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.
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-29.27
Forward P/E Ratio190.28
P/E Growth38.14
Sales & Book Value
Annual Sales$3.88 billion
Price / Sales0.63
Cash Flow$2.5967 per share
Price / Cash13.19
Book Value$22.31 per share
Price / Book1.54
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$2,411.11
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 Thursday, April 19th. Shareholders of record on Tuesday, May 8th will be given a dividend of $0.60 per share on Tuesday, May 15th. This represents a $2.40 annualized dividend and a yield of 7.01%. The ex-dividend date is Monday, May 7th. View Crestwood Equity Partners' Dividend History.
How were Crestwood Equity Partners' earnings last quarter?
Crestwood Equity Partners LP (NYSE:CEQP) posted its earnings results on Tuesday, May, 1st. The pipeline company reported $0.21 earnings per share (EPS) for the quarter, beating the 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 return on equity of 2.10% and a negative net margin of 3.98%. The firm's revenue for the quarter was up 34.6% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.62) EPS. View Crestwood Equity Partners' Earnings History.
When is Crestwood Equity Partners' next earnings date?
What price target have analysts set for CEQP?
8 analysts have issued 12 month target prices for Crestwood Equity Partners' stock. Their predictions 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 0.7%. 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."
Are investors shorting Crestwood Equity Partners?
Crestwood Equity Partners saw a increase in short interest in the month of May. As of May 31st, there was short interest totalling 1,754,789 shares, an increase of 94.2% from the May 15th total of 903,568 shares. Based on an average daily volume of 408,156 shares, the short-interest ratio is presently 4.3 days. Approximately 3.7% of the shares of the stock are sold short. View Crestwood Equity Partners' Current Options Chain.
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?
Media stories about CEQP stock have trended positive this week, Accern Sentiment reports. Accern ranks the sentiment of press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Crestwood Equity Partners earned a news sentiment score of 0.29 on Accern's scale. They also assigned headlines about the pipeline company an impact score of 46.29 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near term.
Who are Crestwood Equity Partners' major shareholders?
Crestwood Equity Partners' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Bank of Montreal Can (1.51%) and Spirit of America Management Corp NY (0.27%). 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 buying Crestwood Equity Partners stock?
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 $34.25.
How big of a company is Crestwood Equity Partners?
Crestwood Equity Partners has a market capitalization of $2.41 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)
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.
