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Crestwood Equity Partners LP (Crestwood Equity Partners LP) Momentum Rank : 10 (As of May. 04, 2024)


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What is Crestwood Equity Partners LP Momentum Rank?

Crestwood Equity Partners LP has the Momentum Rank of 10.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.


Competitive Comparison of Crestwood Equity Partners LP's Momentum Rank

For the Oil & Gas Midstream subindustry, Crestwood Equity Partners LP's Momentum Rank, along with its competitors' market caps and Momentum Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Crestwood Equity Partners LP's Momentum Rank Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Crestwood Equity Partners LP's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Crestwood Equity Partners LP's Momentum Rank falls into.



Crestwood Equity Partners LP Momentum Rank Related Terms

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Crestwood Equity Partners LP (Crestwood Equity Partners LP) Business Description

Traded in Other Exchanges
N/A
Address
811 Main Street, Suite 3400, Houston, TX, USA, 77002
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 North, Gathering, and Processing South, and Storage and Logistics. The company serves various producers in unconventional shale plays located across the United States. It generates maximum revenue from the Gathering and Processing North division.
Executives
Clay C Williams director
Jeffrey M Cathey officer: SVP, Controller 2440 PERSHING ROAD, SUITE 600, KANSAS CITY MO 64108
Black John William Iii officer: EVP, Chief Financial Officer 811 MAIN STREET, SUITE 3400, HOUSTON TX 77002
Diaco Aviki officer: EVP, Chief Operating Officer 811 MAIN STREET, SUITE 3400, HOUSTON TX 77002
Frances M Vallejo director 1700 LINCOLN STREET, SUITE 3700, DENVER CO 80203
David Lumpkins director 600 TRAVIS STREET, SUITE 3250, HOUSTON TX 77002
William H. Moore officer: EVP - Corporate Strategy TWO BRUSH CREEK BOULEVARD, SUITE 200, KANSAS CITY MO 64112
Halpin Robert Thornbury Iii officer: President CRESTWOOD MIDSTREAM PARTNERS LP, 717 TEXAS AVENUE, STE 3150, HOUSTON TX 77002
Joel Christian Lambert officer: EVP, Legal, Safety Compliance 600 TRAVIS STREET, SUITE 6000, HOUSTON TX 77002
Robert G Phillips director, officer: Founder, Chairman & CEO 2727 NORTH LOOP WEST, HOUSTON TX 77008
Janeen S Judah director 10713 WEST SAM HOUSTON PARKWAY N, SUITE 800, HOUSTON TX 77064
Angela A Minas director 3262 WESTHEIMER ROAD #627, HOUSTON TX 77098
Warren H Gfeller director
Oasis Petroleum Inc. 10 percent owner 1001 FANNIN STREET, SUITE 1500, HOUSTON TX 77002
Gary Duane Reaves director ONE LAFAYETTE PLACE, THIRD FLOOR, GREENWICH CT 06830