Notizie e Video - CRESTWOOD EQUITY PARTNERS LP

ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Crestwood Equity Partners LP PR Newswire NEW YORK, Aug. 16, 2023 NEW YORK , Aug. 16, 2023 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Crestwood Equity Partners LP (NYSE: CEQP) and its board of directors concerning the proposed acquisition of the company by Energy Transfer LP (NYSE: ET). Unitholders will receive 2.07 Energy Transfer common units for each common unit of Crestwood Equity...

Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Crestwood Equity Partners LP (NYSE: CEQP) to Energy Transfer LP for 2.07 Energy Transfer common units for each Crestwood common unit is fair to Crestwood shareholders. Upon closing, Crestwood common unitholders are expected to own approximately 6.5% of Energy Transfer’s outstanding common units. Halper Sadeh encourages Crestwood shareholders to click here to learn more about their legal rights and options or...

Energy Transfer LP (NYSE: ET) (“Energy Transfer”) and Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood”) announced today that the parties have entered into a definitive merger agreement pursuant to which Energy Transfer will acquire Crestwood in an all-equity transaction valued at approximately $7.1 billion, including the assumption of $3.3 billion of debt, based on the closing price on August 15, 2023. This press release features multimedia. View the full release here:...

Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood” or “Company”) reported today its financial and operating results for the three months ended June 30, 2023. Second Quarter 2023 Financial Highlights 1 Second quarter 2023 net income of $152 million, compared to net income of $39 million in second quarter 2022, an increase of 286% year-over-year Second quarter 2023 Adjusted EBITDA of $176 million, compared to $180 million in the second quarter 2022, a decrease of 2% year-over-year...

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-quarter. In addition, Crestwood announced a quarterly cash distribution of $0.2111 per preferred equity unit ($0.8444 annually). Both common and preferred distributions will be made on August 14, 2023, to...

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/CEQP . Crestwood preferred unitholders may access the Schedule K-3 at www.taxpackagesupport.com/CEQP_preferred . Additionally, the 2022 Schedule K-3 for Oasis Midstream Partners LP (“Oasis Midstream”), which was...

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 year-to-year progress Crestwood has achieved in its environmental, social, and governance (ESG) commitments and illustrates how the company has worked to balance responsible business growth and sustainability...

Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood”) reported today its financial and operating results for the three months ended March 31, 2023. First Quarter 2023 Financial Highlights 1 First quarter 2023 net income of $41.6 million, compared to net income of $22.2 million in first quarter 2022, an increase of 87% year-over-year First quarter 2023 Adjusted EBITDA of $192.6 million, compared to $172.8 million in the first quarter 2022, an increase of 11% year-over-year First quarter...

Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood” or the “Company”) announced today that Steven Dougherty, Executive Vice President and Chief Accounting Officer, will be leaving the Company to pursue other opportunities. Mr. Dougherty will continue to serve in his current role through the end of the second quarter 2023 to ensure an orderly transition of his responsibilities. “I would like to personally thank Steven, or “Doc” as we fondly refer to him within the Company, for...

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 March 31, 2023, which is flat quarter-over-quarter. In addition, Crestwood announced a quarterly cash distribution of $0.2111 per preferred equity unit ($0.8444 annually). Both common and preferred distributions will be made on May 15, 2023, to unitholders of...

Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood”) reported today its financial and operating results for the three months ended December 31, 2022. Fourth Quarter and Full-Year 2022 Financial Highlights 1 Fourth quarter 2022 net income of $53.9 million, compared to net income of $78.6 million in fourth quarter 2021; full-year 2022 net income of $72.5 million, compared to a net loss of $37.4 million in 2021 Fourth quarter 2022 Adjusted EBITDA of $200.3 million, compared to $149.1 million...

Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood”) today announced that the board of directors of its general partner has declared the partnership’s quarterly cash distribution of $0.655 per limited partner unit ($2.620 annually) for the quarter ended December 31, 2022, which is flat quarter-over-quarter. In addition, Crestwood announced a quarterly cash distribution of $0.2111 per Class A preferred equity unit ($0.8444 annually). Both common and preferred distributions will be made...

Crestwood Midstream Partners LP (“CMLP”), a wholly owned subsidiary of Crestwood Equity Partners LP (NYSE: CEQP), announced today that it has priced $600 million in aggregate principal amount of 7.375% unsecured Senior Notes due 2031 (the “Notes”) in a private offering (the “Notes Offering”) that is exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). This represents a $100 million increase in the original offering amount....

Crestwood Midstream Partners LP (“CMLP”), a wholly owned subsidiary of Crestwood Equity Partners LP (NYSE: CEQP), announced today its intention, subject to market and other conditions, to offer $500 million in aggregate principal amount of unsecured Senior Notes due 2031 (the “Notes”) in a private offering (the “Notes Offering”) that is exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). The Notes will be guaranteed on a...

Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood”) today announced that it expects fourth quarter 2022 financial results to be impacted by extreme winter weather events that adversely impacted volumes and well connect activity across Crestwood’s gathering & processing assets during the quarter. The severity and duration of these weather events forced producers to contend with surface equipment freezing, widespread power outages, and limited road accessibility, which resulted in well...

Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood”) reported today its financial and operating results for the three months ended September 30, 2022. Third Quarter 2022 Financial Highlights 1 Third quarter 2022 net loss of $43.0 million, compared to a net loss of $39.6 million in third quarter 2021 Third quarter 2022 Adjusted EBITDA of $209.3 million, compared to $139.9 million in the third quarter 2021, an increase of 50% year-over-year Third quarter 2022 distributable cash flow...

Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood”) announced today that the board of directors of its general partner has declared the partnership’s quarterly cash distribution of $0.655 per limited partner unit ($2.620 annually) for the quarter ended September 30, 2022, which is flat quarter-over-quarter. In addition, Crestwood announced a quarterly cash distribution of $0.2111 per Class A preferred equity unit ($0.8444 annually). Both common and preferred distributions will be made...

Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood”) today announced the pricing of the previously announced underwritten secondary offering by certain subsidiaries of Chord Energy Corporation (NASDAQ: CHRD) (f/k/a Oasis Petroleum Inc.) (the “Selling Unitholders”) of an aggregate of 11,400,000 common units representing limited partner interests of Crestwood resulting in total gross proceeds to the Selling Unitholders of approximately $306.7 million (the “Public Offering”). The...

Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood”) today announced that certain subsidiaries of Chord Energy Corporation (NASDAQ: CHRD) (f/k/a Oasis Petroleum Inc.) (the “Selling Unitholders”) intend to offer for sale in an underwritten secondary offering an aggregate of 11,400,000 common units representing limited partner interests of Crestwood (the “Public Offering”). The Selling Unitholders will receive all of the proceeds from the Public Offering. Crestwood is not offering...

Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood”) today announced the divestiture of its Marcellus natural gas gathering and compression assets to Antero Midstream Corporation (NYSE: AM), for $205 million in cash, representing a multiple of over 7 times 2023E Adjusted EBITDA, subject to customary adjustments. These assets located in Doddridge County and Harrison County, West Virginia, comprise a legacy gas system that was acquired in 2012 and was impacted in recent years by...