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Crestwood Equity Partners LP
CEQP•NYSE
Energy
Oil & Gas Midstream
$28.26
$1.18(4.36%)

The company's financials show resilient growth, with revenue advancing from $1.40B in Q4 2022 to $1.14B in Q3 2023. Gross profit remained healthy with margins at 21% in Q3 2023 compared to 13% in Q4 2022. Operating income hit $67.90M last quarter, sustaining a consistent 6% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at -$12.00M. Net income dropped to -$35.10M, while earnings per share reached -$0.33. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.
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