Crestwood Equity Partners Future Growth

Future criteria checks 3/6

Crestwood Equity Partners's revenue is forecast to decline at 2.9% per annum while its annual earnings are expected to grow at 20.8% per year. EPS is expected to grow by 23.2% per annum. Return on equity is forecast to be 18.3% in 3 years.

Key information

20.8%

Earnings growth rate

23.2%

EPS growth rate

Oil and Gas earnings growth	8.2%
Revenue growth rate	-2.9%
Future return on equity	18.3%
Analyst coverage	Low
Last updated	03 Nov 2023

Recent future growth updates

Recent updates

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

Sep 29

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

Earnings and Revenue Growth Forecasts

NYSE:CEQP - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2024	4,611	216	376	593	1
12/31/2023	4,649	280	267	659	1
9/30/2023	4,827	136	294	540	N/A
6/30/2023	5,253	103	188	454	N/A
3/31/2023	5,680	-9	192	463	N/A
12/31/2022	6,001	-29	210	439	N/A
9/30/2022	5,978	-4	156	331	N/A
6/30/2022	5,639	-1	245	385	N/A
3/31/2022	5,120	-78	290	391	N/A
12/31/2021	4,569	-139	344	427	N/A
9/30/2021	3,843	-189	420	486	N/A
6/30/2021	3,136	-145	472	518	N/A
3/31/2021	2,559	-131	457	547	N/A
12/31/2020	2,254	-116	240	408	N/A
9/30/2020	2,440	-97	170	437	N/A
6/30/2020	2,744	-67	16	410	N/A
3/31/2020	3,075	182	-65	409	N/A
12/31/2019	3,182	225	-35	420	N/A
9/30/2019	3,111	244	-116	331	N/A
6/30/2019	3,217	211	-104	288	N/A
3/31/2019	3,374	-29	-73	236	N/A
12/31/2018	3,654	-9	-52	254	N/A
9/30/2018	4,133	-191	-31	229	N/A
6/30/2018	4,158	-217	65	283	N/A
3/31/2018	4,168	-196	115	346	N/A
12/31/2017	3,881	-254	68	256	N/A
9/30/2017	3,429	-196	174	330	N/A
6/30/2017	3,061	-155	N/A	286	N/A
3/31/2017	2,813	-187	N/A	271	N/A
12/31/2016	2,521	-245	N/A	346	N/A
9/30/2016	2,355	-1,577	N/A	384	N/A
6/30/2016	2,398	-1,794	N/A	423	N/A
3/31/2016	2,437	-1,783	N/A	418	N/A
12/31/2015	2,633	-1,673	N/A	441	N/A
9/30/2015	3,001	-220	N/A	410	N/A
6/30/2015	3,406	10	N/A	367	N/A
3/31/2015	3,691	45	N/A	358	N/A
12/31/2014	3,931	56	N/A	283	N/A
9/30/2014	3,742	26	N/A	249	N/A
6/30/2014	3,133	15	N/A	258	N/A
3/31/2014	2,326	21	N/A	236	N/A
12/31/2013	1,427	7	N/A	188	N/A
9/30/2013	686	1	N/A	138	N/A
6/30/2013	322	15	N/A	117	N/A
3/31/2013	258	17	N/A	114	N/A
12/31/2012	240	15	N/A	102	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: CEQP's forecast earnings growth (20.8% per year) is above the savings rate (2.2%).

Earnings vs Market: CEQP's earnings (20.8% per year) are forecast to grow faster than the US market (14.9% per year).

High Growth Earnings: CEQP's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: CEQP's revenue is expected to decline over the next 3 years (-2.9% per year).

High Growth Revenue: CEQP's revenue is forecast to decline over the next 3 years (-2.9% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: CEQP's Return on Equity is forecast to be low in 3 years time (18.3%).

Crestwood Equity Partners Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Crestwood Equity Partners LP Revises Earnings Guidance for the Full Year 2022

Crestwood Equity Partners LP Provides Earnings Guidance for the Fiscal Year 2022

Consensus forecasts updated

Price target increased to US$25.90

Crestwood Equity Partners LP Revises Earnings Guidance for the Year 2021

Recent updates

Crestwood Equity Partners Files Form 15

NYSE Files A Notification of Removal of Listing on Form 25 to Delist the Crestwood Equity Partners LP's Common Units

Third quarter 2023 earnings released: US$0.33 loss per share (vs US$0.64 loss in 3Q 2022)

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

Energy Transfer LP (NYSE:ET) entered into a definitive merger agreement to acquire Crestwood Equity Partners LP (NYSE:CEQP) for approximately $4.5 billion.

Energy Transfer LP (NYSE:ET) entered into a definitive merger agreement to acquire Crestwood Equity Partners LP (NYSE:CEQP) for approximately $4.5 billion.

Crestwood Equity To Become Part Of Energy Transfer Empire

New major risk - Financial position

Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Crestwood: Marginally Weaker Quarter But Unchanged Thesis

Upcoming dividend of US$0.66 per share at 9.1% yield

Crestwood Equity Partners LP to Report Q2, 2023 Results on Aug 01, 2023

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

First quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Upcoming dividend of US$0.66 per share at 11% yield

Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Crestwood Equity: Dealmaking Has Transformed The Company

Crestwood Equity goes ex dividend monday

Upcoming dividend of US$0.66 per share at 9.6% yield

Crestwood Equity Partners LP to Report Q4, 2022 Results on Feb 21, 2023

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

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

Crestwood Equity Partners LP Revises Earnings Guidance for the Full Year 2022

Crestwood Equity Q3 2022 Earnings Preview

Upcoming dividend of US$0.66 per share

Antero Midstream Corporation (NYSE:AM) completed the acquisition of Marcellus natural gas gathering and compression assets of Crestwood Equity Partners LP (NYSE:CEQP).

Crestwood Equity declares $0.655 dividend

Crestwood Equity Partners LP Declares Cash Distribution for the Quarter Ended September 30, 2022, Payable on November 14, 2022

Crestwood Equity Partners: The Numbers Are Not Stacking Up

Crestwood Equity Partners LP has completed a Follow-on Equity Offering.

Antero Midstream Corporation (NYSE:AM) agreed to acquire Marcellus natural gas gathering and compression assets of Crestwood Equity Partners LP (NYSE:CEQP) for approximately $210 million in cash.

Crestwood announces common units secondary offering & concurrent common unit repurchase

Crestwood Equity Partners LP Announces Leadership Promotions

High number of new directors

Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Upcoming dividend of US$0.66 per share

Crestwood Equity Q2 2022 Earnings Preview

Crestwood Equity Partners LP to Report Q2, 2022 Results on Jul 26, 2022

Crestwood Equity declares $0.655 dividend

Crestwood Equity Partners LP Announces Board Changes

Crestwood Equity Partners LP (NYSE:CEQP) has entered into an agreement to acquire remaining 50% stake in Crestwood Permian Basin Holdings LLC from First Reserve Corporation for $320 million.

EnLink Midstream, LLC (NYSE:ENLC) entered into a definitive agreement to acquire North Texas gathering and processing assets of Crestwood Equity Partners LP (NYSE:CEQP) for approximately $280 million.

Upcoming dividend of US$0.66 per share

First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

High number of new directors

Crestwood Equity Partners LP Increases Quarterly Distribution for the Quarter Ended March 31, 2022, Payable on May 13, 2022

High number of new directors

Crestwood Equity Partners LP, Annual General Meeting, May 12, 2022

High number of new directors

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

Crestwood Equity Partners LP Provides Earnings Guidance for the Fiscal Year 2022

Crestwood Equity Partners LP (NYSE:CEQP) completed the acquisition of Oasis Midstream Partners LP (NasdaqGS:OMP) from Oasis Petroleum Inc. (NasdaqGS:OAS), OMS Holdings LLC and others.

Upcoming dividend of US$0.63 per share

Insufficient new directors

Insufficient new directors

The Crestwood-Oasis Midstream Merger Is Interesting

Third quarter 2021 earnings released: US$1.03 loss per share (vs US$0.28 loss in 3Q 2020)

Upcoming dividend of US$0.63 per share

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

Executive VP recently sold US$58k worth of stock

Upcoming dividend of US$0.63 per share

Second quarter 2021 earnings released: US$1.01 loss per share (vs US$0.68 loss in 2Q 2020)

Crestwood: Now Best In Class On Many Metrics

Crestwood Equity Partners: Higher Distributions Could Follow Their Stagecoach Divestiture

Kinder Morgan, Inc. (NYSE:KMI) entered into a purchase and sale agreement to acquire Stagecoach Gas Services LLC from Crestwood Equity Partners LP (NYSE:CEQP) and Con Edison Gas Pipeline and Storage, LLC for $1.2 billion.

Crestwood: Selling Stagecoach At Expected Price

Consensus forecasts updated

First quarter 2021 earnings released

Upcoming dividend of US$0.63 per share

Crestwood Equity Q1 2021 Earnings Preview