Cypress Energy Partners, L.P. Announces Name Change to Cypress Environmental Partners, L.P.

TULSA, Okla.--(BUSINESS WIRE)--Cypress Energy Partners, L.P. (NYSE:CELP) announced today that it is changing its name to Cypress Environmental Partners, L.P., effective March 16, 2020. This change reflects the fact that Cypress has always been an environmental services company, helping its customers protect the environment with its essential services. The name change should eliminate confusion that the "energy" name created with prospective investors.

On March 16, 2020, CELP's common units will begin trading on the New York Stock Exchange under the new name, but the ticker symbol will remain the same (CELP). In addition to this name change, the names of CELP's General Partner and CELP's primary operating subsidiary will be changed to Cypress Environmental Partners GP, LLC and Cypress Environmental Partners, LLC, respectively. Along with these name changes, CELP is also launching its new website at www.cypressenvironmental.biz.

Contacts

Cypress Energy Partners, L.P. - Jeff Herbers - Chief Financial Officer
[e-mail] or 918-947-5730