I trade through Scott trade and I can only get earnings back to 2010. Maybe the elite which I never use gives a more in depth earnings chart. For 2010 and 2011 3rd and fourth quarter earnings were negative. First quarter of following years were positive. Is this a normal earnings trend for this stock? Thoughts
Forget earrings and look at distributable cash flow. Right now NRGY does not have enough DCF to cover the current distribution, so many expect that they will cut the distribution. That is the reason for the price weakness. Some analysts think this is temporary and that NRGY will soon see increased DCF from midstream operations, which could make up for the poor performance of the propane business. I am holding onto my shares, and hoping this is the case.