Crestwood Equity Partners (CEQP) and Its Rivals Critical Review
Crestwood Equity Partners (NYSE: CEQP) is one of 42 public companies in the “Oil & Gas Refining and Marketing” industry, but how does it weigh in compared to its peers? We will compare Crestwood Equity Partners to related companies based on the strength of its institutional ownership, analyst recommendations, valuation, risk, earnings, profitability and dividends.
This table compares Crestwood Equity Partners and its peers’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Crestwood Equity Partners||-5.36%||-3.34%||-1.41%|
|Crestwood Equity Partners Competitors||-1.54%||3.15%||1.54%|
Crestwood Equity Partners pays an annual dividend of $2.40 per share and has a dividend yield of 10.4%. Crestwood Equity Partners pays out -85.1% of its earnings in the form of a dividend. As a group, “Oil & Gas Refining and Marketing” companies pay a dividend yield of 5.4% and pay out 439.6% of their earnings in the form of a dividend. Crestwood Equity Partners is clearly a better dividend stock than its peers, given its higher yield and lower payout ratio.
This is a breakdown of recent recommendations for Crestwood Equity Partners and its peers, as reported by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Crestwood Equity Partners||0||0||4||0||3.00|
|Crestwood Equity Partners Competitors||388||1848||2422||110||2.47|
Crestwood Equity Partners currently has a consensus target price of $27.75, indicating a potential upside of 20.13%. As a group, “Oil & Gas Refining and Marketing” companies have a potential upside of 6.57%. Given Crestwood Equity Partners’ stronger consensus rating and higher probable upside, research analysts plainly believe Crestwood Equity Partners is more favorable than its peers.
Risk & Volatility
Crestwood Equity Partners has a beta of 2.75, indicating that its stock price is 175% more volatile than the S&P 500. Comparatively, Crestwood Equity Partners’ peers have a beta of 1.37, indicating that their average stock price is 37% more volatile than the S&P 500.
Earnings and Valuation
This table compares Crestwood Equity Partners and its peers top-line revenue, earnings per share and valuation.
|Gross Revenue||NetIncome||Price/Earnings Ratio|
|Crestwood Equity Partners||$2.52 billion||-$216.30 million||-8.19|
|Crestwood Equity Partners Competitors||$40.28 billion||$685.70 million||321.13|
Crestwood Equity Partners’ peers have higher revenue and earnings than Crestwood Equity Partners. Crestwood Equity Partners is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.
Insider and Institutional Ownership
63.9% of Crestwood Equity Partners shares are owned by institutional investors. Comparatively, 47.4% of shares of all “Oil & Gas Refining and Marketing” companies are owned by institutional investors. 36.2% of Crestwood Equity Partners shares are owned by company insiders. Comparatively, 11.0% of shares of all “Oil & Gas Refining and Marketing” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.
Crestwood Equity Partners beats its peers on 8 of the 14 factors compared.
About Crestwood Equity Partners
Crestwood Equity Partners LP is a holding company and a master limited partnership (MLP). The Company develops, acquires, owns or controls, and operates assets and operations within the energy midstream sector. The Company’s segments include gathering and processing (G&P), which includes its natural gas, crude oil and produced water G&P operations; storage and transportation, which includes its natural gas and crude oil storage and transportation operations, and marketing, supply and logistics, which includes its natural gas liquid (NGL) supply and logistics business, crude oil storage and rail loading facilities and fleet, and salt production business. The Company provides infrastructure solutions to service natural gas and crude oil shale plays across the United States. It owns and operates a portfolio of crude oil and natural gas gathering, processing, storage and transportation assets. Its operating assets are owned by or through its subsidiary, Crestwood Midstream Partners LP.
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