Important Dividends: $0.60 dividends are within arm’s reach for Crestwood Equity Partners LP (NYSE:CEQP) shareholders.

Important Dividends: $0.60 dividends are within arm's reach for Crestwood Equity Partners LP (NYSE:CEQP) shareholders.

Crestwood Equity Partners LP (NYSE:CEQP) is expected to pay $0.60 on Nov 14, 2016. The indicated annual dividend is $2.40. Shareholders owning the stock before Nov 3, 2016 will be eligible to receive the payout. Based on Crestwood Equity Partners LP’s current price of $20.00, the dividend is 3.00%. This dividend’s record date is Nov 7, 2016 and the announcement date is Oct 21, 2016. The stock closed at $20 during the last session. It is down 71.38% since March 31, 2016 and is uptrending. It has outperformed by 68.86% the S&P500.

Crestwood Equity Partners LP is a holding and master limited partnership company. The company has a market cap of $1.35 billion. The Firm develops, acquires, owns or controls, and operates assets and activities within the energy midstream sector. It currently has negative earnings. The Company’s divisions include gathering and processing (G&P), which includes its crude oil, natural gas 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.

Insitutional Activity: The institutional sentiment increased to Infinity in 2016 Q2. Its up Infinity, from 0.67 in 2016Q1. The ratio is positive, as 0 funds sold all Crestwood Equity Partners LP shares owned while 0 reduced positions. 1 funds bought stakes while 0 increased positions. They now own 59,838 shares or 102.88% more from 29,494 shares in 2016Q1.
Huntington State Bank has 625 shares for 0% of their US portfolio. Moreover, Bush Odonnell Investment Inc has 0.24% invested in Crestwood Equity Partners LP (NYSE:CEQP) for 17,727 shares. The Wisconsin-based Jacobus Wealth has invested 0.07% in Crestwood Equity Partners LP (NYSE:CEQP). Focused Wealth Mngmt Inc owns 1 shares or 0% of their US portfolio. Department Mb Retail Bank N A owns 425 shares or 0% of their US portfolio.

Insider Transactions: Since May 16, 2016, the stock had 8 insider purchases, and 0 selling transactions for $24.98 million net activity. $3.42 million worth of Crestwood Equity Partners LP (NYSE:CEQP) was bought by First Reserve GP XI – Inc. on Monday, May 16.

Crestwood Equity Partners LP (NYSE:CEQP) Ratings Coverage

Out of 6 analysts covering Crestwood Equity (NYSE:CEQP), 1 rate it a “Buy”, 2 “Sell”, while 3 “Hold”. This means 17% are positive. Crestwood Equity has been the topic of 10 analyst reports since August 17, 2015 according to StockzIntelligence Inc. Barclays Capital maintained Crestwood Equity Partners LP (NYSE:CEQP) on Wednesday, February 24 with “Equal-Weight” rating. Barclays Capital maintained it with “Equal-Weight” rating and $22 target price in Wednesday, December 23 report. The stock of Crestwood Equity Partners LP (NYSE:CEQP) has “Buy” rating given on Wednesday, May 4 by Stifel Nicolaus. The firm has “Underperform” rating given on Thursday, October 8 by Bank of America. Barclays Capital maintained Crestwood Equity Partners LP (NYSE:CEQP) on Tuesday, June 21 with “Underweight” rating. The company was downgraded on Monday, January 25 by Robert W. Baird. The firm has “Neutral” rating by JP Morgan given on Wednesday, March 30. On Monday, January 4 the stock rating was downgraded by Raymond James to “Mkt Perform”.

More important recent Crestwood Equity Partners LP (NYSE:CEQP) news were published by: Forbes.com which released: “Ex-Dividend Reminder: Enbridge Energy Partners, Crestwood Equity Partners and …” on November 01, 2016, also Fool.com published article titled: “3 Reasons Why Crestwood Equity Partners LP Surged Nearly 20% in May”, Fool.com published: “Why Crestwood Equity Partners LP Stock Is Rocketing Higher Today” on April 21, 2016. More interesting news about Crestwood Equity Partners LP (NYSE:CEQP) was released by: Forbes.com and their article: “Ex-Dividend Reminder: Crestwood Equity Partners, Williams Partners and Sunoco” with publication date: August 01, 2016.

CEQP Company Profile

Crestwood Equity Partners LP, incorporated on March 7, 2001, is a holding and master limited partnership (MLP) company. The Firm develops, acquires, owns or controls, and operates assets and activities within the energy midstream sector. The Company’s divisions include gathering and processing (G&P), which includes its crude oil, natural gas 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 Firm provides infrastructure solutions to service natural gas and crude oil shale plays across the United States. It owns and operates a portfolio of natural gas and crude oil gathering, processing, storage and transportation assets.

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