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Crestwood Equity Partners LP - $CEQP STOCK NEWS

Welcome to our dedicated page for Crestwood Equity Partners LP news (Ticker: $CEQP), a resource for investors and traders seeking the latest updates and insights on Crestwood Equity Partners LP stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Crestwood Equity Partners LP's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Crestwood Equity Partners LP's position in the market.

Rhea-AI Summary
Crestwood Equity Partners LP has published its 2022 sustainability report, highlighting its progress in environmental, social, and governance (ESG) commitments. The report showcases achievements in key performance indicators related to ESG, such as methane emissions intensity rate and diversity, equity, and inclusion (DEI) performance. Crestwood also emphasizes its carbon management plan and commitment to reducing GHG emissions. The report is in line with GRI 2021 Standards and SASB midstream reporting framework.
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Crestwood Equity Partners LP reported an 87% YoY increase in net income for Q1 2023, reaching $41.6 million. Adjusted EBITDA also increased by 11% YoY to $192.6 million. The company successfully closed the divestiture of Tres Palacios, receiving net proceeds of $178 million, which were used for debt paydown and leverage reduction.
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Crestwood Equity Partners LP

NYSE:CEQP

CEQP Rankings

CEQP Stock Data

2.97B
82.60M
10.8%
53.17%
1.41%
Natural Gas Distribution
Utilities
Link
United States
Houston

About CEQP

crestwood equity partners lp (nyse: ceqp) is a publicly traded master limited partnership that owns and operates midstream assets located primarily in the marcellus shale, bakken shale, delaware permian basin, prb niobrara shale, barnett shale and fayetteville shale. our operations and financial results are divided into three segments that include gathering & processing, storage & transportation and marketing, supply & logistics. across our three segments crestwood is engaged in the gathering, processing, treating, compression, storage and transportation of natural gas; storage, transportation, terminalling and marketing of ngls; gathering, storage, transportation, terminalling and marketing of crude oil. our goal is to create long-term value for our unit holders by delivering increasing cash distributions through organic expansion, development projects and acquisitions, while at the same time ensuring the ongoing stability of our business. we aim to provide the highest quality of cust