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Crestwood Midstream Partners (NYSE:CMLP) Director John J. Sherman unloaded 3,545 shares of the company’s stock on the open market in a transaction dated Tuesday, May 27th. The shares were sold at an average price of $22.00, for a total transaction of $77,990.00. Following the transaction, the director now directly owns 108,015 shares in the company, valued at approximately $2,376,330. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Shares of Crestwood Midstream Partners (NYSE:CMLP) traded down 1.06% on Wednesday, hitting $21.41. The stock had a trading volume of 477,608 shares. Crestwood Midstream Partners has a 1-year low of $20.40 and a 1-year high of $25.60. The stock has a 50-day moving average of $22.56 and a 200-day moving average of $22.72. The company’s market cap is $4.025 billion.

Crestwood Midstream Partners (NYSE:CMLP) last issued its quarterly earnings data on Tuesday, May 6th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.08 by $0.11. The company had revenue of $537.00 million for the quarter, compared to the consensus estimate of $444.10 million. On average, analysts predict that Crestwood Midstream Partners will post $0.40 earnings per share for the current fiscal year.

A number of research firms have recently commented on CMLP. Analysts at Barclays reiterated an “equal weight” rating on shares of Crestwood Midstream Partners in a research note on Monday, May 12th. They now have a $13.00 price target on the stock, down previously from $14.00. Separately, analysts at Zacks upgraded shares of Crestwood Midstream Partners from an “underperform” rating to a “neutral” rating in a research note on Wednesday, March 26th. They now have a $22.70 price target on the stock. Finally, analysts at RBC Capital cut their price target on shares of Crestwood Midstream Partners from $26.00 to $24.00 in a research note on Wednesday, March 26th. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $22.68.

Crestwood Midstream Partners LP is a master limited partnership. The Company owns and operates midstream businesses in multiple unconventional shale resource plays across the United States.

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