Crestwood Equity Partners LP (Crestwood) is an infrastructure solutions provider. It carries out develops, acquires, owns, controls and operates crude oil, natural gas and natural gas liquids (NGL) midstream assets. The company operations are categorized into gathering and processing, storage and transportation and marketing, supply and logistics. Crestwood's gathering and processing operations provide 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
Suite 2060, 700 Louisiana St., Houston, Texas, 77002
Website
www.crestwoodlp.com
Telephone
1 832 5192200
No of Employees
753
Industry
Energy and Utilities
Revenue (2022)
$6.0B
Crestwood Equity Partners LP premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Crude Oil | Gathering and Processing |
| Natural Gas Liquids | Marketing, Supply and Logistics |
| Natural Gas | Storage and Transportation |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Acquisitions/Mergers/Takeovers | In November, the company announced merger with Energy Transfer LP. |
| 2023 | Contracts/Agreements | In March, the company, Enbridge signed an agreement with Brookfield Infrastructure Partners to acquire Tres Palacios Holdings LLC for US$335 million. |
| 2022 | Others | In September, the company announced secondary offering of common units and concurrent common unit repurchase. |
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 | 753 | 7,447 | 3,485 | - | 5,810 |
| Entity Type | Private | Public | Public | Private | Public |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Robert G Phillips | Chief Executive Officer; Chairman; President | Executive Board | 2010 | 67 |
| John Black | Executive Vice President; Chief Financial Officer | Senior Management | 2022 | - |
| Diaco Aviki | Chief Operating Officer; Executive Vice President | Senior Management | 2017 | - |
| Steven M Dougherty | Chief Accounting Officer; Executive Vice President | Senior Management | 2012 | - |
| Robert T Halpin | President | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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