Crestwood Equity Partners (CEQP) Misses Q1 EPS by 20c

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Go back to Crestwood Equity Partners (CEQP) Misses Q1 EPS by 20c

Crestwood Announces First Quarter 2019 Financial and Operating Results

April 30, 2019 7:00 AM EDT

First quarter 2019 results drive net income of $14.1 million, Adjusted EBITDA of $115.3 million, a 13% year-over-year increase, and Distributable Cash Flow of $68.3 million, a 28% year-over-year increase

Strong business fundamentals, execution and financial discipline generated coverage and leverage ratios of 1.6x and 4.1x, respectively

Crestwoods inaugural sustainability report, prepared in accordance with the Global Reporting Initiative, is on-track for June 2019 issuance

HOUSTON--(BUSINESS WIRE)-- Crestwood Equity Partners LP (NYSE: CEQP) (Crestwood) reported today its financial and operating results for the three months ended March 31, 2019.

First Quarter 2019... More