Crestwood Equity Partners Stock Price, News & Analysis (NYSE:CEQP)

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

Crestwood Equity Partners declared a quarterly dividend on Thursday, July 18th. Investors of record on Wednesday, August 7th will be paid a dividend of $0.60 per share on Wednesday, August 14th. This represents a $2.40 annualized dividend and a yield of 6.89%. The ex-dividend date of this dividend is Tuesday, August 6th. View Crestwood Equity Partners' Dividend History.

Crestwood Equity Partners LP (NYSE:CEQP) released its earnings results on Tuesday, July, 30th. The pipeline company reported $0.06 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.01 by $0.05. The pipeline company earned $683.40 million during the quarter, compared to analysts' expectations of $749.75 million. Crestwood Equity Partners had a net margin of 7.95% and a return on equity of 3.08%. The company's revenue for the quarter was down 18.7% on a year-over-year basis. During the same period last year, the business earned ($0.57) EPS. View Crestwood Equity Partners' Earnings History.

Crestwood Equity Partners is scheduled to release their next quarterly earnings announcement on Tuesday, October 29th 2019. View Earnings Estimates for Crestwood Equity Partners.

7 brokerages have issued 12-month price objectives for Crestwood Equity Partners' stock. Their forecasts range from $38.00 to $46.00. On average, they anticipate Crestwood Equity Partners' share price to reach $42.17 in the next twelve months. This suggests a possible upside of 21.0% from the stock's current price. View Analyst Price Targets for Crestwood Equity Partners.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Crestwood Equity Partners in the last year. There are currently 1 hold rating and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Crestwood Equity Partners.

Media headlines about CEQP stock have trended somewhat positive on Sunday, according to InfoTrie Sentiment. The research firm identifies negative and positive media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Crestwood Equity Partners earned a coverage optimism score of 0.8 on InfoTrie's scale. They also gave headlines about the pipeline company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the near term. View News Stories for Crestwood Equity Partners.

Crestwood Equity Partners saw a increase in short interest during the month of September. As of September 30th, there was short interest totalling 2,760,000 shares, an increase of 6.6% from the August 30th total of 2,590,000 shares. Based on an average daily volume of 295,800 shares, the days-to-cover ratio is currently 9.3 days. Currently, 5.6% of the company's stock are short sold. View Crestwood Equity Partners' Current Options Chain.

Some companies that are related to Crestwood Equity Partners include Cenovus Energy (CVE), Noble Energy (NBL), Marathon Oil (MRO), Targa Resources (TRGP), HollyFrontier (HFC), Showa Shell Sekiyu KK (SWSKF), Devon Energy (DVN), National-Oilwell Varco (NOV), Andeavor Logistics (ANDX), Apache (APA), Cabot Oil & Gas (COG), KUNLUN ENERGY C/ADR (KLYCY), Phillips 66 Partners (PSXP), KONINKLIJKE VOP/ADR (VOPKY) and EQM Midstream Partners (EQM).

Based on aggregate information from My MarketBeat watchlists, some companies that other Crestwood Equity Partners investors own include Energy Transfer LP Unit (ET), Enterprise Products Partners (EPD), Suburban Propane Partners (SPH), Kinder Morgan (KMI), Medley Capital (MCC), Energy Transfer Equity LP Unit (ETE), AT&T (T), NGL Energy Partners (NGL), Prospect Capital (PSEC) and New Residential Investment (NRZ).

Crestwood Equity Partners' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Penbrook Management LLC (0.06%) and Wiley BROS. Aintree Capital LLC (0.01%). 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.

CEQP stock was sold by a variety of institutional investors in the last quarter, including Wiley BROS. Aintree Capital LLC and Penbrook Management LLC. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of CEQP stock can currently be purchased for approximately $34.84.

Crestwood Equity Partners has a market capitalization of $2.50 billion and generates $3.65 billion in revenue each year. The pipeline company earns $50.80 million in net income (profit) each year or $0.21 on an earnings per share basis. Crestwood Equity Partners employs 843 workers across the globe.View Additional Information About Crestwood Equity Partners.

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

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]