Melissa, Thanks morning today. you. of Thank all you and joining early good for us to
forecast XXXX and really announce you to our pleased We’re results XXXX. for at give our a good look
I the that Reserve, Before to of and of proud Crestwood we do XX-year anniversary partnership acknowledge story. between corporate in and First acquire of formed the First of Barnett with was want Really that over back the summer to Crestwood, partnership partner, Reserve decade. the this the beginning that assets last this XXXX great the general I our begin,
very or operating that best plays network gas company We’ve We’ve best rock that a X,XXX to three shale U.S. produced the close water our of fortunate and been liquids with are locate most economics. producers segments different basins assets in the employees with assembled support premier developing oil across and assets nationwide. around to built a gas We’ve in the supplies the
equity But has we’ve and the change regarding upstream investors decade entire investors, Crestwood value that large improvements common in been our technological real First the been all for Reserve, and constant shifts and shareholders, received our support priority this the of in what to our seen for our throughout investments. commodity in that bond Clearly particularly as have that during investor energy preferences commitment from general significant partner, as period, - and advancements, committed decade, to safety investors. well as we’ve is prices, employees our top our preferred maximize
so in in midstream important I business growth Crestwood our I’ve my our discipline, shows that which XX the leadership drive of our our great next at as I’m peer-leading company always said, throughout business, company, proud Reserve, XX and we think a a good of organization and our today on the of that First the relevant company to a of sustainability takes practice throughout financial and Crestwood lot to customers, the years leadership build team years for how and our different the now of will positioned course general it and partner proud know industry. contractors, is support is we’ve investors. XX ways, we continue here the and based of our employees, appreciate partners, we years
back let’s look XXXX. Now to
that certainly $XXX We EBITDA significant XX% over adjusted to I’m we generated ’XX. pleased that’s milestones. some year-over-year up last announce of million corporate year - achieved
and X.X year full year. growth of for that was the was in Crestwood the X.X have XXXX. out that cash we up times coverage our for over at and times. and cash delivered distributable was for leverage us, levels XX% very X.X is ratios closed the full confidence measure these business, the leverage the million flow, in strong real flow which the year times, Coverage quarter, with was $XXX Our the - fourth At
fourth quarter of experienced by of perform, portfolio the our our increased the the did the value highlight portfolio the all the year. year-over-year during they the diversified segments distribution confidence in that results of we’ve business, year. Because three quarterly of and assembled XXXX three of we midstream Our the all growth X.X% in way
higher Let’s gathering producers the U.S., the premier Basin, Delaware that processing in look got oil-weighted to the Powder in brought drove of We’ve segment. online assets, our particularly the the all some and basins across first as at XXX across River Bakken, West volumes wells Basin and of our and out exposure approximately Texas.
storage and our close assets our a In Colt northeast up North saw hub Marcellus. increase Con in for located our our XX% facility of XX/XX and to storage Edison up loading business partner, of Dakota, with in activity very to arrangement and transportation volumes and that sharing heart segment, the Stagecoach a out transportation important stepped
assets crude market Finally, our conditions of and logistics from unit’s and outperformance came professionals it rail, supply capitalize and and of and storage, the an largest in our NGL favorable to utilized trucking knock network park really from that the terminaling perspective. marketing our out team, marketing, on our assets where portfolio extensive
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of the The and next big the most several completing achievement in processing XXXX assets gathering expansion Arrow in expansions, was importantly the Bakken.
it that, this assets of as important Halpin full approximately Robert year get is you give we to doubt expect build-out, Arrow the $XXX asset of million but going - our in up of a around most over color XXXX, flow we’ll generate XX% to result a that’s no well. out XXXX asset. more making cash As those
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day on we plant fully very last to important for August Den Bear capacity II our us to know, customers per feet to million and We’ve best, North gas Dakota of Dakota. allowing lead you a service, initiative in in on the and unnecessary industry the placed in all help the in Recent our state into system, real cubic increasing processing and As reservation, of lost player XXX the on service the we’re Bakken that not eliminate meetings reducing Arrow state been the emissions. acknowledge the of the that. flaring in and with best one the of government flaring North system, the terms if
gathering XXX,XXX of the the DAPL largest barrels day, oil one gathering being deliverers of to into our DAPL delivered barrels a system, over On the into gathering off side, we XXX,XXX expanded crude day system. Arrow there capacity a
at natural day XXX II. the also capacity cubic of side, have processing to million On of Dean gathering XXX up I about a gas million match and a feet capacity the we Bear day to
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volume segments realize continued right add team when we should so last the upon contract program increase of based effectively and environment, handle signed standpoint. we It’s with sustainability this reservation, allow in us we for of - stewards capacity. there water that to able system be expansion incremental I’m XXXX capacity, in gathering about year we the will to Fortunately the announced safely more want of want that the Enerplus. on protect the growth produced our the volume part full the to the We to the that’s land legacy potential XX% last these produced want pipe in choice growth pipe proud Dakota. water going and replacement our North of of be the water we and system to of increasing making replacing a to produced our of be good solution from forecasted
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also have Colt. connection at We
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let Delaware, on overhang for me our It’s on a before potential talk a third quarter. about move Chesapeake since clearly been I the just Moving the to--well, stock to second.
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us $XX things reimbursements. quarter, credit change. Chesapeake did the well fourth for current No doubt capital following future million Chesapeake’s downgrade connect started in rating pay to and
payment no they’ve fully outstandings with past never guys, We due are and fully reimbursed us. any missed have a those invoices, don’t and up, caught with
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companies and in we which in done through big based just that initiatives, our filed economic employers the that and top on Sustainable global Worldwide initiatives, Knights, a on in we Corporate that of of sustainability sustainability in we in ranks which has U.S., areas where operators announce inaugural was our strong that XXXX communities the report the Canadian quartile pleased the and ranked Most in year operate, community support We last in MLP-leading development their for engagement midstream Global XXX for our to report. Texas Corporations I’m is XXXX that the are we based Crestwood period, operate. June organization
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to color to operations. you year’s to happy turn more it that, last give With on over Robert
