Crestwood Equity Partners (CEQP) Tops Q4 Revenue Estimates

Crestwood Equity Partners (NYSE: CEQP) reported Q4 revenue for the quarter came in at $1.25 billion versus the consensus estimate of $943.19 million.

• Solid execution in 2017 delivers full-year results at top-end of increased guidance ranges
• Bakken, Delaware Basin and Powder River Basin G&P expansion projects and producer activity drive meaningful cash flow growth in 2018
• 2018 Adjusted EBITDA range of $390 million to $420 million; implies 10% mid-point year-over-year growth1
• Growth capital of $250 million to $300 million fully funded with excess cash flow, revolver borrowings and joint venture capital

For earnings history and earnings-related data on Crestwood Equity Partners (CEQP) click here.

You May Also Be Interested In

• Tesla plans 'flying' Roadster stunt at SpaceX Texas site as early as August
• Reading (RDI) Tops Q2 EPS by 4c
• Boost Run, Inc. (BRUN) Reports Q2 Revenue of $31.1M