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

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$32.14 +0.84 (+2.68 %)
(As of 01/18/2019 12:36 PM ET)
Previous Close$31.30
Today's Range$31.30 - $32.28
52-Week Range$25.10 - $40.55
Volume5,912 shs
Average Volume368,322 shs
Market Capitalization$2.22 billion
P/E Ratio-27.35
Dividend Yield7.70%
Beta2.16
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 2.4 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

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.88 billion
Cash Flow$2.6453 per share
Book Value$22.31 per share

Profitability

Net Income$-191,900,000.00

Miscellaneous

Employees954
Market Cap$2.22 billion
OptionableOptionable

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 declared a quarterly dividend on Friday, October 19th. Stockholders of record on Wednesday, November 7th will be given a dividend of $0.60 per share on Wednesday, November 14th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 7.47%. The ex-dividend date of this dividend is Tuesday, November 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 results on Tuesday, October, 30th. The pipeline company reported ($0.34) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.02) by $0.32. The pipeline company had revenue of $930.20 million for the quarter, compared to analysts' expectations of $845.40 million. Crestwood Equity Partners had a positive return on equity of 0.59% and a negative net margin of 3.53%. The business's revenue was down 2.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.72) 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, February 19th 2019. View Earnings Estimates for Crestwood Equity Partners.

What price target have analysts set for CEQP?

9 equities research analysts have issued 12 month price objectives for Crestwood Equity Partners' shares. Their forecasts range from $34.00 to $43.00. On average, they anticipate Crestwood Equity Partners' share price to reach $38.8750 in the next year. This suggests a possible upside of 21.0% from the stock's current price. View Analyst Price Targets for Crestwood Equity Partners.

What is the consensus analysts' recommendation for 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 3 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?

Press coverage about CEQP stock has been trending somewhat positive recently, InfoTrie reports. The research firm identifies positive and negative news coverage by analyzing more than six thousand blog and news sources. 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 daily sentiment score of 0.7 on InfoTrie's scale. They also assigned headlines about the pipeline company a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next several days.

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 64)
  • Mr. Robert Thornbury Halpin III, Exec. VP & CFO of Crestwood Equity GP LLC (Age 35)
  • Mr. J. Heath Deneke, Exec. VP & COO of Crestwood Equity GP LLC (Age 45)
  • 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)

Who are Crestwood Equity Partners' major shareholders?

Crestwood Equity Partners' stock is owned by a number of of retail and institutional investors. Top institutional investors include Spirit of America Management Corp NY (0.41%) and Virtu Financial LLC (0.03%). 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 Virtu Financial 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 Spirit of America Management Corp NY. 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 $32.14.

How big of a company is Crestwood Equity Partners?

Crestwood Equity Partners has a market capitalization of $2.22 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:  215 (Vote Outperform)
Underperform Votes:  319 (Vote Underperform)
Total Votes:  534
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 1/18/2019 by MarketBeat.com Staff

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