CEQP News and Press, Crestwood Equity Partners LP From 08/17/23

2023-08-17 09:00:00 ET Summary Energy Transfer has agreed to acquire Crestwood Equity Partners in a deal valued at $7.1 billion. This will be Energy Transfer's 16th acquisition since 2004 and its fourth since the pandemic. The deal expands Energy Transfer's assets and sets the...

2023-08-17 08:00:00 ET Summary Energy Transfer plans to acquire Crestwood Equity Partners in all-equity deal valued at $7.1 billion, including the assumption of debt and preferred securities. CEQP holders should enjoy better prospects for distribution growth from the combined comp...

2023-08-17 05:47:00 ET Energy Transfer 's (NYSE: ET) buying binge continues. The midstream behemoth is acquiring fellow master limited partnership (MLP) Crestwood Equity Partners (NYSE: CEQP) in an all-equity deal valued at $7.1 billion. That's its second acqui...

2023-08-17 05:10:44 ET Summary Energy Transfer is acquiring Crestwood Equity in an all-equity deal with no premium for CEQP unitholders. The deal will improve Energy Transfer's credit profile and result in cost synergies of $40 million. CEQP unitholders will have a defined inc...

2023-08-17 02:48:52 ET Summary Crestwood Equity announces acquisition by Energy Transfer at an enterprise value of $7.1 billion. The deal is an all-equity deal with an exchange ratio of 2.07x and no premium. This is a good deal for CEQP unitholders, who get to upgrade their as...

2023-08-16 08:15:40 ET More on Energy Transfer: Energy Transfer's Operations Shine, But Risks For Unitholders Remain Energy Transfer: Best In Class At A Discount Energy Transfer Stock: 3 Key Takeaways From Q2 Earnings For further details see: Energy Trans...

Unit-for-unit, credit neutral bolt-on acquisition Expected to be immediately accretive to DCF per unit upon closing Extends Energy Transfer’s position in the value chain deeper into the Williston and Delaware basins Provides entry into the Powder River basin Commercial syne...

2023-08-01 18:00:52 ET Summary Crestwood reported a small miss on EBITDA largely from one time items. Well connections continuing leading to growth in the back half of 2023 and into next year. The company is looking to address some preferred shares to lower the cost of capital...

2023-08-01 16:30:25 ET Image source: The Motley Fool. Crestwood Equity Partners (NYSE: CEQP) Q2 2023 Earnings Call Aug 01, 2023 , 9:00 a.m. ET Operator Continue reading For further details see: Crestwood Equity Partners (CEQP) Q2 2023 Ear...

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...