Crestwood Midstream Announces First Quarter 2015 Financial and Operating Results

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Crestwood Equity Partners (CEQP), Crestwood Midstream (CMLP) Enter Merger Agreement

May 6, 2015 7:19 AM EDT

Crestwood Equity Partners (NYSE: CEQP) and Crestwood Midstream Partners LP (NYSE: CMLP) announced the signing of a definitive agreement to merge the two partnerships and simplify Crestwoods corporate structure into a single publicly-traded partnership with a consolidated enterprise value of approximately $7.5 billion.

Under the terms of the merger agreement, which has been unanimously approved by the boards of directors of Crestwood Equity and Crestwood Midstream, based on the unanimous approval and recommendation of their respective conflicts committees, which each consisted entirely of independent directors, Crestwood... More

Crestwood Equity Partners (CEQP) Misses Q1 EPS by 5c

May 6, 2015 7:18 AM EDT

Crestwood Equity Partners (NYSE: CEQP) reported Q1 EPS of $0.04, $0.05 worse than the analyst estimate of $0.09. Revenue for the quarter came in at $731.5 million versus the consensus estimate of $1 billion.

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

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Crestwood Midstream Partners (CMLP) Tops Q1 EPS by 4c

May 6, 2015 7:17 AM EDT

Crestwood Midstream Partners (NYSE: CMLP) reported Q1 EPS of $0.00, $0.04 better than the analyst estimate of ($0.04). Revenue for the quarter came in at $455.1 million versus the consensus estimate of $651.46 million.

For earnings history and earnings-related data on Crestwood Midstream Partners (CMLP) click here.

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