Shares of Crestwood Equity Partners LP (NYSE:CEQP) traded today at $31.55, eclipsing its 52-week high. Approximately 200,000 shares have changed hands today, as compared to an average 30-day volume of 463,000 shares.
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.
Crestwood Equity Partners LP (NYSE:CEQP) defies analysts with a current price ($31.24) 6.9% above its average consensus price target of $29.10.
Crestwood Equity Partners LP share prices have moved between a 52-week high of $31.55 and a 52-week low of $8.50 and are now trading 268% above that low price at $31.24 per share.
Receive IBN Spotlights – “Bite Size” Small, Mid and Large-Cap Technical Indicator Alerts
To stay connected with our complimentary IBN Spotlights, please visit https://IBN.fm/connected
About InvestorBrandNetwork (IBN)
InvestorBrandNetwork (IBN) consists of 50+ trusted financial brands introduced to the investment public over the course of 15+ years. Through these brands, IBN provides (1) access to our Investor Press Release Wire Solutions via InvestorWire (IW) to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) enhanced press release solutions via IW to ensure maximum impact; (4) full-scale distribution to an enormous social media audience that includes millions of followers; and (5) a full array of corporate communications solutions focused on the IBN Podcast Series. With a proven track record serving 500+ client partners, IBN is the key to a more effective market communication campaign.
For more information, please visit https://www.InvestorBrandNetwork.com
Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://IBN.fm/Disclaimer