Shares are at the low for the last 12 months. How much lower since a big part of their business is propane and propane is out of favor among energy investors.
If you are uncomfortable at these price levels, sell some and see if that makes it better. If it does, sell more.
Nobody has a crystal ball that works- it will come down to the next earnings report due out in early August
$25 and you heard it from me.The only salvation NRGY had was to increase the divvy this quarter. It's too late to save this pos.The chart sows NRGY is a BEAR configuration and that is not good. Those of you who own it an hope for a rally to get out. Forget about the 8% divvy and put your money someplace else.