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Inergy, L.P. Message Board

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  • rrb1981 rrb1981 Oct 21, 2011 11:55 AM Flag

    What is NRGY worth?

    It has the west coast assets as well as Tres Palacios, which were originally not to be included in the midstream IPO (would only include Appalachian storage and pipelines). Perhaps that has changed with the update, I haven't had time to read it.

    Agreed however, that the backlog of midstream assets to drop down is weak. NRGY might be better trying to merge with someone like Penn Virginia, where they could beef up their exposure in the Marcellus. That would make quite an MLP with coal royalties, propane, storage, pipelines etc.

 

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