Crestwood Equity Partners - CEQP Stock Forecast, Price & News

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Crestwood Equity Partners in the last twelve months. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CEQP shares.
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5 Wall Street analysts have issued 1 year price targets for Crestwood Equity Partners' stock. Their CEQP share price forecasts range from $32.00 to $38.00. On average, they anticipate the company's share price to reach $34.75 in the next twelve months. This suggests a possible upside of 17.6% from the stock's current price.
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Crestwood Equity Partners' stock was trading at $27.59 at the start of the year. Since then, CEQP shares have increased by 7.1% and is now trading at $29.55.
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Crestwood Equity Partners saw a decline in short interest in September. As of September 15th, there was short interest totaling 2,740,000 shares, a decline of 62.4% from the August 31st total of 7,280,000 shares. Based on an average daily trading volume, of 622,600 shares, the short-interest ratio is presently 4.4 days.
View Crestwood Equity Partners' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 25th 2022.
View our CEQP earnings forecast.

Crestwood Equity Partners LP (NYSE:CEQP) released its earnings results on Tuesday, July, 26th. The pipeline company reported $0.14 EPS for the quarter, missing analysts' consensus estimates of $0.16 by $0.02. The pipeline company earned $1.45 billion during the quarter, compared to the consensus estimate of $1.35 billion. Crestwood Equity Partners had a trailing twelve-month return on equity of 7.93% and a net margin of 1.05%. During the same period in the previous year, the business posted ($0.49) earnings per share.

Crestwood Equity Partners declared a quarterly dividend on Friday, July 15th. Stockholders of record on Friday, August 5th will be paid a dividend of $0.655 per share on Friday, August 12th. This represents a $2.62 dividend on an annualized basis and a yield of 8.87%. The ex-dividend date is Thursday, August 4th.
Read our dividend analysis for CEQP.

Crestwood Equity Partners (NYSE:CEQP) pays an annual dividend of $2.62 per share and currently has a dividend yield of 8.95%. 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 retail and institutional investors. Top institutional investors include Chickasaw Capital Management LLC (0.93%). Insiders that own company stock include Energy Corp Chord, Gas Services Holding Crestwood, Joel Christian Lambert and William H Moore.
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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 $29.55.

Crestwood Equity Partners (NYSE:CEQP) has a market capitalization of $3.23 billion and generates $4.57 billion in revenue each year. The pipeline company earns $-78,500,000.00 in net income (profit) each year or ($0.14) 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.