Crestwood Announces Quarterly Distribution and Schedules First Quarter 2017 Earnings Release Date
Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood” or “CEQP”) announced today that the board of directors of its general
partner has declared the partnership’s quarterly cash distribution of $0.60 per limited partner unit
($2.40 annually) for the quarter ended March 31, 2017. Crestwood will issue 1,574,404 preferred units to its preferred
unitholders in lieu of cash distributions. Distributions will be made on May 15, 2017, to unitholders of record as of May 8,
2017.
Crestwood plans to report financial results for the first quarter 2017 on Tuesday, May 2, 2017, 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) that day to discuss the operating and financial results. The call will be broadcast live
over the internet via audio webcast. Investors will be able to connect to the webcast via the “Investors” page of Crestwood’s
website at www.crestwoodlp.com. Please log in at least 10 minutes in advance to register and download any necessary
software. A replay will be available shortly after the call for 90 days.
Crestwood Files 2016 Annual Report Form 10-k
Crestwood filed its annual report on Form 10-K with the Securities and Exchange Commission for the year ended December 31, 2016
on February 27, 2017. The 10-K report is available to view, print or download on the Investors page of Crestwood’s website at
www.crestwoodlp.com. Crestwood will also provide a printed copy of the annual report on Form 10-K, free of
charge upon request. Such requests should be directed in writing via email to investorrelations@crestwoodlp.com or via mail to Investor Relations, 700 Louisiana St., Suite 2550, Houston, TX
77002.
About Crestwood Equity Partners LP
Houston, Texas, based Crestwood Equity Partners LP (NYSE: CEQP) is a master limited partnership that owns and operates
midstream businesses in multiple unconventional shale resource plays across the United States. Crestwood is engaged in
the gathering, processing, treating, compression, storage and transportation of natural gas; storage, transportation, terminalling,
and marketing of NGLs; and gathering, storage, terminalling and marketing of crude oil.
Forward Looking Statements
This press release may include certain statements concerning expectations for the future that are forward-looking statements as
defined by federal securities law. Such forward-looking statements are subject to a variety of known and unknown risks,
uncertainties, and other factors that are difficult to predict and many of which are beyond management’s control. These risks and
assumptions are described in Crestwood’s annual reports on Form 10-K and other reports that are available from the United
States Securities and Exchange Commission. Readers are cautioned not to place undue reliance on forward-looking statements, which
reflect management’s view only as of the date made. We undertake no obligation to update any forward-looking statement, except as
otherwise required by law.
Tax Notice to Foreign Investors
This release serves as qualified notice to nominees under Treasury Regulation Sections 1.1446-4(b)(4) and (d). Please note that
100% of Crestwood’s distributions to foreign investors are attributable to income that is effectively connected with a United
States trade or business. Accordingly, all of Crestwood’s distributions to foreign investors are subject to federal income tax
withholding at the highest effective tax rate for individuals or corporations, as applicable. Nominees, and not Crestwood, are
treated as the withholding agents responsible for withholding on the distributions received by them on behalf of foreign
investors.
Crestwood Equity Partners LP
Investor Contact
Josh Wannarka, 713-380-3081
josh.wannarka@crestwoodlp.com
Vice President, Investor Relations
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