Crestwood Equity Partners LP (Crestwood) is an infrastructure solutions provider. The company develops, acquires, owns, controls and operates crude oil, natural gas and natural gas liquids (NGL) midstream assets. Its operations are categorized into gathering and processing; storage and transportation; and marketing, supply and logistics. Crestwood's gathering and processing operations provides gathering, compression, treating, and processing services for natural gas, crude oil, and produced water. The company's storage and transportation offers crude oil, natural gas storage and transportation services to producers, utilities, and other customers. Its marketing, supply and logistics operations provide NGL and crude oil storage, marketing and transportation services to producers, refiners, marketers and others. Crestwood is headquartered in Houston, Texas, the United States.
Headquarters
United States of America
Address
811 Main St Ste 3400, Houston, Texas, 77002-6131
Website
www.crestwoodlp.com
Telephone
1 832 5192200
No of Employees
645
Industry
Energy and Utilities
Ticker Symbol & Exchange
CEQP (NYSE)
Revenue (2021)
$4.6B
102.7%
(2021 vs 2020)
EPS
XXX
Net Income (2021)
XXX
-39.9%
(2021 vs 2020)
Market Cap*
$2.9B
Net Profit Margin (2021)
XXX
30.9%
(2021 vs 2020)
* As of and is in US$
Products and Services
| Products | Services |
|---|---|
| Crude Oil | Gathering and Processing |
| Natural Gas | Storage and Transportation |
| Natural Gas Liquids | Marketing, Supply and Logistics |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2022 | Acquisitions/Mergers/Takeovers | In February, the company acquired Oasis Midstream Partners LP. |
| 2020 | Acquisitions/Mergers/Takeovers | In May, the company acquired certain natural gas liquid storage and rail-to-truck liquid petroleum gas terminals from Plains All American Pipeline LP for US$160 million. |
| 2019 | Acquisitions/Mergers/Takeovers | In May, the company acquired 50% stake in Jackalope Gas Gathering Services for US$484.6 million. |
Competitor Comparison
| Key Parameters | Crestwood Equity Partners LP | Enterprise Products Partners LP | Global Partners LP | DCP Midstream LP | MPLX LP |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Houston | Houston | Waltham | Denver | Findlay |
| State/Province | Texas | Texas | Massachusetts | Colorado | Ohio |
| No. of Employees | 645 | 6,911 | 3,490 | - | 5,836 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Operating Margin
EPS (Earnings per Share)
Debt to Equity Ratio
Return on Assets
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Robert G Phillips | Chairman; President; Chief Executive Officer | Executive Board | 2010 | - |
| Robert T Halpin | Vice President; Chief Financial Officer | Senior Management | 2012 | - |
| Diaco Aviki | Senior Vice President; Chief Operating Officer | Senior Management | 2017 | - |
| Steven M Dougherty | Executive Vice President; Chief Accounting Officer | Senior Management | 2012 | - |
| John Black | Senior Vice President - Finance | Senior Management | 2014 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2022 | XX |
| Non Dignissim Eros | Proin vel | Convallis | 2022 | XX |
| Non Dignissim Eros | Proin vel | Convallis | 2022 | XX |
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