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Inergy, L.P. Message Board

  • ch4_tycoon ch4_tycoon Oct 14, 2010 3:50 PM Flag

    ...news and the merger

    In the news, NRGY completed the Tres Palacios acquisition:

    "Inergy, L.P. (NYSE:NRGY - News) (“Inergy”) announced today that it has completed the previously announced acquisition of the Tres Palacios natural gas storage facility located in Matagorda County, Texas, for approximately $725 million."

    Regarding the proposed merger - perusing the hefty document that was recently mailed out, I see that the pro forma financial case that was given shows DCF to be increasing around 50% from 2011 estimates to 2015 estimates, from $290mil to $440mil. Sounds like a decent future estimated growth trajectory to me. Does anyone know what any other MLP's have projected?

 

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