CEQP News and Press, Crestwood Equity Partners LP From 10/30/23

Transaction Expected to Close on November 3, 2023 Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood”) today announced that, at its special meeting of unitholders (the “Special Meeting”), Crestwood unitholders approved the previously announced transaction ...

Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood”) today announced the receipt of consents from holders of record of its outstanding 9.250% Perpetual Preferred Units (the “Preferred Units”) (CUSIP/ISIN: 226344307 / US2263443077) as of September 22, 2023 (collectiv...

Follows recommendation from Institutional Shareholder Services (“ISS”) that unitholders vote “FOR” the transaction Crestwood’s board of directors of its general partner (the “Board”) unanimously recommends unitholders vote “FORȁ...

Energy Transfer LP (NYSE: ET) (“Energy Transfer”) and Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood”) announced today that, in connection with Energy Transfer’s pending acquisition of Crestwood, the deadline for holders of Crestwood’s outstanding ...

2023-10-20 18:25:57 ET Summary Energy Transfer LP has seen a strong performance in the market, outperforming the S&P 500 Index since early August. The company's cash flows are stable and not impacted by energy prices due to its long-term volume-based contracts. Energy Tran...

Crestwood’s board of directors of its general partner (the “Board”) unanimously recommend unitholders vote “FOR” each of the proposals at the upcoming special meeting Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood”) today announced...

Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood”) today announced the extension of its previously announced solicitation of consents (the “Consent Solicitation”) from holders of record of its outstanding 9.250% Perpetual Preferred Units (the “Preferred Uni...

Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood”) announced today that the board of directors of its general partner (the “Board”) declared a quarterly cash distribution of $0.655 per common unit ($2.620 annually) for the quarter ended September 30, 2023, which i...

2023-10-03 07:00:00 ET Summary Crestwood is seeking consent to remove certain features from the preferreds. The feature with the most value is a penalty rate for suspended preferred dividends but the scenario where this feature has value is even less likely than bankruptcy. In...

2023-10-01 07:45:50 ET Summary Crestwood Equity Partners announced a merger with Energy Transfer in a $7.1B all-stock deal in August, resulting in CEQP's units appreciating rapidly. The deal is expected to be accretive to the distribution for CEQP unitholders and offers Energy Tra...