Inergy, L.P. (NYSE:NRGY)

high dividend

big payout with upside potential.

high dividends

The company underperformed as compared with the industry average of 38.7%. Since the same quarter one year prior, revenues rose by 33.3%. INERGY LP has exprienced a steep decline in earnings per share in the most recent quarter in comparison to its performance from the same quarter a year ago.

Dividends again.

TW

NRGY is one of the fastest growing MLP's in the US. It is often misunderstood and tied too closely to commodity fluctuations. It continues to buy infrastructure- therefor it's income is largely fee based. These guys have integrity, are highly driven, and have put together a team like no other. NRGY has continued to grow the company even in this ugly environment. I look for the stock to go as high as 45-50 in the next year, while continuing to increase it's dividend.

Rising price, new storage, to good to be true. Make it $70 this year.

Energy - Strong Yield is good for uncertainty.

Although their debt is pretty huge with a LTD-assets ratio at 1.2, they have fantastic revenue, a solid profit margin and a large stake in their industry. Although the company is trading a little over it's head at the moment, the projected earnings through 2011 with more than 100% earnings growtch more than make up for the current shortcomings. I can see the uptrend in Inergy continue for at least a few more years until they run out of room to grow or their profit margin falls to industry standards.

Gas will be our next fuel spike. We will convert to CNG/LNG for transportation. Propane use will go up. The infrastructure for this is growing. I'll take the dividend.

Very high dividend yield

Huge Dividend yield, Cramer Recommendation, to play propane

income generating

yield

They have their hands in just about every phase of natural gas...I particularly like the home retail business. They just keep raising their dividend, which is normally a sign that management feels they have a growing business.

This company was individually screened to verify that during the boom years ('04-'08), their Balance Sheet expansion appeared excessive or at the very least aggressive. At some point or another, something's gotta give with this company. Income will start collapsing due to debt levels, and/or dividends will be slashed or removed, and/or significant losses will be realized. The chances of this being a growth company or having significant growth is heavily muted due to its dividend paying obligations at the current levels of today.
This company was personally found after using a screener. The screener yielded many companies that often relate to the energy/commodity industry, or FIRE (financial insurance real estate).

google screener options:
Market cap over 400M
Dividend yield over 2%
1 Year price change better than -35%
price to book 0.9 or higher
total debt/assets (recent qtr) greater than 50%
total debt/equity (recent qtr) greater than 50%
13 week price change greater than 10%

After individually screening for companies appearing overvalued due to Balance sheet expansion, it yielded the following stocks to short:
EPE NRGP NRGY OFC EV EPB CNK ASCA MAA EVR

For the heavy shorting within the energy sector as part of the above picks, I will offset them with the following longs relating to energy/commodities:
LONG on PBT, BPT, SJT, GCC

Actually started accumulating share of this in 2004 at $22. Has increased dividend every quarter for 28 straight quarters. Caught it low in Dec 08/Jan 09 and loaded up on more shares. Recouped all my losses for the year with this one purchase, and got another dividend payment in Feb to ice the cake. Suggest others study this, and other MLP's for steady income from sound energy-related middlemen. They make their money on throughput, and generate great cashflow.

*IF* the pres gets his way and CNG vehicles start becoming more widely available, there will need to be some type of infrastructure put in place to fuel them.