Crestwood Equity Partners (CEQP) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $28.26 to $28.26
• 50-Day Range: $27.08 to $29.51
• 52-Week Range: $22.11 to $30.40
• Volume: N/A
• Average Volume: 573,742 shs
• Market Capitalization: $2.97 billion
• P/E Ratio: 30.39
• Dividend Yield: 9.27%
• Price Target: N/A
• Consensus Rating: N/A

CEQP Stock Analysis - Frequently Asked Questions

How were Crestwood Equity Partners' earnings last quarter?

Crestwood Equity Partners LP (NYSE:CEQP) released its earnings results on Tuesday, August, 1st. The pipeline company reported $1.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.26 by $0.90. The pipeline company had revenue of $1.02 billion for the quarter, compared to analyst estimates of $1.19 billion. Crestwood Equity Partners had a trailing twelve-month return on equity of 14.05% and a net margin of 3.11%.

What other stocks do shareholders of Crestwood Equity Partners own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Crestwood Equity Partners investors own include Cenovus Energy (CVE), Crescent Point Energy (CPG), Energy Transfer (ET), Enterprise Products Partners (EPD), AT&T (T), Rithm Capital (RITM) and Mplx (MPLX).

Company Calendar

• Last Earnings: 8/01/2023
• Today: 12/28/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Energy
• Industry: Oil & Gas Midstream
• Sub-Industry: N/A
• Current Symbol: NYSE:CEQP
• CUSIP: N/A
• CIK: 1136352
• Web: www.crestwoodlp.com
• Phone: (832) 519-2200
• Fax: 832-519-2250
• Employees: 753
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $0.93
• Trailing P/E Ratio: 30.39
• Forward P/E Ratio: 13.46
• P/E Growth: N/A
• Net Income: $31.30 million
• Net Margins: 3.11%
• Pretax Margin: 3.94%
• Return on Equity: 14.05%
• Return on Assets: 3.71%

Debt

• Debt-to-Equity Ratio: 1.87
• Current Ratio: 1.37
• Quick Ratio: 1.10

Sales & Book Value

• Annual Sales: $6.00 billion
• Price / Sales: 0.49
• Cash Flow: $3.65 per share
• Price / Cash Flow: 7.75
• Book Value: $16.53 per share
• Price / Book: 1.71

Miscellaneous

• Outstanding Shares: 105,100,000
• Free Float: 99,694,000
• Market Cap: $2.97 billion
• Optionable: Optionable
• Beta: 2.43