CEQP News and Press, Crestwood Equity Partners LP From 05/01/23

2023-05-01 14:29:31 ET Summary The Fed is likely to raise rates 25 basis points this coming week. Inflation is slowing but not enough for the Fed to even consider rate cuts. The equity market seems to expect this raise to be the last one. If it's not, it could be a bumpy summe...

2023-05-01 10:36:57 ET Summary EnLink Midstream, LLC is a rather unknown and underfollowed midstream company with significant forward growth potential. The company enjoys remarkably stable cash flows that are resistant to economic fluctuations and tend to grow with time. The c...

Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood” or the “Company”) announced today that Steven Dougherty, Executive Vice President and Chief Accounting Officer, will be leaving the Company to pursue other opportunities. Mr. Dougherty will continue to serve in his...

Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood”) announced today that the board of directors of its general partner declared a quarterly cash distribution of $0.655 per limited partner unit ($2.620 annually) for the quarter ended March 31, 2023, which is flat quarter-over-qua...

2023-04-12 13:30:38 ET Summary Energy Transfer LP is one of the largest and most well-diversified midstream partnerships in the United States. The company derives a significant portion of its cash flows from natural gas, which positions it well for forward growth. The demand f...

2023-04-11 14:57:00 ET Summary Distribution coverage measures the affordability of an MLP’s distribution by comparing distributable cash flow (DCF) to the MLP’s total payout. The focus on distribution coverage has diminished somewhat as other factors have allowed for...

2023-04-08 06:26:00 ET Oil and gas prices are down sharply from their peaks, even after the recent Saudi-driven boost . Because of that, many energy stocks have lost altitude. That's driven their already high dividend yields even higher. Three energy stocks currently o...

2023-03-30 05:00:15 ET Summary Preferred MLP units offer consistent dividends and enhanced bankruptcy protections. The MLP preferred units evaluated pay distributions with forward yields ranging from 6.3% to 12.2%. Thirteen MLP Preferred Units were evaluated using a quality ma...

2023-03-28 00:56:21 ET Summary Over the last five years, CEQP.P total return has been dismal, underperforming S&P 500 by 11% and even the common shares, CEQP, by 9%. Since June 2020,  Crestwood Equity Partners LP reported total losses of $3.39 per weighted share while pay...

2023-03-26 11:30:31 ET Seeking Alpha contributor CashFlow Hunter correctly predicted big problems for Silicon Valley Bank parent SVB Financial Group ( SIVB ) three months before the firm collapsed. Now he recommends looking for bargains in energy MLPs and shares of Charles Schwa...