Crestwood Equity Partners LP (NYSE:CEQP) traded at a new 52-week high today of $33.82. Approximately 160,000 shares have changed hands today, as compared to an average 30-day volume of 525,000 shares.
In the past 52 weeks, shares of Crestwood Equity Partners LP have traded between a low of $10.57 and a high of $33.82 and is now at $33.75, which is 219% above that low price.
Crestwood Equity Partners LP (NYSE:CEQP) is currently priced 13.8% above its average consensus analyst price target of $29.10.
Crestwood Equity Partners LP develops, acquires, owns or controls, and operates fee-based assets and operations within the energy midstream sector. The company has a diversified portfolio of crude oil and natural gas gathering, processing, storage and transportation assets that connect fundamental energy supply with energy demand across North America. It has three reporting segments: Gathering and Processing, Marketing, Supply and Logistics, and Storage and Transportation. The company serves various producers in unconventional shale plays located in across the United States. It generates maximum revenue from the Marketing, Supply and Logistics division.
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