Contrasting Crestwood Equity Partners (CEQP) and Its Rivals

Crestwood Equity Partners (NYSE: CEQP) is one of 37 publicly-traded companies in the “Oil & Gas Refining and Marketing” industry, but how does it contrast to its rivals? We will compare Crestwood Equity Partners to related companies based on the strength of its valuation, institutional ownership, dividends, earnings, analyst recommendations, risk and profitability.

Dividends

Crestwood Equity Partners pays an annual dividend of $2.40 per share and has a dividend yield of 9.7%. 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 347.3% of their earnings in the form of a dividend. Crestwood Equity Partners is clearly a better dividend stock than its rivals, given its higher yield and lower payout ratio.

Valuation and Earnings

This table compares Crestwood Equity Partners and its rivals top-line revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Crestwood Equity Partners $2.52 billion -$216.30 million -8.81
Crestwood Equity Partners Competitors $40.29 billion $686.61 million 241.07

Crestwood Equity Partners’ rivals have higher revenue and earnings than Crestwood Equity Partners. Crestwood Equity Partners is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Analyst Recommendations

This is a summary of current ratings and price targets for Crestwood Equity Partners and its rivals, 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 1878 2502 116 2.48

Crestwood Equity Partners presently has a consensus target price of $27.75, suggesting a potential upside of 11.67%. As a group, “Oil & Gas Refining and Marketing” companies have a potential upside of 10.26%. Given Crestwood Equity Partners’ stronger consensus rating and higher probable upside, analysts plainly believe Crestwood Equity Partners is more favorable than its rivals.

Volatility and Risk

Crestwood Equity Partners has a beta of 2.5, meaning that its stock price is 150% more volatile than the S&P 500. Comparatively, Crestwood Equity Partners’ rivals have a beta of 1.31, meaning that their average stock price is 31% more volatile than the S&P 500.

Institutional and Insider Ownership

65.5% of Crestwood Equity Partners shares are held by institutional investors. Comparatively, 48.1% of shares of all “Oil & Gas Refining and Marketing” companies are held by institutional investors. 36.2% of Crestwood Equity Partners shares are held by company insiders. Comparatively, 11.0% of shares of all “Oil & Gas Refining and Marketing” companies are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Profitability

This table compares Crestwood Equity Partners and its rivals’ 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 -1.29% 3.41% 1.67%

Summary

Crestwood Equity Partners beats its rivals on 8 of the 14 factors compared.

Crestwood Equity Partners Company Profile

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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