Crestwood Equity Partners LP (CEQP)

NYSE: CEQP · IEX Real-Time Price · USD
26.95
+0.05 (0.19%)
Feb 2, 2023, 9:38 AM EST - Market open
0.19%
Market Cap 2.82B
Revenue (ttm) 5.98B
Net Income (ttm) -4.10M
Shares Out 104.65M
EPS (ttm) 0.23
PE Ratio 116.96
Forward PE 23.09
Dividend $2.59 (9.61%)
Ex-Dividend Date Nov 4, 2022
Volume 9,161
Open 26.95
Previous Close 26.90
Day's Range 26.95 - 26.95
52-Week Range 22.88 - 32.96
Beta 2.52
Analysts Buy
Price Target 35.32 (+31.06%)
Earnings Date Feb 21, 2023

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... [Read more]

Sector Energy
IPO Date Jun 21, 2005
Employees 645
Stock Exchange NYSE
Ticker Symbol CEQP
Full Company Profile

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 -$138.60 million, 19.3% more than in 2020.

Financial Statements

Analyst Forecast

According to 15 analysts, the average rating for CEQP stock is "Buy." The 12-month stock price forecast is $35.32, which is an increase of 31.06% from the latest price.

Price Target
$35.32
(31.06% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Crestwood Announces Quarterly Distribution and Schedules Fourth Quarter 2022 Earnings Release Date

HOUSTON--(BUSINESS WIRE)--Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood”) today announced that the board of directors of its general partner has declared the partnership's quarterly cash dis...

1 week ago - Business Wire

Crestwood Midstream Announces Pricing of Upsized Private Offering of $600 Million of Senior Notes Due 2031

HOUSTON--(BUSINESS WIRE)--Crestwood Midstream Partners LP (“CMLP”), a wholly owned subsidiary of Crestwood Equity Partners LP (NYSE: CEQP), announced today that it has priced $600 million in aggrega...

2 weeks ago - Business Wire

Crestwood Midstream Announces Private Offering of $500 Million of Senior Notes

HOUSTON--(BUSINESS WIRE)--Crestwood Midstream Partners LP (“CMLP”), a wholly owned subsidiary of Crestwood Equity Partners LP (NYSE: CEQP), announced today its intention, subject to market and other...

2 weeks ago - Business Wire

Crestwood Provides Fourth Quarter Operational Update

HOUSTON--(BUSINESS WIRE)--Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood”) today announced that it expects fourth quarter 2022 financial results to be impacted by extreme winter weather event...

3 weeks ago - Business Wire

11 high-yield dividend stocks that are Wall Street's favorites for 2023

Investors love dividend stocks but there are different ways to look at them, including various “quality” approaches. Today we are focusing on high yields.

1 month ago - Market Watch

Why Is Crestwood Equity Partners LP (CEQP) Down 3.3% Since Last Earnings Report?

Crestwood Equity Partners LP (CEQP) reported earnings 30 days ago. What's next for the stock?

2 months ago - Zacks Investment Research

Crestwood Equity (CEQP) Down Marginally Since Q3 Earnings Miss

Higher operating expenses hurt Crestwood Equity's (CEQP) Q3 earnings.

2 months ago - Zacks Investment Research

Chord Energy Corporation Reports Third Quarter 2022 Earnings, Declares Base and Variable Dividends, Issues Fourth Quarter Outlook

HOUSTON , Nov. 2, 2022 /PRNewswire/ -- Chord Energy Corporation (NASDAQ: CHRD) ("Chord", "Chord Energy" or the "Company") today reported financial and operating results for the quarter ending Septembe...

Other symbols: CHRD
3 months ago - PRNewsWire

Crestwood Announces Third 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 September 30, 2022.

3 months ago - Business Wire

Antero Midstream Announces Third Quarter 2022 Financial and Operational Results

DENVER , Oct. 26, 2022 /PRNewswire/ -- Antero Midstream Corporation (NYSE: AM) ("Antero Midstream" or the "Company") today announced its third quarter 2022 financial and operational results.  The rele...

Other symbols: AM
3 months ago - PRNewsWire

Crestwood Announces Quarterly Distribution and Schedules Third 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 distr...

3 months ago - Business Wire

Crestwood (CEQP) to Divest Marcellus Shale Assets for $205M

Crestwood (CEQP) will utilize the divestment proceeds to enhance its financial flexibility by reducing debt and undertaking opportunistic common unit repurchases.

5 months ago - Zacks Investment Research

Crestwood Announces Pricing of Secondary Offering of Common Units and Concurrent Common Unit Repurchase

HOUSTON--(BUSINESS WIRE)--Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood”) today announced the pricing of the previously announced underwritten secondary offering by certain subsidiaries of Cho...

Other symbols: CHRD
5 months ago - Business Wire

Antero Midstream Agrees to Acquire Bolt-On Marcellus Gathering and Compression System

DENVER , Sept. 12, 2022 /PRNewswire/ -- Antero Midstream Corporation (NYSE: AM) ("Antero Midstream" or the "Company") today announced that it has entered into a definitive agreement to acquire Marcell...

Other symbols: AM
5 months ago - PRNewsWire

Crestwood Announces Secondary Offering of Common Units and Concurrent Common Unit Repurchase

HOUSTON--(BUSINESS WIRE)--Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood”) today announced that certain subsidiaries of Chord Energy Corporation (NASDAQ: CHRD) (f/k/a Oasis Petroleum Inc.) (the...

Other symbols: CHRD
5 months ago - Business Wire

Crestwood Announces Divestiture of Marcellus Assets

HOUSTON--(BUSINESS WIRE)--Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood”) today announced the divestiture of its Marcellus natural gas gathering and compression assets to Antero Midstream Corp...

Other symbols: AM
5 months ago - Business Wire

Crestwood and Oasis Midstream 2021 Schedule K-3 Now Available

HOUSTON--(BUSINESS WIRE)--Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood”) announced today that its 2021 Schedule K-3 reflecting items of international tax relevance is now available online. Cr...

5 months ago - Business Wire

Here is What to Know Beyond Why Crestwood Equity Partners LP (CEQP) is a Trending Stock

Crestwood Equity Partners LP (CEQP) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

5 months ago - Zacks Investment Research

Is Trending Stock Crestwood Equity Partners LP (CEQP) a Buy Now?

Zacks.com users have recently been watching Crestwood Equity Partners LP (CEQP) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

6 months ago - Zacks Investment Research

Crestwood Announces Leadership Promotions

HOUSTON--(BUSINESS WIRE)--Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood”) announced today a series of executive leadership promotions, effective immediately. John Black has been promoted to Ex...

6 months ago - Business Wire

Strong Permian Outlook Favorable for Midstream

Summary The Permian's abundant resources, favorable economics, established infrastructure, and relative proximity to end markets will result in continued volume growth. While some of the largest publi...

Other symbols: DCPEPDTRGP
6 months ago - ETF Trends

Is Most-Watched Stock Crestwood Equity Partners LP (CEQP) Worth Betting on Now?

Crestwood Equity Partners LP (CEQP) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

6 months ago - Zacks Investment Research

Crestwood (CEQP) Q2 Earnings Miss Estimates, Revenues Beat

Higher operating expenses hurt Crestwood's (CEQP) earnings in Q2.

6 months ago - Zacks Investment Research

New Strong Sell Stocks for July 29th

CEQP, ATHM, and CAG have been added to the Zacks Rank #5 (Strong Sell) List on July 29, 2022.

Other symbols: ATHMCAG
6 months ago - Zacks Investment Research

Best Value Stocks to Buy for July 27th

CEQP, FMX, and CHMG made it to the Zacks Rank #1 (Strong Buy) value stocks list on July 27, 2022.

Other symbols: CHMGFMX
6 months ago - Zacks Investment Research