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Crestwood Equity Partners LP CEQP

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Price alert · CEQP

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28.26 0.00 0.00%

At close · Nov 2

27.45 Day range 28.29

52-week range unavailable

Open
27.45
Prev close
28.26
Mkt cap
2.97B
Vol
4.18M
Avg vol
0
EPS
0.00
P/E
0.00
Div yield
9.27%
More statistics
Low
27.45
High
28.29
Forward P/E
15.03
Beta
0.00
Short ratio
2.27
Inst. own
53.17%
Dividend
2.62
Ex-div date
Oct 19, 2023
Earnings
Nov 1, 2023
50-d avg
28.62
200-d avg
26.60
1y target
28.00

2Y chart

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Interval

Events in this range
  • Nov 4, 2021Dividend: 0.625
  • Feb 4, 2022Dividend: 0.625
  • May 5, 2022Dividend: 0.655
  • Jul 26, 2022Earnings: —; estimate 0.16; surprise —%
  • Aug 4, 2022Dividend: 0.655
  • Nov 2, 2022Earnings: —; estimate 0.32; surprise —%
  • Nov 4, 2022Dividend: 0.655
  • Nov 14, 2022Dividend: 0.655
  • Feb 6, 2023Dividend: 0.655
  • Feb 21, 2023Earnings: —; estimate 0.2; surprise —%
  • May 2, 2023Earnings: —; estimate 0.15; surprise —%
  • May 5, 2023Dividend: 0.655
  • Aug 1, 2023Earnings: —; estimate 0.26; surprise —%
  • Aug 1, 2023Downgrade: JP Morgan · Neutral → Underweight
  • Aug 2, 2023Downgrade: Citigroup · Buy → Neutral
  • Aug 4, 2023Dividend: 0.655
  • Aug 16, 2023Downgrade: Wells Fargo · Overweight → Equal-Weight
  • Aug 16, 2023Downgrade: Scotiabank · Sector Outperform → Sector Perform
  • Aug 17, 2023Downgrade: Truist Securities · Buy → Hold
  • Aug 24, 2023Downgrade: Raymond James · Outperform → Market Perform
  • Oct 20, 2023Dividend: 0.003
  • Nov 1, 2023Earnings: —; estimate 0.28; surprise —%
Signals (116)
NameDateAgo
SMA: BearishOct 20, 20233 years ago
MACD: Sell SignalOct 20, 20233 years ago
MACD: Buy SignalOct 19, 20233 years ago
MACD: Sell SignalOct 18, 20233 years ago
MACD: Buy SignalOct 16, 20233 years ago
MACD: Sell SignalOct 12, 20233 years ago
MACD: Buy SignalOct 10, 20233 years ago
SMA: BullishOct 5, 20233 years ago
SMA: BearishOct 4, 20233 years ago
MACD: Sell SignalSep 21, 20233 years ago
MACD: Buy SignalSep 19, 20233 years ago
MACD: Sell SignalSep 14, 20233 years ago
MACD: Buy SignalAug 21, 20233 years ago
SMA: BullishAug 16, 20233 years ago
SMA: BullishAug 16, 20233 years ago
SMA: BearishAug 4, 20233 years ago
SMA: BearishAug 4, 20233 years ago
MACD: Sell SignalAug 1, 20233 years ago
RSI: OverboughtJul 24, 20233 years ago
RSI: OverboughtJul 20, 20233 years ago
MACD: Buy SignalJul 10, 20233 years ago
SMA: BullishJul 7, 20233 years ago
SMA: BearishJul 5, 20233 years ago
SMA: BullishJul 3, 20233 years ago
MACD: Sell SignalJun 22, 20233 years ago
SMA: BearishJun 21, 20233 years ago
RSI: OverboughtJun 16, 20233 years ago
SMA: BullishJun 14, 20233 years ago
MACD: Buy SignalMay 16, 20233 years ago
SMA: BullishMay 15, 20233 years ago
RSI: OversoldMay 10, 20233 years ago
SMA: BearishApr 25, 20233 years ago
MACD: Sell SignalApr 25, 20233 years ago
MACD: Buy SignalApr 24, 20233 years ago
MACD: Sell SignalApr 21, 20233 years ago
SMA: BearishApr 19, 20233 years ago
SMA: BullishApr 11, 20233 years ago
SMA: BearishApr 6, 20233 years ago
SMA: BullishApr 3, 20233 years ago
MACD: Buy SignalMar 28, 20233 years ago
RSI: OversoldMar 23, 20233 years ago
RSI: OversoldMar 15, 20233 years ago
MACD: Sell SignalMar 14, 20233 years ago
MACD: Buy SignalMar 7, 20233 years ago
MACD: Sell SignalFeb 21, 20233 years ago
MACD: Buy SignalFeb 14, 20233 years ago
MACD: Sell SignalFeb 6, 20233 years ago
MACD: Buy SignalJan 23, 20233 years ago
MACD: Sell SignalJan 20, 20233 years ago
SMA: BearishJan 10, 20233 years ago
SMA: BullishJan 9, 20233 years ago
MACD: Buy SignalJan 5, 20233 years ago
SMA: BearishDec 14, 20223 years ago
SMA: BullishDec 13, 20223 years ago
SMA: BearishDec 7, 20223 years ago
MACD: Sell SignalDec 6, 20223 years ago
SMA: BearishDec 5, 20223 years ago
MACD: Buy SignalDec 2, 20223 years ago
SMA: BullishNov 30, 20223 years ago
SMA: BullishNov 29, 20223 years ago
SMA: BearishNov 28, 20223 years ago
SMA: BearishNov 23, 20223 years ago
SMA: BullishNov 22, 20223 years ago
SMA: BearishNov 21, 20223 years ago
SMA: BullishNov 18, 20223 years ago
SMA: BearishNov 17, 20223 years ago
SMA: BullishNov 15, 20223 years ago
SMA: BearishNov 11, 20223 years ago
SMA: BullishNov 10, 20223 years ago
SMA: BearishNov 9, 20223 years ago
MACD: Sell SignalNov 3, 20223 years ago
MACD: Buy SignalOct 5, 20224 years ago
SMA: BullishOct 3, 20224 years ago
SMA: BearishSep 29, 20224 years ago
SMA: BullishSep 28, 20224 years ago
SMA: BullishSep 28, 20224 years ago
SMA: BearishSep 23, 20224 years ago
SMA: BearishSep 23, 20224 years ago
MACD: Sell SignalSep 23, 20224 years ago
RSI: OverboughtSep 14, 20224 years ago
SMA: BullishSep 9, 20224 years ago
MACD: Buy SignalSep 9, 20224 years ago
MACD: Sell SignalSep 1, 20224 years ago
SMA: BearishAug 30, 20224 years ago
SMA: BullishAug 29, 20224 years ago
SMA: BearishAug 26, 20224 years ago
SMA: BullishAug 25, 20224 years ago
MACD: Buy SignalAug 16, 20224 years ago
SMA: BullishAug 11, 20224 years ago
MACD: Sell SignalAug 8, 20224 years ago
SMA: BearishAug 4, 20224 years ago
SMA: BullishJul 27, 20224 years ago
MACD: Buy SignalJul 11, 20224 years ago
RSI: OversoldJun 23, 20224 years ago
RSI: OversoldJun 16, 20224 years ago
MACD: Sell SignalJun 13, 20224 years ago
SMA: BearishJun 8, 20224 years ago
SMA: BullishJun 7, 20224 years ago
MACD: Buy SignalMay 18, 20224 years ago
SMA: BearishMay 5, 20224 years ago
SMA: BullishMay 4, 20224 years ago
SMA: BearishApr 25, 20224 years ago
MACD: Sell SignalApr 25, 20224 years ago
MACD: Buy SignalApr 12, 20224 years ago
MACD: Sell SignalMar 31, 20224 years ago
MACD: Buy SignalMar 28, 20224 years ago
SMA: BullishMar 17, 20224 years ago
MACD: Sell SignalMar 14, 20224 years ago
MACD: Buy SignalFeb 16, 20224 years ago
SMA: BullishFeb 11, 20224 years ago
SMA: BearishFeb 10, 20224 years ago
MACD: Sell SignalJan 24, 20224 years ago
RSI: OverboughtJan 11, 20224 years ago
RSI: OversoldDec 17, 20214 years ago
RSI: OversoldDec 6, 20214 years ago
RSI: OversoldNov 26, 20214 years ago

Key statistics

Market cap
2.97B
Enterprise value
7.32B
Trailing P/E
21.91
Forward P/E
15.03
PEG ratio
3.77
Price / sales
0.62
Price / book
2.47
EPS (TTM)
1.29
Beta
0.00
Dividend yield
9.27%
Payout ratio
203.10%
Profit margin
4.07%
Revenue (TTM)
4.83B
Revenue growth
-27.20%
Free cash flow
415.48M
Total cash
23.80M
Total debt
3.30B
Return on equity
11.17%
Shares outstanding
105.10M
Short % of float
1.97%
50-day average
28.62
200-day average
26.60

Analyst view

Consensus: buy

Buy
Price target (mean) 28.00
Ratings (0m) 9 3 buy · 5 hold · 1 sell
  • Strong buy1
  • Buy2
  • Hold5
  • Sell1
  • Strong sell0

Next earnings

Nov 1, 2023

Expected Nov 1, 2023. Consensus EPS estimate 0.53.

Earnings history

Financials — quick view

All financials
CEQP Revenue — quarterly 1.14B
2019-Q4 20192020-Q1 20202020-Q2 20202020-Q3 20202020-Q4 20202021-Q1 20212021-Q2 20212021-Q3 20212021-Q4 20212022-Q1 20222022-Q2 20222022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 2023
CEQP Net income — quarterly -20.00M
2019-Q4 20192020-Q1 20202020-Q2 20202020-Q3 20202020-Q4 20202021-Q1 20212021-Q2 20212021-Q3 20212021-Q4 20212022-Q1 20222022-Q2 20222022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 2023
CEQP EPS — quarterly -0.33
2019-Q4 20192020-Q1 20202020-Q2 20202020-Q3 20202020-Q4 20202021-Q1 20212021-Q2 20212021-Q3 20212021-Q4 20212022-Q1 20222022-Q2 20222022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 2023

Earnings

CEQP recent earnings
Report dateQuarter endingEPS estimateEPS reportedSurpriseSurprise %
Nov 1, 2023Sep 1, 20230.28———
Aug 1, 2023Jun 1, 20230.26———
May 2, 2023Mar 1, 20230.15———
Feb 21, 2023Dec 1, 20220.20———
Nov 2, 2022Sep 1, 20220.32———
Jul 26, 2022Jun 1, 20220.16———

Upgrades / downgrades

CEQP analyst upgrades and downgrades
DateFirmActionFromTo
Aug 24, 2023Raymond JamesdownOutperformMarket Perform
Aug 17, 2023Truist SecuritiesdownBuyHold
Aug 16, 2023Wells FargodownOverweightEqual-Weight
Aug 16, 2023ScotiabankdownSector OutperformSector Perform
Aug 2, 2023CitigroupdownBuyNeutral
Aug 1, 2023JP MorgandownNeutralUnderweight

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

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Insider holders

CEQP insider holders
InsiderRelationLatest transactionDateShares held
AVIKI DIACOChief Operating OfficerStock Award(Grant)Feb 13, 2023138,056
BLACK JOHN WILLIAM IIIChief Financial OfficerStock Award(Grant)Feb 13, 202393,849
DOUGHERTY STEVEN MICHAELOfficerStock Award(Grant)Jun 29, 2023378,302
GFELLER WARREN HDirectorStock Award(Grant)Jan 9, 202365,964
HALPIN ROBERT THORNBURY IIIPresidentStock Award(Grant)Feb 13, 2023550,839
LAMBERT JOEL CHRISTIANOfficerStock Award(Grant)Feb 13, 2023346,024

Institution ownership

CEQP institution ownership
Holder% heldSharesValueReported
Alps Advisors Inc.12.76%13,409,515355.08MJun 29, 2023
First Reserve GP XIII Ltd10.73%11,275,546298.58MJun 29, 2023
Invesco Ltd.5.46%5,741,718152.04MJun 29, 2023
Goldman Sachs Group Inc4.30%4,516,383119.59MJun 29, 2023
Mirae Asset Global Investments Co., Ltd.2.80%2,947,54978.05MJun 29, 2023
ClearBridge Investments, LLC2.40%2,521,29866.76MJun 29, 2023

Fund ownership

CEQP fund ownership
Holder% heldSharesValueReported
Alps ETF Tr-Alerian MLP ETF11.63%12,217,890313.51MMay 30, 2023
Invesco Steelpath MLP Income Fund3.54%3,716,82795.37MMay 30, 2023
Global X Fds-Global X MLP ETF3.53%3,714,694108.65MSep 29, 2023
ClearBridge MLP & Midstream Fd1.17%1,225,77531.45MMay 30, 2023
Invesco Steelpath MLP Select 40 Fund0.94%990,05725.40MMay 30, 2023
ETFis Ser Tr I-InfraCap MLP ETF0.77%811,29723.63MJul 30, 2023
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