Sat, Feb 28, 2015, 1:38 PM EST - U.S. Markets closed


% | $
Quotes you view appear here for quick access.

Inergy, L.P. Message Board

  • mentges mentges Sep 2, 2012 3:50 PM Flag

    Suburban Propane Distribution

    The shares of SPH will essentially be a gift at this point, as NRGY shares have gone down because of the divestment of their large propane business. We now own a smaller company which is focused on their 27% growth area (see quarterly report). Propane is nice - I also own APU, but not a big growth industry. Pipelines are where it is at right now, and NRGY is in the right place. I already own Suburban Propane, and with their addition of NRGY's business should be doing well. The winter is forecast to be colder than normal, so this looks like a win win situation.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Also own SPH and holding both for the very reasons you mentioned. I could add that SPH may take some time to integrate the NRGY purchase as these changes usually bring problems. SPH had a similar problem many years ago when they bought (Agway?). It took them a few years to straighten out, but their share values went from 18 to 55, along with increased dividends. Not bad I say. Hope they don't repeat the same mistakes.

      Good luck!


Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.