Crestwood Equity Partners

The Crestwood family of companies includes two publicly traded master limited partnerships, Crestwood Equity Partners LP (NYSE: CEQP) and Crestwood Midstream Partners LP (NYSE: CMLP). We own and operate midstream assets reaching across the energy value chain, serving producers and users of hydrocarbons in premier shale plays across the United States including the Marcellus Shale, Bakken Shale, Eagle Ford Shale, Permian Basin, Powder River Basin Niobrara Shale, Utica Shale, Barnett Shale, Fayetteville Shale and Haynesville Shale. Our operations and services include: • Natural gas gathering, compression, treating, processing, storage and transportation • Natural gas liquids storage, logistics and marketing • Crude oil terminalling Our goal is to create long-term value for our unitholders by delivering increasing cash distributions through organic expansion, development projects and acquisitions, while at the same time ensuring the ongoing stability of our business. Our operations and financial results are divided into three segments: • Gathering & Processing • Gas Storage & Transportation • NGL & Crude Services Crestwood Midstream Partners LP (“CMLP”) owns operating assets contributing to all three of our operating segments.
Type
Public
HQ
Houston, US
Founded
2007
Size (employees)
1,219 (est)-6%
Crestwood Equity Partners was founded in 2007 and is headquartered in Houston, US

Crestwood Equity Partners Office Locations

Crestwood Equity Partners has an office in Houston
Houston, US (HQ)
2550 Bank Of America Center 700 Louisiana St

Crestwood Equity Partners Data and Metrics

Crestwood Equity Partners Financial Metrics

Crestwood Equity Partners's revenue was reported to be $2.5 b in FY, 2016 which is a 4% decrease from the previous period.
Numbers are in $, USD

Revenue (FY, 2016)

2.5 b

Revenue growth (FY, 2015 - FY, 2016), %

(4%)

Net income (FY, 2016)

(192.1 m)

EBIT (FY, 2016)

(108.7 m)

Market capitalization (24-May-2017)

1.8 b

Closing share price (24-May-2017)

24.9

Cash (31-Dec-2016)

1.6 m
Crestwood Equity Partners's current market capitalization is $1.8 b.
Numbers are in $, USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

205.8 m239.5 m1.4 b3.9 b2.6 b2.5 b

Revenue growth, %

16%496%176%(33%)(4%)

Gross profit

424.4 m766 m749.3 m

Gross profit Margin, %

30%19%28%

Operating expense total

198.1 m588.8 m606.6 m475.9 m

EBIT

28.2 m118.6 m(2 b)(108.7 m)

EBIT margin, %

2%3%(77%)(4%)

Interest expense

27.6 m35.8 m

Pre tax profit

(49.6 m)(9.3 m)(2.3 b)(191.8 m)

Income tax expense

1 m1.1 m(1.4 m)(300 k)

Net Income

(50.6 m)(10.4 m)(2.3 b)(192.1 m)
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

5.2 m8.8 m500 k1.6 m

Accounts Receivable

Inventories

16.1 m23.3 m21.7 m9.7 m

Current Assets

522 m538.1 m335.8 m373.4 m

PP&E

3.9 b3.9 b3.3 b2.1 b

Goodwill

2.6 b2.5 b1.1 b199 m

Total Assets

8.5 b8.5 b5.8 b4.4 b

Accounts Payable

379 m241.2 m144.1 m217.2 m

Current Liabilities

596.1 m424.9 m258.2 m337.3 m
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(50.6 m)(10.4 m)(2.3 b)(192.1 m)

Depreciation and Amortization

167.9 m285.3 m300.1 m229.6 m

Accounts Receivable

(40 m)60.4 m120 m(77 m)

Inventories

11.2 m(11 m)1.8 m9.2 m

Accounts Payable

(420.6 m)(2.7 m)(2.7 m)

Cash From Operating Activities

188.3 m283 m440.7 m346.1 m

Purchases of PP&E

(347 m)(424 m)(182.7 m)(100.7 m)

Cash From Investing Activities

(1 b)(483 m)(212.7 m)867.2 m

Long-term Borrowings

(333.3 m)(2.7 b)(4.1 b)(2.5 b)

Cash From Financing Activities

859.7 m203.6 m(236.3 m)(1.2 b)

Interest Paid

64.9 m114.4 m129 m121.5 m

Income Taxes Paid

2.5 m6.6 m4.7 m1.4 m

Crestwood Equity Partners Market Value History

Crestwood Equity Partners Company Life and Culture

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