Crestwood Equity Partners - CEQP Stock Forecast, Price & News

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Crestwood Equity Partners in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CEQP shares.
View CEQP analyst ratings or view top-rated stocks.

7 brokerages have issued 1 year price objectives for Crestwood Equity Partners' stock. Their CEQP share price forecasts range from $28.00 to $32.00. On average, they predict the company's share price to reach $30.33 in the next year. This suggests a possible upside of 30.9% from the stock's current price.
View analysts price targets for CEQP or view top-rated stocks among Wall Street analysts.

Crestwood Equity Partners' stock was trading at $26.19 on January 1st, 2023. Since then, CEQP shares have decreased by 11.5% and is now trading at $23.17.
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Crestwood Equity Partners saw a increase in short interest in the month of February. As of February 28th, there was short interest totaling 4,960,000 shares, an increase of 7.6% from the February 13th total of 4,610,000 shares. Based on an average trading volume of 616,700 shares, the days-to-cover ratio is presently 8.0 days.
View Crestwood Equity Partners' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 25th 2023.
View our CEQP earnings forecast.

Crestwood Equity Partners LP (NYSE:CEQP) announced its quarterly earnings data on Tuesday, February, 21st. The pipeline company reported $0.26 earnings per share for the quarter, topping the consensus estimate of $0.20 by $0.06. The pipeline company earned $1.40 billion during the quarter, compared to analyst estimates of $1.54 billion. Crestwood Equity Partners had a net margin of 0.52% and a trailing twelve-month return on equity of 6.31%.

Crestwood Equity Partners announced a quarterly dividend on Thursday, January 19th. Stockholders of record on Tuesday, February 7th will be paid a dividend of $0.655 per share on Tuesday, February 14th. This represents a $2.62 dividend on an annualized basis and a yield of 11.31%. The ex-dividend date is Monday, February 6th.
Read our dividend analysis for CEQP.

ETFs with the largest weight of Crestwood Equity Partners (NYSE:CEQP) stock in their portfolio include InfraCap MLP ETF (AMZA), Alerian MLP ETF (AMLP), Global X MLP ETF (MLPA), GraniteShares HIPS US High Income ETF (HIPS), USCF Midstream Energy Income Fund (UMI), VanEck Energy Income ETF (EINC), First Trust Multi-Asset Diversified Income Index Fund (MDIV) and Arrow Dow Jones Global Yield ETF (GYLD).

Crestwood Equity Partners (NYSE:CEQP) pays an annual dividend of $2.62 per share and currently has a dividend yield of 11.10%. CEQP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for CEQP.

14 employees have rated Crestwood Equity Partners Chief Executive Officer Robert G. Phillips on Glassdoor.com. Robert G. Phillips has an approval rating of 65% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Crestwood Equity Partners investors own include Energy Transfer (ET), Enterprise Products Partners (EPD), AT&T (T), Pfizer (PFE), Kinder Morgan (KMI), Suburban Propane Partners (SPH), New Residential Investment (NRZ), ONEOK (OKE), Intel (INTC) and Annaly Capital Management (NLY).

Crestwood Equity Partners trades on the New York Stock Exchange (NYSE) under the ticker symbol "CEQP."

Crestwood Equity Partners' stock is owned by a variety of institutional and retail investors. Top institutional investors include Moneta Group Investment Advisors LLC (519.65%), Alps Advisors Inc. (11.79%), Bank of America Corp DE (3.29%), Mirae Asset Global Investments Co. Ltd. (2.48%), Clearbridge Investments LLC (2.16%) and JPMorgan Chase & Co. (1.72%). Insiders that own company stock include Energy Corp Chord, Gas Services Holding Crestwood, Joel Christian Lambert and William H Moore.
View institutional ownership trends.

Shares of CEQP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of CEQP stock can currently be purchased for approximately $23.17.

Crestwood Equity Partners (NYSE:CEQP) has a market capitalization of $2.44 billion and generates $6.00 billion in revenue each year. The pipeline company earns $31.30 million in net income (profit) each year or ($0.28) on an earnings per share basis.

The company employs 645 workers across the globe.

Crestwood Equity Partners' mailing address is 811 MAIN STREET SUITE 3400, HOUSTON TX, 77002. The official website for the company is www.crestwoodlp.com. The pipeline company can be reached via phone at (832) 519-2200, via email at investorrelations@crestwoodlp.com, or via fax at 832-519-2250.