Crestwood Equity Partners LP

NYSE:CEQP Stock Report

Market Cap: US$3.0b

Crestwood Equity Partners Past Earnings Performance

Past criteria checks 3/6

Crestwood Equity Partners's earnings have been declining at an average annual rate of -6.2%, while the Oil and Gas industry saw earnings growing at 32.8% annually. Revenues have been growing at an average rate of 13.8% per year. Crestwood Equity Partners's return on equity is 11.4%, and it has net margins of 2.8%.

Key information

-6.2%

Earnings growth rate

-9.2%

EPS growth rate

Oil and Gas Industry Growth33.7%
Revenue growth rate13.8%
Return on equity11.4%
Net Margin2.8%
Last Earnings Update30 Sep 2023

Recent past performance 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

Revenue & Expenses Breakdown

How Crestwood Equity Partners makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NYSE:CEQP Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 234,8271363190
30 Jun 235,2531033120
31 Mar 235,680-93070
31 Dec 226,001-293050
30 Sep 225,978-43000
30 Jun 225,639-12770
31 Mar 225,120-782530
31 Dec 214,569-1392190
30 Sep 213,843-1892170
30 Jun 213,136-1452100
31 Mar 212,559-1312220
31 Dec 202,254-1162230
30 Sep 202,440-972200
30 Jun 202,744-672300
31 Mar 203,0751822260
31 Dec 193,1822252420
30 Sep 193,1112442290
30 Jun 193,2172112230
31 Mar 193,374-292210
31 Dec 183,654-92140
30 Sep 184,133-1912260
30 Jun 184,158-2172290
31 Mar 184,168-1962310
31 Dec 173,881-2542330
30 Sep 173,429-1962310
30 Jun 173,061-1552250
31 Mar 172,813-1872420
31 Dec 162,521-2452430
30 Sep 162,355-1,5772300
30 Jun 162,398-1,7942600
31 Mar 162,437-1,7832610
31 Dec 152,633-1,6733070
30 Sep 153,001-2203210
30 Jun 153,406103110
31 Mar 153,691453070
31 Dec 143,931563040
30 Sep 143,742262710
30 Jun 143,133152550
31 Mar 142,326212120
31 Dec 131,42771670
30 Sep 1368611200
30 Jun 1332215810
31 Mar 1325817720
31 Dec 1224015730

Quality Earnings: CEQP has high quality earnings.

Growing Profit Margin: CEQP became profitable in the past.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: CEQP has become profitable over the past 5 years, growing earnings by -6.2% per year.

Accelerating Growth: CEQP has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: CEQP has become profitable in the last year, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-7.1%).


Return on Equity

High ROE: CEQP's Return on Equity (11.4%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/11/04 19:39
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