Inergy, L.P. Message Board
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Is Inergy the next energy takeover target
Strong potential revenue as weather cools make sInergy a great takeover target at the current market value. I predict an offer of $27/share in 2012.
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May I kindly ask who are you and why would you make a comment like this? Take over? $27 per share? Are you a professional trader or a hedge fund with some kind of real information? Or did you get screwed like me by a company with a spineless CEO who won't calm the shareholders by making some kind of statement. Hell, dirty 100 share at a time tick traders could drive this stock to $12 if someone doesn't do something at NRGY management. As far as I can tell they have the worst management in the business and maybe any business. Someone please say something!
- 4 Replies to krr711
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Krr71 ...No Panic and don't sell off this one will 54.00 or up in few days .Gluck
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You whine like a little girl.
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Yes. No. Patience!
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Yes, even a moderately competent management team would understand that uncertainty is their worst enemy.
They don't even need to announce the exact distribution amount -- just a possible range. $0.35 to $0.40, $0.40 to $0.50?
Hellooooooooo?! Management?!!!
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We can only hope/
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Better strategy for the company is to break off propane and distribution into two separate firms. Sell the propane and the salt works.
- 1 Reply to AE_Savant
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NRGY would be better served to turn itself into a GP MLP with an IDR carry in the underlying LPs. They have this arrangement with NRGM. Perhaps they could do the same with the propane operations. The Salt business just needs to be sold..... GP MLPs typically trade at 5% yields or lower......
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The recent action suggests that something good is happening.
- 1 Reply to norbertdt
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The likely completion of the Suburban Propane transaction is very important for Inergy.
If/when it is completed, it will leave them holding the West Coast NGL ops, Tres Palacios and the wholesale propane ops as well as 75% of NRGM and the IDRs.
You can take it to the bank that NRGY will eventually drop the NGL and wholesale propane ops into NRGM. They will likely drop Tres as well but hard to say when.
If/when NRGM makes some big acquisitions...the market will realize how valuable NRGY's IDRs are!
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