Crestwood Equity Partners LP

NYSE:CEQP Stock Report

Market Cap: US$3.0b

Crestwood Equity Partners Dividends and Buybacks

Dividend criteria checks 3/6

Crestwood Equity Partners is a dividend paying company with a current yield of 9.27% that is well covered by earnings.

Key information

9.3%

Dividend yield

0.7%

Buyback Yield

Total Shareholder Yield10.0%
Future Dividend Yield9.6%
Dividend Growth0.8%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Payout ratio51%

Recent dividend and buyback updates

Recent updates

Crestwood Equity Partners: Strong Value Potential As Acquisition Deal Is Finalizing

Sep 29

Crestwood Equity To Become Part Of Energy Transfer Empire

Aug 17

Crestwood: Marginally Weaker Quarter But Unchanged Thesis

Aug 01

Crestwood Equity Partners: 10.2% Yield, 1.7x DCF Coverage, Low Valuation

Jun 07

Crestwood Equity: Dealmaking Has Transformed The Company

Feb 17

Crestwood Equity goes ex dividend monday

Feb 03

Crestwood Equity: 9.5% Yield, Strong Distribution Coverage, Cheap Valuation

Jan 14

Crestwood Equity Q3 2022 Earnings Preview

Nov 01

Crestwood Equity declares $0.655 dividend

Oct 25

Crestwood Equity Partners: The Numbers Are Not Stacking Up

Sep 27

Crestwood announces common units secondary offering & concurrent common unit repurchase

Sep 12

Crestwood Equity Q2 2022 Earnings Preview

Jul 25

Crestwood Equity declares $0.655 dividend

Jul 14

The Crestwood-Oasis Midstream Merger Is Interesting

Nov 30

Crestwood: 8.7% Yield And 30% Upside With Accretive Acquisition Of Oasis Midstream

Oct 26

Crestwood: Now Best In Class On Many Metrics

Jul 28

Crestwood Equity Partners: Higher Distributions Could Follow Their Stagecoach Divestiture

Jul 15

Crestwood: Selling Stagecoach At Expected Price

Jun 01

Crestwood Equity Q1 2021 Earnings Preview

Apr 26

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: CEQP's dividend payments have been volatile in the past 10 years.

Growing Dividend: CEQP's dividend payments have fallen over the past 10 years.


Dividend Yield vs Market

Crestwood Equity Partners Dividend Yield vs Market
How does CEQP dividend yield compare to the market?
SegmentDividend Yield
Company (CEQP)9.3%
Market Bottom 25% (US)1.4%
Market Top 25% (US)4.5%
Industry Average (Oil and Gas)4.2%
Analyst forecast (CEQP) (up to 3 years)9.6%

Notable Dividend: CEQP's dividend (9.27%) is higher than the bottom 25% of dividend payers in the US market (1.56%).

High Dividend: CEQP's dividend (9.27%) is in the top 25% of dividend payers in the US market (4.79%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (50.5%), CEQP's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (93.5%), CEQP's dividend payments are not well covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/11/04 01:41
End of Day Share Price 2023/11/02 00:00
Earnings2023/09/30
Annual Earnings2022/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Crestwood Equity Partners LP is covered by 16 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ethan BellamyBaird
Heejung RyooBarclays
Dennis ColemanBofA Global Research