Crestwood Equity Partners

Crestwood Equity Partners LP engages in investment and management of energy midstream assets. It operates through the following segments: Gathering and Processing, Storage and Transportation, and Marketing, Supply, and Logistics. The Gathering and Processing segment provides gathering and transportation services, processing, treating, and compression services, and disposal services to producers in unconventional shale plays and tight-gas plays. The Storage and Transportation segment includes COLT Hub and equity investments in three joint ventures. The Marketing, Supply, and Logistics segment consists of natural gas liquids, crude oil, and natural gas marketing and logistics operations. The company was founded by Robert G. Phillips in October 2010 and is headquartered in Houston, TX.

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Crestwood Equity Partners overcomes setbacks, poised for growth in 2023

Crestwood Equity Partners navigated challenges in 2022 to set the stage for growth in 2023. Strong financial performance in Q4 and full-year increases signal resilience. Strategic focus on debt reduction, flat distribution, and free cash flow generation enhances stability and positions the company for future opportunities.

Crestwood Equity Partners excels in Q1 2023, poised for growth

Crestwood Equity Partners delivered strong Q1 2023 results, showcasing operational efficiency and financial prudence amidst market challenges and opportunities.
The company's strategic repositioning efforts have enhanced its competitive positioning, with a focus on growth projects, debt reduction, and value creation for stakeholders.
While facing challenges in a competitive pricing environment and operational optimization, Crestwood remains optimistic about the future, emphasizing execution and maximizing available capacity.
With a solid performance in key segments, strong financial metrics, and a focus on long-term sustainability, Crestwood is well-positioned for continued growth and value creation.

Crestwood Equity Partners reports mixed Q2 results, optimistic outlook

Crestwood Equity Partners had a mixed quarter with strong operational performance but challenges from lower commodity prices. The company remains optimistic about future outlook, expecting improved performance in the second half of the year and into 2024.

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Crestwood Equity Partners LP engages in investment and management of energy midstream assets. It operates through the following segments: Gathering and Processing, Storage and Transportation, and Marketing, Supply, and Logistics. The Gathering and Processing segment provides gathering and transportation services, processing, treating, and compression services, and disposal services to producers in unconventional shale plays and tight-gas plays. The Storage and Transportation segment includes COLT Hub and equity investments in three joint ventures. The Marketing, Supply, and Logistics segment consists of natural gas liquids, crude oil, and natural gas marketing and logistics operations. The company was founded in March 2001 and is headquartered in Houston, TX.

Boston-based advisory firm celebrates notable rise in prestigious national ranking Boston-based advisory firm celebrates notable rise in prestigious national ranking

Crestwood Advisors Recognized on Annual Forbes/Shook Top RIA List for Third Consecutive Year

Fast-growing New England advisory moves up to No. 81 in prestigious national ranking, highlighting continued excellence in financial advisory services Fast-growing New England advisory moves up to No. 81 in prestigious national ranking, highlighting continued excellence in financial advisory services

Crestwood Advisors Secures Coveted Spot on Barron's 2024 Top 100 RIA Firms List

Students to Have Unlimited Access to Text-based Mental Health App, Mitigating Heightened Academic and Social Stresses Students to Have Unlimited Access to Text-based Mental Health App, Mitigating Heightened Academic and Social Stresses

COUNSLR EXPANDS INTO IOWA, PARTNERING WITH CRESTWOOD HIGH SCHOOL TO INCREASE ACCESS TO MENTAL HEALTH SUPPORT SERVICES

Energy Transfer LP Unit

Energy Transfer LP's preferred shares, previously issued by Crestwood Equity Partners, have undergone changes as part of the merger. The changes include eliminating penalties for missed distributions and reducing the majority requirement for future changes to the preferred shares. We examine the valuation here and tell you why we are holding on despite a stellar performance from these.

Energy Transfer: A Look At The Undervalued Crestwood Preferred Shares

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Are Investors Undervaluing Crestwood Equity Partners (CEQP) Right Now?

DALLAS & HOUSTON--(BUSINESS WIRE)--Energy Transfer LP (NYSE: ET) (“Energy Transfer”) and Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood”) announced today the preliminary results of the elections made by holders of Crestwood's outstanding 9.250% Perpetual Preferred Units (the “Crestwood Preferred Units”) regarding the form of merger consideration to be received in connection with Energy Transfer's pending acquisition of Crestwood. As further described in the Agreement and Plan of Merger,.

Energy Transfer and Crestwood Announce Preliminary Election Results of Crestwood Preferred Unitholders

HOUSTON--(BUSINESS WIRE)--Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood”) today announced that, at its special meeting of unitholders (the “Special Meeting”), Crestwood unitholders approved the previously announced transaction (the “Transaction”) with Energy Transfer LP (“Energy Transfer”). The Transaction is expected to close on November 3, 2023. ”On behalf of Crestwood, I would like to thank our unitholders for their strong support in approving the Transaction with Energy Transfer. We.

Crestwood Unitholders Approve Energy Transfer Transaction

HOUSTON--(BUSINESS WIRE)--Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood”) today announced the receipt of consents from holders of record of its outstanding 9.250% Perpetual Preferred Units (the “Preferred Units”) (CUSIP/ISIN: 226344307 / US2263443077) as of September 22, 2023 (collectively, the “Preferred Holders”) necessary to approve the proposed amendment (the “Proposed Amendment”) to Crestwood's Sixth Amended and Restated Agreement of Limited Partnership, dated August 20, 2021, in c.

Crestwood Announces Receipt of Requisite Consents With Respect to its Previously Announced Consent Solicitation

HOUSTON--(BUSINESS WIRE)--Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood”) today announced that leading independent proxy advisory firm Glass Lewis & Co. (“Glass Lewis”) recommends that unitholders vote “FOR” the pending transaction (the “Transaction”) with Energy Transfer LP (NYSE: ET) (“Energy Transfer”) ahead of the special meeting of unitholders scheduled to be held on October 30, 2023. In its report dated October 20, 2023, Glass Lewis stated1: “We believe the terms of the merger.

Leading Independent Proxy Advisory Firm Glass Lewis Recommends Crestwood Unitholders Vote “FOR” the Transaction with Energy Transfer

DALLAS & HOUSTON--(BUSINESS WIRE)--Energy Transfer LP (NYSE: ET) (“Energy Transfer”) and Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood”) announced today that, in connection with Energy Transfer's pending acquisition of Crestwood, the deadline for holders of Crestwood's outstanding 9.250% Perpetual Preferred Units (the “Crestwood Preferred Units” and such holders, the “Crestwood Preferred Unitholders”) to elect the form of merger consideration they wish to receive in the transaction has.

Energy Transfer and Crestwood Announce Election Deadline for Crestwood Preferred Unitholders to Elect Form of Merger Consideration

HOUSTON--(BUSINESS WIRE)--Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood”) today announced the extension of its previously announced solicitation of consents (the “Consent Solicitation”) from holders of record of its outstanding 9.250% Perpetual Preferred Units (the “Preferred Units”) (CUSIP/ISIN: 226344307 / US2263443077) as of September 22, 2023 (collectively, the “Preferred Holders”) to approve the proposed amendment (the “Proposed Amendment”) to Crestwood's Sixth Amended and Restated.

Crestwood Announces Extension of its Previously Announced Consent Solicitation

HOUSTON--(BUSINESS WIRE)--Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood”) today announced that leading independent proxy advisory firm Institutional Shareholder Services (“ISS”) recommends that unitholders vote “FOR” the pending transaction (the “Transaction”) with Energy Transfer LP (NYSE: ET) (“Energy Transfer”) at the special meeting of unitholders scheduled to be held on October 30, 2023.

Leading Independent Proxy Advisory Firm ISS Recommends Crestwood Unitholders Vote “FOR” the Transaction with Energy Transfer

Is Crestwood Equity Partners (CEQP) Stock Undervalued Right Now?

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Why Crestwood Equity Partners LP (CEQP) is a Top Momentum Stock for the Long-Term

HOUSTON--(BUSINESS WIRE)--Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood”) announced today that the board of directors of its general partner (the “Board”) declared a quarterly cash distribution of $0.655 per common unit ($2.620 annually) for the quarter ended September 30, 2023, which is unchanged quarter-over-quarter. In addition, Crestwood announced a quarterly cash distribution of $0.2111 per preferred unit ($0.8444 annually). Both common and preferred distributions will be made on O.

Crestwood Announces Quarterly and Special Distributions

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Crestwood Equity Partners LP (NYSE: CEQP) to Energy Transfer LP (NYSE: ET). Under the terms of the proposed transaction, common unitholders of Crestwood will receive 2.07 Energy Transfer common units for each Crestwood common unit that they own. KSF is seeking to determine whether this consideration and the pr.

CRESTWOOD EQUITY INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Crestwood Equity Partners LP - CEQP

Crestwood (CEQP) is steadfast in its commitment to allocating all free cash flow following distributions to reduce debt throughout 2023.

Here's Why Hold Strategy is Apt for Crestwood (CEQP) Stock Now

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Here's Why Crestwood Equity Partners LP (CEQP) is a Strong Growth Stock

Crestwood is seeking consent to remove certain features from the preferreds. The feature with the most value is a penalty rate for suspended preferred dividends but the scenario where this feature has value is even less likely than bankruptcy. In return for consent, the company is offering an 18-cent cash fee and a put option worth 28 cents.

Crestwood Preferreds Consent Compensation Provides More Than Fair Value

HOUSTON--(BUSINESS WIRE)--Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood”) today announced the filing of a definitive proxy statement with the U.S. Securities and Exchange Commission (the “SEC”) in connection with Energy Transfer LP's (NYSE: ET) (“Energy Transfer”) pending acquisition of Crestwood. Crestwood also launched a website, www.votecrestwood.com, which provides details on how common and preferred unitholders can attend and submit votes for the special meeting. The special meetin.

Crestwood Announces Filing of Definitive Proxy Statement in Connection with Pending Energy Transfer Transaction

Energy Transfer LP is offering consent solicitation to Crestwood Equity Partners LP preferred unit holders as part of its acquisition. The requested changes to the preferred units are relatively minor and some are even beneficial for holders. The consent fee is small but acceptable given the changes.

Crestwood Preferreds: Consent Terms Are Reasonable

HOUSTON--(BUSINESS WIRE)--Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood”) today announced the commencement of a solicitation of consents (the “Consent Solicitation”) from holders of its outstanding 9.250% Perpetual Preferred Units (the “Preferred Units”) (CUSIP/ISIN: 226344307 / US2263443077). The Consent Solicitation is being made in accordance with the terms and subject to the conditions set forth in Crestwood's Consent Solicitation Statement dated September 27, 2023 (the “Statement”).

Crestwood Announces Commencement of Consent Solicitation

DALLAS & HOUSTON--(BUSINESS WIRE)--Energy Transfer LP (NYSE: ET) (“Energy Transfer”) and Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood”) announced today the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the “HSR Act”), in connection with Energy Transfer's pending acquisition of Crestwood. The expiration of the waiting period under the HSR Act satisfies one of the conditions to the closing of the previously announced acquisit.

Energy Transfer and Crestwood Announce Expiration of Hart-Scott-Rodino Act Waiting Period

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Why Crestwood Equity Partners LP (CEQP) is a Top Growth Stock for the Long-Term

Enbridge

Enterprise Products Partners

The article discusses the simplicity and carefree nature of a one-year-old's life compared to the complexities of adulthood. The rising costs of life, particularly in the energy sector, are highlighted as a challenge for individuals. Three energy companies are recommended - Enterprise Products Partners, Energy Transfer, and Enbridge - as potential investments for dual profit potential and reliable dividends.

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