I am looking for yield, would this be a good pick?
You could do worse.
Inergy is in the recovery phase after a roller coaster ride due to propane prices.
They are in the process of divesting their propane ops to Suburban Propane. That will leave them as a pure play midstream company. They own the incentive distribution rights and about 75% of NRGM plus some assets at NRGY level.
Long term this is shaping up to be a nice distribution growth story..but first, they have to see if they can complete the SPH deal which looks like it is struggling...