by a healthy margin of between 30% to 50% for the last 5 years.
Last quarter Net Cash from Operations = $153M and Distributions = $113M
Source = May 4, 2012 Quarterly Report 10-Q
Revenues for the quarter increased from $906M to $1.15 Billion reflecting incremental revs from Heritage and offset by the warmer weather related. As the expenses of the acquisition are worked through APU margins, revenues, and DCF will all increase.
Do you really think that the warmer weather will allow this to happen? Remember the 1.9 billion debt? Just wait for the next results and look at their 2013 budget. You would be better off going to Vegas.
so your investment decision is based on your prediction of warmer weather resulting in declining propane sales. I do concur that climate change is a very real concern. Do you have access to forecasts for temperatures in the US next winter?