CEQP News and Press, Crestwood Equity Partners LP From 08/01/23

2023-08-01 14:04:06 ET Crestwood Equity Partners LP (CEQP) Q2 2023 Earnings Conference Call August 1, 2023 9:00 am ET Corporate Participants Bob Phillips - Founder, Chairman and Chief Executive Officer Robert Halpin - President Johnny Black - Executive Vice Presi...

2023-08-01 06:01:34 ET Crestwood Equity press release ( NYSE: CEQP ): Q2 GAAP EPS of $1.16 beats by $0.33 . Revenue of $1.02B (-29.7% Y/Y) misses by $140M . Expect full-year 2023E Adjusted EBITDA within the $780 million to $860 million guidance range, but likel...

Generated second quarter 2023 net income of $152 million and Adjusted EBITDA 1 of $176 million Placed into service the three-product gathering system in the City of Williston and Painted Woods areas of the Williston Basin; initial well results exceeding expectations Achieved r...

2023-07-28 07:05:00 ET Master limited partnerships (MLPs) have fallen out of favor with investors over the years because of their tax complexities. Instead of sending a 1099-DIV for tax purposes, MLPs send their investors a Schedule K-1, which typically arrives late in the tax filing seas...

2023-07-28 07:00:00 ET Summary Acquiring assets below cost is aiding the decline of the capital budget. Increasing EBITDA and decreasing capital needs are making a big difference in free cash flow. Dividend coverage has increased to very comfortable from "market worrying". ...

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 June 30, 2023, which is unchanged quarter-over...

Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood”) announced today that its 2022 Schedule K-3 reflecting items of international tax relevance is now available online. Crestwood unitholders requiring this information may access their Schedule K-3 at www.taxpackagesupport.com/C...

2023-07-08 10:49:00 ET Master limited partnerships (MLPs) can be phenomenal passive-income investments. They typically generate stable cash flow, most of which they distribute to their investors. Because of that, they often offer very high dividend yields . Crestwood...

2023-07-03 14:26:22 ET Summary Midstream companies are excellent assets for income investors due to their high yields and stable cash flows backed by long-term contracts. ClearBridge MLP and Midstream TR Fund Inc. is a closed-end fund that invests in a portfolio of these companies...

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...