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Inergy Midstream LLC Message Board

  • bjfcpainc bjfcpainc Jan 25, 2013 8:16 AM Flag

    NRGM underperforms the bigger better financed logistics players

    NRGM's Baaken assets will not gain the scale of PAA that is adding massive capacity of all kinds in the Baaken. PAA has been doing logitistics for over 20 years and they generate huge accretiveness every time they acquire logistics assets. NRGM will not be able to grow itself fast enough in the Baaken to play big with PAA that also has significant Canadian assets just a stone's throw away from Baaken.