information About Crestwood Equity Partners.

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:  2.1 out of 5 (star star)
Outperform Votes:  248 (Vote Outperform)
Underperform Votes:  345 (Vote Underperform)
Total Votes:  593
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 9/16/2019 by MarketBeat.com Staff

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