Crestwood Equity Partners LP (CEQP) was a big mover last session, as the company saw its shares rise nearly 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company as the stock is now down 22.65% in the past one-month time frame.
None of the estimates for this oil and gas pipelines stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Crestwood Equity Partners has a Zacks Rank #2 (Buy), while its Earnings ESP is 0.00%.
Investors interested in the sector may also consider stocks like Delek Logistics Partners, LP (DKL), Enbridge Energy Management LLC (EEQ) and EnLink Midstream Partners, LP (ENLK). All these stocks sport a Zacks Rank #1 (Strong Buy).
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