Crestwood Equity Partners LP (CEQP) (“Crestwood”) announced that the board of directors of its general partner declared a quarterly cash distribution of $0.655 per limited partner unit ($2.620 annually) for the quarter ended March 31, 2023, which is flat quarter-over-quarter. In addition, Crestwood announced a quarterly cash distribution of $0.2111 per preferred equity unit ($0.8444 annually). Both common and preferred distributions will be made on May 15, 2023, to unitholders of record as of May 8, 2023.
Crestwood plans to report earnings for the first quarter 2023 on Tuesday, May 2, 2023, before the New York Stock Exchange opens for trading. Following the announcement, management will host a conference call for investors and analysts at 9:00 a.m. Eastern Time (8:00 a.m. Central Time) to discuss quarterly operating and financial results and provide a company update. The call will be broadcast live over the internet via audio webcast.
