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Inergy, L.P. Message Board

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  • rrb1981 rrb1981 Jun 30, 2012 11:40 AM Flag

    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...