Crestwood Equity Partners LP CEQP
At closeNov 2, 2023, 4:00 PM EDT
52-week range unavailable
- Market cap
- 2.97B
- Revenue (ttm)
- 4.83B
- Profit margin
- 4.07%
- Shares out
- 105.10M
- Forward P/E
- 15.03
- Dividend
- 2.62
- Ex-dividend date
- Oct 19, 2023
- Volume
- 4.18M
- Open
- 27.45
- Previous close
- 28.26
- Day's range
- 27.45 – 28.29
- Analysts
- Buy
- Price target
- 28.00 (-0.9%)
- Earnings date
- Nov 1, 2023
2Y -1.90 (-6.30%)
Key statistics
- Enterprise value
- 7.32B
- PEG ratio
- 3.77
- Price / sales
- 0.62
- Price / book
- 2.47
- Dividend yield
- 9.27%
- Payout ratio
- 203.10%
- Revenue growth
- -27.20%
- Free cash flow
- 415.48M
- Total cash
- 23.80M
- Total debt
- 3.30B
- Return on equity
- 11.17%
- Short % of float
- 1.97%
- 50-day average
- 28.62
- 200-day average
- 26.60
Analyst view
Consensus: buy
- Strong buy1
- Buy2
- Hold5
- Sell1
- Strong sell0
Next earnings
Nov 1, 2023
Expected Nov 1, 2023. Consensus EPS estimate 0.53.
Financials — quick view
Earnings
| Report date | Quarter ending | EPS estimate | EPS reported | Surprise | Surprise % |
|---|---|---|---|---|---|
| Nov 1, 2023 | Sep 1, 2023 | 0.28 | — | — | — |
| Aug 1, 2023 | Jun 1, 2023 | 0.26 | — | — | — |
| May 2, 2023 | Mar 1, 2023 | 0.15 | — | — | — |
| Feb 21, 2023 | Dec 1, 2022 | 0.20 | — | — | — |
| Nov 2, 2022 | Sep 1, 2022 | 0.32 | — | — | — |
| Jul 26, 2022 | Jun 1, 2022 | 0.16 | — | — | — |
Upgrades / downgrades
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Aug 24, 2023 | Raymond James | down | Outperform | Market Perform |
| Aug 17, 2023 | Truist Securities | down | Buy | Hold |
| Aug 16, 2023 | Wells Fargo | down | Overweight | Equal-Weight |
| Aug 16, 2023 | Scotiabank | down | Sector Outperform | Sector Perform |
| Aug 2, 2023 | Citigroup | down | Buy | Neutral |
| Aug 1, 2023 | JP Morgan | down | Neutral | Underweight |
About Crestwood Equity Partners LP
Crestwood Equity Partners LP develops, acquires, owns, controls, and operates assets and operations in the energy midstream sector in the United States. The company 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 facilities with approximately 818 MMcf/d of gathering capacity and 775 MMcf/d of processing capacity; crude oil facilities with approximately 250 MBbls/d of gathering capacity and 496,000 Bbls of storage capacity; and produced water facilities with approximately 421 MBbls/d of gathering and disposal capacity. The Gathering and Processing South segment provides natural gas gathering, compression, treating, and processing; and produced water gathering and disposal services to producers in the Delaware basins. This segment owns and operates natural gas facilities with 1.1 Bcf/d of gathering capacity and 613 MMcf/d of processing capacity; crude oil facilities with approximately 90 MBbls/d of gathering capacity; and produced water facilities with approximately 354 MBbls/d of gathering and disposal capacity. The Storage and Logistics segment offers natural gas liquids, crude oil, and natural gas storage, terminal, marketing, and transportation, including rail, truck and pipeline services to producers, refiners, marketers, utilities, and other customers. Crestwood Equity GP LLC serves as the general partner of Crestwood Equity Partners LP. The company was formerly known as Inergy L.P. and changed its name to Crestwood Equity Partners LP in October 2013. Crestwood Equity Partners LP was incorporated in 2001 and is headquartered in Houston, Texas.
- Sector
- Energy
- Industry
- Oil & Gas Midstream
- Country
- United States
- Website
- crestwoodlp.com
News
Earnings Scheduled For August 1, 2023 
Stocks That Hit 52-Week Lows On Friday 
Stocks That Hit 52-Week Lows On Thursday 
Benzinga's Top Ratings Upgrades, Downgrades For March 14, 2023 
Earnings Scheduled For February 21, 2023 
Earnings Scheduled For November 2, 2022 - Earnings Scheduled For July 26, 2022
- Earnings Scheduled For October 26, 2021
Stocks That Hit 52-Week Highs On Monday 
Stocks That Hit 52-Week Highs On Friday
Your note
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Insider holders
| Insider | Relation | Latest transaction | Date | Shares held |
|---|---|---|---|---|
| AVIKI DIACO | Chief Operating Officer | Stock Award(Grant) | Feb 13, 2023 | 138,056 |
| BLACK JOHN WILLIAM III | Chief Financial Officer | Stock Award(Grant) | Feb 13, 2023 | 93,849 |
| DOUGHERTY STEVEN MICHAEL | Officer | Stock Award(Grant) | Jun 29, 2023 | 378,302 |
| GFELLER WARREN H | Director | Stock Award(Grant) | Jan 9, 2023 | 65,964 |
| HALPIN ROBERT THORNBURY III | President | Stock Award(Grant) | Feb 13, 2023 | 550,839 |
| LAMBERT JOEL CHRISTIAN | Officer | Stock Award(Grant) | Feb 13, 2023 | 346,024 |
Institution ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Alps Advisors Inc. | 12.76% | 13,409,515 | 355.08M | Jun 29, 2023 |
| First Reserve GP XIII Ltd | 10.73% | 11,275,546 | 298.58M | Jun 29, 2023 |
| Invesco Ltd. | 5.46% | 5,741,718 | 152.04M | Jun 29, 2023 |
| Goldman Sachs Group Inc | 4.30% | 4,516,383 | 119.59M | Jun 29, 2023 |
| Mirae Asset Global Investments Co., Ltd. | 2.80% | 2,947,549 | 78.05M | Jun 29, 2023 |
| ClearBridge Investments, LLC | 2.40% | 2,521,298 | 66.76M | Jun 29, 2023 |
Fund ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Alps ETF Tr-Alerian MLP ETF | 11.63% | 12,217,890 | 313.51M | May 30, 2023 |
| Invesco Steelpath MLP Income Fund | 3.54% | 3,716,827 | 95.37M | May 30, 2023 |
| Global X Fds-Global X MLP ETF | 3.53% | 3,714,694 | 108.65M | Sep 29, 2023 |
| ClearBridge MLP & Midstream Fd | 1.17% | 1,225,775 | 31.45M | May 30, 2023 |
| Invesco Steelpath MLP Select 40 Fund | 0.94% | 990,057 | 25.40M | May 30, 2023 |
| ETFis Ser Tr I-InfraCap MLP ETF | 0.77% | 811,297 | 23.63M | Jul 30, 2023 |