Crestwood Equity Partners

#3345

Rank

$2.94B

MarketCap US

US United States

Country

Summary
Crestwood Equity Partners LP develops, acquires, owns, controls, and operates assets and operations in the energy midstream sector in the United States. It operates through three segments: Gathering and Processing North; Gathering and Processing South; and Storage and Logistics. The Gathering and Processing North segment offers natural gas, crude oil, and produced water gathering, compression, treating, processing, and disposal services to producers in the Williston Basin and Powder River Basin. This segment owns and operates natural gas facilities with approximately 0.4 Bcf/d of gathering capacity and 0.5 Bcf/d of processing capacity; crude oil facilities with approximately 150,000 Bbls/d of gathering capacity and 266,000 Bbls of storage capacity; and produced water facilities with approximately 130,000 Bbls/d of gathering and disposal capacity. The Gathering and Processing South segment provides natural gas gathering, compression, treating, and processing; and produced water gathering and disposal services to producers in the Marcellus, Barnett, and Delaware basins. This segment owns and operates natural gas facilities with 2.5 Bcf/d of gathering capacity and 0.7 Bcf/d of processing capacity; and produced water facilities with approximately 75,000 Bbls/d of gathering and disposal capacity. The Storage and Logistics segment offers natural gas liquids, crude oil, and natural gas storage, terminal, marketing, and transportation, including rail, truck and pipeline services to producers, refiners, marketers, utilities, and other customers. 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. Crestwood Equity Partners LP was incorporated in 2001 and is headquartered in Houston, Texas.

History

Crestwood Equity Partners is an energy infrastructure master limited partnership that first entered the market in May 2013 through the merger of Crestwood Holdings LLC and Inergy LP. Crestwood subsequently completed its debt restructuring in May 2016 and re-emerged as a publicly traded company, resulting in stronger balance sheet and improved financial flexibility. In recent years, Crestwood has continued to grow through a variety of organic and acquisition projects across the country.


Mission
To be the premier infrastructure and logistics provider in the United States.

Vision
To create long-term value through safe and responsible operations, best in class customer service and a relentless pursuit of operational excellence.

Key Team

Mr. William H. Moore (Exec. VP of Corp. Strategy)

Mr. John Black III (Exec. VP & CFO)

Mr. Joel Christian Lambert (Exec. VP, Chief Legal, Safety & Compliance Officer)

Mr. Diaco Aviki (Exec. VP & COO)

Ms. Joanne Howard (Sr. VP of Sustainability & Corp. Communications)

Ms. Deana Werkowitch (Sr. VP of Audit, Technology & Implementation Services)

Mr. Andrew Thorington (VP of Fin. & Investor Relations)


Recognition and Awards
Crestwood Equity Partners has been named one of the Top Workplaces by Houston Chronicle in 2017, 2018, and 2019, was named one of the Best Places to Work by The Houston Business Journal in 2017 and 2018, and was voted as one of the Best Performing MLPs in 2015 by Forbes Magazine.

References
Crestwood Equity Partners
Leadership team

Mr. Robert Thornbury Halpin III (Pres)

Mr. Steven Michael Dougherty (Exec. VP & Chief Accounting Officer)

Mr. Robert G. Phillips (Founder, Chairman & CEO of Crestwood Equity GP LLC)

Products/ Services
Energy, Logistics, Oil and Gas
Number of Employees
500 - 1000
Headquarters
Houston, Texas, United States
Established
2007
Company Registration
SEC CIK number: 0001136352
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
CEQP
Social Media
Mon Feb 26 2024
About

businessabc offers a global business, SMEs wiki directory blockchain, NFTs, AI powered marketplace for businesses worldwide.

Follow Us
Produced by
In collaboration with
Logo

Copyright 2023 © businessabc powered by ztudium