Crestwood Equity Partners LP: Acquisition of Oasis Midstream is credit positive
Strategic fit of Oasis's operations strengthen Crestwood's competitive position in the Williston Basin and provide longer-term growth opportunitiesCrestwood Equity Partners is a holding company. Through its subsidiary, the company develops, acquires, owns or controls, and operates assets and operations within the energy midstream sector. The company's segments are: gathering and processing, which provides gathering and transportation services and processing, treating and compression services to producers; storage and transportation, which provides crude oil and natural gas storage and transportation services to producers, utilities and other customers; and marketing, supply and logistics, which provides natural gas liquid, crude oil and natural gas marketing, storage and transportation services to producers, refiners, marketers and other customers.
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