Inergy, L.P. Message Board

have announced anywhere from Jan 24 to Jan 26 since 2007, so not unusual at this point

clue comes from $750 m debt refi
on how they make distribution

“These financing transactions improve our long-term cost of capital, extend our debt maturity profile, increase our balance sheet flexibility, and are accretive to distributable cash flow,”

Don't forget the fact that the Placos acquisition provides diversity and an entry point in to a growing market (Natural Gas storage)

I'm actually surprised that management was able to maintain the distro given the recent dilution and acquisition.

I firmly believe that NRGY provides the rare combination of high growth and income.