Upgrade to MarketBeat All Access to add more stocks to your watchlist. 14 employees have rated Crestwood Equity Partners Chief Executive Officer Robert G. Phillips on Glassdoor.com. Robert G. Phillips has an approval rating of 65% among the company’s employees.
- The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries.
- Based on an average daily volume of 515,600 shares, the days-to-cover ratio is currently 7.4 days.
- None of these entities provide legal, tax, or accounting advice.
- Crestwood Equity Partners’ stock was trading at $26.19 at the start of the year.
Sign-up to receive the latest news and ratings for Crestwood Equity Partners and its competitors with MarketBeat’s FREE daily newsletter. The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%. An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s. The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.
Crestwood Equity Partners LP CEQP (U.S.: NYSE)
As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. Banking services and bank accounts are offered by Jiko Bank, a division of Mid-Central National Bank, Member FDIC.
According to 8 analysts, the average rating for CEQP stock is “Hold.” The 12-month stock price forecast is $28.67, which is a decrease of -0.31% from the latest price. Crestwood Equity Partners announced a quarterly dividend on Thursday, July 20th. Investors of record on Monday, August 7th will be paid a dividend of $0.655 per share on Monday, August 14th. This represents a $2.62 annualized dividend and a yield of 9.11%. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer.
Zacks Earnings ESP (Expected Surprise Prediction) looks to find companies that have recently seen positive earnings estimate revision activity. The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season. The scores are based on the trading styles of Value, Growth, and Momentum. There’s also a VGM Score (‘V’ for Value, ‘G’ for Growth and ‘M’ for Momentum), which combines the weighted average of the individual style scores into one score. Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.
The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities. You can find your newly purchased CEQP stock in your portfolio—alongside the rest of your stocks, relative vigor index ETFs, crypto, treasuries, and alternative assets. The best mid-cap stocks are the market’s so-called “sweet spot,” offering up an ideal combination of financial stability and growth potential. Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.
CEQP Stock Price Today
Data may be intentionally delayed pursuant to supplier requirements. CEQP’s beta can be found in Trading Information at the top of this page. A stock’s beta measures how closely tied its price movements have been to the performance of the overall market. The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 1st 2023. Crestwood Equity Partners saw a decrease in short interest during the month of August. As of August 15th, there was short interest totaling 3,820,000 shares, a decrease of 5.4% from the July 31st total of 4,040,000 shares.
On average, they expect the company’s share price to reach $28.13 in the next year. This suggests that the stock has a possible downside of 2.2%. View analysts price targets for CEQP or view top-rated stocks among Wall Street analysts. Keep in mind that other fees such as regulatory fees, Premium subscription fees, commissions on trades during extended trading hours, wire transfer fees, and paper statement fees may apply to your brokerage account.
The consensus among Wall Street equities research analysts is that investors should “reduce” CEQP shares. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.32% per year.
How ET’s Acquisition Could Bolster CEQP’s Market Access And Financial Health: Analyst On The $7.1B Deal
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CEQP’s historical performance
against its industry peers and the overall market. Energy Transfer LP ET said Wednesday it would pay 2.07 common units for each unit of Crestwood Equity Partners LP CEQP in an all-equity deal valued at $7.1 billion, including the assumption of $3.3 bi…
- An indication of interest to purchase securities involves no obligation or commitment of any kind.
- The technique has proven to be very useful for finding positive surprises.
- The best mid-cap stocks are the market’s so-called “sweet spot,” offering up an ideal combination of financial stability and growth potential.
- And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data.
- There’s also a VGM Score (‘V’ for Value, ‘G’ for Growth and ‘M’ for Momentum), which combines the weighted average of the individual style scores into one score.
These returns cover a period from January 1, 1988 through July 31, 2023. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations.
About Crestwood Equity Partners (NYSE:CEQP) Stock
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For more information on risks and conflicts of interest, see these disclosures. No offer to buy securities can be accepted, and no part of the purchase price can be received, until an offering statement filed with the SEC has been qualified by the SEC. An indication of interest to purchase securities involves no obligation or commitment of any kind. All investments involve the risk of loss and the past performance of a security or a financial product does not guarantee future results or returns. You should consult your legal, tax, or financial advisors before making any financial decisions.
What sector and industry does Crestwood Equity Partners (CEQP) operate in?
Based on an average daily volume of 515,600 shares, the days-to-cover ratio is currently 7.4 days. Crestwood Equity Partners’ stock was trading at $26.19 at the start of the year. Since then, CEQP stock has increased by 9.8% and is now trading at $28.76. The technique has proven to be very useful for finding positive surprises.
Investors love dividend stocks but there are different ways to look at them, including various “quality” approaches. Oasis Midstream Partners LP shares rose 5% on Tuesday after the pipeline company said it agreed to be acquired by Crestwood Equity Partners LP in a deal valued at $1.8 billion, including debt. Data are provided ‘as is’ for informational purposes only and are not intended for trading purposes.