NYSE:CEQP - Crestwood Equity Partners Stock Price, Price Target & More

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$34.80 -0.40 (-1.14 %)
(As of 07/20/2018 04:00 PM ET)
Previous Close$34.80
Today's Range$34.70 - $35.65
52-Week Range$22.15 - $35.65
Volume595,753 shs
Average Volume337,519 shs
Market Capitalization$2.51 billion
P/E Ratio-30.00
Dividend Yield6.82%
Beta2.47
Crestwood Equity Partners logoCrestwood 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
SymbolNYSE:CEQP
CUSIPN/A
Phone832-519-2200

Debt

Debt-to-Equity Ratio0.95
Current Ratio0.94
Quick Ratio0.87

Price-To-Earnings

Trailing P/E Ratio-30.00
Forward P/E Ratio193.33
P/E Growth39.66

Sales & Book Value

Annual Sales$3.88 billion
Price / Sales0.64
Cash Flow$2.5364 per share
Price / Cash13.72
Book Value$22.31 per share
Price / Book1.56

Profitability

EPS (Most Recent Fiscal Year)($1.16)
Net Income$-191,900,000.00
Net Margins-3.98%
Return on Equity-2.10%
Return on Assets-0.81%

Miscellaneous

Employees954
Outstanding Shares71,230,000
Market Cap$2,507.27

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 Friday, July 20th. Stockholders of record on Tuesday, August 7th will be paid a dividend of $0.60 per share on Tuesday, August 14th. This represents a $2.40 annualized dividend and a dividend yield of 6.90%. The ex-dividend date is Monday, August 6th. View Crestwood Equity Partners' Dividend History.

How were Crestwood Equity Partners' earnings last quarter?

Crestwood Equity Partners LP (NYSE:CEQP) issued its quarterly earnings data on Tuesday, May, 1st. The pipeline company reported $0.21 EPS for the quarter, topping the Thomson Reuters' consensus estimate of ($0.06) by $0.27. The pipeline company had revenue of $1.12 billion for the quarter, compared to analysts' expectations of $1.05 billion. Crestwood Equity Partners had a negative net margin of 3.98% and a negative return on equity of 2.10%. The company's revenue for the quarter was up 34.6% compared to the same quarter last year. During the same quarter last year, the company earned ($0.62) 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, July, 31st 2018. View Earnings Estimates for Crestwood Equity Partners.

What price target have analysts set for CEQP?

8 equities research analysts have issued 12 month price targets for Crestwood Equity Partners' stock. Their forecasts range from $32.00 to $36.00. On average, they anticipate Crestwood Equity Partners' stock price to reach $34.00 in the next twelve months. This suggests that the stock has a possible downside of 2.3%. View Analyst Ratings 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."

Who are some of Crestwood Equity Partners' key competitors?

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)

Has Crestwood Equity Partners been receiving favorable news coverage?

Headlines about CEQP stock have been trending positive this week, Accern reports. The research group scores the sentiment of press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Crestwood Equity Partners earned a coverage optimism score of 0.36 on Accern's scale. They also assigned headlines about the pipeline company an impact score of 45.61 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near future.

Who are Crestwood Equity Partners' major shareholders?

Crestwood Equity Partners' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Bank of Montreal Can (1.51%), Spirit of America Management Corp NY (0.27%) and Creative Planning (0.02%). 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 Creative Planning. View Insider Buying and Selling for Crestwood Equity Partners.

Which major investors are buying Crestwood Equity Partners stock?

CEQP stock was purchased by a variety of institutional investors in the last quarter, including Bank of Montreal Can and 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 $34.80.

How big of a company is Crestwood Equity Partners?

Crestwood Equity Partners has a market capitalization of $2.51 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.

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:  1.9 out of 5 (star)
Outperform Votes:  181 (Vote Outperform)
Underperform Votes:  285 (Vote Underperform)
Total Votes:  466
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 7/21/2018 by MarketBeat.com Staff

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