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joemony



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Msg  24583 of 30460  at  5/1/2012 2:23:59 PM  by

Metal27


Thoughts on NRGY

Now trading at about $19, with new distribution level set at $1.50, I believe, and the prospect of receiving about .11 share of SPH for every share of NRGY SPH now at about $42). Rough reckoning tells me I'll end up with a midstream storage MLP with cash to spend and a current distribution and in the range of 10% after all is said and done. Where am I wrong?

No question NRGY management keeps their feet moving!


 
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Msg # Subject Author Recs Date Posted
24586 Re: Thoughts on NRGY moneyonomics 1 5/1/2012 3:06:59 PM


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