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Moody's upgrades Crestwood Midstream's senior notes to Baa3 following ...

Moody's Investors Service (Moody's) upgraded Crestwood Midstream Partners LP's (CMLP) senior unsecured notes' ratings to Baa3 from Ba3. CMLP's outlook was changed to positive. Moody's withdrew all ratings at Crestwood Equity Partners LP (CEQP), including CEQP's Ba2 Corporate Family Rating (CFR), Ba2...

Crestwood Equity Partners LP: Acquisition by Energy Transfer will stre...

Crestwood's acquisition by Energy transfer will strengthen Crestwood's credit profile.

Moody's places Crestwood's ratings under review for upgrade

Moody's Investors Service (Moody's) placed Crestwood Equity Partners LP's (CEQP) and Crestwood Midstream Partners LP's (CMLP) ratings on review for upgrade, including CEQP's Ba2 Corporate Family Rating (CFR) and CMLP's Ba3 senior unsecured notes ratings. This follows the announcement by CEQP and E...

Crestwood Midstream Partners LP: Covenant Quality Post-Sale Snapshot: ...

Crestwood Midstream Partners LP's covenant package provides weakest protection, reflecting a CQ score of 4.59.

Moody's rates Crestwood Midstream's new notes Ba3

Moody's Investors Service (Moody's) rated Crestwood Midstream Partners LP's (CMLP) new senior unsecured notes Ba3, in line with the issuer's existing senior unsecured notes. CMLP is a wholly owned subsidiary of Crestwood Equity Partners LP (CEQP, or together with CMLP, Crestwood). CEQP's ratings, in...

Crestwood Equity Partners LP: Moderate leverage and basin diversificat...

Our credit view of Crestwood reflects its moderate leverage, strong distribution coverage and basin diversification offset by volume risk exposure

CRESTWOOD EQUITY increases its risk exposure and slightly lowers to Ne...

CRESTWOOD EQUITY (US), a company active in the Oil Equipment & Services industry, now shows a lower overall rating. The independent financial analyst theScreener confirms the fundamental rating of 3 out of 4 stars. However, the market behaviour deterioration triggered a risk requalification, which can be thus described as moderately risky. theScreener believes that increased risk justifies the general evaluation downgrade to Neutral. As of the analysis date April 5, 2022, the closing price was U...

Crestwood Equity Partners LP: Acquisition of Oasis Midstream is credit...

Strategic fit of Oasis's operations strengthen Crestwood's competitive position in the Williston Basin and provide longer-term growth opportunities

Moody's upgrades Crestwood's rating to Ba2; stable outlook

Rating Action: Moody's upgrades Crestwood's rating to Ba2; stable outlook. Global Credit Research- 27 Jul 2021. New York, July 27, 2021-- Moody's Investors Service, upgraded Crestwood Equity Partners LP's Corporate Family Rating to Ba2 from Ba3, its Probability of Default Rating to Ba2-PD from Ba3-PD and its preferred units rating to B1 from B2.

Moody's announces completion of a periodic review of ratings of Crestw...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Crestwood Equity Partners LP. Global Credit Research- 30 Jun 2021. New York, June 30, 2021-- Moody's Investors Service has completed a periodic review of the ratings of Crestwood Equity Partners LP and other ratings that are associated with the same analytical unit.

Moody's reviews Crestwood's ratings for upgrade upon Stagecoach divest...

Rating Action: Moody's reviews Crestwood's ratings for upgrade upon Stagecoach divestiture announcement. Global Credit Research- 07 Jun 2021. New York, June 07, 2021-- Moody's Investors Service placed Crestwood Equity Partners LP's and Crestwood Midstream Partners LP's ratings on review for upgrade following Crestwood's announcement that it and its 50% joint venture partner, Consolidated Edison, Inc., had sold their interests in Stagecoach Gas Services LLC, to a subsidiary...

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