|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
News For CMLP From The Last 14 Days
|May 20, 2015|
|10:00 EDT||CMLP||On The Fly: Analyst Downgrade Summary|
Today's noteworthy downgrades include: Achillion (ACHN) downgraded on valuation at JMP Securities... Ashland (ASH) downgraded to Equal-Weight from Overweight at First Analysis... Bank of Nova Scotia (BNS) downgraded to Underperform from Neutral at BofA/Merrill... Braskem (BAK) downgraded to Neutral from Overweight at JPMorgan... Comerica (CMA) downgraded to Underperform at Baird... Crestwood Midstream (CMLP) downgraded to Neutral from Buy at Ladenburg... Fifth Third (FITB) downgraded to Neutral from Outperform at Baird... Keurig Green Mountain (GMCR) downgraded to Hold from Buy at Argus... Keysight Technologies (KEYS) downgraded to Neutral from Outperform at Baird... Leju (LEJU) downgraded to Underperform from Buy at CLSA... Marrone Bio (MBII) downgraded to Hold from Buy at Jefferies... Southwest (LUV) downgraded to Neutral from Buy at Buckingham... SunTrust (STI) downgraded to Market Perform from Outperform at Keefe Bruyette... Western Alliance (WAL) downgraded to Market Perform from Outperform at Keefe Bruyette.
|07:28 EDT||CMLP||Crestwood Midstream downgraded to Neutral from Buy at Ladenburg|
Ladenburg downgraded Crestwood Midstream to Neutral due to the proposed merger into Crestwood Equity Partners.
|May 13, 2015|
|11:32 EDT||CMLP||ONEOK 'most obvious' candidate to consider deal like Williams, says Wells Fargo|
After Williams (WMB) announced a simplification deal with Williams Partners (WPZ) that is similar to Kinder Morgan's (KMI) rollup and Crestwood Equity's (CEQP) purchase of Crestwood Midstream (CMLP), Wells Fargo said it sees ONEOK (OKE) and ONEOK Partners (OKS) as the "most obvious" candidate likely to consider a similar deal. The firm believes other C-Corp/MLP pairs will be pushed to consider the merits of such transactions, but thinks the list of other candidates that really meet the criteria for such deals is short.
|May 12, 2015|
|05:38 EDT||CMLP||Crestwood Equity upgraded to Equal Weight from Underweight at Barclays|
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