Crestwood Equity Partners LP (CEQP)

NYSE: CEQP · IEX Real-Time Price · USD
29.16
-0.82 (-2.74%)
May 18, 2022 12:16 PM EDT - Market open
Market Cap2.86B
Revenue (ttm)5.12B
Net Income (ttm)-78.20M
Shares Out97.97M
EPS (ttm)-0.80
PE Ration/a
Forward PE15.04
Dividend$2.53 (8.68%)
Ex-Dividend DateMay 5, 2022
Volume92,058
Open30.02
Previous Close29.98
Day's Range29.05 - 30.02
52-Week Range23.57 - 33.94
Beta3.12
AnalystsBuy
Price Target36.72 (+25.9%)
Earnings DateApr 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...

IndustryOil, Gas & Consumable Fuels
IPO DateJun 21, 2005
CEORobert Phillips
Employees645
Stock ExchangeNYSE
Ticker SymbolCEQP
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 -$78.50 million, 39.9% more than in 2020.

Financial Statements

Analyst 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.

Price Target
$36.72
(25.93% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Crestwood (CEQP) Dips 2.7% Since Reporting Weak Q1 Earnings

Higher operating expenses hurt Crestwood's (CEQP) earnings in Q1.

1 day ago - Zacks Investment Research

The Best Mid-Cap Dividend Stocks For 2022

Mid-cap dividend stocks are the best bargain on the board right now.

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1 week ago - Forbes

This 8.7%-Yielding Dividend Stock Continues to Thrive

Improving market conditions will fuel growth through a least 2023.

3 weeks ago - The Motley Fool

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...

3 weeks ago - Business Wire

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...

1 month ago - Business Wire

This Trio Proves You Can Still Find High-Yield Stocks

These stocks offer attractive income streams these days.

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1 month ago - The Motley Fool

At an 8% Yield, Is Crestwood Equity Partners Undervalued Right Now?

This high yield oil and gas pipeline and processing company has a unique business.

1 month ago - The Motley Fool

Why Is Crestwood Equity Partners LP (CEQP) Up 6.1% Since Last Earnings Report?

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

1 month ago - Zacks Investment Research

If You Love Dividends, This Stock Takes the Cake

The company's basic services generate significant cash flow.

1 month ago - The Motley Fool

2 Under-the-Radar High-Yield Dividend Stocks That Should Thrive on $100 Oil

Elevated oil prices will provide a dual boost to these dividend stocks.

Other symbols:DCP
1 month ago - The Motley Fool

Crestwood (CEQP) Gains 8.2% Since Q4 Earnings Top Estimates

Higher gas gathering and processing volumes aid Crestwood's (CEQP) earnings in Q4.

2 months ago - Zacks Investment Research

2 High-Yield Energy Stocks You Can Buy Right Now To Play the Oil Boom

$100 oil is leading to surging free cash flow generation for Chevron and Crestwood Equity Partners.

Other symbols:CVX
2 months ago - The Motley Fool

Midstream/MLP M&A Update: Parent Buy-Ins and PE Exits

Summary The consolidation of MLPs by their parents or significant owners has been a multi-year trend, but activity has picked up with a number of transactions currently pending. M&A activity among indus...

2 months ago - ETF Trends

This 8.8%-Yielding Dividend Is About to Head Even Higher

A recently closed acquisition is giving the company the fuel to boost its payout.

2 months ago - The Motley Fool

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...

2 months ago - Business Wire

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...

3 months ago - Business Wire

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...

Other symbols:OAS
3 months ago - PRNewsWire

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...

3 months ago - Business Wire

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...

3 months ago - Business Wire

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...

3 months ago - Business Wire

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...

4 months ago - Business Wire

Why Units of Crestwood Equity Partners Rocketed 45% in 2021

The master limited partnership produced market-crushing results last year.

4 months ago - The Motley Fool

3 Under-the-Radar Stocks to Buy in December

These lesser-known companies offer an intriguing blend of income and upside opportunity.

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5 months ago - The Motley Fool

Why Is Crestwood Equity Partners LP (CEQP) Down 4.8% Since Last Earnings Report?

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

5 months ago - Zacks Investment Research

3 Dividend Stocks You Can Buy on Sale

One tech dividend grower, one media turnaround, and a high-yielding MLP for you to buy today.

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5 months ago - The Motley Fool