Crestwood Equity Partners (CEQP) Posts Q3 Loss of $1.18/Share

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Go back to Crestwood Equity Partners (CEQP) Posts Q3 Loss of $1.18/Share

Crestwood Announces Third Quarter 2015 Financial and Operating Results

November 3, 2015 7:01 AM EST

HOUSTON--(BUSINESS WIRE)-- Crestwood Equity Partners LP (NYSE: CEQP) (Crestwood Equity or Crestwood) reported today its financial and operating results for the three months ended September 30, 2015.

Third Quarter 2015 Highlights1

Third quarter 2015 adjusted EBITDA of $133.5 million, a 4% increase over $128.9 million in the third quarter 2014; First nine months 2015 adjusted EBITDA of $408.5 million, a 12% increase over $363.2 million in the first nine months 2014 Net loss of $623.4 million, compared to net income of $11.9 million in the third quarter 2014. Net loss for the third quarter 2015 includes non-cash charges for goodwill impairments of... More