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Inergy, L.P. Message Board

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  • run35ok run35ok Aug 2, 2012 10:24 PM Flag

    I am looking for yield, would this be a good pick?

    IMHO NRGY is a speculative stock at this point. I took a position for the simple reason that they were getting rid of the propane business which was not working out for them. This leaves them in almost a cash position.

    If they expand their NG operations they could pick up some good pipelines or storage sites cheap because NG is now at a historic low.

    I'm expecting for them to spell out their future plans sooner or later. As for their keeping the going yield: very iffy.

    Good luck.