Crestwood Equity Partners LP (NYSE:CEQP) is reporting second quarter financial results on Tuesday 4th August 2020, before market open.
According to analysts surveyed by Thomson Reuters, CEQP is expected to report 2Q20 loss of $ 0.12 per share from revenue of $ 495.13 million.
For the full year, analysts anticipate top line of $ 2582.58 million, while looking forward to loss of $ 0.29 per share bottom line.
Previous Quarter Performance
Crestwood Equity Partners LP announced income for the first quarter of $ 0.45 per share, from the revenue of $ 727.90 million. The quarterly revenues reduced 12.85 percent compared with the same quarter last year. The consensus estimates are income of $ 0.22 per share from $ 776.41 million in revenue. The bottom line results beat street analysts by $ 0.23 or 104.55 percent, at the same time, top line results fell short of analysts by $ 48.51 million or 6.25 percent.
Historical Earnings Performance
wpDataChart with provided ID not found! wpDataTable with provided ID not found!Click Here For More Historical Earnings Of Crestwood Equity Partners LP
Stock Performance
According to the previous trading day, closing price of CEQP was $ 15.01, representing a 466.42 % increase from the 52 week low of $ 2.65 and a 62.48 % decrease over the 52 week high of $ 40.00.
The company has a market capital of $ 1.10 billion and is part of the Energy sector and Oil & Gas Midstream industry.
[stock_market_widget type=”chart” template=”basic” color=”orange” assets=”CEQP” range=”1y” interval=”1mo” axes=”true” cursor=”true” api=”yf” style=”height: 400px;”]
Conference Call
Crestwood Equity Partners LP will be hosting a conference call at 9:00 AM eastern time on 4th August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.crestwoodlp.com
Crestwood Equity Partners LP provides infrastructure solutions to liquids-rich natural gas and crude oil shale plays in the United States. It operates through three segments: Gathering and Processing (G&P); Storage and Transportation (S&T); and Marketing, Supply and Logistics (MS&L). The G&P segment offers gathering and transportation services for natural gas, crude oil, and produced water; and processing, treating, and compression services.
