Inergy, L.P. (NYSE:NRGY)
CAPS Rating:
The Company is engaged primarily in the sale, distribution, storage, marketing, trading, processing and fractionation of propane, natural gas and other natural gas liquids.
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The Company is engaged primarily in the sale, distribution, storage, marketing, trading, processing and fractionation of propane, natural gas and other natural gas liquids.
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Fool UK
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big payout with upside potential.
Does anyone know why NRGY keeps dropping to new lows? Is the div. safe?
it looks like people are concerned about the div. payout ratio (which is high). profits have not been as good as the industry....still i think this is a long term company.