Crestwood Equity Partners LP said its acquisition of Oasis Midstream Partners LP, coupled with robust natural gas and oil prices, helped it drive strong first-quarter results.

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The Houston-based company expects continued momentum. It said key gathering and processing assets leveraged to higher producer activity in the Williston, Delaware and Powder River Basins in the second and third quarters would drive steady volumes through the second half of this year and into 2023.

Results “were positively impacted by better-than-expected contributions from the Oasis Midstream Williston Basin assets, significant volume growth on our Delaware Basin assets” and “upside from favorable commodity prices across our Arrow and Barnett systems,” CEO Robert Phillips said last week after...