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Crestwood Midstream Partners L.P.
Ticker Symbol: CMLP* CUSIP: 226372100 Exchange: NYSE
* NOTE: This security is no longer trading as of 9/30/2015
Company's Online Profile
BUSINESS: Crestwood Midstream Partners L.P. is a publicly traded master limited partnership engaged in the development and operation of natural gas, NGL and crude oil gathering, processing, storage, and transportation assets in multiple unconventional shale plays across the United States.
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Notes: Sept. 30, 2015 -- Unitholders of Crestwood Midstream Partners LP (CMLP) voted today and approved a proposed Merger between CMLP and Crestwood Equity Partners LP (CEQP). Pursuant to the terms of the Merger, each common unit of CMLP outstanding immediately prior to the consummation of the Merger will be converted into the right to receive 2.75 common units of Crestwood Equity Partners LP (CEQP). The Merger became effective today. _______________On October 7, 2013, Inergy Midstream, L.P. completed its merger with Crestwood Midstream Partners LP. The combined partnership is named Crestwood Midstream Partners LP and trades under the ticker CMLP on the New York Stock Exchange. In addition, Inergy, L.P., the owner of CMLP's general partner, has been renamed Crestwood Equity Partners LP. The NYSE ticker symbol has been changed from NRGY to CEQP. ________________ May. 6, 2013-- Crestwood Midstream Partners LP (NYSE: CMLP) Crestwood Midstream and Crestwood Holdings LLC Crestwood Holdings (collectively, Crestwood and Inergy, L.P. (NYSE:NRGY) Inergy L.P. and Inergy Midstream, L.P. (NYSE:NRGM) (nergy Midstream (collectively, Inergy today announced the signing of definitive agreements to create a fully integrated midstream partnership with a total enterprise value of approximately $7 billion. The terms of the agreements are as follows: Crestwood Holdings will acquire the general partner of Inergy L.P. and will contribute the general partner and incentive distribution rights of Crestwood Midstream to Inergy L.P. in exchange for Inergy L.P. common units. Separately, Crestwood Midstream will be merged with a subsidiary of Inergy Midstream. In the merger, Crestwood Midstream unitholders will receive 1.070 common units of Inergy Midstream for each unit of Crestwood Midstream they own, representing a 5% premium to the 20-day volume weighted average price (VWAP) of Crestwood Midstream’s common units. Additionally, all Crestwood Midstream public unitholders other than Crestwood Holdings will receive a one-time cash payment at closing of the merger of approximately $35 million in the aggregate, or $1.03 per unit, $25 million of which will be payable by Inergy Midstream and approximately $10 million of which will be payable by Crestwood Holdings. Inergy Midstream and Inergy L.P. will continue to be listed on the NYSE under the ticker symbols NRGM and NRGY, respectively.
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Previous Ticker Symbol: NRGM Changed: 10/07/2013
Previous Name: Inergy Midstream L.P. Changed: 10/07/2013
Large Cap Stock -
Market Value $1.3 Billion
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Company's Online Information Links
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| Company's Online SEC EDGAR Filings |
| Company's Email Address Links |
| Address and Phone Numbers |
| Address: 700 Louisiana St., Suite 2060, Houston, TX 77002 |
| Main Phone Number |
832-519-2200 |
| Fax Number |
832-519-2250 |
| Investor Relations
Mark Stockard
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832-519-2207
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Toll Free Phone Number |
Unknown |
| CEO - Robert G. Phillips |
CFO - Michael J. Campbell |
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