Cypress Energy Partners (CELP) Posts Q4 GAAP Loss of $2.51/Share

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Go back to Cypress Energy Partners (CELP) Posts Q4 GAAP Loss of $2.51/Share

Cypress Energy Partners, L.P. Announces Fourth Quarter Results and Filing of Form 10-K

March 30, 2015 2:00 AM EDT

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

Cash Distribution to Unit Holders Maintained at Q3 2014 rate

Peter C. Boylan III, CELP's chairman, president and chief executive officer stated, "We were pleased to announce our fourth quarter 2014 operating performance and that we maintained our distribution rate of $.0406413 per unit consistent with our third quarter distribution per unit despite the significant drop in commodity prices in the fourth quarter. With the previously announced drop down of the remaining interest in TIR, we... More