5 Energy Stocks with Over 3% Dividend Yield

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1. Crestwood Equity Partners LP (NYSE:CEQP)

Dividend Yield: 9.66% (As of May 11)

Crestwood Equity Partners LP (NYSE:CEQP) owns, maintains and operates midstream assets that are located primarily in the Williston Basin, Powder River Basin and Barnett Shale.  The company is primarily focused in the gathering, treating and processing of natural gas. Other than that, it stores, transports and markets natural gas liquids and crude oil.

Two of the most prominent holders in the company in the last quarter of 2021 were Springbok Capital and Citadel Investment Group with the former’s equity in the company amounting to $4.7 million and the latter’s to $2.8 million after a 660% increase in Citadel Investment Group’s holdings in the Crestwood Equity Partners LP.

CEQP’s coverage was assumed with a ‘Buy’ rating with a price target of $36 on May 2 by Truist analyst Neal Dingmann.

You can also take a peek at 5 Best Clean Energy Stocks to Buy Today and 5 Dividend Stocks With Over 5% Yield

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