CEQP News and Press, Crestwood Equity Partners LP From 05/11/23

2023-05-11 08:38:00 ET A high dividend yield is often a warning sign. It can signify that the payout is at a higher risk of a reduction. However, that's not always the case. Many pipeline companies offer investors high-yielding payouts that are on very firm foundations. That makes...

2023-05-10 11:53:05 ET Summary Investors should be aware that distribution coverage is a non-GAAP metric and reported values often do not tell the whole story. There is no standard definition for distributable cash flow, but a general and somewhat rigorous definition is: DCF = cas...

2023-05-10 08:00:00 ET Summary A constructive midstream earnings season was unfortunately easily lost amid last week’s macro headlines and a challenging energy tape. Most midstream MLPs and corporations reported better-than-expected results with constructive outlooks and a ...

2023-05-03 06:50:13 ET Summary Crestwood beat EBITDA expectations and exited the quarter at a good velocity. Drilling activity continues across the company's three main geographies. Lots of opportunities to fill excess capacity with current drilling activity and fill in capaci...

2023-05-02 14:00:33 ET Image source: The Motley Fool. Crestwood Equity Partners (NYSE: CEQP) Q1 2023 Earnings Call May 02, 2023 , 9:00 a.m. ET Operator Continue reading For further details see: Crestwood Equity Partners (CEQP) Q1 2023 Ear...

2023-05-02 11:42:05 ET Crestwood Equity Partners LP (CEQP) Q1 2023 Earnings Conference Call May 02, 2023, 09:00 AM ET Company Participants Bob Phillips - Founder, Chairman and Chief Executive Officer Robert Halpin - President Johnny Black - Executive Vice Preside...

2023-05-02 07:09:06 ET Crestwood Equity press release ( NYSE: CEQP ): Q1 GAAP EPS of $0.15 beats by $0.05 . Revenue of $1.26B (-20.3% Y/Y) misses by $40M . CEO comment: "With a G&P portfolio concentrated in oil-weighted basins and robust drilling activity i...

Generated first quarter 2023 net income of $41.6 million and Adjusted EBITDA 1 of $192.6 million, an 11% increase year-over-year, driven by expanded operations in the Williston and Delaware Basins Reaffirming full-year 2023 guidance range; current producer activity supports anticipate...

2023-05-01 14:42:20 ET Crestwood Equity ( NYSE: CEQP ) is scheduled to announce Q1 earnings results on Tuesday, May 2nd, before market open. The consensus EPS Estimate is $0.22 and the consensus Revenue Estimate is $1.3B. Over the last 1 year, CEQP has beaten EPS est...

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...