CEQP News and Press, Crestwood Equity Partners LP From 06/17/23

2023-06-17 07:48:00 ET Higher interest rates are making it much easier to find passive income investments. For example, many bonds and bank CDs currently offer yields of around 5%. However, those attractive passive income streams might not last very long if interest rates fall. On...

2023-06-16 09:15:00 ET Summary The Crestwood Equity Partners LP preferred shares yield 9.24% and have stronger investor protections than most preferreds. Adjusted EBITDA rose 11%, and net income surged 87% in Q1 2023. Management expects even higher Free Cash Flow in the 2nd ha...

2023-06-07 18:27:24 ET Goldman Sachs Asset Management (GSAM) on Wednesday said it was liquidating the Goldman Sachs MLP and Energy Renaissance Fund ( NYSE: GER ). GER's board of trustees, at GSAM's recommendation, approved a plan of liquidation and dissolution for the fund. ...

2023-06-07 11:21:48 ET Summary Crestwood Equity Partners is a well-run midstream firm with stable and predictable cash flows, focusing on natural gas and crude oil gathering capabilities. The company issued a strong guidance for FY 2023, with adjusted EBITDA growth of up to 13% an...

Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood”) announced today the publication of its 2022 sustainability report, furthering its commitment to lead the MLP midstream industry in sustainability. The report titled "Responsible Growth. Authentic Advancement." highlights the ye...

2023-06-02 16:00:37 ET Summary Crestwood remains on track, despite some Bakken volume issues, due to harsh winter weather. The company has transformed itself over the years, and is now focused on its core positions in the Bakken and Permian. With an over 10% yield, the stock l...

2023-06-02 03:37:23 ET Summary Rose's Income Garden (RIG) Portfolio maintains a steady yield of around 4.8% with value down 2.04% YTD excluding dividends to end May. May dividend income rose YoY 5.7%, with 19 out of 78 companies in RIG providing payments. Transactions included...

2023-05-17 13:03:01 ET Summary Midstream partnerships have long been an excellent investment vehicle for anyone seeking income due to their high yields and general stability. ClearBridge Energy Midstream Opportunity Fund invests in a portfolio of these companies that includes most...

2023-05-17 07:35:00 ET Summary Natural gas has been an unexpected beneficiary of the green revolution. This should result in a boom in demand for Natural Gas as a multi-year trend. Every portfolio should have exposure to this growing trend. We look at 2 ways to invest in N...

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...