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Wednesday, August 29, 2018

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CEQP Crestwood Equity Partners LP gains 18% Aug 29, 2018

Crestwood Equity Partners LP provides infrastructure solutions to liquids-rich natural gas and crude oil shale plays in the United States. The company's Gathering and Processing Operations segment provides gathering and transportation services for natural gas, crude oil, and produced water; and processing, treating, and compression services for natural gas to producers in unconventional shale plays and tight-gas plays. Its Storage and Transportation Operations segment offers crude oil and natural gas storage and transportation services to producers, utilities, and other customers. The company's Marketing, Supply and Logistics Operations segment provides NGL and crude oil storage, and marketing and transportation services to producers, refiners, marketers, and other customers. It also manufactures mined salt for food, industrial, and pharmaceutical uses. The company owns and operates natural gas facilities with approximately 2.5 billion cubic feet of natural gas/day (Bcf/d) of gathering capacity and 516 million cubic feet of natural gas/day of processing capacity; NGL facilities with approximately 20,000 Bbls/d of fractionation capacity and 2.8 million barrels of storage capacity, as well as a portfolio of transportation assets with a capacity of transporting approximately 294,000 Bbls/d of NGLs; and crude oil facilities with approximately 125,000 Bbls/d of gathering capacity, 1.5 million barrels of storage capacity, 48,000 Bbls/d of transportation capacity, and 160,000 Bbls/d of rail loading capacity, as well as 79.3 Bcf of certificated working storage capacity and 1.4 Bcf/d of pipeline transportation capacity. Crestwood Equity GP LLC serves as the general partner of Crestwood Equity Partners LP. The company was formerly known as Inergy L.P. and changed its name to Crestwood Equity Partners LP in October 2013. The company was founded in 2001 and is headquartered in Houston, Texas. Crestwood Equity Partners LP is a subsidiary of Crestwood Holdings LLC.http://www.priceseries.com/trade/CEQP-Crestwood-Equity-Partners-LP-stock-gains-18-percent-a-Trade-Record-by-priceSeries-2018071220180829.html

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