Cypress Energy Partners (CELP) Misses Q2 EPS Expectations

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Go back to Cypress Energy Partners (CELP) Misses Q2 EPS Expectations

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

August 11, 2016 6:25 PM 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 target minimum quarterly distribution of $0.3875 per unit. Our GP and sponsor continued temporary financial support with relief of the quarterly $1.0 million administrative fee paid pursuant to our omnibus agreement consistent with first quarter of 2016, as well as... More