News Breaks |
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| February 26, 2013 |
| 07:44 EDT |  | CMLP | Crestwood Midstream sees FY13 adjusted EBITDA $170M-$185M
The primary drivers include the consolidation of 100% of CMM, continued volume growth in the Marcellus region and the full year impact of the West Johnson County assets and Enerven operations acquired in August 2012 and December 2012, respectively. Crestwood anticipates average 2013 gathering volumes in the range of 1,000 MMcf/d to 1,100 MMcf/d, an overall increase of 30% from 2012; average processing volumes of approximately 225 MMcf/d to 240 MMcf/d, a 55% increase from 2012; and compression volumes of approximately 320 MMcf/d to 340 MMcf/d attributable to the recent Enerven acquisition. The company also expects capital spending on contracted projects and maintenance capital for FY13 to be in the range of $120M-$150M |
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News For CMLP From The Last 14 Days Check below for free stories on CMLP the last two weeks. |
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| May 13, 2013 |
| 07:37 EDT |  | CMLP | BofA/Merrill to host a conference
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| May 8, 2013 |
| 06:56 EDT |  | CMLP | Crestwood Midstream downgraded to Neutral from Buy at UBS
UBS downgraded Crestwood Midstream due to valuation. Price target lowered to $25 from $27. |
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| May 7, 2013 |
| 06:43 EDT | | CMLP | Crestwood Midstream sees FY13 adjusted EBITDA $170M-$185M
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| 06:39 EDT |  | CMLP | Crestwood Midstream reports Q1 EPS 7c, consensus 12c
Reports Q1 revenue $72.42M, consensus $77.57M. |
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| May 6, 2013 |
| 08:45 EDT | | CMLP | Inergy, L.P. and Crestwood hold a joint conference call
Conference call to discuss the merger of the two companies to form $7B partnership will be held on May 6 at 8:30 am. Webcast Link |
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| 07:15 EDT | | CMLP | Inergy declares distribution of Intergy Midstream units to unitholders
The Board of Directors of Inergy GP, LLC, general partner of Inergy, L.P. (NRGY) announced that pursuant to the contribution agreement between Inergy and Crestwood Holdings LLC (CMLP) and Crestwood Gas Services Holdings LLC it has declared the distribution on a pro rata basis to Inergy unitholders of record on the record date of 56,398,707 common units of Inergy Midstream, L.P. (NRGM) held by Inergy. Payment of the special distribution is contingent on the satisfaction or waiver of all closing conditions under the contribution agreement. The Board declared a record date of June 14 for the distribution of the NRGM units. The distribution of the NRGM common units is expected to be approximately 0.4321 NRGM common units for each Inergy limited partner unit outstanding on the record date. The distribution of the NRGM common units is expected to occur after the market closes on June 18. The transfer agent will not distribute any fractional NRGM common units. Each Inergy unitholder that would have been entitled to receive a fractional unit in the distribution from Inergy will instead be entitled to receive from Inergy a cash payment equal to the value of such fractional unit based on the market price of the NRGM common units. |
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| 07:06 EDT | | CMLP | Crestwood, Inergy merge to form $7B midstream partnership
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| 07:03 EDT | | CMLP | Crestwood and Inergy merge to form $7B partnership
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