Exhibit 99.1




News Release


700 Louisiana Street, Suite 2060

Houston, TX 77002




Crestwood Equity Announces Fourth Quarter 2013

Financial and Operating Results

Conference call with management to be held today at 9:00 a.m. Central Time

HOUSTON, TEXAS, February 26, 2014 –

Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood Equity” or “CEQP”) reported today its financial results for the three months and year ended December 31, 2013. As previously announced, Crestwood Holdings Partners LLC acquired CEQP’s general partner on June 19, 2013. As part of that transaction, Crestwood Midstream Partners LP (“Legacy Crestwood Midstream”) agreed to merge into Inergy Midstream, L.P. (“Legacy Inergy Midstream”). The merger was completed on October 7, 2013, and immediately following completion, Legacy Inergy Midstream and Inergy, L.P. changed their names to Crestwood Midstream Partners LP (NYSE: CMLP) (“Crestwood Midstream” or “CMLP”) and Crestwood Equity, respectively. The full-year 2013 operating results included in the accompanying tables include the consolidated results of Crestwood Gas Services GP LLC (“Crestwood GP”) and Legacy Crestwood Midstream for the full year ended December 31, 2013, and the contribution from Crestwood Equity and Legacy Inergy Midstream for the period subsequent to Crestwood Holdings LLC’s acquisition of CEQP’s general partner on June 19, 2013.

Crestwood Midstream owns the majority of the assets of the consolidated results herein. Crestwood Equity directly owns Tres Palacios Gas Storage and the NGL supply and logistics business which also includes its West Coast facility. Crestwood Midstream today issued a separate news release reporting stand-alone results for its operations.

“We are excited about the growth platform for the Crestwood partnerships which we created through the Inergy merger,” stated Robert G. Phillips, Chairman, President and Chief Executive Officer of Crestwood’s general partner. “Crestwood is now well positioned in the most active shale plays, with an excellent nationwide asset portfolio to provide services across the midstream value chain. Additionally, the merger and our 2013 acquisitions provide Crestwood with a substantial backlog of growth projects in the Marcellus, Bakken and Powder River Basin Niobrara Shale plays that will drive 2014-2015 growth as these plays continue to be actively developed by producers.

“Related specifically to the assets directly owned by Crestwood Equity, we were pleased with fourth quarter 2013 performance which was in-line with our expectations. Crestwood Equity’s NGL and Crude Services assets had a strong quarter, posting a 10% increase in EBITDA from the third quarter 2013, after adjusting for fair value changes on derivative contracts. Colder winter weather throughout the Northeast market areas increased the demand for our NGL storage, transportation and marketing services. In addition, we continue to make good progress at Tres Palacios, and we remain on track to reduce lease storage payments and property taxes in 2014 as we discussed last quarter. Overall, based



The following information was filed by Crestwood Equity Partners Lp (CEQP) on Wednesday, February 26, 2014 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

View differences made from one year to another to evaluate Crestwood Equity Partners Lp's financial trajectory

Compare SEC Filings Year-over-Year (YoY) and Quarter-over-Quarter (QoQ)
Sample 10-K Year-over-Year (YoY) Comparison

Compare this 10-K Annual Report to its predecessor by reading our highlights to see what text and tables were  removed  ,   added    and   changed   by Crestwood Equity Partners Lp.


Never Miss A New SEC Filing Again

Real-Time SEC Filing Notifications
Screenshot taken from Gmail for a new 10-K Annual Report
Last10K.com Member Feature

Receive an e-mail as soon as a company files an Annual Report, Quarterly Report or has new 8-K corporate news.


We Highlighted This SEC Filing For You

SEC Filing Sentiment Analysis - Bullish, Bearish, Neutral
Screenshot taken from Wynn's 2018 10-K Annual Report
Last10K.com Member Feature

Read positive and negative remarks made by management in their entirety without having to find them in a 10-K/Q.


Widen Your SEC Filing Reading Experience

Increased Reading Area for SEC Filings
Screenshot taken from Adobe Inc.'s 10-Q Quarterly Report
Last10K.com Member Feature

Remove data columns and navigations in order to see much more filing content and tables in one view


Uncover Actionable Information Inside SEC Filings

SEC Filing Disclosures
Screenshot taken from Lumber Liquidators 10-K Annual Report
Last10K.com Member Feature

Read both hidden opportunities and early signs of potential problems without having to find them in a 10-K/Q


Adobe PDF, Microsoft Word and Excel Downloads

Download Annual and Quarterly Reports as PDF, Word and Excel Documents
Screenshots of actual 10-K and 10-Q SEC Filings in PDF, Word and Excel formats
Last10K.com Member Feature

Export Annual and Quarterly Reports to Adobe PDF, Microsoft Word and Excel for offline viewing, annotations and analysis


FREE Financial Statements

Download Annual and Quarterly Reports as PDF, Word and Excel Documents
Screenshot of actual balance sheet from company 10-K Annual Report
Last10K.com Member Feature

Get one-click access to balance sheets, income, operations and cash flow statements without having to find them in Annual and Quarterly Reports

Continue for FREE

Intrinsic Value Calculator

Intrinsic Value Calculator
Screenshot of intrinsic value for AT&T (2019)
Last10K.com Member Feature

Our Intrinsic Value calculator estimates what an entire company is worth using up to 10 years of financial ratios to determine if a stock is overvalued or not


Financial Stability Report

Financial Stability Report
Screenshot of financial stability report for Coco-Cola (2019)
Last10K.com Member Feature

Our Financial Stability reports uses up to 10 years of financial ratios to determine the health of a company's EPS, Dividends, Book Value, Return on Equity, Current Ratio and Debt-to-Equity


Get a Better Picture of a Company's Performance

Financial Ratios
Available Financial Ratios
Last10K.com Member Feature

See how over 70 Growth, Profitability and Financial Ratios perform over 10 Years


Log in with your credentials


Forgot your details?

Create Account