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Compare · CEQP vs ENLC

CEQP vs ENLC

Side-by-side comparison of Crestwood Equity Partners LP (CEQP) and EnLink Midstream LLC (ENLC): market cap, price performance, sector, and recent activity on the wire.

Summary

  • Both companies sit in the Utilities sector. CEQP focuses on Oil & Gas Production, while ENLC focuses on Natural Gas Distribution.
  • ENLC is the larger of the two at $2.46B, about 1.4x CEQP ($1.77B).
  • ENLC has more recent analyst coverage (24 ratings vs 19 for CEQP).
MetricCEQPENLC
Company
Crestwood Equity Partners LP
EnLink Midstream LLC
Price
$28.23+4.13%
$14.10-0.28%
Market cap
$1.77B
$2.46B
1M return
-
-
1Y return
-
-
Industry
Oil & Gas Production
Natural Gas Distribution
Exchange
NYSE
NYSE
IPO
News (4w)
0
0
Recent ratings
19
24
CEQP

Crestwood Equity Partners LP

Crestwood Equity Partners LP provides a range of 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, compression, and disposal services for natural gas. The S&T segment provides crude oil and natural gas storage and transportation services to producers, utilities, and other customers; and operates crude oil terminals in the Bakken and Powder River Basin, as well as natural gas storage and transportation assets in the Northeast and Texas Gulf Coast. The MS&L segment offers natural gas liquid (NGL), crude oil, and natural gas marketing and logistics services to producers, refiners, marketers, and other customers. The company owns and operates natural gas facilities with approximately 2.9 billion cubic feet of natural gas/day (Bcf/d) of gathering capacity and 1.2 Bcf/d of processing capacity; crude oil facilities with approximately 150,000 Bbls/d of gathering capacity and 266,000 Bbls of storage capacity; and produced water facilities with approximately 180,000 Bbls/d of gathering and disposal capacity. Crestwood Equity GP LLC serves as the general partner of Crestwood Equity Partners LP. The company was formerly known as Inergy L.P. and changed its name to Crestwood Equity Partners LP in October 2013. Crestwood Equity Partners LP was founded in 2001 and is headquartered in Houston, Texas.

ENLC

EnLink Midstream LLC

EnLink Midstream, LLC provides midstream energy services in the United States. It operates through Permian, North Texas, Oklahoma, Louisiana, and Corporate segments. The company is involved in gathering, compressing, treating, processing, transporting, storing, and selling natural gas; fractionating, transporting, storing, and selling natural gas liquids; and gathering, transporting, stabilizing, storing, trans-loading, and selling crude oil and condensate, as well as providing brine disposal services. Its midstream energy asset network includes approximately 11,900 miles of pipelines; 22 natural gas processing plants; 7 fractionators; barge and rail terminals; product storage facilities; brine disposal wells; and a crude oil trucking fleet. The company was incorporated in 2013 and is based in Dallas, Texas.

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