Crestwood Equity Partners LP posted first-quarter net income that was more than twice what it posted just one quarter earlier, showing its the value of its merger with Kansas City-based Inergy LP in October.
The combined company posted first-quarter net income of $19.6 million, up 136 percent from $8.3 million in the fourth quarter of 2013.
The merger brought together the wellhead gathering and processing expertise of Crestwood Midstream Partners LP, with the storage, transportation and delivery…
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