NYSE:CEQP

Crestwood Equity Partners Stock Forecast, Price & News

$27.48
+0.34 (+1.25 %)
(As of 04/13/2021 03:06 PM ET)
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Today's Range
$26.90
Now: $27.48
$27.50
50-Day Range
$21.51
MA: $25.36
$28.32
52-Week Range
$5.75
Now: $27.48
$28.58
Volume2,982 shs
Average Volume611,527 shs
Market Capitalization$2.04 billion
P/E RatioN/A
Dividend Yield9.21%
Beta3.75
Crestwood Equity Partners LP provides a range of 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, compression, and disposal services for natural gas. The S&T segment provides crude oil and natural gas storage and transportation services to producers, utilities, and other customers; and operates crude oil terminals in the Bakken and Powder River Basin, as well as natural gas storage and transportation assets in the Northeast and Texas Gulf Coast. The MS&L segment offers natural gas liquid (NGL), crude oil, and natural gas marketing and logistics services to producers, refiners, marketers, and other customers. The company owns and operates natural gas facilities with approximately 2.9 billion cubic feet of natural gas/day (Bcf/d) of gathering capacity and 1.2 Bcf/d of processing capacity; crude oil facilities with approximately 150,000 Bbls/d of gathering capacity and 266,000 Bbls of storage capacity; and produced water facilities with approximately 180,000 Bbls/d of gathering and disposal 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.
Crestwood Equity Partners logo

Industry, Sector and Symbol

Industry Gas transmission & distribution
Sub-IndustryN/A
CUSIPN/A
Phone832-519-2200
Employees731
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.18 billion
Cash Flow$4.96 per share
Book Value$24.32 per share

Profitability

Net Income$285.10 million

Miscellaneous

Market Cap$2.04 billion
Next Earnings Date5/4/2021 (Estimated)
OptionableOptionable

Headlines

Why Crestwood Equity Partners Rose 27.2% in March
April 5, 2021 |  finance.yahoo.com
This 9.3%-Yielding Dividend Just Got Much Stronger
March 29, 2021 |  finance.yahoo.com
Crestwood Equity Partners (NYSE:CEQP) PT Raised to $30.00
March 26, 2021 |  americanbankingnews.com
Crestwood Equity Partners (NYSE:CEQP) Shares Gap Up to $24.37
March 26, 2021 |  americanbankingnews.com
Crestwood Equity Q4 2020 Earnings Preview
February 23, 2021 |  seekingalpha.com
See More Headlines

MarketRank

Overall MarketRank

1.48 out of 5 stars

Oils/Energy Sector

81st out of 667 stocks

Gas Transmission & Distribution Industry

3rd out of 9 stocks

Analyst Opinion: 1.3Community Rank: 2.2Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 0.6 5 -4 -3 -2 -1 -
$27.48
+0.34 (+1.25 %)
(As of 04/13/2021 03:06 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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Crestwood Equity Partners (NYSE:CEQP) Frequently Asked Questions

Is Crestwood Equity Partners a buy right now?

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

What stocks does MarketBeat like better than Crestwood Equity Partners?

Wall Street analysts have given Crestwood Equity Partners a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Crestwood Equity Partners wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Crestwood Equity Partners' next earnings date?

Crestwood Equity Partners is scheduled to release its next quarterly earnings announcement on Tuesday, May 4th 2021.
View our earnings forecast for Crestwood Equity Partners
.

How were Crestwood Equity Partners' earnings last quarter?

Crestwood Equity Partners LP (NYSE:CEQP) released its quarterly earnings data on Monday, February, 22nd. The pipeline company reported $0.03 earnings per share for the quarter, missing analysts' consensus estimates of $0.33 by $0.30. The pipeline company had revenue of $654.50 million for the quarter, compared to analysts' expectations of $683.56 million. Crestwood Equity Partners had a negative net margin of 1.50% and a positive trailing twelve-month return on equity of 3.23%. Crestwood Equity Partners's revenue for the quarter was down 22.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.28 EPS.
View Crestwood Equity Partners' earnings history
.

How has Crestwood Equity Partners' stock been impacted by COVID-19?

Crestwood Equity Partners' stock was trading at $8.50 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CEQP stock has increased by 222.1% and is now trading at $27.38.
View which stocks have been most impacted by COVID-19
.

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, January 22nd. Shareholders of record on Friday, February 5th will be paid a dividend of $0.625 per share on Friday, February 12th. This represents a $2.50 dividend on an annualized basis and a yield of 9.13%. The ex-dividend date is Thursday, February 4th.
View Crestwood Equity Partners' dividend history
.

Is Crestwood Equity Partners a good dividend stock?

Crestwood Equity Partners pays an annual dividend of $2.50 per share and currently has a dividend yield of 9.21%. CEQP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Crestwood Equity Partners does not yet have a strock track record of dividend growth. The dividend payout ratio of Crestwood Equity Partners is 25,000.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, Crestwood Equity Partners will have a dividend payout ratio of 735.29% in the coming year. This indicates that Crestwood Equity Partners may not be able to sustain their current dividend.
View Crestwood Equity Partners' dividend history.

What price target have analysts set for CEQP?

10 Wall Street analysts have issued 12-month price objectives for Crestwood Equity Partners' stock. Their forecasts range from $12.00 to $30.00. On average, they expect Crestwood Equity Partners' share price to reach $22.36 in the next twelve months. This suggests that the stock has a possible downside of 18.3%.
View analysts' price targets for Crestwood Equity Partners
or view top-rated stocks among Wall Street analysts.

Who are Crestwood Equity Partners' key executives?

Crestwood Equity Partners' management team includes the following people:
  • Mr. Robert G. Phillips, Chairman, Pres & CEO of Crestwood Equity GP LLC (Age 66, Pay $2.18M)
  • Mr. Robert Thornbury Halpin III, Exec. VP & CFO of Crestwood Equity GP LLC (Age 37, Pay $1.14M)
  • Mr. Steven Michael Dougherty, Exec. VP & Chief Accounting Officer of Crestwood Equity GP LLC (Age 48, Pay $945.25k)
  • Mr. Joel Christian Lambert, Exec. VP, Chief Legal, Safety & Compliance Officer of Crestwood Equity GP LLC (Age 52, Pay $1.02M)
  • Mr. William H. Moore, Exec. VP of Corp. Strategy of Crestwood Equity GP LLC (Age 41, Pay $904.07k)
  • Mr. Ben Hansen, Sr. VP of Operations
  • Ms. Deana Werkowitch, Sr. VP of Audit, Technology & Implementation Services
  • Mr. Josh Wannarka, Sr. VP of Investor Relations, ESG & Corp. Communications
  • Mr. John Powell, Sr. VP of Marketing, Supply & Logistics
  • Ms. Tracy Schubert, Sr. VP of HR & Corp. Safety

What is Robert G. Phillips' approval rating as Crestwood Equity Partners' CEO?

14 employees have rated Crestwood Equity Partners CEO Robert G. Phillips on Glassdoor.com. Robert G. Phillips has an approval rating of 65% among Crestwood Equity Partners' employees.

Who are some of Crestwood Equity Partners' key competitors?

What other stocks do shareholders of Crestwood Equity Partners own?

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).

What is Crestwood Equity Partners' stock symbol?

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

Who are Crestwood Equity Partners' major shareholders?

Crestwood Equity Partners' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Chickasaw Capital Management LLC (0.85%), Prosperity Planning Inc. (0.01%) and Pacer Advisors Inc. (0.00%). Company insiders that own Crestwood Equity Partners stock include Gas Services Holding Crestwood, Joel Christian Lambert and William H Moore.
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 Prosperity Planning Inc.. Company insiders that have sold Crestwood Equity Partners company stock in the last year include Gas Services Holding Crestwood, and William H Moore.
View insider buying and selling activity for Crestwood Equity Partners
or view top insider-selling stocks.

Which institutional investors are buying Crestwood Equity Partners stock?

CEQP stock was bought by a variety of institutional investors in the last quarter, including Chickasaw Capital Management LLC, and Pacer Advisors Inc..
View insider buying and selling activity for Crestwood Equity Partners
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Crestwood Equity Partners' stock price today?

One share of CEQP stock can currently be purchased for approximately $27.38.

How much money does Crestwood Equity Partners make?

Crestwood Equity Partners has a market capitalization of $2.03 billion and generates $3.18 billion in revenue each year. The pipeline company earns $285.10 million in net income (profit) each year or $0.01 on an earnings per share basis.

How many employees does Crestwood Equity Partners have?

Crestwood Equity Partners employs 731 workers across the globe.

What is Crestwood Equity Partners' official website?

The official website for Crestwood Equity Partners is www.crestwoodlp.com.

Where are Crestwood Equity Partners' headquarters?

Crestwood Equity Partners is headquartered at 811 MAIN STREET SUITE 3400, HOUSTON TX, 77002.

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]


This page was last updated on 4/13/2021 by MarketBeat.com Staff
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