Cypress Energy Partners (CELP) Misses Q1 EPS by 18c

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Cypress Energy Partners, L.P. Announces First Quarter Results

May 16, 2016 6:00 AM EDT

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

Cash Distribution of $4.8 million to Unit Holders maintained at $0.406413 per unit: approximately 5% above the MQD of $0.3875 per unit. Temporary sponsor support with relief of the quarterly $1.0 million administrative fee paid pursuant to our omnibus agreement. Completion of approximately $5 million in annual cost... More