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Crestwood Midstream Partners Lp (CMLP) [hlAlert]

Rating:
Outperform
CMLP
down 66.49 %

Crestwood Midstream Partners LP (CMLP) rated Outperform by Robert W. Baird

Posted on: Thursday,  Nov 21, 2013  8:25 AM ET by Robert W. Baird

Robert W. Baird rated Outperform Crestwood Midstream Partners LP (NYSE: CMLP) on 11/21/2013, when the stock price was $21.28.
Since then, Crestwood Midstream Partners LP has lost 66.49% as of 09/30/2016's recent price of $7.13.
If you would have followed this Robert W. Baird's recommendation on CMLP, you would have lost 66.49% of your investment in 1044 days.

Quicksilver Gas Services LP is engaged in the business of gathering and processing natural gas and natural gas liquids (NGLs). As of December 31, 2008, the Company?s primary assets were comprised of a pipeline system located in the southern portion of the Fort Worth Basin (Cowtown Pipeline), in North Texas and two natural gas processing facilities located in Hood County, Texas, (Cowtown Plant) and the Corvette Plant. Quicksilver Gas Services LP provides gathering and processing services to Quicksilver Resources Inc. (Quicksilver), the owner of the Company?s general partner, as well as other natural gas producers in this area. These services are provided under fee-based contracts, whereby the Company receives fixed fees for performing the gathering and processing services. Quicksilver Gas Services does not take title to the natural gas or associated natural gas liquids that it gathers and processes and thus avoids direct commodity price exposure.

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Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/21/2012 8:25 AM Hold
None
22.91 25.00
as of 12/13/2013
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/25/2012 8:25 AM Buy
None
19.59 24.00

(*) Stock Price at the time of the recommendation.
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