Crestwood Equity Partners (CEQP) Reports Q1 Loss Per Share of $0.86

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Go back to Crestwood Equity Partners (CEQP) Reports Q1 Loss Per Share of $0.86

Crestwood Announces First Quarter 2021 Financial and Operating Results

April 27, 2021 7:00 AM EDT

Strong first quarter performance delivers record Adjusted EBITDA and distributable cash flow, up 9% and 15% respectively, over first quarter 2020 generating significant positive free cash flow

Quarterly results highlighted by increased commodity prices and operational reliability in the face of extreme winter weather providing producer customers with strong flow assurance and improved net-backs

Executed a series of transactions that enabled First Reserve to exit its ten-year investment in Crestwood and allows for the transition to a publicly elected Board of Directors, further enhancing corporate governance

HOUSTON--(BUSINESS... More