Crestwood Equity Partners (CEQP) Tops Q4 Revenue Estimates

Crestwood Equity Partners (NYSE: CEQP) reported Q4 revenue for the quarter came in at $1.25 billion versus the consensus estimate of $943.19 million.

• Solid execution in 2017 delivers full-year results at top-end of increased guidance ranges
• Bakken, Delaware Basin and Powder River Basin G&P expansion projects and producer activity drive meaningful cash flow growth in 2018
• 2018 Adjusted EBITDA range of $390 million to $420 million; implies 10% mid-point year-over-year growth1
• Growth capital of $250 million to $300 million fully funded with excess cash flow, revolver borrowings and joint venture capital

For earnings history and earnings-related data on Crestwood Equity Partners (CEQP) click here.

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