Crestwood Equity Partners LP (CEQP)
| Market Cap | 2.86B |
| Revenue (ttm) | 5.12B |
| Net Income (ttm) | -78.20M |
| Shares Out | 97.97M |
| EPS (ttm) | -0.80 |
| PE Ratio | n/a |
| Forward PE | 15.04 |
| Dividend | $2.53 (8.68%) |
| Ex-Dividend Date | May 5, 2022 |
| Volume | 92,058 |
| Open | 30.02 |
| Previous Close | 29.98 |
| Day's Range | 29.05 - 30.02 |
| 52-Week Range | 23.57 - 33.94 |
| Beta | 3.12 |
| Analysts | Buy |
| Price Target | 36.72 (+25.9%) |
| Earnings Date | Apr 26, 2022 |
About CEQP
Crestwood Equity Partners LP develops, acquires, owns, controls, and operates assets and operations in the energy midstream sector in the United States. It operates through three segments: Gathering and Processing North; Gathering and Processing South; and Storage and Logistics. The Gathering and Processing North segment offers natural gas, crude oil, and produced water gathering, compression, treating, processing, and disposal services to producers in the Williston Basin and Powder River Basin. This segment owns and operates natural gas facili...
Financial Performance
In 2021, CEQP's revenue was $4.57 billion, an increase of 102.68% compared to the previous year's $2.25 billion. Losses were -$78.50 million, 39.9% more than in 2020.
Financial StatementsAnalyst Forecast
According to 14 analysts, the average rating for CEQP stock is "Buy." The 12-month stock price forecast is 36.72, which is an increase of 25.93% from the latest price.
News
Crestwood (CEQP) Dips 2.7% Since Reporting Weak Q1 Earnings
Higher operating expenses hurt Crestwood's (CEQP) earnings in Q1.
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Crestwood Announces First Quarter 2022 Financial and Operating Results
HOUSTON--(BUSINESS WIRE)--Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood”) reported today its financial and operating results for the three months ended March 31, 2022. First Quarter 2022 Financi...
Crestwood Increases Quarterly Distribution and Schedules First Quarter 2022 Earnings Release Date
HOUSTON--(BUSINESS WIRE)--Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood”) announced today that the board of directors of its general partner has declared the partnership's quarterly cash distrib...
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Crestwood (CEQP) Gains 8.2% Since Q4 Earnings Top Estimates
Higher gas gathering and processing volumes aid Crestwood's (CEQP) earnings in Q4.
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Crestwood Announces Fourth Quarter 2021 Financial and Operating Results Ahead of Expectations and Provides 2022 Guida...
HOUSTON--(BUSINESS WIRE)--Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood”) reported today its financial and operating results for the three months ended December 31, 2021. Fourth Quarter and Full...
Crestwood Announces Changes to the Board of Directors
HOUSTON--(BUSINESS WIRE)--Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood”) announced today, following the completion of its acquisition of Oasis Midstream Partners LP (“Oasis Midstream”), changes...
Oasis Petroleum Inc. Announces the Closing of the OMP and Crestwood Merger
HOUSTON, Feb. 1, 2022 /PRNewswire/ -- Oasis Petroleum Inc. (NASDAQ: OAS) ("Oasis" or the "Company") today announced the closing of the previously announced merger between Oasis Midstream Partners LP (NA...
Crestwood Completes Acquisition of Oasis Midstream
HOUSTON--(BUSINESS WIRE)--Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood”) and Oasis Midstream Partners LP (“Oasis Midstream”) announced today that the companies have successfully closed the tran...
Crestwood Announces Publication of its Carbon Management Plan and Three-Year Sustainability Strategy
HOUSTON--(BUSINESS WIRE)--Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood”) announced today the publication of its carbon management plan and next three-year sustainability strategy. Crestwood's s...
Crestwood Announces Quarterly Distribution and Schedules Fourth Quarter 2021 Earnings Release Date
HOUSTON--(BUSINESS WIRE)--Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood”) announced today that the board of directors of its general partner has declared the partnership's quarterly cash distrib...
Crestwood Announces Executive Promotions and Organizational Changes
HOUSTON--(BUSINESS WIRE)--Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood”) announced several promotions within Crestwood's senior management team, effective immediately. Robert Halpin has been pr...
Why Units of Crestwood Equity Partners Rocketed 45% in 2021
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