Crestwood Equity Partners (CEQP) Misses Q4 EPS Views

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Go back to Crestwood Equity Partners (CEQP) Misses Q4 EPS Views

Crestwood Announces Fourth Quarter and Year-End 2015 Financial and Operating Results and 2016 Outlook

February 23, 2016 7:00 AM EST

HOUSTON--(BUSINESS WIRE)-- Crestwood Equity Partners LP (NYSE: CEQP) (Crestwood Equity or Crestwood) reported today its financial and operating results for the full-year and three months ended December 31, 2015 and provided 2016 outlook.

Full-year and Fourth Quarter 2015 Highlights1

Full-year 2015 Adjusted EBITDA of $527.4 million, compared to $495.9 million in fiscal 2014; Fourth quarter 2015 Adjusted EBITDA of $118.9 million, compared to $132.7 million in the fourth quarter 2014 Full-year 2015 net loss of $2.3 billion, compared to a net loss of $10.4 million in fiscal 2014. Net loss for the full-year 2015 and fourth quarter 2015 includes non-cash charges for impairments... More