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Crestwood Midstream Partners Lp (CMLP) [hlAlert]

Rating:
Long-term Buy
CMLP
down 72.75 %

Crestwood Midstream Partners LP (CMLP) rated Long-term Buy with price target $35 by Hilliard Lyons

Posted on: Tuesday,  Feb 28, 2012  3:25 PM ET by Hilliard Lyons

Hilliard Lyons rated Long-term Buy Crestwood Midstream Partners LP (NYSE: CMLP) on 02/28/2012. Previously Hilliard Lyons rated Buy Crestwood Midstream Partners LP (NYSE:
CMLP) on 09/26/2011., when the stock price was $26.17. Since then, Crestwood Midstream Partners LP has lost 72.76% as of 09/30/2016's recent price of $7.13.
If you would have followed the previous Hilliard Lyons's recommendation on CMLP, you would have lost 72.75% of your investment in 1831 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 Price at the time of the recommendation.
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