$CEQP 9.6% Small-Cap Stocks with Big Dividends:
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Posted On: 05/05/2017 2:36:38 PM
$CEQP 9.6% Small-Cap Stocks with Big Dividends: Crestwood Equity Partners (CEQP)
Dividend Yield: 9.6%
Crestwood Equity Partners LP (NYSE:CEQP) is a master limited partnership that owns and operates some prime midstream oil-and-natural-gas assets in the Bakken, Marcellus Shale, Delaware Permian Basin and others. Like Aircastle Limited, Crestwood has benefited greatly from improving oil prices — its sales were up more than 26% in the fourth quarter, its first year-year-over revenue growth in exactly two years.
The big quarter helped further extend the monster rally in CEQP stock, which is up 156% in the last year and has more than tripled since bottoming at $8 last May (it’s now up to $25).
Add in a whopping 9.6% dividend yield, and there’s a lot to like about Crestwood Equity.
Dividend Yield: 9.6%
Crestwood Equity Partners LP (NYSE:CEQP) is a master limited partnership that owns and operates some prime midstream oil-and-natural-gas assets in the Bakken, Marcellus Shale, Delaware Permian Basin and others. Like Aircastle Limited, Crestwood has benefited greatly from improving oil prices — its sales were up more than 26% in the fourth quarter, its first year-year-over revenue growth in exactly two years.
The big quarter helped further extend the monster rally in CEQP stock, which is up 156% in the last year and has more than tripled since bottoming at $8 last May (it’s now up to $25).
Add in a whopping 9.6% dividend yield, and there’s a lot to like about Crestwood Equity.
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