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

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$32.30 +0.50 (+1.57 %)
(As of 12/16/2018 10:02 AM ET)
Previous Close$32.30
Today's Range$31.58 - $32.92
52-Week Range$24.80 - $40.55
Volume860,503 shs
Average Volume324,165 shs
Market Capitalization$2.30 billion
P/E Ratio-27.84
Dividend Yield7.43%
Beta2.44
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

Stock Exchange NYSE
Industry Nonstore retailers
Sub-IndustryN/A
SectorOils/Energy
Current SymbolNYSE:CEQP
Previous Symbol
CUSIPN/A
Phone832-519-2200

Debt

Debt-to-Equity Ratio1.18
Current Ratio1.10
Quick Ratio0.91

Price-To-Earnings

Trailing P/E Ratio-27.84
Forward P/E Ratio-146.82
P/E GrowthN/A

Sales & Book Value

Annual Sales$3.88 billion
Price / Sales0.59
Cash Flow$2.5655 per share
Price / Cash Flow12.59
Book Value$22.31 per share
Price / Book1.45

Profitability

EPS (Most Recent Fiscal Year)($1.16)
Net Income$-191,900,000.00
Net Margins-3.53%
Return on Equity0.59%
Return on Assets0.21%

Miscellaneous

Employees954
Outstanding Shares71,220,000
Market Cap$2.30 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. Shareholders 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 annualized dividend and a yield of 7.43%. The ex-dividend date 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 data on Tuesday, October, 30th. The pipeline company reported ($0.34) EPS for the quarter, missing the Zacks' consensus estimate of ($0.02) by $0.32. The pipeline company earned $930.20 million during the quarter, compared to the consensus estimate 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 company's revenue for the quarter was down 2.7% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.72) EPS. 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 analysts have issued 12 month price targets for Crestwood Equity Partners' stock. Their forecasts range from $32.00 to $40.00. On average, they expect Crestwood Equity Partners' stock price to reach $37.50 in the next twelve months. This suggests a possible upside of 16.1% 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 4 hold ratings and 5 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?

Media stories about CEQP stock have trended somewhat positive recently, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Crestwood Equity Partners earned a news sentiment score of 1.0 on InfoTrie's scale. They also gave headlines about the pipeline company a news buzz of 4.0 out of 10, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next few 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 63)
  • Mr. Robert Thornbury Halpin III, Exec. VP & CFO of Crestwood Equity GP LLC (Age 34)
  • Mr. J. Heath Deneke, Exec. VP & COO of Crestwood Equity GP LLC (Age 44)
  • Mr. Steven Michael Dougherty, Sr. VP & Chief Accounting Officer of Crestwood Equity GP LLC (Age 45)
  • Mr. William H. Moore, Sr. VP of Strategy & Corp. Devel. of Crestwood Equity GP LLC (Age 38)

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 Alps Advisors Inc. (6.07%), Advisory Research Inc. (2.88%), Bank of Montreal Can (1.33%), Brookfield Asset Management Inc. (1.23%), JPMorgan Chase & Co. (1.05%) and JPMorgan Chase & Co. (1.05%). 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 Perella Weinberg Partners Capital Management LP, JPMorgan Chase & Co., JPMorgan Chase & Co., Renaissance Technologies LLC, Bank of Montreal Can, LPL Financial LLC, Brookfield Asset Management Inc. and GSA Capital Partners LLP. View Insider Buying and Selling for Crestwood Equity Partners.

Which institutional investors are buying Crestwood Equity Partners stock?

CEQP stock was purchased by a variety of institutional investors in the last quarter, including Advisory Research Inc., Mirae Asset Global Investments Co. Ltd., Commonwealth of Pennsylvania Public School Empls Retrmt SYS, Wells Fargo & Company MN, Alps Advisors Inc., Jennison Associates LLC, Virtus Alternative Investment Advisers Inc. and Virtus ETF Advisers LLC. 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 $32.30.

How big of a company is Crestwood Equity Partners?

Crestwood Equity Partners has a market capitalization of $2.30 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:  211 (Vote Outperform)
Underperform Votes:  315 (Vote Underperform)
Total Votes:  526
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 12/16/2018 by MarketBeat.com Staff

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