Crestwood Unitholders Approve Energy Transfer Transaction
- HOUSTON--(BUSINESS WIRE)--Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood”) today announced that, at its special meeting of unitholders (the “Special Meeting”), Crestwood unitholders approved the previously announced transaction (the “Transaction”) with Energy Transfer LP (“Energy Transfer”). The Transaction is expected to close on November 3, 2023. ”On behalf of Crestwood, I would like to thank our unitholders for their strong support in approving the Transaction with Energy Transfer. We.
- 10/30/2023
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Crestwood Announces Receipt of Requisite Consents With Respect to its Previously Announced Consent Solicitation
- HOUSTON--(BUSINESS WIRE)--Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood”) today announced the receipt of consents from holders of record of its outstanding 9.250% Perpetual Preferred Units (the “Preferred Units”) (CUSIP/ISIN: 226344307 / US2263443077) as of September 22, 2023 (collectively, the “Preferred Holders”) necessary to approve the proposed amendment (the “Proposed Amendment”) to Crestwood's Sixth Amended and Restated Agreement of Limited Partnership, dated August 20, 2021, in c.
- 10/24/2023
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Leading Independent Proxy Advisory Firm Glass Lewis Recommends Crestwood Unitholders Vote “FOR” the Transaction with Energy Transfer
- HOUSTON--(BUSINESS WIRE)--Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood”) today announced that leading independent proxy advisory firm Glass Lewis & Co. (“Glass Lewis”) recommends that unitholders vote “FOR” the pending transaction (the “Transaction”) with Energy Transfer LP (NYSE: ET) (“Energy Transfer”) ahead of the special meeting of unitholders scheduled to be held on October 30, 2023. In its report dated October 20, 2023, Glass Lewis stated1: “We believe the terms of the merger.
- 10/23/2023
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Energy Transfer and Crestwood Announce Election Deadline for Crestwood Preferred Unitholders to Elect Form of Merger Consideration
- DALLAS & HOUSTON--(BUSINESS WIRE)--Energy Transfer LP (NYSE: ET) (“Energy Transfer”) and Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood”) announced today that, in connection with Energy Transfer's pending acquisition of Crestwood, the deadline for holders of Crestwood's outstanding 9.250% Perpetual Preferred Units (the “Crestwood Preferred Units” and such holders, the “Crestwood Preferred Unitholders”) to elect the form of merger consideration they wish to receive in the transaction has.
- 10/23/2023
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Crestwood Announces Extension of its Previously Announced Consent Solicitation
- HOUSTON--(BUSINESS WIRE)--Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood”) today announced the extension of its previously announced solicitation of consents (the “Consent Solicitation”) from holders of record of its outstanding 9.250% Perpetual Preferred Units (the “Preferred Units”) (CUSIP/ISIN: 226344307 / US2263443077) as of September 22, 2023 (collectively, the “Preferred Holders”) to approve the proposed amendment (the “Proposed Amendment”) to Crestwood's Sixth Amended and Restated.
- 10/20/2023
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Crestwood Announces Extension of its Previously Announced Consent Solicitation
- HOUSTON--(BUSINESS WIRE)--Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood”) today announced the extension of its previously announced solicitation of consents (the “Consent Solicitation”) from holders of record of its outstanding 9.250% Perpetual Preferred Units (the “Preferred Units”) (CUSIP/ISIN: 226344307 / US2263443077) as of September 22, 2023 (collectively, the “Preferred Holders”) to approve the proposed amendment (the “Proposed Amendment”) to Crestwood's Sixth Amended and Restated.
- 10/18/2023
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Is Crestwood Equity Partners (CEQP) Stock Undervalued Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 10/16/2023
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Why Crestwood Equity Partners LP (CEQP) is a Top Momentum Stock for the Long-Term
- The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
- 10/13/2023
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Crestwood Announces Quarterly and Special Distributions
- HOUSTON--(BUSINESS WIRE)--Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood”) announced today that the board of directors of its general partner (the “Board”) declared a quarterly cash distribution of $0.655 per common unit ($2.620 annually) for the quarter ended September 30, 2023, which is unchanged quarter-over-quarter. In addition, Crestwood announced a quarterly cash distribution of $0.2111 per preferred unit ($0.8444 annually). Both common and preferred distributions will be made on O.
- 10/12/2023
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3 Oil & Gas Pipeline Stocks to Gain From the Prospering Industry
- Having a huge backlog of growth projects, midstream players secure additional cashflows, thereby brightening the outlook for the Zacks Oil and Gas - Pipeline MLP industry. Some of the frontrunners in the industry are Enterprise (EPD), NuStar (NS) and Crestwood Equity (CEQP).
- 10/12/2023
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CRESTWOOD EQUITY INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Crestwood Equity Partners LP - CEQP
- NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Crestwood Equity Partners LP (NYSE: CEQP) to Energy Transfer LP (NYSE: ET). Under the terms of the proposed transaction, common unitholders of Crestwood will receive 2.07 Energy Transfer common units for each Crestwood common unit that they own. KSF is seeking to determine whether this consideration and the pr.
- 10/06/2023
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Here's Why Hold Strategy is Apt for Crestwood (CEQP) Stock Now
- Crestwood (CEQP) is steadfast in its commitment to allocating all free cash flow following distributions to reduce debt throughout 2023.
- 10/06/2023
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Here's Why Crestwood Equity Partners LP (CEQP) is a Strong Growth Stock
- Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
- 10/06/2023
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Crestwood Preferreds Consent Compensation Provides More Than Fair Value
- Crestwood is seeking consent to remove certain features from the preferreds. The feature with the most value is a penalty rate for suspended preferred dividends but the scenario where this feature has value is even less likely than bankruptcy. In return for consent, the company is offering an 18-cent cash fee and a put option worth 28 cents.
- 10/03/2023
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Crestwood Announces Filing of Definitive Proxy Statement in Connection with Pending Energy Transfer Transaction
- HOUSTON--(BUSINESS WIRE)--Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood”) today announced the filing of a definitive proxy statement with the U.S. Securities and Exchange Commission (the “SEC”) in connection with Energy Transfer LP's (NYSE: ET) (“Energy Transfer”) pending acquisition of Crestwood. Crestwood also launched a website, www.votecrestwood.com, which provides details on how common and preferred unitholders can attend and submit votes for the special meeting. The special meetin.
- 09/29/2023
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Passive Income: Defensive 8-10% Yields With Strong Growth Potential
- Passive income is arguably the best way to invest, both for retirees and younger investors who are looking to compound wealth for the long-term. Fortunately, there are a plethora of sustainable high yielding opportunities available right now. We share three that not only offer attractive current yields, but also have the potential to grow their payouts at a brisk pace for years to come.
- 08/28/2023
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I Wouldn't Even Consider Buying This Stock Just a Few Years Back. Now I Can't Stop Buying Shares.
- Energy Transfer's weak financial position and its distribution cut kept me from adding to my investment in recent years. That payout reduction enabled it to retain more cash to reduce debt.
- 08/24/2023
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Crestwood (CEQP) Signs Deal to Divest Stakes in All-Stock Deal
- Per the terms of the deal, Crestwood (CEQP) unitholders will receive 2.07 Energy Transfer (ET) common units for each of its common units.
- 08/17/2023
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MLP M&A Continues: ET to Acquire CEQP
- Energy Transfer (ET) plans to acquire Crestwood Equity Partners (CEQP) in all-equity deal valued at $7.1 billion, including the assumption of debt and preferred securities. The transaction is expected to close in 4Q23 subject to typical approvals, including a vote by CEQP unitholders.
- 08/16/2023
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Energy Transfer to buy Crestwood in $7.1 billion deal
- Pipeline operator Energy Transfer said on Wednesday it will buy Crestwood Equity Partners in a deal valued at about $7.1 billion, including $3.3 billion in debt.
- 08/16/2023
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Energy Transfer buying Crestwood Equity Partners in unit-for-unit deal
- 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 billion of debt. Based on Energy Transfer's closing unit price of $12.56 per unit on Tuesday, the deal values Crestwood Equity Partners at about $26 per unit, in line with its closing price of $26.19 on Tuesday.
- 08/16/2023
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3 Top-Ranked Stocks for Investors Seeking Dividend Income
- Investors may keep a tab on stocks like GGB, CEQP and TSQ, with higher dividend yields compared to the industry.
- 08/11/2023
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Time to Buy These Top-Rated Stocks After Massive Earnings Beats
- The earnings potential of these companies is very appealing and easily surpassing their quarterly bottom-line expectations reconfirmed this.
- 08/02/2023
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Compared to Estimates, Crestwood Equity Partners LP (CEQP) Q2 Earnings: A Look at Key Metrics
- The headline numbers for Crestwood Equity Partners LP (CEQP) give insight into how the company performed in the quarter ended June 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
- 08/01/2023
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Supercharge Your Passive Income With These Roughly 9%-Yielding Dividend Stocks
- Crestwood's 9.1%-yielding payout is on an increasingly firm financial foundation. Energy Transfer expects to grow its 9.4%-yielding payout by 3% to 5% per year.
- 07/28/2023
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3 Oil & Gas Pipeline Stocks From the Prospering Industry
- Oil price is still extremely favorable for exploration and production activities. Higher upstream activities will possibly boost demand for pipeline and storage assets, thereby brightening the outlook for the Zacks Oil and Gas – Pipeline MLP industry.
- 07/24/2023
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3 Oil & Gas Pipeline Stocks From the Prospering Industry
- Having a huge backlog of growth projects, midstream players secure additional cashflows, thereby brightening the outlook for the Zacks Oil and Gas - Pipeline MLP industry. Some of the frontrunners in the industry are Enterprise (EPD), NuStar (NS) and Crestwood Equity (CEQP).
- 07/24/2023
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Crestwood Announces Quarterly Distribution and Schedules Second Quarter 2023 Earnings Release Date
- HOUSTON--(BUSINESS WIRE)--Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood”) announced today that the board of directors of its general partner declared a quarterly cash distribution of $0.655 per limited partner unit ($2.620 annually) for the quarter ended June 30, 2023, which is unchanged quarter-over-quarter. In addition, Crestwood announced a quarterly cash distribution of $0.2111 per preferred equity unit ($0.8444 annually). Both common and preferred distributions will be made on Augu.
- 07/20/2023
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Supercharge Your Passive Income With These 9%-Yielding Dividend Stocks
- Crestwood Equity Partners pays a 9.9%-yielding distribution backed by solid and improving financials. MPLX yields 9% supported by a very strong financial foundation.
- 07/08/2023
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3 Ultra-High-Yield Dividend Stocks to Buy for Boatloads of Passive Income
- Energy Transfer plans to grow its high-yielding payout by 3% to 5% annually. Crestwood Equity Partners is working to put its high-yield payout on an even more sustainable foundation.
- 06/17/2023
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Crestwood Equity Partners Preferreds: 9% Yield, Strong Investor Protection
- The Crestwood Equity Partners LP preferred shares yield 9.24% and have stronger investor protections than most preferreds. Adjusted EBITDA rose 11%, and net income surged 87% in Q1 2023. Management expects even higher Free Cash Flow in the 2nd half of 2023, which will be allocated to further debt paydown and leverage reduction.
- 06/16/2023
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New Strong Sell Stocks for June 5th
- CEQP, FMBH and KRO have been added to the Zacks Rank #5 (Strong Sell) List on June 5, 2023.
- 06/05/2023
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Why Is Crestwood Equity Partners LP (CEQP) Up 5.8% Since Last Earnings Report?
- Crestwood Equity Partners LP (CEQP) reported earnings 30 days ago. What's next for the stock?
- 06/01/2023
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Is the Options Market Predicting a Spike in Crestwood Equity (CEQP) Stock?
- Investors need to pay close attention to Crestwood Equity (CEQP) stock based on the movements in the options market lately.
- 06/01/2023
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Natural Gas Demand Is Booming: 2 Great Yields To Buy
- Natural gas has been an unexpected beneficiary of the green revolution. This should result in a boom in demand for Natural Gas as a multi-year trend.
- 05/17/2023
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3 High-Quality Ultra-High-Yield Dividend Stocks Passive Income Investors Won't Want to Miss
- Crestwood's double-digit yield is on solid ground and getting stronger. Hess Midstream expects to grow its big-time payout at a decent clip over the next couple of years.
- 05/11/2023
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Crestwood (CEQP) Stock Falls 3.8% Despite In-Line Q1 Earnings
- Declining contributions from Gathering and Processing North business hurt Crestwood's (CEQP) Q1 earnings.
- 05/10/2023
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3 Ultra-High-Yield Dividend Stocks Down 17% to 27% to Buy on the Dip
- Crestwood Equity now offers a yield of more than 10%. Enbridge's dip has pushed its dividend yield up towards 7%.
- 04/08/2023
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10 Biggest Energy Companies With Very High Dividend Yields
- The dividend yield of a stock is the ratio of the share price and the dividend paid over the past twelve months.
- 03/31/2023
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MLP Preferred Units Ranked By Quality
- Preferred MLP units offer consistent dividends and enhanced bankruptcy protections. The MLP preferred units evaluated pay distributions with forward yields ranging from 6.3% to 12.2%.
- 03/30/2023
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Midstream Energy Stocks Ranked By Quality
- Given the current uncertainty, I believe high-quality, favorably valued, and low-risk investments warrant increased attention. Some midstream energy companies boast durable revenue, profitability, and well-supported high dividend yields.
- 03/26/2023
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Buffett Says Be A Long-Term Investor: 2 Dividends To Hold Forever
- Are you really the long-term investor that you claim to be? Buffett's Berkshire has held Coca-Cola for ~35 years; how old is your longest-held stock?
- 03/23/2023
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Why Is Crestwood Equity Partners LP (CEQP) Down 7.2% Since Last Earnings Report?
- Crestwood Equity Partners LP (CEQP) reported earnings 30 days ago. What's next for the stock?
- 03/23/2023
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These Super Cheap Dividend Stocks Can Supercharge Your Income
- Brookfield Infrastructure Partners trades at a much lower valuation than its corporate twin and the broader market. Crestwood Equity Partners and Energy Transfer trade at cheaper valuations compared to other pipeline stocks.
- 03/12/2023
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CEQP.P: Unique Preferred Units, 9% Yield, Strong Coverage, Outperforming
- The Crestwood Equity Partners LP preferreds yield 9.32%, and have stronger protections than most preferreds. The preferred dividend coverage improved 7.17X to an even stronger 8.76X in 2022.
- 03/12/2023
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Crestwood Equity Partners: Get A Solid 10.3% Yield On The Drop
- Crestwood Equity Partners presents investors with a buying opportunity. CEQP achieved a distribution coverage ratio of 1.8x in 2022, suggesting that the dividend will continue to grow.
- 03/06/2023
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Energy Income Weekly: Guiding For Growth In 2023
- Energy income equities were largely flat in an ugly week for the stock market. Fourth-quarter earnings results and forward guidance continue to come in strong.
- 03/03/2023
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This Dividend Stock's Brilliant Strategy Continues to Supercharge Its Growth
- The company actively enhances its portfolio.
- 02/27/2023
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3 Dividend Stocks to Buy if You Need Income Today
- These stocks offer attractive income right now.
- 02/26/2023
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Crestwood (CEQP) Tops on Q4 Earnings, Gives 2023 EBITDA View
- Higher gas gathering and processing volumes aid Crestwood's (CEQP) earnings in Q4.
- 02/22/2023
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This Stock's Ultra-High-Yielding Dividend Is Getting Safer By the Deal
- Crestwood Equity Partners' robust payout is on an increasingly firm foundation.
- 02/22/2023
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Crestwood Equity Partners LP (CEQP) Q4 2022 Earnings Call Transcript
- Crestwood Equity Partners LP (NYSE:CEQP ) Q4 2022 Earnings Conference Call February 21, 2023 9:00 AM ET Company Participants Robert Phillips - Founder, Chairman, and Chief Executive Officer Robert Halpin - President John Black - Executive Vice President and Chief Financial Officer Conference Call Participants Spiro Dounis - Citi Neal Dingmann - Truist Securities Operator Good morning, and welcome to today's conference call to discuss Crestwood Equity Partners' Fourth Quarter 2022 Financial and Operating Results and 2023 Outlook. Before we begin the call, listeners are reminded that the company may make certain forward-looking statements as defined in the Securities and Exchange Act of 1934 that are based on assumptions and information currently available at the time of today's call.
- 02/21/2023
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Crestwood Equity: Dealmaking Has Transformed The Company
- Acquisitions and divestitures have re-positioned CEQP's assets. Improved in-basin scale will allow for more high-return projects or bolt-on acquisitions.
- 02/17/2023
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Energy Income Weekly: Strong Fundamentals Continue To Drive Equity Outperformance
- Strong commodity prices caused gathering and processing and royalty trust equities to outperform. Fourth quarter energy sector earnings are coming in strong.
- 02/15/2023
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Want $2,000 in Passive Income? Invest $10,000 in These 3 Monster Energy Stocks and Wait 3 Years
- These energy companies expect to pay massive dividends in the coming years.
- 01/28/2023
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Energy Income Weekly: Commodity Price Declines Fail To Dent Midstream Cash Flows
- It was a flat week for energy income equities where gainers and decliners were roughly equal. Natural gas-weighted names were weak in response to the 7% decline in natural gas prices.
- 01/24/2023
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2 Ultra-High-Yield Energy Stocks to Buy in 2023 and Beyond
- These big-time dividend stocks have important catalysts that should fuel future income growth.
- 01/21/2023
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Crestwood Announces Quarterly Distribution and Schedules Fourth Quarter 2022 Earnings Release Date
- HOUSTON--( BUSINESS WIRE )--Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood”) today announced that the board of directors of its general partner has declared the partnership's quarterly cash distribution of $0.655 per limited partner unit ($2.620 annually) for the quarter ended December 31, 2022, which is flat quarter-over-quarter. In addition, Crestwood announced a quarterly cash distribution of $0.2111 per Class A preferred equity unit ($0.8444 annually). Both common and preferred distributions will be made on February 14, 2023, to unitholders of record as of February 7, 2023.
- 01/19/2023
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Energy Income Weekly: A Surging WTI Fuels The Risk-On Trade
- Commodity-exposed energy names significantly outperformed during the week. Various names have either broken out or are on the verge of breaking out to 52-week highs.
- 01/18/2023
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Crestwood Equity Partners Preferred Shares: Major Market Mispricing
- CEQP Preferred shares have better shareholder benefits than most, including being non-redeemable. This coming from a company with 80% of revenues being fixed rate/take or pay.
- 01/16/2023
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3 High-Yield Stocks to Buy for 2023
- These companies look like great options for income-seeking investors this year.
- 01/15/2023
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Crestwood Equity: 9.5% Yield, Strong Distribution Coverage, Cheap Valuation
- Crestwood Equity Partners LP is a growing midstream with strong distributable cash flow. Distribution coverage all but ensures distribution growth.
- 01/13/2023
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2 Wildly Undervalued Ultra-High-Yield Stocks to Buy Hand Over Fist
- These stocks are ridiculously cheap, which is why their yields are sky-high.
- 12/22/2022
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11 high-yield dividend stocks that are Wall Street's favorites for 2023
- Investors love dividend stocks but there are different ways to look at them, including various “quality” approaches. Today we are focusing on high yields.
- 12/21/2022
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Crestwood Equity (CEQP) Down Marginally Since Q3 Earnings Miss
- Higher operating expenses hurt Crestwood Equity's (CEQP) Q3 earnings.
- 11/17/2022
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Crestwood: Small Delay In Volume Growth Should Correct This Quarter And Next
- Small decline in midpoint of EBITDA guidance due in part to Marcellus sale and production delays from Williston production volume. Balance sheet remains in great shape.
- 11/02/2022
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Crestwood Equity Partners LP (CEQP) Q3 2022 Earnings Call Transcript
- Crestwood Equity Partners LP (NYSE:CEQP ) Q3 2022 Earnings Conference Call November 2, 2022 9:00 AM ET Company Participants Robert Halpin - President Diaco Aviki - EVP & COO John Black - EVP & CFO Conference Call Participants Stephen McGee - JPMorgan Chase & Co. Neal Dingmann - Truist Securities Ned Baramov - Wells Fargo Securities Elvira Scotto - RBC Capital Markets Operator Good morning, and welcome to today's conference call to discuss Crestwood Equity Partners' Third Quarter 2022 Financial and Operating Results. Before we begin the call, listeners are reminded that the company may take certain forward-looking statements as defined in the Securities and Exchange Act of 1934 that are based on assumptions and information currently available at the time of today's call.
- 11/02/2022
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2 Dividends To Buy And Hold Forever
- We all want those investments that we can just buy and forget. Long-term opportunities are born when there is a big disconnect between market price action and company fundamentals.
- 10/28/2022
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Crestwood Announces Quarterly Distribution and Schedules Third Quarter 2022 Earnings Release Date
- HOUSTON--(BUSINESS WIRE)--Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood”) announced today that the board of directors of its general partner has declared the partnership's quarterly cash distribution of $0.655 per limited partner unit ($2.620 annually) for the quarter ended September 30, 2022, which is flat quarter-over-quarter.
- 10/20/2022
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Go With The Flow: Outperforming Energy Preferreds From Crestwood And DCP Midstream, Yielding 8-9%
- The energy sector is the only positive sector in 2022 and over the last year. We profile three outperforming Energy stocks still selling at discounts.
- 10/16/2022
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Want $2,000 in Passive Income? Invest $10,000 in These 2 Monster Energy Stocks and Wait 2 Years
- These energy stocks offer high-octane passive income streams.
- 10/01/2022
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Crestwood Equity Partners: The Numbers Are Not Stacking Up
- Crestwood Equity Partners lifted their distributions by nearly 5% earlier in 2022 following their acquisition of Oasis Midstream. Disappointingly, their subsequently announced upcoming acquisitions and divestitures appear likely to hinder their distribution growth.
- 09/27/2022
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Crestwood Equity Partners: Unique Preferred Units, 9% Yield, Strong Coverage
- CEQP's preferred units yield 9.23% and pay quarterly. They have stronger investor protections than most preferreds.
- 09/23/2022
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1 Incredibly Cheap Ultra-High-Yield Dividend Stock You Won't Want to Miss
- The company is making moves to take advantage of its bottom-of-the-barrel valuation.
- 09/14/2022
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Crestwood (CEQP) to Divest Marcellus Shale Assets for $205M
- Crestwood (CEQP) will utilize the divestment proceeds to enhance its financial flexibility by reducing debt and undertaking opportunistic common unit repurchases.
- 09/13/2022
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Crestwood: Busy Afternoon
- Crestwood selling Marcellus Assets for $205 million. Final step in rationalizing the asset portfolio. Chord Energy selling its stake in the company removing overhang.
- 09/13/2022
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Here is What to Know Beyond Why Crestwood Equity Partners LP (CEQP) is a Trending Stock
- Crestwood Equity Partners LP (CEQP) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 08/29/2022
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3 Under-the-Radar Ironclad Dividend Stocks You Won't Want to Miss
- These relatively unknown dividends are on rock solid ground.
- 08/22/2022
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Is Trending Stock Crestwood Equity Partners LP (CEQP) a Buy Now?
- Zacks.com users have recently been watching Crestwood Equity Partners LP (CEQP) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
- 08/16/2022
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3 Ultra-High-Yielding Energy Stocks to Buy With $1,000
- These energy stocks can turn $1,000 into a lucrative income stream.
- 08/14/2022
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Strong Permian Outlook Favorable for Midstream
- Summary The Permian's abundant resources, favorable economics, established infrastructure, and relative proximity to end markets will result in continued volume growth. While some of the largest public Permian producers are only growing modestly, the integrated majors and private exploration and production companies will play a significant role in driving production growth.
- 08/02/2022
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Is Most-Watched Stock Crestwood Equity Partners LP (CEQP) Worth Betting on Now?
- Crestwood Equity Partners LP (CEQP) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 08/02/2022
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2 Ultra-High-Yield Energy Stocks to Buy for 2023 and Beyond
- These high-yielding energy stocks have upcoming catalysts that could fuel strong price appreciation in the coming years.
- 07/30/2022
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New Strong Sell Stocks for July 29th
- CEQP, ATHM, and CAG have been added to the Zacks Rank #5 (Strong Sell) List on July 29, 2022.
- 07/29/2022
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Best Value Stocks to Buy for July 27th
- CEQP, FMX, and CHMG made it to the Zacks Rank #1 (Strong Buy) value stocks list on July 27, 2022.
- 07/27/2022
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New Strong Buy Stocks for July 27th
- ASC, NEX, CEQP, ASR, and SBSI have been added to the Zacks Rank #1 (Strong Buy) List on July 27, 2022.
- 07/27/2022
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This 10%-Yielding Energy Stock Couldn't Be on a Much Stronger Foundation
- The master limited partnership continues to produce lots of cash to back its big-time payout.
- 07/27/2022
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Crestwood Equity Partners (CEQP) CEO, Robert Phillips on Q2 2022 Results - Earnings Call Transcript
- Crestwood Equity Partners LP (NYSE:CEQP ) Q2 2022 Earnings Conference Call July 26, 2022 9:00 AM ET Company Participants Robert Phillips - Chairman, Chief Executive Officer Robert Halpin - President, Chief Financial Officer John Powell - Senior Vice President, Marketing, Supply and Logistics Diaco Aviki - Executive Vice President, Chief Operating Officer Will Moore - Executive Vice President, Corporate Strategy Conference Call Participants Jeremy Tonet - JP Morgan Neal Dingmann - Truist Securities Elvira Scotto - RBC Capital Markets James Carreker - US Capital Advisors Operator Good morning and welcome to today's conference call to discuss Crestwood Equity Partners' second quarter 2022 financial and operating results. Before we begin the call, listeners are reminded that the company may make certain forward-looking statements as defined in the Securities and Exchange Act of 1934 that are based on assumptions and information currently available at the time of today's call.
- 07/26/2022
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Crestwood: Winter Weather Impacted The Quarter But Investment Thesis Intact
- Crestwood's adjusted EBITDA of $180 million for Q2 was up 23% year over year. Distributable Cash Flow of $108 million was up 26% year over year.
- 07/26/2022
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Wall Street Analysts Think Crestwood Equity Partners LP (CEQP) Could Surge 38%: Read This Before Placing a Bet
- The mean of analysts' price targets for Crestwood Equity Partners LP (CEQP) points to a 38.2% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
- 07/22/2022
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Crestwood Equity Partners: Too Cheap To Ignore
- CEQP units have fallen into bargain territory. The company has made a series of acquisitions in 2022 that bode well for its long-term prospects.
- 07/15/2022
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This 11%-Yielding Stock Just High-Graded Its Growth
- While 11% yields are usually the sign of a risky company, this midstream operator is making its cash flows safer.
- 07/13/2022
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Crestwood Equity Partners: High Yield And Growing Cash Flows
- Crestwood Equity Partners has long been one of the best midstream companies in the sector and a core holding in our portfolio. The company has incredibly stable cash flows and EBITDA regardless of changes in the broader macroeconomy, which is very nice to see.
- 07/05/2022
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2 Buy And Hold Forever Preferreds
- Two investments that you'll never want or need to sell. No maturity or calls to worry about, just rock solid steady income.
- 06/30/2022
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Crestwood Equity Partners LP (CEQP) Stock Jumps 5%: Will It Continue to Soar?
- Crestwood Equity Partners LP (CEQP) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
- 06/22/2022
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2 Ultra-High-Yield Energy Stocks to Buy Hand Over Fist and 1 To Avoid
- Investors still need to be selective despite surging oil and gas prices.
- 06/12/2022
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Crestwood: Flurry Of Deals That Clean Up The Portfolio
- CEQP is selling Barnett Assets. It's buying First Reserve's 50% Stake in the Permian JV.
- 05/27/2022
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This 9%-Yielding Dividend Is Growing Stronger by the Deal
- A trio of strategic transactions put this company's payout on an even firmer foundation.
- 05/27/2022
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5 Top-Rated Energy Mid-Cap Stocks to Ease Inflation Pain
- With energy prices continuing to rise (if not soar), it is not only boosted the giant energy firms like Chevron and Exxon Mobil.
- 05/20/2022
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Crestwood (CEQP) Dips 2.7% Since Reporting Weak Q1 Earnings
- Higher operating expenses hurt Crestwood's (CEQP) earnings in Q1.
- 05/17/2022
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The Best Mid-Cap Dividend Stocks For 2022
- Mid-cap dividend stocks are the best bargain on the board right now.
- 05/08/2022
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This 8.7%-Yielding Dividend Stock Continues to Thrive
- Improving market conditions will fuel growth through a least 2023.
- 04/27/2022
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Crestwood Equity Partners: 8.7% Yield And Growing
- Company just raised distribution by 5%. Oasis acquisition integration ahead of schedule.
- 04/26/2022
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Crestwood Equity Partners' (CEQP) CEO Bob Phillips on Q1 2022 Results - Earnings Call Transcript
- Crestwood Equity Partners LP (NYSE:CEQP ) Q1 2022 Earnings Conference Call April 26, 2022 9:00 AM ET Company Participants Bob Phillips – Founder, Chairman and Chief Executive Officer Robert Halpin – President and Chief Financial Officer Diaco Aviki – Executive Vice President and Chief Operating Officer Conference Call Participants Kyle May – Capital One Securities Dan Walk – JPMorgan Ned Baramov – Wells Fargo Operator Good morning, and welcome to today's conference call to discuss Crestwood Equity Partners First Quarter 2021 Financial and Operating Results. Before we begin the call, listeners are reminded that the company may make certain forward-looking statements as defined in the Securities and Exchange Act of 1934 that are based on assumptions and information currently available at the time of today's call.
- 04/26/2022
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3 Preferred Stocks With 7%+ Yield, For Uncertain Times, And Big Income
- The news media would have you believe the end is near. We've seen this story before.
- 04/24/2022
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Crestwood Equity Partners: Impressive Fundamentals Positioned For Distribution Increase
- CEQP has long been one of the more attractive midstream companies around, although it is not especially well known.
- 04/11/2022
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This Trio Proves You Can Still Find High-Yield Stocks
- These stocks offer attractive income streams these days.
- 04/09/2022
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Crestwood Equity Partners: New Era Of Distribution Growth Possibly Beginning
- Crestwood Equity Partners: New Era Of Distribution Growth Possibly Beginning
- 04/07/2022
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At an 8% Yield, Is Crestwood Equity Partners Undervalued Right Now?
- This high yield oil and gas pipeline and processing company has a unique business.
- 03/27/2022
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2 Under-the-Radar High-Yield Dividend Stocks That Should Thrive on $100 Oil
- Elevated oil prices will provide a dual boost to these dividend stocks.
- 03/19/2022
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Crestwood (CEQP) Gains 8.2% Since Q4 Earnings Top Estimates
- Higher gas gathering and processing volumes aid Crestwood's (CEQP) earnings in Q4.
- 03/01/2022
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The Advisor's Guide to M&A in Midstream/MLP
- The consolidation of MLPs by their parents or significant owners has been a multi-year trend that reached a high in 2018–2019 and has continued since. MLP consolidations by parents, take-private deals, and other M&A activity has had a significant impact on the North American energy infrastructure universe.
- 02/28/2022
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3 Ultra-High-Yield Energy Stocks To Buy in 2022 and Beyond
- These energy stocks should generate a growing stream of passive income in the coming years.
- 02/27/2022
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This 8.8%-Yielding Dividend Is About to Head Even Higher
- A recently closed acquisition is giving the company the fuel to boost its payout.
- 02/23/2022
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Crestwood Equity Partners: Cash Keeps Flowing
- $600 million of EBITDA for 2021, most in company history.
- 02/22/2022
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Crestwood Equity Partners LP (CEQP) CEO Robert Phillips on Q4 2021 Results - Earnings Call Transcript
- Crestwood Equity Partners LP (CEQP) CEO Robert Phillips on Q4 2021 Results - Earnings Call Transcript
- 02/22/2022
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2 Great 'Preferred Stocks' To Buy And Hold Forever
- We all want those investments we can "buy and forget".
- 01/24/2022
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Crestwood Announces Quarterly Distribution and Schedules Fourth Quarter 2021 Earnings Release Date
- HOUSTON--(BUSINESS WIRE)--Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood”) announced today that the board of directors of its general partner has declared the partnership's quarterly cash distribution of $0.625 per limited partner unit ($2.50 annually) for the quarter ended December 31, 2021, which is flat quarter over quarter. In addition, Crestwood announced a quarterly cash distribution of $0.2111 per Class A preferred equity unit ($0.8444 annually). Both common and preferred distribu
- 01/20/2022
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Why Units of Crestwood Equity Partners Rocketed 45% in 2021
- The master limited partnership produced market-crushing results last year.
- 01/07/2022
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5 Tax Efficient Income Trade Ideas For 2022
- 5 Tax Efficient Income Trade Ideas For 2022
- 12/28/2021
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Crestwood Equity: This 9.92%-Yielder Is Poised For Massive Growth In The Bakken
- Crestwood Equity Partners is one of the largest midstream operators in the Bakken shale. The company has been seeing rising volumes through its Arrow system in the region due to a reduction in natural gas flaring.
- 12/25/2021
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Retirement: Setting A Legacy Through Investing
- Retirement: Setting A Legacy Through Investing
- 12/23/2021
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3 Under-the-Radar Stocks to Buy in December
- These lesser-known companies offer an intriguing blend of income and upside opportunity.
- 12/04/2021
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3 Dividend Stocks You Can Buy on Sale
- One tech dividend grower, one media turnaround, and a high-yielding MLP for you to buy today.
- 11/21/2021
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2 Natural Gas Stocks You Can Buy Right Now
- Improving market conditions will benefit these natural gas stocks.
- 11/14/2021
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2 Dividend Stocks to Buy and 1 to Sell
- A critical look at some attractive (and not so appealing) dividend stocks.
- 11/06/2021
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Crestwood (CEQP) Falls 3.6% Since Q3 Earnings Miss Estimates
- Crestwood Equity Partners (CEQP) anticipates meeting or surpassing the upper limit of the 2021 adjusted EBITDA expected range of $570-$600 million.
- 10/28/2021
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This 8.4%-Yielding Dividend Stock Just Added a Huge Fuel Source
- The high-yield energy stock is combining with a rival to significantly increase its scale and cash flow.
- 10/27/2021
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Crestwood: 8.7% Yield And 30% Upside With Accretive Acquisition Of Oasis Midstream
- Crestwood: 8.7% Yield And 30% Upside With Accretive Acquisition Of Oasis Midstream
- 10/26/2021
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Crestwood Equity Partners LP (CEQP) CEO Robert Phillips on Q3 2021 Results - Earnings Call Transcript
- Crestwood Equity Partners LP (CEQP) CEO Robert Phillips on Q3 2021 Results - Earnings Call Transcript
- 10/26/2021
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Oasis Midstream rises on buyout deal from Crestwood Equity
- Oasis Midstream Partners LP OMP, -0.33% shares rose 5% on Tuesday after the pipeline company said it agreed to be acquired by Crestwood Equity Partners LP CEQP, +1.24% in a deal valued at $1.8 billion, including debt. The payment includes $160 million in cash plus 33.8 million shares of newly issued Crestwood common units, with plans to close in the first quarter.
- 10/26/2021
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Crestwood Equity to boost U.S. shale footprint with $1.8 billion deal
- (Reuters) -Oil and gas pipeline company Crestwood Equity Partners LP agreed to buy Oasis Petroleum Inc's midstream unit in a $1.8 billion deal, as it looks to expand its footprint in U.S. shale basins.
- 10/26/2021
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Prudent Investors are Holding Crestwood (CEQP) Stock: Here's Why
- Crestwood Equity Partners' (CEQP) increasing free cash flow can enable it to reduce debt burden.
- 09/30/2021
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U.S. Energy Update: Winter Is Coming
- Natural Gas prices are through decade highs in the US.
- 09/28/2021
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Two High Dividends To Buy And Hold Forever
- If you could only pick one stock, which would it be? Investors want picks that they don't have to worry about, after all, retirement shouldn't be spent tied to your brokerage app on your cell phone!
- 09/27/2021
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2 Monthly Dividends To Help You Survive Biden, COVID-19, And Inflation
- 2 Monthly Dividends To Help You Survive Biden, COVID-19, And Inflation
- 09/21/2021
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Crestwood 9.25% Preferred: Fantastic Yield, Low Risk, And Call Protection
- Recent deleveraging by the company improves already stout safety of the dividend. Company has a large buyback program it can use for either common or preferred shares.
- 09/17/2021
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Preferred Stocks Explained - Part 2
- In Part 1, we covered the basics of preferred stocks. Now we get a little more advanced.
- 09/15/2021
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SA Interview: Long/Short Investing With CashFlow Hunter
- CashFlow Hunter has over 20 years of experience in public and private market investing. He invests across the capital structure and sectors. The opportunity in spin offs, how mispricings are created, and why REITs are still undervalued are topics discussed.
- 09/04/2021
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The 3 Safest Energy Dividends Right Now
- These big-time payouts are on rock-solid ground.
- 07/31/2021
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Crestwood Announces Second Quarter 2021 Financial and Operating Results
- HOUSTON--(BUSINESS WIRE)--Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood”) reported today its financial and operating results for the three months ended June 30, 2021. Second Quarter 2021 Highlights1 Second quarter 2021 net loss of $38.1 million, compared to net loss of $24.3 million in second quarter 2020 Second quarter 2021 Adjusted EBITDA of $145.7 million, a 14% increase compared to $127.8 million in the second quarter 2020 Second quarter 2021 distributable cash flow (“DCF”) to commo
- 07/27/2021
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SA Marketplace 2021 Top Idea Contest: Mid-Year Update
- At the mid-year mark, our contributors give updates on their picks.
- 07/23/2021
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Buffett Says, Make Income While You Sleep - 3 Dividends For A Retirement Dream
- Time is the most important and finite asset in our lives.
- 07/22/2021
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Boring High Dividend Stocks Are The Best For Income
- Boring beats flashy for income generation and safety.
- 07/19/2021
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Crestwood Equity Partners: Higher Distributions Could Follow Their Stagecoach Divestiture
- Crestwood Equity Partners managed to defy the pressure of 2020 and sustained their distributions, which could now grow higher following their Stagecoach divestiture. Once completed, it appears that the divestiture of these assets will reduce their earnings and thus operating cash flow by approximately 10%.
- 07/15/2021
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Crestwood and Con Edison Announce Closing of Stagecoach Gas Services Divestiture
- HOUSTON & NEW YORK--(BUSINESS WIRE)--Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood”) and Consolidated Edison, Inc. (NYSE: ED) (“Con Edison”) today announced the successful divestiture of the subsidiaries of Stagecoach Gas Services LLC (“Stagecoach”), with the exception of Twin Tier Pipeline LLC, to a subsidiary of Kinder Morgan, Inc. (NYSE: KMI) for $1.195 billion. The cash proceeds from the divestiture were shared between Crestwood and Con Edison in line with each member's 50% ownershi
- 07/09/2021
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Listen To Warren Buffett: Make Money While You Sleep
- Warren Buffett says you either make money in your sleep, or you die working to make money. Your portfolio should not depend on you to make you money!
- 06/27/2021
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Things Are Looking Up for These High-Yield Dividend Stocks
- Improving market conditions could be a boon for these big-time dividend stocks.
- 06/24/2021
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Where Crestwood Equity Partners Stands With Analysts
- Crestwood Equity Partners (NYSE:CEQP) has observed the following analyst ratings within the last quarter: Last 30 Days 1 Month Ago 2 Months Ago 3 Months Ago Bullish 0 0 0 0 Somewhat Bullish 1 0 0 2 Indifferent 0 0 2 1 Somewhat Bearish 0 0 0 0 Bearish 0 0 0 0 In the last 3 months, 7 analysts have offered 12-month price targets for Crestwood Equity Partners. The company has an average price target of $28.86 with a high of $33.00 and a low of $22.00.
- 06/21/2021
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It's Not Too Late to Buy These 3 Red-Hot Energy Stocks
- These energy stocks look like they have plenty of fuel to continue rallying.
- 06/13/2021
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Crestwood Highlights Industry Leading ESG Advancements in 2020 Sustainability Report
- HOUSTON--(BUSINESS WIRE)--Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood”) announced today the publication of its 2020 sustainability report furthering its commitment to build an MLP industry leading sustainability program. The report, entitled Shaping ESG in the Midstream Sector, provides enhanced transparency on Crestwood's environmental, social and governance (ESG) performance and includes details on how the company is linking a broader set of ESG goals, such as its methane emissions
- 06/07/2021
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These High-Yield Dividend Stocks Are Making a Needle-Moving Swap
- The transaction boosts the growth prospects of the buyer while enhancing the sellers' balance sheets.
- 06/02/2021
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3 High-Yield Stocks at Rock-Bottom Prices
- These companies offer high yields thanks in part to their bottom-of-the-barrel valuations.
- 05/29/2021
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Why Is Crestwood Equity Partners LP (CEQP) Down 3.8% Since Last Earnings Report?
- Crestwood Equity Partners LP (CEQP) reported earnings 30 days ago. What's next for the stock?
- 05/27/2021
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Crestwood Preferred: Important - Every Shareholder Should Read This
- This is an important notice for CEQP preferred shareholders. The CEQP preferred shares are unique because they currently yield 9.2%, and they cannot be called!
- 05/21/2021
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Putting Your Idle Cash To Work: Generating Yield
- We all have some cash lying around that should be put to work. Outside of your emergency fund, don't let cash do nothing.
- 05/01/2021
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Crestwood Equity Partners: No DAPL Problems Here
- The Bakken accounts for roughly half of the cash flow. Bakken volumes are up even though customers are not using DAPL as much. So volumes transferred to DAPL are down.
- 04/27/2021
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Why Earnings Season Could Be Great for Crestwood (CEQP)
- Crestwood (CEQP) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
- 04/26/2021
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Small- And Mid-Cap Midstream Review
- Small- And Mid-Cap Midstream Review
- 04/26/2021
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Better Buy: Magellan Midstream Partners vs. Crestwood Equity Partners
- These two high-yielding MLPs go head-to-head.
- 04/20/2021
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These 3 Value Stocks Are Too Cheap to Pass Up
- Lower prices have these stocks trading at attractive bargains right now.
- 04/17/2021
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Crestwood (CEQP) Keeps Distribution Intact for First Quarter
- Crestwood Equity Partners (CEQP) is scheduled to release first-quarter earnings on Apr 27, before the market opens.
- 04/16/2021
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I Put Half Of My Retirement Savings Into These Investments
- I reveal two areas that I have invested half of my retirement funds into. I expect my hard-earned money to work as hard as I do, earning me more money.
- 04/13/2021
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3 Cheap Energy Stocks to Buy Right Now
- These energy stocks still trade at lower valuations despite the run-up in prices this year.
- 04/10/2021
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The Best Tool For The Job: Common Or Preferred Equity
- If you want to do a job right, make sure you have the right tool. Common equities and preferred equities are two important tools to have in your investment portfolio.
- 04/06/2021
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Why Crestwood Equity Partners Rose 27.2% in March
- The 9%-yielding midstream operator bought out a large partner and raised guidance.
- 04/05/2021
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3 Top Energy Dividend Stocks to Buy in April
- These stocks could energize your income stream.
- 04/04/2021
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Is Crestwood Equity Partners Stock a Buy?
- The midstream energy partnership actually had a pretty good year in 2020, and 2021 looks like it will be even better.
- 04/01/2021
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This 9.3%-Yielding Dividend Just Got Much Stronger
- Improving market conditions and a string of strategic transactions put this payout on an even firmer financial foundation.
- 03/29/2021
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Crestwood: Increased Guidance, Share Buyback And Improved Governance In One Fell Swoop
- Crestwood is buying back 11.5mm common shares (15% of the float) from (now former) controlling shareholder First Reserve. The company is also buying back the General Partner (now fully autonomous).
- 03/26/2021
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Crestwood (CEQP) Boosts Public Trading Float, Ups Income Guidance
- Crestwood's (CEQP) recent strategic moves are expected to result in annual common distribution savings of around $29 million.
- 03/26/2021
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Crestwood Announces Private Placement of Common Units by First Reserve
- HOUSTON--(BUSINESS WIRE)--Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood”) today announced that Crestwood Gas Services Holdings LLC, a company controlled by an investment fund sponsored by First Reserve, has priced a private placement of six million common units representing limited partner interests of Crestwood for gross proceeds of $132 million. The private placement is expected to close March 30, 2021, subject to customary closing conditions. Crestwood is not selling any common units
- 03/25/2021
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10% Yielding Preferred That Cannot Be Called: Crestwood Equity
- Preferred shares are a great place to look for high-yielding fixed income. Life isn't fair, institutions tend to get better deals on preferred stocks than retail investors.
- 03/25/2021
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DIY Stimulus Package - 3 Picks You Don't Want To Miss
- The Biden administration has provided another round of stimulus checks. Now it's your turn to create your own stimulus check. It's straightforward to establish a great fund to generate income.
- 03/24/2021
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Why Investors Should Hold on to Crestwood (CEQP) Stock Now
- Crestwood Equity Partners' (CEQP) massive storage capacity and diversified portfolio of infrastructure assets are commendable.
- 03/17/2021
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These 3 Dividend Stocks Are Too Cheap to Ignore
- Low valuation has these stocks offering higher dividend yields.
- 03/14/2021
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3 Cheap Energy Stocks to Buy Right Now
- Despite soaring oil prices, these energy stocks are still dirt cheap.
- 03/13/2021
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What Stock Market Sell-Off? These Stocks Are Red Hot
- While a major index recently entered correction territory, one group of stocks has continued surging.
- 03/08/2021
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Preferreds Market Buying Opportunities
- Preferreds Market Buying Opportunities
- 03/03/2021
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This 11.5%-Yielding Dividend Stock Is in Great Shape
- The company weathered last year's storm with ease, setting itself up to prosper as market conditions improve.
- 02/24/2021
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Crestwood Equity Partners' (CEQP) CEO Bob Phillips on Q4 2020 Results - Earnings Call Transcript
- Crestwood Equity Partners' (CEQP) CEO Bob Phillips on Q4 2020 Results - Earnings Call Transcript
- 02/23/2021
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Crestwood Equity Partners: Rocket Launch Pad Or Rock Bottom
- Crestwood Equity Partners LP's operation satisfies the company just enough to sustain and cover its obligations. A leader in terms of dividend yield declared a $0.625 per share higher than the previous quarter.
- 02/09/2021
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Crestwood Announces Quarterly Distribution and Schedules Fourth Quarter 2020 Earnings Release Date
- HOUSTON--(BUSINESS WIRE)--Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood” or “CEQP”) announced today that the board of directors of its general partner has declared the partnership's quarterly cash distribution of $0.625 per limited partner unit ($2.50 annually) for the quarter ended December 31, 2020, which is flat quarter over quarter. In addition, Crestwood announced a quarterly cash distribution of $0.2111 per Class A preferred equity unit ($0.8444 annually). Both common and preferre
- 01/21/2021
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Crestwood Midstream Announces Pricing of Private Offering of $700 Million of 6.00% Senior Notes Due 2029
- HOUSTON--(BUSINESS WIRE)--Crestwood Midstream Partners LP (“CMLP”), a wholly-owned subsidiary of Crestwood Equity Partners LP (NYSE: CEQP), announced today that it has priced $700 million in aggregate principal amount of 6.00% unsecured Senior Notes due 2029 (the “Notes”) in a private offering (the “Notes Offering”) that is exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). The Notes will be guaranteed on a senior unsecured basis by all o
- 01/06/2021
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Crestwood Midstream Announces Tender Offer for Any and All of Its 6.25% Senior Notes Due 2023
- HOUSTON--(BUSINESS WIRE)--Crestwood Midstream Partners LP (“CMLP”), a wholly-owned subsidiary of Crestwood Equity Partners LP (NYSE: CEQP), announced today that it has commenced a cash tender offer (the “Tender Offer”) to purchase any and all of its outstanding 6.25% Senior Notes due 2023 (the “2023 Notes”). As of December 31, 2020, there was $687,190,000 aggregate principal amount of the 2023 Notes outstanding. The Tender Offer is being made pursuant to an offer to purchase, dated today, and a
- 01/06/2021
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Crestwood Midstream Announces Private Offering of $700 Million of Senior Notes
- HOUSTON--(BUSINESS WIRE)--Crestwood Midstream Partners LP (“CMLP”), a wholly-owned subsidiary of Crestwood Equity Partners LP (NYSE: CEQP), announced today its intention, subject to market and other conditions, to offer $700 million in aggregate principal amount of unsecured Senior Notes due 2029 (the “Notes”) in a private offering (the “Notes Offering”) that is exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). The Notes will be guarante
- 01/06/2021
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Is Crestwood Equity Partners Stock a Buy
- The midstream company's 12.5% dividend yield certainly looks appealing.
- 12/23/2020
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Need Income? Boring High Dividend Stocks Are Your Best Bet
- Boring. Reliable. Steady. The kind of income that creates wealth. Don't get caught up in the flashy and exciting when wealth creation takes time and effort.
- 12/19/2020
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Preferred Shares To Hold Forever: Crestwood And RLJ Lodging, Yields Up To 10.7%
- Some people collect rare art, I collect dividend streams.
- 12/14/2020
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Crestwood Equity Partners: Upcoming Capital Expenditure Cuts Could Manage To Secure The Distribution
- Even though they have been under pressure, Crestwood Equity Partners has continued to sustain their distributions. There finally appears to be a glimmer of hope on the horizon, but their distributions are nonetheless still risky and skating on thin ice.
- 12/04/2020
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2 Dividend Stocks Under $20 to Consider Buying Right Now
- These two energy sector stocks offer attractive yields that look sustainable.
- 12/01/2020
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This 17%-Yielding Energy Stock Believes It Can Sustain Its Monster Dividend
- The MLP expects to deliver estimate-beating cash flow this year and in 2021.
- 10/28/2020
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Crestwood Equity Partners' (CEQP) CEO Bob Phillips on Q3 2020 Results - Earnings Call Transcript
- Crestwood Equity Partners' (CEQP) CEO Bob Phillips on Q3 2020 Results - Earnings Call Transcript
- 10/27/2020
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Portfolio Diversification Isn't Dead, It Was Just Sleeping
- Investors could be forgiven to think there was no reason to invest outside of the U.S. for the past decade, given the U.S.
- 10/16/2020
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Crestwood Equity Partners: Continuing To Weather The Storm (NYSE:CEQP)
- Crestwood Equity Partners is a well-diversified midstream company with exposure to all of the major basins in the continental United States.
- 10/16/2020
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Crestwood Equity Partners LP : Announces Quarterly Distribution and Schedules Third Quarter 2020 Earnings Release Date | MarketScreener
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Crestwood Announces Quarterly Distribution and Schedules Third Quarter 2020 Earnings Release Date
- Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood” or “CEQP”) announced today that the board of directors of its general partner has declared the
- 10/15/2020
|
Magellan Midstream Partners: Predictable (NYSE:MMP)
- The debt is investment grade. The roughly 10% distribution is covered adequately.
- 10/08/2020
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Bank of Montreal Can Sells 577,037 Shares of Crestwood Equity Partners LP (NYSE:CEQP)
- Bank of Montreal Can reduced its position in shares of Crestwood Equity Partners LP (NYSE:CEQP) by 84.1% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 109,263 shares of the pipeline company’s stock after selling 577,037 shares during the quarter. Bank of […]
- 09/16/2020
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Crestwood Equity Partners: Still Edging Closer To A Distribution Cut Despite Decent Second Quarter
- It was approximately months ago that I previously warned that the distribution by Crestwood Equity Partners could go either way in the short term.
- 09/04/2020
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Reviewing Nextdecade (NASDAQ:NEXT) and Crestwood Equity Partners (NASDAQ:CEQP)
- Nextdecade (NASDAQ:NEXT) and Crestwood Equity Partners (NYSE:CEQP) are both small-cap oils/energy companies, but which is the better business? We will contrast the two companies based on the strength of their earnings, dividends, institutional ownership, profitability, valuation, analyst recommendations and risk. Profitability This table compares Nextdecade and Crestwood Equity Partners’ net margins, return on equity and […]
- 08/28/2020
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Rafferty Asset Management LLC Invests $1.83 Million in Crestwood Equity Partners LP (NYSE:CEQP)
- Rafferty Asset Management LLC bought a new position in Crestwood Equity Partners LP (NYSE:CEQP) in the second quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 139,863 shares of the pipeline company’s stock, valued at approximately $1,834,000. Rafferty Asset Management LLC owned about 0.19% of Crestwood Equity […]
- 08/23/2020
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Assessing Midstream's ESG Journey So Far
- ESG reporting has continued to gain traction in midstream with six more companies publishing their inaugural sustainability reports in the last ten months.
- 08/21/2020
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3 Dividend Stocks I'd Buy Right Now
- Investors love their dividend stocks -- especially with the current low-interest-rate environment we're in now. However, investors looking for dividend stocks today also face a quandary; many "safer" dividend-paying stocks have been bid up to very high levels, lowering their yields.
- 08/16/2020
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Crestwood Midstream Partners LP -- Moody's announces completion of a periodic review of ratings of Crestwood Equity Partners LP
- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Crestwood Equity Partners LP and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. Since 1 January 2019, Moody's practice has been to issue a press release following each periodic review to announce its completion.
- 08/10/2020
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Crestwood Holdings LLC -- Moody's announces completion of a periodic review of ratings of Crestwood Holdings LLC
- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Crestwood Holdings LLC and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
- 08/10/2020
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Heritage Global Inc. Announces 2020 Second Quarter Operating Results
- Heritage Global Inc. (OTCQB: HGBL, CSE: HGP) (“Heritage Global,” “HGI” or “the Company”), an asset services company specializing in financial and capi
- 08/10/2020
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3 Top Energy Stocks to Buy in August | The Motley Fool
- These Fool.com contributors think these energy stocks have enticing long-term upside.
- 08/08/2020
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Retirement: The Social Security Time Bomb
- Social Security is structured to require a certain balance of workers to payees. The balance is not being maintained.
- 08/08/2020
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MPLX's Growth Is Muted But The Distribution Is Secure (NYSE:MPLX)
- MPLX reported solid results that showcased cash flow's resilience to the volatility in the energy sector.
- 08/05/2020
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Crestwood Equity Partners LP (CEQP) Q2 2020 Earnings Call Transcript
- Good morning, and welcome to today's conference call as Crestwood Equity Partners provides second-quarter 2020 financial and operating results. Thank you, operator, and good morning, and thanks to all of you for joining us early today.
- 08/05/2020
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Crestwood Announces Second Quarter 2020 Financial and Operating Results
- Crestwood Equity Partners LP (NYSE: CEQP) ("Crestwood") today reported its financial and operating results for the three months ended June 30, 2020.
- 08/04/2020
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Crestwood Equity Partners LP (NYSE:CEQP) Short Interest Update
- Crestwood Equity Partners LP (NYSE:CEQP) was the recipient of a significant growth in short interest during the month of July. As of July 15th, there was short interest totalling 3,630,000 shares, a growth of 11.3% from the June 30th total of 3,260,000 shares. Approximately 7.5% of the shares of the company are short sold. Based […]
- 08/04/2020
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Crestwood Announces Second Quarter 2020 Financial and Operating Results
- Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood”) today reported its financial and operating results for the three months ended June 30, 2020. S
- 08/04/2020
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Antero Midstream Has Outperformed All Other Midstream Firms Year-To-Date
- On February 20th, 2020, I published an article on Antero Midstream. Since then, shares are higher by 26.9% on a total return basis, with the S&P 500 lower by -4.3% over this time frame.
- 07/29/2020
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3 High-Yield Stocks at Rock-Bottom Prices
- Because prices have tumbled, dividend yields have skyrocketed, enabling investors to pick up some big-time payouts at bottom-of-the-barrel valuations. Three such opportunities are master limited partnerships Plains All American Pipeline (NYSE: PAA), Crestwood Equity Partners (NYSE: CEQP), and Magellan Midstream Partners (NYSE: MMP). Units of Plains All American have cratered about 55% this year and currently trade at around $8.
- 07/25/2020
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Oil Price Outlook: OPEC Cuts, America Steps On The Gas
- Oil prices have been caught in a battle of demand loss and supply cuts. Prices have risen off the April lows but now are facing more challenges to break through to new highs.
- 07/24/2020
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Are Investors Undervaluing Crestwood Equity Partners LP (CEQP) Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 07/23/2020
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3 Hated Dividend Stocks to Buy Now
- Dividends have been under intense pressure this year. More than 175 publicly traded companies have either slashed their payout by more than 50% or suspended it all together. Three of these hated dividend stocks are MLP Crestwood Equity Partners (NYSE: CEQP), office REIT Boston Properties (NYSE: BXP), and refining giant Phillips 66 (NYSE: PSX).
- 07/22/2020
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Positive Pipeline Performance Pre-Earnings
- Midstream bounced back this week, riding a strong market, stable oil prices, and the ramp into distribution season.
- 07/20/2020
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Crestwood Partners: Incredibly Rare Opportunity For Retail Investors - Uncallable 15% Yield
- Preferred shares have taken a major role in our portfolio, providing us with stable income even through a black swan crisis.
- 07/20/2020
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Why Crestwood Equity Partners Units Rocketed 16% at the Open Today
- The company announced its earnings release date, but it was the CEO's comments that got investors excited.
- 07/17/2020
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Crestwood Announces Quarterly Distribution and Schedules Second Quarter 2020 Earnings Release Date
- Crestwood Equity Partners LP (NYSE: CEQP) ("Crestwood" or "CEQP") announced today that the board of directors of its general partner has declared the partnership’s quarterly cash distribution of $0.625 per limited partner unit ($2.50 annually) for the quarter ended June 30, 2020, which is flat quarter over quarter. In addition, Crestwood announced a quarterly cash distribution of $0.2111 per Class A preferred equity unit ($0.8444 annually). Both common and preferred distributions will be made on August 14, 2020, to unitholders of record as of August 7, 2020.
- 07/16/2020
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Wells Fargo & Company MN Lowers Stock Holdings in Crestwood Equity Partners LP (NYSE:CEQP)
- Wells Fargo & Company MN lowered its holdings in shares of Crestwood Equity Partners LP (NYSE:CEQP) by 39.2% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 277,552 shares of the pipeline company’s stock after selling 178,826 shares during the quarter. Wells Fargo & […]
- 07/16/2020
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Crestwood Announces Quarterly Distribution and Schedules Second Quarter 2020 Earnings Release Date
- Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood” or “CEQP”) announced today that the board of directors of its general partner has declared the
- 07/16/2020
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Previewing Q2 Midstream Earnings: COVID-19 Impacts, Distributions, And More
- While the initial impacts of COVID-19 in the US first appeared at the end of 1Q20, the most severe impacts in terms of demand and oil production were squarely in 2Q20, which could impact midstream results – though likely to a lesser degree than for oil producers or refiners.
- 07/15/2020
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Dakota Access Denied
- Midstream struggled in an otherwise strong week for the market, hurt by a court decision that rocked the Bakken while not offering much confidence for any midstream company seeking to develop energy infrastructure going forward.
- 07/12/2020
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Crestwood Equity Partners: May See Lower Cash Flows In Near Term
- Crestwood Equity Partners is diversified but focuses much more on natural gas than on crude oil. Upstream companies have been cutting back on spending, and this could have an impact on volumes.
- 07/11/2020
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Is This 20%-Yielding Energy Stock Too Good to Be True?
- While the market thinks Crestwood Equity Partners will cut its high-yielding dividend, the energy company's responses suggest otherwise.
- 07/08/2020
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69 10%+ Yield Dividend Dogs Priced $5-$15 For July
- These dividend dogs with 10%+ yield at $5-$15 prices are all sourced from YCharts which allows a dividend yield to persist for 365 days after the most recent report if a dividend is cut.
- 07/08/2020
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Crestwood Provides Update on Bakken Operations | | IT Business Net
- HOUSTON--(BUSINESS WIRE)--Today Crestwood Equity Partners LP (NYSE: CEQP) ("Crestwood") provided an update on its Bakken operations including the Arrow gathering system, Bear Den processing
- 07/07/2020
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Crestwood Provides Update on Bakken Operations
- Today Crestwood Equity Partners LP (NYSE: CEQP) ("Crestwood") provided an update on its Bakken operations including the Arrow gathering system, Bear Den processing plants and the COLT Hub and Rail Loading Facility. Throughout the second quarter 2020, basin fundamentals steadily improved as crude oil pipeline and storage limitations were alleviated and WTI pricing and Bakken basis differentials stabilized. Correspondingly, Arrow crude oil, natural gas and produced water volumes improved throughout the quarter as producers reduced early second quarter production shut-ins. During the quarter, the Arrow system averaged crude oil gathering volumes of 87 MBbls/d, natural gas gathering volumes of 90 MMcf/d, water gathering volumes of 73 MBbls/d and natural gas processing volumes of 87 MMcf/d. These average quarterly volumes exceeded initial forecasts estimated by Arrow producers and significantly exceeded Crestwood’s revised guidance issued in May 2020, which assumed 50% of volumes on the system would be shut-in through July 2020. Currently, approximately 90% of estimated available Arrow production is flowing, and based on producer plans for the second half of 2020, Crestwood expects the Arrow system to return to 100% flow rates and its larger producer customers to bring back completion crews starting in the third quarter 2020.
- 07/07/2020
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Crestwood Provides Update on Bakken Operations
- Today Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood”) provided an update on its Bakken operations including the Arrow gathering system, Bear D
- 07/07/2020
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Chesapeake Energy And Energy Transfer Skirmish: Contract Rejection (OTCMKTS:CHKAQ)
- Chesapeake Energy filed for bankruptcy, opening the opportunity to reject midstream contracts. While Energy Transfer and others have asked FERC to intervene, it is unlikely in my opinion that the FERC ruling holds any weight.
- 07/06/2020
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Market Party, MLPs Stay Home
- Stocks of all kinds were positive in this pre-holiday week, except for MLPs. Midstream overall lagged the broad market, despite oil and natural gas price gains.
- 07/04/2020
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Are Options Traders Betting on a Big Move in Crestwood Equity (CEQP) Stock?
- Investors need to pay close attention to Crestwood Equity (CEQP) stock based on the movements in the options market lately.
- 07/02/2020
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Negative pricing and option models in KRM22 Risk management Solutions - DirectorsTalk
- When oil futures prices went negative last week, it was the biggest shock in years in the oil market. Now, though, the market isn’t just accepting that as a one-time event. There are increasing signs that traders fully anticipate the same thing happening in June. – Avi Salzman – Barron’s As part of our mission to ...
- 07/01/2020
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Examining Midstream Contracts Amid Slowing Volumes
- In general, the companies that have reported average contract life provide some assurance that midstream companies can continue to benefit from the contracts in
- 07/01/2020
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Crestwood Equity Partners (NYSE:CEQP) Downgraded by UBS Group to “Hold”
- UBS Group cut shares of Crestwood Equity Partners (NYSE:CEQP) to a hold rating in a research report released on Tuesday, TipRanks reports. UBS Group currently has $14.00 target price on the pipeline company’s stock. Several other equities analysts also recently weighed in on the company. Wells Fargo & Co downgraded Crestwood Equity Partners from an […]
- 07/01/2020
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Core sector contraction slows in May, fertiliser growth turns positive
- In April, the output of the core sector -- coal, crude oil, natural gas, refinery products, fertiliser, steel, cement, and electricity -- had contracted a record 37%.
- 06/30/2020
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COVID-19: Output of India’s eight core industries contracts 23.4 pc in May
- The output of eight core infrastructure industries shrank by 23.4 per cent in May due to the coronavirus-induced lockdown, data released by the Ministry
- 06/30/2020
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Eight Core Industries decline by 23.4% in May
- Final growth rate of Index of Eight Core Industries for February 2020 is revised at 6.4%.
- 06/30/2020
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How Chesapeake Energy's Bankruptcy Could Affect Pipeline Stocks | The Motley Fool
- The newly bankrupt oil and gas producer wants to restructure both its debt and legacy contractual obligations.
- 06/30/2020
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Covid-19 impact: India's eight core sectors output contracts 23.4% in May
- Infrastructure output, which comprises eight sectors including coal, crude oil and electricity and accounts for nearly 40% of the country's industrial output, contracted 30% in April and May
- 06/30/2020
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Chesapeake Energy asks bankruptcy court to cancel pipeline contracts
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Chesapeake asks to cancel pipeline contracts, sets drilling cuts
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Bankrupt Chesapeake plans to cut drilling further this year
- [OKLAHOMA CITY] Bankrupt US shale pioneer Chesapeake Energy on Monday laid out its long-term plans and detailed dramatically reduced drilling through the end of the year, with half the rigs as it had to start 2020. Chesapeake on Sunday became the largest US oil and gas producer to seek bankruptcy protection in recent years as it bowed to heavy debt and the impact of the coronavirus outbreak on energy markets. Read more at The Business Times.
- 06/29/2020
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Bankrupt Chesapeake plans to cut drilling further this year
- Bankrupt U.S. shale pioneer Chesapeake Energy on Monday laid out its long-term plans and detailed dramatically reduced drilling through the end of the year, with half the rigs as it had to start 2020.
- 06/29/2020
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Crestwood Responds to Chesapeake Energy's Bankruptcy Filing | | IT Business Net
- HOUSTON--(BUSINESS WIRE)--Crestwood Equity Partners LP (NYSE: CEQP) ("Crestwood") announced today that Chesapeake Energy (NYSE: CHK) ("Chesapeake"), a customer in the Powder River
- 06/29/2020
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Crestwood Responds to Chesapeake Energy’s Bankruptcy Filing
- Crestwood Equity Partners LP (NYSE: CEQP) ("Crestwood") announced today that Chesapeake Energy (NYSE: CHK) ("Chesapeake"), a customer in the Powder River Basin and northeast Marcellus, has filed for protection under Chapter 11 of the U.S. bankruptcy code. Crestwood has been preparing for this event over the past few months and is well-positioned to maintain full operations to Chesapeake throughout bankruptcy proceedings. Crestwood’s gathering and processing systems are integral to Chesapeake’s operations in the Powder River Basin, as a substantial amount of its revenues are derived from the sale of natural gas and natural gas liquids (NGLs) produced from acreage dedicated to Crestwood, which is the most economic path to market.
- 06/29/2020
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Chesapeake Energy's bankruptcy delivers hit to reeling pipeline, service firms
- Chesapeake Energy Corp's bankruptcy will pile more pain onto leading energy service and pipeline companies whose revenues were already being slammed during the latest collapse in oil prices, according to energy analysts and corporate filings.
- 06/29/2020
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Chesapeake Energy's bankruptcy delivers hit to reeling pipeline, service firms
- Chesapeake Energy Corp's bankruptcy will pile more pain onto leading energy service and pipeline companies whose revenues were already being slammed during the latest collapse in oil prices, according to energy analysts and corporate filings.
- 06/29/2020
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Chesapeake Energy's bankruptcy delivers hit to reeling pipeline, service firms
- Chesapeake Energy Corp's bankruptcy will pile more pain onto leading energy service and pipeline companies whose revenues were already being slammed during the latest collapse in oil prices, according to energy analysts and corporate filings.
- 06/29/2020
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Crestwood Responds to Chesapeake Energy’s Bankruptcy Filing
- Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood”) announced today that Chesapeake Energy (NYSE: CHK) (“Chesapeake”), a customer in the Powder Ri
- 06/29/2020
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Oil/Gas Industry: Address marginalization of Itsekiri or expect total shut down, group tells FG -
- A social-political group, Movement for Development of Itesekiri Oil/Gas Producing Communities has called on President Muhammadu Buhar
- 06/26/2020
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Midstream Bounce Faded
- It was an up and down week for midstream, but overall positive vs. last week. The Supreme Court ruling in favor of pipeline development across the Appalachian T
- 06/21/2020
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MLP/Midstream Valuations Part 1: Focusing On Free Cash Flow
- Yield spread analysis has become an inadequate standalone method for valuing midstream companies, as the industry’s emphasis on yield alone has given way to a g
- 06/17/2020
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Crestwood Equity Partners (NYSE:CEQP) Stock Price Up 6.2%
- Crestwood Equity Partners LP (NYSE:CEQP) shares rose 6.2% on Friday . The stock traded as high as $15.79 and last traded at $15.14, approximately 1,925,714 shares were traded during trading. An increase of 24% from the average daily volume of 1,552,280 shares. The stock had previously closed at $14.25. CEQP has been the topic of […]
- 06/14/2020
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Stocks To Watch: Spotlight On EVs, Shipping And Hertz (NASDAQ:AAPL)
- Welcome to Seeking Alpha's Stocks to Watch - a preview of key events scheduled for the next week. Follow this account and turn the e-mail alert on to receive th
- 06/13/2020
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Swift Rotation into Big Cap Tech, as Russell Support Nears - Market Insights
- Since the global financial crisis in 2008, the theme in the overall market has been drastic outperformance in large-cap technology stocks such as the “FANG” names- Facebook (FB), Amazon (AMZN), Netflix (NFLX), Google (GOOGL). The aforementioned names are members of the Nasdaq-100 Index, which can be tracked by the ETF (QQQ). Last Friday, the QQQ …
- 06/11/2020
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Negative pricing and option models in KRM22 Risk management Solutions - DirectorsTalk
- When oil futures prices went negative last week, it was the biggest shock in years in the oil market. Now, though, the market isn’t just accepting that as a one-time event. There are increasing signs that traders fully anticipate the same thing happening in June. – Avi Salzman – Barron’s As part of our mission to ...
- 06/08/2020
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Is Crestwood Equity Partners Stock a Buy?
- Crestwood Equity Partners (NYSE: CEQP) has been insanely volatile this year. Units of the master limited partnership plummeted along with crude prices earlier this year. However, they've staged an epic comeback over the past couple of months, fueled by a significant improvement in the oil market.
- 06/08/2020
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Cushing® Asset Management and Swank Capital Announce a Constituent Change to The Cushing® MLP High Income Index
- Cushing® Asset Management, LP, and Swank Capital, LLC, announce an upcoming interim change to constituents of The Cushing® MLP High Income Index (the "Index"). On February 26, 2020, Index constituent EQM Midstream Partners, LP (NYSE: EQM) entered into an Agreement and Plan of Merger ("Merger Agreement") with Equitrans Midstream Corporation (NYSE: ETRN) and affiliated companies that would result in EQM common shares ceasing to be publicly traded, subject to the approval of the holders of EQM common units and ETRN common shares. Special meetings of EQM limited partners and ETRN shareholders will be held on June 15, 2020, for the purpose of voting on the Merger Agreement. Per the Index's methodology guide, this event will result in a constituent replacement. Accordingly, after the market closes on June 15, 2020, and effective on June 16, 2020, Crestwood Equity Partners LP (NYSE: CEQP) will replace EQM as a constituent of the Index at EQM's then-current weight.
- 06/08/2020
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Midstream Breaks Out With No Brakes
- Midstream stocks had an all-time great week of stock performance, with double-digit returns across all three indexes. MLPs were up each of the last four days of
- 06/07/2020
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Magellan Midstream Partners, L.P. (NYSE:MMP) Shares Sold by Private Advisor Group LLC
- Private Advisor Group LLC cut its stake in shares of Magellan Midstream Partners, L.P. (NYSE:MMP) by 53.8% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 35,483 shares of the pipeline company’s stock after selling 41,273 shares during the period. Private Advisor Group LLC’s holdings in Magellan Midstream […]
- 06/07/2020
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Shares of several energy companies are trading higher despite slight weakness in oil. Oil has been on watch as investors await clarity on OPEC+ output cut plans.
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Crestwood Equity Partners LP -- Moody's affirms Crestwood Equity Partners' Ba3 CFR; outlook is negative
- Moody's Investors Service, (Moody's) changed Crestwood Equity Partners LP's (Crestwood) and Crestwood Midstream Partners LP's (Midstream) outlooks to negative from stable. At the same time, Moody's affirmed Crestwood's Ba3 Corporate Family Rating (CFR), Ba3-PD Probability of Default Rating (PDR) and the B2 rating on its Class A Preferred Units.
- 06/03/2020
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Crestwood Midstream Partners LP -- Moody's affirms Crestwood Equity Partners' Ba3 CFR; outlook is negative
- Moody's Investors Service, (Moody's) changed Crestwood Equity Partners LP's (Crestwood) and Crestwood Midstream Partners LP's (Midstream) outlooks to negative from stable. At the same time, Moody's affirmed Crestwood's Ba3 Corporate Family Rating (CFR), Ba3-PD Probability of Default Rating (PDR) and the B2 rating on its Class A Preferred Units.
- 06/03/2020
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Edited Transcript of CEQP earnings conference call or presentation 5-May-20 1:00pm GMT
- Q1 2020 Crestwood Equity Partners LP Earnings Call
- 06/03/2020
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Why Crestwood Equity Partners Stock Skyrocketed 29.9% in May
- The oil and gas midstream company maintained its sky-high 17.6% dividend even in the face of COVID-19.
- 06/03/2020
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Crestwood Advances Its ESG Commitment and Sustainability Strategy with the Publication of Its 2019 Sustainability Report
- Crestwood Equity Partners LP (NYSE: CEQP) ("Crestwood" or "CEQP") announced today the publication of its 2019 sustainability report furthering its commitment to building an MLP industry leading sustainability program. The report entitled Embracing a Culture of Sustainability, provides enhanced transparency on Crestwood’s environmental, social and governance (ESG) performance, and for the first time it includes multi-year trend data and analysis. Crestwood also highlights the progression on its three-year sustainability strategy as it continues to integrate sustainability into every aspect of its diversified midstream energy business. The 2019 sustainability report is available at https://esg.crestwoodlp.com.
- 06/03/2020
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Crestwood Advances Its ESG Commitment and Sustainability Strategy with the Publication of Its 2019 Sustainability Report
- Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood” or “CEQP”) announced today the publication of its 2019 sustainability report furthering its com
- 06/03/2020
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Hedge Funds Cashing Out Of Crestwood Equity Partners LP (CEQP)
- The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. Insider Monkey finished processing 821 13F filings submitted by hedge funds and prominent investors. These filings show these funds' portfolio positions as of March 31st, 2020. […]
- 06/01/2020
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MLPs Lose Week But Win May
- Midstream and MLPs followed the broad equity market higher. After ripping higher for two months, the Alerian MLP Index has caught up with the broader Alerian Mi
- 06/01/2020
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Core sector output contracts 38% in April owing to stalled economic activity
- In March, the output of the core sector that includes eight infrastructure sectors — coal, crude oil, natural gas, refinery products, fertiliser, steel, cement, and electricity — had contracted 9%.
- 05/29/2020
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Core Industries Output Shrinks Sharply By 38% In April On Paused Economic Activity
- In April, core sector output declined sharply by 38.1 percent compared to 9 percent fall in the previous month, according to the growth rate of Index of Eight Core Industries released by the Ministry of Commerce and Industries on Friday. The Eight Core Industries comprise 40.27 percent of the weight of items included i
- 05/29/2020
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Shares of several energy companies are trading higher in sympathy with the overall market as equities rally on coronavirus vaccine hopes as well as a pickup in economic activity as some US states reopen businesses.
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State Governments face unprecedented financial crisis - Vanguard News
- The report stated as follows: “the states were expecting to share N3.3 trillion from the Federation Account during the year, they
- 05/25/2020
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USD/CAD: Upside Likely Capped As Oil Market Rebounds
- USD/CAD can be viewed as a risk-off currency pair, since CAD correlates heavily with the performance of the global oil market. The recent decline in both risk s
- 05/24/2020
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Predictive Modeling Suggests U.S. Markets 12% Overvalued
- Stocks Analysis by Chris Vermeulen covering: XAU/USD, Dow Jones Industrial Average, SPDR S&P 500, Gold Futures. Read Chris Vermeulen's latest article on Investing.com
- 05/24/2020
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Oil: What a Difference a Month Can Make - Market Insights
- In any normal year, the action that took place in oil markets this year would be the number one finance story hands down. With the COVID-19 pandemic, 2020 has not been a normal year, however. Crude Oil (@CL) saw the front-month futures contract plunge into negative territory (-$30!) for the first time in history last …
- 05/19/2020
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JP Morgan Maintains Neutral on Crestwood Equity Partners, Raises Price Target to $10
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85 10%+Yield Dividend Dogs Priced $5-$15 In May
- These dividend dog 10%+Yield@$5-$15 prices are all sourced from YCharts which allows a dividend yield to persist for 365 days after the most recent report if a
- 05/14/2020
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SunTrust Robinson Humphrey Maintains Hold on Crestwood Equity Partners, Raises Price Target to $12
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Wells Fargo Downgrades Crestwood Equity Partners to Equal-Weight, Announces $11 Price Target
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These 2 10%-Plus-Yielding Stocks Just Confirmed Their Dividends
- Investors love their dividends, but in this environment, many companies are cutting their payouts, especially those in heavily affected industries such as travel, airlines, and oil and gas, as well as companies with high levels of debt. According to CEO Jeff Storey, the need for data and connectivity caused a 30% to 40% spike in internet backbone traffic as the pandemic hit, with similar spikes in usage from CenturyLink's content delivery and videoconferencing products.
- 05/09/2020
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Midstream 2020 EBITDA Guidance Updates Highlight Stability
- Moving into the late stages of 1Q20 earnings season for midstream, financial guidance updates have varied, but the overall outlook for midstream has been much b
- 05/09/2020
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Midstream Tightens Belt With Lower Capex, Project Deferrals
- While capital expenditures were already moderating, most companies have further reduced growth capital spending to preserve financial flexibility and recalibrat
- 05/07/2020
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Small Lenders Gain as Vista Equity’s Smith Challenges Fintech
- At the end of March, the private-equity CEO pressed Finastra’s leaders to develop software that would help small lenders process Paycheck Protection Program...
- 05/07/2020
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Mérieux Equity Partners und Korys melden Lancierung des OMX Europe Venture Fonds mit Fokus auf Risikobeteiligungen im Gesundheits- und Ernährungssektor
- Mérieux Equity Partners und Korys geben die Lancierung einer neuen Venture Capital-Investitionsplattform bekannt, die dazu dient, in Europa und Nordam
- 05/07/2020
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Why Units of Crestwood Equity Partners Rocketed 173.5% in April
- Crestwood Equity Partners (NYSE: CEQP) made a massive comeback last month. Units of the master limited partnership (MLP) skyrocketed a jaw-dropping 173.5% in April, according to data provided by S&P; Global Market Intelligence. The main factor fueling its rebound was an update it provided investors on the impact this year's oil market downturn was having on its operations.
- 05/06/2020
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Edited Transcript of CEQP earnings conference call or presentation 5-May-20 1:00pm GMT
- Q1 2020 Crestwood Equity Partners LP Earnings Call
- 05/06/2020
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Raymond James Maintains Outperform on Crestwood Equity Partners, Raises Price Target to $13
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Crestwood Equity Partners LP (CEQP) Q1 2020 Earnings Call Transcript
- CEQP earnings call for the period ending March 31, 2020.
- 05/05/2020
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Why Units of Crestwood Equity Partners Are Soaring Today
- Crestwood generated $151.4 billion of adjusted EBITDA during the first quarter, which was a 31% increase. Distributable cash flow, meanwhile, surged 38% to $91 million. Meanwhile, it ended the quarter with a leverage ratio of four times debt-to-EBITDA.
- 05/05/2020
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Crestwood Equity Partners shares are trading higher after the company reported better-than-expected Q1 EPS results.
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Recap: Crestwood Equity Partners Q1 Earnings
- Shares of Crestwood Equity Partners (NYSE:CEQP) moved higher by 3.5% in pre-market trading after the company reported Q1 results.Quarterly Results Earnings per share were up 742.86% over the past year to $0.45, which beat the estimate of $0.22.Revenue of $727,900,000 less by 12.85% year over year, which missed the estimate of $776,410,000.Outlook Crestwood Equity Partners hasn't issued any earnings guidance for the time being.Crestwood Equity Partners hasn't issued any revenue guidance for the time being.How To Listen To The Conference Call Date: May 05, 2020View more earnings on CEQPTime: 03:01 PM ETWebcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer;=https%3A%2F%2Fwww.crestwoodlp.com%2Finvestors%2Fevents-and-presentations%2Fdefault.aspx&eventid;=2156874&sessionid;=1&key;=AE9686EDD616B30517C399EDB71703A6®Tag;=&sourcepage;=registerRecent Stock Performance Company's 52-week high was at $40.00Company's 52-week low was at $2.65Price action over last quarter: down 60.57%Company Description Crestwood Equity Partners LP develops, acquires, owns or controls, and operates fee-based assets and operations within the energy midstream sector. The company has a diversified portfolio of crude oil and natural gas gathering, processing, storage and transportation assets that connect fundamental energy supply with energy demand across North America. It has three reporting segments: Gathering and Processing, Marketing, Supply and Logistics, and Storage and Transportation. The company serves various producers in unconventional shale plays located in across the United States. It generates maximum revenue from the Marketing, Supply and Logistics segment.See more from Benzinga * 10 Energy Stocks Gaining In Friday's Pre-Market Session * 14 Energy Stocks Moving In Thursday's Pre-Market Session(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- 05/05/2020
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Crestwood Equity Partners Q1 EPS $0.450 Beats $0.220 Estimate, Sales $727.900M Miss $776.410M Estimate
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Crestwood Announces First Quarter 2020 Financial and Operating Results, Provides Update on Current Market Response and Revised 2020 Outlook Based on Expected Market Conditions
- Crestwood Equity Partners LP (NYSE: CEQP) ("Crestwood") today provided an update on its financial position and operations, as well as reported its financial and operating results for the three months ended March 31, 2020.
- 05/05/2020
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Crestwood Announces First Quarter 2020 Financial and Operating Results, Provides Update on Current Market Response and Revised 2020 Outlook Based on Expected Market Conditions
- Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood”) today provided an update on its financial position and operations, as well as reported its fin
- 05/05/2020
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Why Energy Stocks Are Soaring Today
- Energy prices are rising today. Natural gas was also moving upward, with the NYMEX price rallying more than 3% to nearly $2 per MMBtu. Natural gas stocks were among the biggest movers; producers Antero Resources (NYSE: AR), Gulfport Energy (NASDAQ: GPOR), and MLP Crestwood Equity Partners (NYSE: CEQP) rose more than 10%.
- 05/04/2020
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Global Demulsifier Market 2020 Segmentation Analysis, Key Players, Industry Share and Forecast by 2025
- May 03, 2020 (CDN Newswire via Comtex) --
MarketsandResearch.biz has added a new market research study entitled Global Demulsifier Market 2020 by...
- 05/03/2020
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OSTK, AR among premarket gainers
- LMP Automotive Holdings (NASDAQ:LMPX) +35%.AgEagle Aerial Systems (NYSEMKT:UAVS) +27%.Soligenix (NASDAQ:SNGX) +25% on positive SGX301 data.Secoo Holding (NASDAQ:SECO) +26% on share repurchase program.
- 04/30/2020
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Largest borrow rate increases among liquid names APHA;SPCE;CROX;GNC;CEQP;APT;MESO;TD;SDC;STNG
- Largest borrow rate increases among liquid names APHA SPCE CROX GNC CEQP APT MESO TD SDC STNG
- 04/30/2020
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Crestwood Equity Partners (CEQP) to Release Earnings on Tuesday
- Crestwood Equity Partners (NYSE:CEQP) is scheduled to post its quarterly earnings results before the market opens on Tuesday, May 5th. Analysts expect Crestwood Equity Partners to post earnings of $0.23 per share for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link. Crestwood Equity […]
- 04/28/2020
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Week Ahead: Central Bank Easing To Continue, As Oil Remains In Abundance
- Market Overview Analysis by Joe Perry covering: BP PLC, Royal Bank of Scotland Group PLC, Crude Oil WTI Futures. Read Joe Perry's latest article on Investing.com
- 04/26/2020
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US Capital Advisors Weighs in on Crestwood Equity Partners LP's Q1 2020 Earnings (NYSE:CEQP)
- Crestwood Equity Partners LP (NYSE:CEQP) – Stock analysts at US Capital Advisors lowered their Q1 2020 EPS estimates for shares of Crestwood Equity Partners in a report issued on Tuesday, April 21st. US Capital Advisors analyst J. Carreker now forecasts that the pipeline company will earn $0.26 per share for the quarter, down from their […]
- 04/24/2020
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Crestwood Equity Partners: Safer Than Most Midstream, But Still A Risk
- CEQP has been demolished by the market along with pretty much every other midstream company in today's market. The company has a commanding presence in every ma
- 04/24/2020
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Examining Midstream C-Corp Dividends As Yields Rival Historical MLP Yields
- The recent sell-off and consequential increase in the yields of the broader midstream space has prompted many income-oriented investors to consider both energy
- 04/23/2020
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Thursday's Market Minute: Strange, And Stranger Still
- Equities already were sailing in uncharted waters as the world adapts to the new realities of COVID-19, and the extraordinary situation of Crude Oil slipping into negative...
- 04/23/2020
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SunTrust Robinson Humphrey Downgrades Crestwood Equity Partners to Hold, Lowers Price Target to $8
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Crestwood Equity downgraded to Hold from Buy at SunTrust CEQP
- Crestwood Equity downgraded to Hold from Buy at SunTrust SunTrust CEQP
- 04/22/2020
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Crestwood Equity Partners Sees Unusually Large Options Volume (NYSE:CEQP)
- Crestwood Equity Partners LP (NYSE:CEQP) saw some unusual options trading activity on Monday. Traders bought 2,920 call options on the company. This is an increase of 431% compared to the typical daily volume of 550 call options. Several hedge funds and other institutional investors have recently bought and sold shares of CEQP. Clear Harbor Asset […]
- 04/21/2020
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Oil Prices Are Cratering, Yet These Energy Stocks Are Surprisingly Surging Today
- Gas-focused producers and infrastructure companies are rallying even though crude prices are plummeting.
- 04/20/2020
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Extreme Retracement
- It was a big week for midstream again, this time better than the broad equity market, which was also up again. MLPs had their 8th best week ever, slightly bette
- 04/19/2020
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This Ultra-High-Yield Stock Plans to Maintain Its Dividend -- for Now
- Crestwood Equity Partners still might alter its strategy if it needs to bolster its financial flexibility.
- 04/19/2020
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Crestwood Equity Partners (NYSE:CEQP) Trading Down 4.3%
- Crestwood Equity Partners LP (NYSE:CEQP)’s stock price fell 4.3% during trading on Thursday . The company traded as low as $5.75 and last traded at $6.17, 659,477 shares were traded during trading. A decline of 71% from the average session volume of 2,247,633 shares. The stock had previously closed at $6.44. A number of brokerages […]
- 04/18/2020
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MAC, MRNA among premarket gainers
- AMC Entertainment Holdings (NYSE:AMC) +62% on liquidity boost.Genetic Technologies (NASDAQ:GENE) +30% on move into COVID-19 testing.Golden Bull (NASDAQ:DNJR) +28%.Tronox Holdings plc (NYSE:TROX) +19%
- 04/17/2020
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10 Energy Stocks Gaining In Friday's Pre-Market Session
- Gainers
• QEP Resources, Inc. (NYSE:QEP) shares increased by 23.24% to $0.35 during Friday's pre-market session. The most recent rating by Piper Sandler, on Mar 31, is at...
- 04/17/2020
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36 Stocks Moving in Friday's Pre-Market Session
- Gainers
electroCore, Inc. (NASDAQ: ECOR) shares rose 58.8% to $1.33 in pre-market trading after the director bought roughly 1.765 million shares at a price of $0.85 per share....
- 04/17/2020
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Crestwood Announces Quarterly Distribution, Provides Market Update and Schedules First Quarter 2020 Earnings Release Date
- Crestwood Equity Partners LP (NYSE: CEQP) ("Crestwood" or "CEQP") announced today that the board of directors of its general partner has declared the partnership’s quarterly cash distribution of $0.625 per limited partner unit ($2.50 annually) for the quarter ended March 31, 2020. In addition, Crestwood announced a quarterly cash distribution of $0.2111 per Class A preferred equity unit ($0.8444 annually). Both common and preferred distributions will be made on May 15, 2020, to unitholders of record as of May 8, 2020.
- 04/16/2020
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14 Energy Stocks Moving In Thursday's Pre-Market Session
- Gainers
• Antero Midstream, Inc. (NYSE:AM) shares increased by 21.90% to $3.34 during Thursday's pre-market session. The most recent rating by Baird, on Mar 9, is at...
- 04/16/2020
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Crestwood Equity lowers FY20 capex by $40M, and G&A expense by $40M CEQP
- Crestwood Equity lowers FY20 capex by $40M, and G&A expense by $40M CEQP
- 04/16/2020
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Wells Fargo & Co Lowers Crestwood Equity Partners (NYSE:CEQP) Price Target to $10.00
- Crestwood Equity Partners (NYSE:CEQP) had its target price lowered by stock analysts at Wells Fargo & Co from $11.00 to $10.00 in a research report issued on Tuesday, BenzingaRatingsTable reports. The brokerage currently has an “overweight” rating on the pipeline company’s stock. Wells Fargo & Co‘s price target would suggest a potential upside of 55.28% […]
- 04/16/2020
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Thursday's Market Minute: Oil Demand Devastated
- As the world continues to grapple with COVID-19, Crude Oil faces an especially challenging situation with the WTI contract yesterday making 18-year lows at 19.20. Global demand...
- 04/16/2020
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Crestwood Equity (CEQP) Surges: Stock Moves 10.4% Higher
- Crestwood Equity (CEQP) saw a big move last session, as its shares jumped more than 10% on the day, amid huge volumes.
- 04/15/2020
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Crestwood Equity (CEQP) Surges: Stock Moves 10.4% Higher
- Crestwood Equity (CEQP) saw a big move last session, as its shares jumped more than 10% on the day, amid huge volumes.
- 04/15/2020
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Crestwood Equity Partners (NYSE:CEQP) Stock Price Up 7.6%
- Crestwood Equity Partners LP (NYSE:CEQP)’s stock price traded up 7.6% during trading on Monday . The stock traded as high as $6.38 and last traded at $6.12, 89,337 shares were traded during mid-day trading. A decline of 96% from the average session volume of 2,154,199 shares. The stock had previously closed at $5.69. A number […]
- 04/15/2020
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Traders Buy Large Volume of Crestwood Equity Partners Put Options (NYSE:CEQP)
- Crestwood Equity Partners LP (NYSE:CEQP) was the target of some unusual options trading activity on Monday. Investors bought 1,090 put options on the stock. This represents an increase of 509% compared to the typical volume of 179 put options. Several research analysts have recently issued reports on the stock. Wells Fargo & Co lowered their […]
- 04/15/2020
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Crestwood Equity (CEQP) Surges: Stock Moves 10.4% Higher
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Wells Fargo Maintains Overweight on Crestwood Equity Partners, Lowers Price Target to $10
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Crestwood Equity rises 13.0% CEQP
- Crestwood Equity rises 13.0% CEQP
- 04/13/2020
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Renaissance Technologies LLC Increases Position in Crestwood Equity Partners LP (NYSE:CEQP)
- Renaissance Technologies LLC increased its stake in Crestwood Equity Partners LP (NYSE:CEQP) by 140.6% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 29,556 shares of the pipeline company’s stock after acquiring an additional 17,274 shares during the period. Renaissance Technologies LLC’s holdings in Crestwood Equity Partners […]
- 04/13/2020
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20 Of 52 Top Yield Energy Equities May Be Poised To Cut Dividends In April
- These dividend-dog prices and yields are all sourced from YCharts which allows a dividend-yield to persist for 365 days after the most recent reported dividend
- 04/13/2020
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Market Staycation Supports Midstream
- The midstream performance hierarchy returned to trend this week with AMNA outpacing AMZ. A potential OPEC+ agreement with or without participation from the U.S.
- 04/12/2020
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Should You Avoid DiamondRock Hospitality Company (DRH)?
- We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
- 04/08/2020
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Hedge Funds Have Never Been This Bullish On Genworth Financial Inc (GNW)
- We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
- 04/08/2020
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Do Hedge Funds Love Crestwood Equity Partners LP (CEQP)?
- We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P; 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
- 04/08/2020
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Hedge Funds Have Never Been This Bullish On Trustmark Corp (TRMK)
- Coronavirus is probably the 1 concern in investors' minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […]
- 04/08/2020
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Hedge Funds Have Never Been More Bullish On eHealth, Inc. (EHTH)
- We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
- 04/08/2020
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Crestwood Equity Partners (NYSE:CEQP) Trading Up 6.4%
- Crestwood Equity Partners LP (NYSE:CEQP) was up 6.4% during trading on Tuesday . The stock traded as high as $5.18 and last traded at $4.52, approximately 3,644,177 shares were traded during mid-day trading. An increase of 227% from the average daily volume of 1,114,286 shares. The stock had previously closed at $4.25. Several equities research […]
- 04/08/2020
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MG Capital Issues Letter to HC2 Stockholders
- MG Capital Management, Ltd. (together with Percy Rockdale LLC, the nominating stockholder, and its affiliates, "MG Capital" or "we"), a significant stockholder of HC2 Holdings, Inc. (NYSE: HCHC) ("HC2" or the "Company"), which collectively with the other participants
- 04/07/2020
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UBS Group Lowers Crestwood Equity Partners (NYSE:CEQP) Price Target to $10.00
- Crestwood Equity Partners (NYSE:CEQP) had its price objective lowered by UBS Group from $11.00 to $10.00 in a research note released on Friday, BenzingaRatingsTable reports. The brokerage currently has a buy rating on the pipeline company’s stock. Other analysts also recently issued research reports about the company. Barclays downgraded Crestwood Equity Partners from an overweight […]
- 04/07/2020
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UBS Maintains Buy on Crestwood Equity Partners, Lowers Price Target to $9
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A Rare Gift: Crestwood Equity Partners' 22% Yield On Preferred Shares
- CEQP actually has 83% of its revenues coming from fixed-fee, take-or-pay contracts which provides insulation from commodity price swings. The preferred shares c
- 04/06/2020
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7,039 Shares in Crestwood Equity Partners LP (NYSE:CEQP) Acquired by First Republic Investment Management Inc.
- First Republic Investment Management Inc. purchased a new stake in shares of Crestwood Equity Partners LP (NYSE:CEQP) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 7,039 shares of the pipeline company’s stock, valued at approximately $217,000. Several other institutional investors […]
- 04/03/2020
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Crestwood Equity files to sell common units representing limited partners CEQP
- Crestwood Equity files to sell common units representing limited partners CEQP
- 04/03/2020
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UBS Maintains Buy on Crestwood Equity Partners, Lowers Price Target to $10
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Cushing Asset Management and Swank Capital Announce Rebalancing of the Cushing MLP High Income Index
- Cushing® Asset Management, LP, and Swank Capital, LLC, announce today the upcoming rebalancing of The Cushing® MLP High Income Index (the "Index") as part of normal index operations. After the markets close on April 9, 2020, the 30 constituents of the Index will be rebalanced, and the following
- 04/02/2020
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Cushing® Asset Management and Swank Capital Announce Rebalancing of the Cushing® MLP High ...
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Crestwood Equity Partners LP (NYSE:CEQP) Sees Significant Growth in Short Interest
- Crestwood Equity Partners LP (NYSE:CEQP) saw a significant increase in short interest in March. As of March 13th, there was short interest totalling 2,718,100 shares, an increase of 16.2% from the February 27th total of 2,340,000 shares. Currently, 5.4% of the company’s stock are short sold. Based on an average daily trading volume, of 619,900 […]
- 04/01/2020
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Advisors Asset Management Inc. Has $1.68 Million Holdings in Crestwood Equity Partners LP (NYSE:CEQP)
- Advisors Asset Management Inc. lessened its stake in Crestwood Equity Partners LP (NYSE:CEQP) by 13.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 54,346 shares of the pipeline company’s stock after selling 8,417 shares during the quarter. Advisors Asset Management […]
- 03/30/2020
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Stock Traders Purchase High Volume of Call Options on Crestwood Equity Partners (NYSE:CEQP)
- Crestwood Equity Partners LP (NYSE:CEQP) saw some unusual options trading on Friday. Traders acquired 3,064 call options on the company. This is an increase of approximately 631% compared to the typical daily volume of 419 call options. NYSE CEQP opened at $3.80 on Friday. The stock’s 50-day moving average price is $17.64 and its 200-day […]
- 03/29/2020
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Crestwood Equity Partners: Another Safe 50+% Yield
- CEQP is very cheap like many midstream O&G companies with a 50% yield and trades at 1:1 with 2019 DCF. CEQP actually has 83% of its revenues coming from fixed-f
- 03/27/2020
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One Equity Partners backs German IT business | PitchBook
- One Equity Partners has agreed to acquire IT services company MCL Computer & Zubehör. The business operates from seven locations in Germany and Austria and has more than 160 employees. Its...
- 03/25/2020
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Crestwood Equity downgraded to Equal Weight from Overweight at Barclays CEQP
- Crestwood Equity downgraded to Equal Weight from Overweight at Barclays Barclays CEQP
- 03/24/2020
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Barclays Downgrades Crestwood Equity Partners to Equal-Weight, Announces $5 Price Target
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Insights At A Glance: Highlighting MLP/Midstream's Fee-Based Exposure In Today's Tough Tape
- Alerian has often pointed to the defensive nature of midstream given its fee-based businesses, which should help insulate companies from sharp moves in commodit
- 03/23/2020
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Bitcoin Safe Haven? BTC Outperforming Oil and S&P 500 in Coronovirus Crisis
- On withstanding the effects of COVID-19, Bitcoin is two times and three times better when compared to S&P 500 and Crude Oil respectively.
- 03/23/2020
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Crestwood Equity Partners (NYSE:CEQP) Shares Gap Up to $4.04
- Crestwood Equity Partners LP (NYSE:CEQP)’s share price gapped up before the market opened on Friday . The stock had previously closed at $4.68, but opened at $4.04. Crestwood Equity Partners shares last traded at $5.63, with a volume of 98,340 shares traded. Several brokerages have issued reports on CEQP. Raymond James downgraded shares of Crestwood […]
- 03/22/2020
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Crestwood Equity Partners LP(CEQP) Attracting Credible Institutional Interest? | Post Analyst
- Analysts have clear opinions on CEQP. There are 5 analysts on the Wall offering 12 month price targets for Crestwood Equity in the last 3 months. The average price target is $31.25 with a high forecast of $42.00 and a low forecast of $10.00. The average price target represents a 673.51% increase from the last …
- 03/20/2020
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Credit Suisse AG Acquires 86,225 Shares of Crestwood Equity Partners LP (NYSE:CEQP)
- Credit Suisse AG raised its holdings in shares of Crestwood Equity Partners LP (NYSE:CEQP) by 57.6% in the 4th quarter, HoldingsChannel.com reports. The fund owned 235,996 shares of the pipeline company’s stock after purchasing an additional 86,225 shares during the quarter. Credit Suisse AG’s holdings in Crestwood Equity Partners were worth $7,273,000 at the end […]
- 03/19/2020
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Crestwood Equity Partners LP (NYSE:CEQP) Shares Acquired by Barclays PLC
- Barclays PLC increased its stake in Crestwood Equity Partners LP (NYSE:CEQP) by 36.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,387 shares of the pipeline company’s stock after acquiring an additional 3,543 shares during the period. Barclays […]
- 03/16/2020
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Crestwood Equity Partners (NYSE:CEQP) Cut to Outperform at Raymond James
- Raymond James cut shares of Crestwood Equity Partners (NYSE:CEQP) from a strong-buy rating to an outperform rating in a research report sent to investors on Thursday, BenzingaRatingsTable reports. Raymond James currently has $11.00 price target on the pipeline company’s stock, down from their prior price target of $39.00. CEQP has been the subject of a […]
- 03/16/2020
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Market Suspended, MLPs Canceled
- The oil price collapse dragged MLPs and midstream stocks down again this week. The group finished down a staggering 30%, which leaves YTD returns in less than t
- 03/15/2020
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Brokerages Set Crestwood Equity Partners LP (NYSE:CEQP) Target Price at $40.83
- Shares of Crestwood Equity Partners LP (NYSE:CEQP) have been assigned an average rating of “Buy” from the nine ratings firms that are currently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average twelve-month price target among […]
- 03/14/2020
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2 Defensive Dividend Stocks Yielding Over 20%
- After the crazy volatility we’ve seen this week – the Dow has been swinging 1,000 points or more in consecutive sessions – it may be time to step back and consider the longer term. Yes, the COVID-19 epidemic will have an economic impact. Hotels and tour companies, manufacturers with China-based supply chains, shipping and trucking companies – all are seeing losses and either implementing or considering layoffs. But does the situation justify a prolonged market slump?Briefly, the answer is no. Yes, there are disruptions now – but in China, the disease’s epicenter and still the country most strongly effected, with a majority of the world’s coronavirus cases, there are signs that the epidemic spread has peaked, and that manufacturers and other businesses are starting to get back to work. Additionally, diagnostic test kits are coming available, vaccine development is proceeding.The upshot is, while increased volatility is almost certainly going to stay with us for a while, it’s time to consider defensive stocks. And that will bring us to dividends. By providing a steady income stream, no matter what the market conditions, a reliable dividend stock provides a pad for your investment portfolio when the share stop appreciating.We’ve used the TipRanks Stock Screener to pull up dividend stocks yielding 20% or more, with a Strong Buy consensus rating and over 30% upside potential. And to make them even sweeter, we’ve looked for a low cost of entry, below $8, to make these buy-side options affordable for thrifty investors. Here are two stocks that meet the profile.DHT Holdings, Inc. (DHT)We’ll start with a crude oil tanker company. DHT controls a fleet of 27 very large crude carriers (VLCC), the backbone type of the global tanker fleet. VLCCs are the ships that plod the oceans, tying the world’s oil markets together.DHT managed to keep its share price up through 2019, despite low prices for crude oil, and the absolute necessity of transport to the oil industry has helped to insulate the stock during the recent market instability. The company did take a hit earlier this year, when it reported Q4 revenues and earnings below the estimates. The top line missed by 12%, coming in at $141.7 million, while the 45-cent EPS missed the estimates by 25%. Both figures, however, were up strongly year-over-year.While investors were spooked by the quarterly estimates miss, they can be reassured by the company’s growing revenues – and what it is doing with them. DHT increased its dividend payment from 5 cents to 32 cents, a bump of 640%. That payment was effective February 14. DHT has a long history of reliably keeping up the dividend payments, which is good, and even with the increased dividend the payout ratio remains easily affordable at 71%. And to top it off, the yield is an astronomical 21.16%. There is no point comparing that to average dividend yields or Treasury bond yields – those numbers stand at 2% or less.Jefferies analyst Randy Giveans sees potential in DHT. He gives the stock a $9 price target, suggesting an upside of 28%, and a Buy rating. (To watch Giveans’ track record, click here)Supporting his view, Giveans writes, “We believe that the crude oil tanker spot rates will be under pressure during 1Q20 due to normal seasonality, but will average higher in 2020 and in 2021. IMO 2020 should be a boon to the crude oil tanker market due to new crude routes further dislocating the market, increased demand for crude to satisfy refinery needs to produce ultra-low sulfur fuel oils, and demand for VLCCs as storage for HSFO… DHT is a pure-play VLCC owner/operator with significant operating leverage to improving VLCC spot rates.”Writing from Evercore ISI, Jonathan Chappell is also impressed by DHT. He says of the stock, “DHT’s 4Q profits marked the highest in the company’s decade-and-a-half history, with a quarterly dividend that reflects an annualized yield of more than 20%.”Chappell gives DHT a Buy rating supported by an $11 price target, implying a 63% potential upside. (To watch Chappell’s track record, click here)All in all, DHT stock has a resounding “yes” on Wall Street. TipRanks analytics show that out of 5 analysts, 4 are bullish and 1 is neutral. The price target of $8.70 shows a potential upside of nearly 30%. (See DHT stock analysis on TipRanks)Crestwood Equity Partners (CEQP)Next up is a midstream company, providing services in North Dakota’s Bakken Shale, the Texan Delaware Basin, and the Marcellus Shale in Appalachia. Crestwood’s operations span 19 states, and include Gathering & Processing, Storage & Transport, and Marketing, Supply, & Logistics.Midstreamers are more sensitive to oil prices than the tanker companies, and CEQP showed that in its Q4 report. The company saw revenues, at $839.7 million, beat the forecast by $40 million, but the 28-cent EPS missed by a full 15 cents, or 34%. At the same time, full-year income grew from 2018’s $67 million to 2019’s $319 million.As for the dividend, the company has a 4-year history of reliably keeping up the payments and slowly increasing them. The most recent payment, 62.5 cents announced last month, annualizes to $2.50 per share and gives a robust yield of 29.41%.Tristan Richardson, of SunTrust Robinson, sees this as a high-potential growth stock. He writes, “The 2020 outlook offers meaningful growth relative to the decelerating midstream environment... With the current constraint in CEQP’s growth markets, we are of the view the near-term growth from new projects remains intact.”Richardson puts a $36 price target on CEQP, along with a Buy rating. His target implies an upside of 304%. (To watch Richardson’s track record, click here)Weighing in on the stock for Barclays, 4-star analyst Christopher Tillett says, “Despite the increase in expected capital expenditures for 2020, the company … anticipates it will be FCF-positive, which should still be supportive for the stock… We continue to view CEQP as well positioned to benefit in the quarters ahead from its strategic system enhancements and activity growth near its footprint.”Tillett’s $36 price target implies an amazing upside of 395%, and fully supports his Buy rating. (To watch Tillett’s track record, click here)CEQP gets a unanimous analyst consensus rating of Strong Buy, based on 5 Buy-side reviews. Shares are currently selling for $7.27, and the $37.75 average price target suggests an upside potential of 420%. (See Crestwood stock analysis on TipRanks)
- 03/13/2020
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2 Defensive Dividend Stocks Yielding Over 20%
- After the crazy volatility we’ve seen this week – the Dow has been swinging 1,000 points or more in consecutive sessions – it may be time to step back and
- 03/13/2020
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OXY, NRZ among premarket gainers
- OPKO Health (NASDAQ:OPK) +45% as subsidiary BioReference Laboratories is now accepting samples for COVID-19. Liberty TripAdvisor Holdings (NASDAQ:LTRPA) +43%.Norwegian Cruise Line Holdings (NYSE:NCLH)
- 03/13/2020
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