Cypress Energy Partners (CELP) Tops Q1 EPS by 2c

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

May 14, 2015 4:01 PM EDT

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

Cash Distribution to Unit Holders Maintained at Q4 2014 rate at $4.8 million or $0.406413 per unit Net Income Attributable to Limited Partners Increased 29% to $2.7 million from $2.1 million for the period ending March 31, 2014 Completed two accretive acquisitions in 2015 which should enhance distribution flexibility

Peter C. Boylan III, CELP's Chairman, President and Chief Executive Officer, stated, "We were pleased to announce our first quarter 2015 operating performance despite the decline in commodity prices and... More