Crestwood Equity Partners LP (CEQP)
November 3, 2023 - Crestwood Equity Parnters LP merged with Energy Transfer LP
+1.18 (4.36%)
Last trade price

CEQP Statistics

Total Valuation

CEQP has a market cap or net worth of $2.97 billion. The enterprise value is $6.25 billion.

Market Cap 2.97B
Enterprise Value 6.25B

Important Dates

The last earnings date was Thursday, November 2, 2023, before market open.

Earnings Date Nov 2, 2023
Ex-Dividend Date Oct 20, 2023

Share Statistics

CEQP has 105.10 million shares outstanding. The number of shares has decreased by -1.77% in one year.

Shares Outstanding 105.10M
Shares Change (YoY) -1.77%
Shares Change (QoQ) -3.84%
Owned by Insiders (%) 10.80%
Owned by Institutions (%) 53.17%
Float 82.60M

Valuation Ratios

The trailing PE ratio is 22.08 and the forward PE ratio is 17.41. CEQP's PEG ratio is -4.07.

PE Ratio 22.08
Forward PE 17.41
PS Ratio 0.62
Forward PS n/a
PB Ratio 2.47
P/FCF Ratio 4.31
PEG Ratio -4.07
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 8.35, with an EV/FCF ratio of 9.07.

EV / Earnings 45.85
EV / Sales 1.29
EV / EBITDA 8.35
EV / EBIT 14.90
EV / FCF 9.07

Financial Position

The company has a current ratio of 1.31, with a Debt / Equity ratio of 2.74.

Current Ratio 1.31
Quick Ratio 0.82
Debt / Equity 2.74
Debt / EBITDA 4.41
Debt / FCF 4.79
Interest Coverage 1.89

Financial Efficiency

Return on equity (ROE) is 10.80% and return on invested capital (ROIC) is 7.56%.

Return on Equity (ROE) 10.80%
Return on Assets (ROA) 2.10%
Return on Capital (ROIC) 7.56%
Revenue Per Employee $6.41M
Profits Per Employee $181,009
Employee Count 753
Asset Turnover 0.75
Inventory Turnover 22.52


In the past 12 months, CEQP has paid $1.30 million in taxes.

Income Tax 1.30M
Effective Tax Rate 0.94%

Stock Price Statistics

The stock price has decreased by -6.82% in the last 52 weeks. The beta is 2.41, so CEQP's price volatility has been higher than the market average.

Beta (1Y) 2.41
52-Week Price Change -6.82%
50-Day Moving Average 28.61
200-Day Moving Average 26.62
Relative Strength Index (RSI) 50.08
Average Volume (30 Days) 620,305

Short Selling Information

The latest short interest is 1.49 million, so 1.41% of the outstanding shares have been sold short.

Short Interest 1.49M
Short Previous Month 1.59M
Short % of Shares Out 1.41%
Short % of Float 1.80%
Short Ratio (days to cover) 2.27

Income Statement

In the last 12 months, CEQP had revenue of $4.83 billion and earned $136.30 million in profits. Earnings per share was $1.28.

Revenue 4.83B
Gross Profit 1.01B
Operating Income 343.20M
Pretax Income 197.80M
Net Income 136.30M
EBITDA 748.60M
EBIT 419.30M
Earnings Per Share (EPS) $1.28
Full Income Statement

Balance Sheet

The company has $23.80 million in cash and $3.30 billion in debt, giving a net cash position of -$3.28 billion or -$31.20 per share.

Cash & Cash Equivalents 23.80M
Total Debt 3.30B
Net Cash -3.28B
Net Cash Per Share -$31.20
Equity / Book Value 1.20B
Book Value Per Share 11.46
Working Capital 142.20M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $540.40 million and capital expenditures $148.60 million, giving a free cash flow of $689.00 million.

Operating Cash Flow 540.40M
Capital Expenditures 148.60M
Free Cash Flow 689.00M
FCF Per Share $6.55
Full Cash Flow Statement


Gross margin is 20.93%, with operating and profit margins of 7.11% and 2.82%.

Gross Margin 20.93%
Operating Margin 7.11%
Pretax Margin 4.10%
Profit Margin 2.82%
EBITDA Margin 15.51%
EBIT Margin 8.69%
FCF Margin 14.28%

Dividends & Yields

This stock pays an annual dividend of $1.96, which amounts to a dividend yield of 6.95%.

Dividend Per Share $1.96
Dividend Yield 6.95%
Dividend Growth (YoY) 35.40%
Years of Dividend Growth n/a
Payout Ratio 153.49%
Buyback Yield 1.77%
Shareholder Yield 8.73%
Earnings Yield 4.59%
FCF Yield 23.20%
Dividend Details

Analyst Forecast

The average price target for CEQP is $28.67, which is 1.45% higher than the current price. The consensus rating is "Hold".

Price Target $28.67
Price Target Difference 1.45%
Analyst Consensus Hold
Analyst Count 8
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on November 24, 2015. It was a reverse split with a ratio of 1:10.

Last Split Date Nov 24, 2015
Split Type Reverse
Split Ratio 1:10


Altman Z-Score n/a
Piotroski F-Score 7