Crestwood Equity Partners (CEQP) Misses Q3 EPS by 3c

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Go back to Crestwood Equity Partners (CEQP) Misses Q3 EPS by 3c

Crestwood Announces Third Quarter 2019 Financial and Operating Results

October 29, 2019 7:00 AM EDT

Strong execution in the G&P and MS&L segments drives net income of $33.6 million and Adjusted EBITDA of $140.9 million, a 39% year-over-year increase

Bakken Bear Den II processing plant commenced service in third quarter driving record volumes on the Arrow system and an increased well connect forecast to 120 new wells for full-year 2019

Year-to-date 2019 results exceed expectations; Upwardly revising 2019E Adjusted EBITDA guidance range to $520 million to $535 million

HOUSTON--(BUSINESS WIRE)-- Crestwood Equity Partners LP (NYSE: CEQP) (Crestwood) reported today its... More