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Cypress Energy Partners (CELP) Tops Q3 EPS by 10c

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Cypress Energy Partners, L.P. Announces Third Quarter Results

November 9, 2016 6:00 AM EST

TULSA, Okla.--(BUSINESS WIRE)-- Cypress Energy Partners, L.P. (NYSE:CELP) today reported:

Cash Distribution of $4.8 million to Unit Holders maintained at $0.406413 per unit, approximately 5% above the target minimum quarterly distribution of $0.3875 per unit. Our GP and sponsor continued temporary financial support with relief of the quarterly $1.0 million administrative fee paid pursuant to our omnibus agreement consistent with... More