How to Buy Crestwood Equity Partners Stock
Crestwood Equity Partners LP
Crestwood Equity Partners is a oil & gas midstream company located in Texas, United States, which is part of the Energy sector, and is traded under the ticker CEQP on the NYSE exchange.
Crestwood Equity Partners stock last closed at $25.01, up 1.05% from the previous day, and has decreased 13.37% in one year. It has underperformed other stocks in the Oil & Gas Midstream industry by 0.13 percentage points. Crestwood Equity Partners stock is currently +13.12% from its 52-week low of $22.11, and -20.5% from its 52-week high of $31.46.
There are currently 105.26M CEQP shares outstanding. The market value of CEQP is $2.63B. In the past 24 hours, 430,080 CEQP shares were traded.
How to Buy Crestwood Equity Partners Stock
Wondering how to invest in Crestwood Equity Partners stock? Here's how.
- Decide where to buy Crestwood Equity Partners stock: You need to pick an online brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you choose where to buy Crestwood Equity Partners stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Fund your brokerage account: Select your method of payment and add your info.
- Analyze Crestwood Equity Partners stock: The Crestwood Equity Partners ticker symbol is CEQP. Is Crestwood Equity Partners stock a good investment? Should you buy shares of CEQP? How do CEQP's underlying business fundamentals look? Do top analysts think Crestwood Equity Partners is a good buy? Why has CEQP's stock price moved recently? (Hint: Our stock research website can help you decide if CEQP is a good stock to buy).
- Place your CEQP buy order: Decide if you will purchase CEQP shares at the current market price or use a limit order to buy CEQP stock at a particular price.
- Get the latest scoop on your CEQP position: Create a watchlist to keep track of your investment in Crestwood Equity Partners shares.
Step 1: Decide where to buy Crestwood Equity Partners stock
You need a brokerage account to access the NYSE market and buy CEQP stock.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've picked your brokerage, you need to fill out some personal information so you are able to buy CEQP today.
How to Start a New Investment Account on eToro
- Click here to get started.
- Enter your personal data to open a new trading account.
- Send your details by hitting the "Create Account" button.
Step 3: Fund your brokerage account
Now that you've created your account on one of the best stock trading apps, your next step is to transfer the money for your investment:
Check out the video below to see the process of depositing funds into your new brokerage account.
Step 4: Analyze Crestwood Equity Partners stock
Once you have chosen the best place to buy Crestwood Equity Partners stock, it's absolutely critical to research their stock before you buy, so you truly wrap your head around the risk as well as the upside.
Crestwood Equity Partners shares quick numbers
Crestwood Equity Partners Overview
WallStreetZen was designed to help average investors do more in-depth fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on CEQP's stock page.
How is CEQP stock valued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge CEQP's intrinsic value.
Using relative valuations measures:
- CEQP may be overvalued based on its P/B ratio of 2.12x, relative to Oil & Gas Midstream industry P/B ratio of 2.06x
You can access additional valuation analysis on CEQP's stock here.
CEQP Financial Health
Pros:
- CEQP profit margin has gone up from -1.5% to -0.2% in the past year.
- There are more short-term assets than short-term liabilities on the CEQP balance sheet.
Cons:
- CEQP has a relatively high debt to equity ratio of 3.3.
- CEQP's operating cash flow of $462.60M allows it to safely service it's debt of $3.31B.
- CEQP earnings of $249.80M is not sufficient to cover its interest payments.
- Total CEQP debt is higher than 5 years ago, relative to shareholder equity.
- There are more long-term liabilities than short-term assets on the CEQP balance sheet.
Is it a good time to buy CEQP stock, according to analysts?
Out of 8 Equities analysts who track CEQP, the consensus analyst rating on Crestwood Equity Partners is a Strong Buy
It's important to keep in mind that analyst forecasts are not recommendations, nor are they financial advice.
Most Recent CEQP Analyst Forecasts
Selman Akyol, a bottom 12% analyst from Stifel Nicolaus maintains CEQP with a strong buy rating and lowers their CEQP price target from $30.00 to $29.00, on May 17, 2023.
Neal Dingmann, a top 3% analyst from Truist Securities maintains CEQP with a strong buy rating and lowers their CEQP price target from $35.00 to $28.00, on Mar 27, 2023.
Elvira Scotto, a bottom 8% analyst from RBC Capital maintains CEQP with a buy rating and lowers their CEQP price target from $30.00 to $29.00, on Mar 15, 2023.
Jeremy Tonet, a top 29% analyst from JP Morgan downgrades CEQP to a hold rating and lowers their CEQP price target from $31.00 to $28.00, on Mar 14, 2023.
Ned Baramov, a bottom 5% analyst from Wells Fargo maintains CEQP with a strong buy rating and lowers their CEQP price target from $35.00 to $32.00, on Mar 8, 2023.
You can dig deeper into what analysts are forecasting on the Crestwood Equity Partners stock forecast page.
Metrics for Advanced CEQP Traders
How are CEQP Revenues/Earnings doing?
Last year, CEQP revenue was $5.68B. Over the last 5 year, CEQP's revenue has increased by 6.39% per year. This was slower than the Oil & Gas Midstream industry average of 14.3%.
You can research CEQP's earnings and revenue performance here.
Latest Insiders Trades at CEQP
Over the past 12 months, executives and large shareholders at CEQP have sold more shares than they have bought.
Diaco Aviki, EVP Chief Operating Officer of CEQP, was the latest CEQP insider to sell. They sold $3,745.00 worth of CEQP stock on Feb 14, 2023.
Dig into more about who owns CEQP shares here.
Can I get consistent income from CEQP stock?
Crestwood Equity Partners pays a dividend of 10.48%, compared to the Oil & Gas Midstream industry's average dividend yield of 6.86%. If you owned $1,000 of CEQP stock, you would have received $104.76 in the past 12 months.
Crestwood Equity Partners dividend payments have not consistently grown over the past decade and have not remained stable.
Get more analysis about Crestwood Equity Partners dividend yield and history here.
What do other investors have to say about CEQP?
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Place your CEQP buy order
You have two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally the best for newer investors. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a specific price limit, place a limit order.
Click the Open Trade button and eToro will place your order.
If you want more assistance investing in stocks on eToro, watch the helpful video below:
Step 6: Get the latest scoop on your CEQP position
Now that you own some shares in CEQP, you'll want to keep up with your new investment.
Add CEQP to a watchlist to get notified of important updates regarding your CEQP stock.
CEQP Feed
How to Buy Stock in Crestwood Equity Partners
To summarize, here are the 6 steps you need to take to buy Crestwood Equity Partners stock right now:
- Decide where to buy Crestwood Equity Partners stock
- Open a brokerage account
- Fund your brokerage account
- Analyze Crestwood Equity Partners stock
- Place your CEQP buy order
- Get the latest scoop on your CEQP position
If you need a brokerage account, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to get the latest news on your investment in Crestwood Equity Partners, create a watchlist on WallStreetZen today.
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