Exhibit 99.1
(CRESTWOOD LOGO)   News Release
  717 Texas Avenue, Suite 3150
  Houston, TX 77002
Crestwood Midstream Partners LP Announces
Fourth Quarter and Year End 2010 Results
Acquisition of Natural Gas Gathering Systems in the
Avalon Shale Play in Southeastern New Mexico
HOUSTON, TEXAS, February 22, 2011 —
Crestwood Midstream Partners LP (NYSE:CMLP) (“Crestwood LP” or “the Partnership”) reported today its fourth quarter and year end 2010 financial results.
Fourth Quarter and Year Ended Summary Results
    Three Months Ended   Year Ended
    December 31,   December 31,
(in thousands, except as noted)   2010   2009   2010   2009
Net income
  $ 6,339     $ 8,951     $ 34,872     $ 32,499  
Adjusted net income
  $ 14,215     $ 8,951     $ 42,748     $ 32,499  
Net income per unit (diluted basis)
  $ 0.18     $ 0.32     $ 1.03     $ 1.18  
Adjusted net income per unit
(diluted basis)
  $ 0.43     $ 0.32     $ 1.28     $ 1.18  
Adjusted EBITDA
  $ 22,341     $ 16,816     $ 76,549     $ 64,238  
Adjusted distributable cash flow
  $ 17,527     $ 13,749     $ 63,301     $ 51,260  
Volumes gathered (MMcf)
    36,520       27,161       125,317       93,955  
Volumes processed (MMcf)
    11,584       12,428       46,660       54,386  
Net income for the fourth quarter and year ended December 31, 2010 included $7.9 million of non-recurring expenses related to the acquisition of the Partnership by Crestwood Holdings Partners LLC (“Crestwood”) that closed on October 1, 2010. These expenses were comprised of$3.6 million of equity compensation expense due to accelerated vesting of equity awards triggered by the change of control, $2.7 million of post transaction, transition and integration costs and $1.6 million of non-cash interest expense to write-off debt issuance costs on a previous credit facility that was terminated at the closing of the acquisition. The above table is adjusted for the impact of these items on the key financial metrics to improve comparability with the prior year periods.
Adjusted net income, adjusted net income per unit, adjusted earnings before interest, income taxes, depreciation and accretion (“EBITDA”)and adjusted distributable cash flow are non-


The following information was filed by Crestwood Midstream Partners Lp (CMLP) on Tuesday, February 22, 2011 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.

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