Crestwood

Crestwood Announces Quarterly Distribution and Schedules Fourth Quarter 2015 Earnings Release Date 1/26/2016 HOUSTON--(BUSINESS WIRE)-- Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood” or “CEQP”) announced today that the board of directors of its general partner has declared the partnership’s quarterly cash distribution of $1.375 per limited partner unit ($5.50 annually) for the quarter ended December 31, 2015. Crestwood will issue 1,404,317 preferred units to its preferred unitholders in lieu of cash distributions. Distributions will be made on February 12, 2016, to unitholders of record as of February 5, 2016. Crestwood plans to report financial results for the fourth quarter 2015 on Tuesday, February 23, 2016, before the New York Stock Exchange opens for trading...

Crestwood Announces Third Quarter 2015 Financial and Operating Results 11/3/2015 HOUSTON--(BUSINESS WIRE)-- Crestwood Equity Partners LP (NYSE:CEQP) (“Crestwood Equity” or “Crestwood”) reported today its financial and operating results for the three months ended September 30, 2015. Third Quarter 2015 Highlights Third quarter 2015 adjusted EBITDA of $133.5 million, a 4% increase over $128.9 million in the third quarter 2014; First nine months 2015 adjusted EBITDA of $408.5 million, a 12% increase over $363.2 million in the first nine months 2014 Net loss of $623.4 million, compared to net income of $11.9 million in the third quarter 2014. Net loss for the third quarter 2015 includes non-cash charges for goodwill impairments of $609.9 million. These Goodwill impairments were largely attributed to discount rate increases resulting from continued commodity price volatility and Crestwood’s current unit price Distributable cash flow of $91.6 million, compared to $96.0 million in third quarter 2014, resulting in a third quarter 2015 cash distribution coverage ratio of 0.97x; trailing twelve months cash distribution ratio of 1.02x Closed the merger between Crestwood Equity and Crestwood Midstream Partners LP (“CMLP” or “Crestwood Midstream”), with CMLP’s unitholders receiving 2.75 Crestwood Equity units for each CMLP unit owned Closed an amended and restated $1.5 billion Crestwood Midstream revolving credit facility; $717 Million outstanding at September 30, 2015 Declared third quarter cash distribution of $0.1375 per common unit, or $0.55 per common unit on an annualized basis, payable on November 13, 2015 to unitholders of record as of November 6, 2015

Q3 2015 Crestwood Equity Partners LP Earnings Conference Call