Crestwood Announces Second Quarter 2023 Financial and Operating Results
Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood” or “Company”) reported today its financial and operating results for the three months ended June 30, 2023.
- Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood” or “Company”) reported today its financial and operating results for the three months ended June 30, 2023.
- Gathering and Processing North segment EBITDA totaled $137 million in the second quarter 2023, compared to $153 million in the second quarter 2022, a decrease of 10% year-over-year.
- Storage & Logistics segment EBITDA totaled $13 million in the second quarter 2023, compared to $5 million in the second quarter 2022, an increase of 185% year-over-year.
- Combined O&M and G&A expenses, net of non-cash unit-based compensation, in the second quarter 2023 were $69 million compared to $65 million in the second quarter 2022.