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Inergy, L.P.

2010 Press Releases

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2013 | 2012 | 2011 | 2010 | 2009
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12/01/10Inergy to Present at the 9th Annual Wells Fargo Securities Pipeline, MLP and Energy Symposium
KANSAS CITY, Mo., Dec 01, 2010 (BUSINESS WIRE) --Inergy, L.P. (NYSE:NRGY) announced today that John Sherman, President and CEO, will make a presentation at the Ninth Annual Wells Fargo Securities Pipeline, MLP, and Energy Symposium at approximately 1:10 p.m. ET on Tuesday, December 7, 2010, in New York, NY. The presentation materials and live internet webcast may be accessed from Inergy's website at www.inergylp.com just prior to the presentation o... 
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11/29/10Inergy 2010 Annual Report Available Online
KANSAS CITY, Mo., Nov 29, 2010 (BUSINESS WIRE) --Inergy, L.P. (NYSE:NRGY) announced today that its annual report on Form 10-K for the fiscal year ended September 30, 2010, has been filed with the Securities and Exchange Commission and is available on Inergy's website at www.inergylp.com. Upon request, the partnership will provide to any unitholder, without charge, a hard copy of its annual report on Form 10-K for the fiscal year ended September 30, 20... 
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11/29/10Inergy Reports Fiscal 2010 Results and Issues 2011 Guidance; Adjusted EBITDA Increases 10% over Prior Year
Management Conference Call Scheduled for 10:00 a.m. CT Today KANSAS CITY, Mo., Nov 29, 2010 (BUSINESS WIRE) -- Inergy, L.P. (NYSE:NRGY) today reported record results of operations for the fiscal fourth quarter and year ended September 30, 2010. Inergy, L.P. ("Inergy") reported Adjusted EBITDA of $325.6 million for the year ended September 30, 2010, an increase of $28.8 million, or approximately 10%, from $296.8 million for the year ended September 30, 2009. Net income, excluding certain ... 
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11/19/10Inergy Acquires Pennington Gas Service
Expands Retail Propane Operations in Core Markets KANSAS CITY, Mo., Nov 19, 2010 (BUSINESS WIRE) --Inergy, L.P. (NYSE:NRGY) announced today that its wholly-owned subsidiary, Inergy Propane, LLC (the "Company") has purchased all of the propane assets of Pennington Gas Service ("Pennington"), headquartered in Morenci, Michigan. Pennington delivers propane to nearly 15,000 customers from seven locations in Michigan and northwestern Ohio and would rank amon... 
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11/15/10Inergy Schedules Year-End Earnings Conference Call
Fiscal 2010 Earnings to be Released November 29, 2010 KANSAS CITY, Mo., Nov 15, 2010 (BUSINESS WIRE) --Inergy, L.P. (NYSE:NRGY), announced today that it plans to release its 2010 fiscal year-end earnings on Monday, November 29, 2010. Inergy will host a live conference call and internet webcast the same day, at 10:00 a.m. Central Time to discuss the results of operations for the quarter and fiscal year ended September 30, 2010, and its business outlook. The ... 
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11/02/10Inergy Holdings' Investors Approve Merger Transaction
Transaction Results in Simplification of Capital Structure for Inergy KANSAS CITY, Mo., Nov 02, 2010 (BUSINESS WIRE) -- Inergy Holdings, L.P. ("Holdings")(NYSE:NRGP) and Inergy, L.P. ("Inergy")(NYSE:NRGY) announced today that a majority of the unitholders of Holdings have approved the First Amended and Restated Agreement and Plan of Merger, dated as of September 3, 2010, as well as the transactions contemplated by such agreement. At its special unitholder meeting today, 81% of Holdings, or ... 
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10/14/10Inergy Completes Acquisition of Tres Palacios Natural Gas Storage Facility
Opens New Houston Office to Support Commercial Operations KANSAS CITY, Mo., Oct 14, 2010 (BUSINESS WIRE) --Inergy, L.P. (NYSE:NRGY) ("Inergy") announced today that it has completed the previously announced acquisition of the Tres Palacios natural gas storage facility located in Matagorda County, Texas, for approximately $725 million. The Tres Palacios acquisition significantly expands Inergy's natural gas storage operations and adds a new natural gas st... 
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10/08/10Inergy, L.P. Declares Quarterly Cash Distribution
KANSAS CITY, Mo., Oct 08, 2010 (BUSINESS WIRE) --The Board of Directors of Inergy GP, LLC, managing general partner of Inergy, L.P. (NYSE:NRGY), announced that it has declared the Company's quarterly cash distribution of $0.705 per limited partner unit ($2.82 annually) for the quarter ended September 30, 2010. The distribution will be paid on October 29, 2010, to unitholders of record as of October 22, 2010. About Inergy, L.P. Inergy, L.P., with head... 
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09/13/10Inergy, L.P. Prices Private Placement of $600 Million of 7% Senior Notes Due 2018
Completes Long-Term Financing for the Tres Palacios Acquisition KANSAS CITY, Mo., Sep 13, 2010 (BUSINESS WIRE) --Inergy, L.P. (NYSE:NRGY) and its wholly owned subsidiary, Inergy Finance Corp., announced today the pricing of $600 million in aggregate principal amount of senior unsecured notes. The 7% notes mature on October 1, 2018, and were issued at par. The offering is expected to close on September 27, 2010, subject to customary closing conditions. Iner... 
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09/13/10Inergy, L.P. Announces $600 Million Private Placement of Senior Notes Due 2018
KANSAS CITY, Mo., Sep 13, 2010 (BUSINESS WIRE) --Inergy, L.P. (NYSE:NRGY) and its wholly-owned subsidiary Inergy Finance Corp. announced today, subject to market conditions, that they intend to sell in a private placement under Rule 144A to eligible purchasers $600 million in aggregate principal amount of senior unsecured notes due 2018. Inergy, L.P. intends to use the net proceeds from this offering to fund part of the consideration for the Tres Palacios acq... 
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09/10/10Inergy to Present at the 2010 Barclays Capital CEO Energy-Power Conference
KANSAS CITY, Mo., Sep 10, 2010 (BUSINESS WIRE) --Inergy, L.P. (NYSE:NRGY) and Inergy Holdings, L.P. (NYSE:NRGP) announced today that John Sherman, President and CEO, will make a presentation at the 2010 Barclays Capital CEO Energy-Power Conference at approximately 3:00 p.m. ET on Wednesday, September 15, 2010, in New York, NY. The presentation materials and live internet webcast may be accessed from Inergy's website at www.inergylp.com just prior t... 
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09/08/10Inergy, L.P. Announces Pricing of Upsized Common Unit Offering
KANSAS CITY, Mo., Sep 08, 2010 (BUSINESS WIRE) --Inergy, L.P. (NYSE:NRGY) announced today that it has priced, in an underwritten public offering, 10,250,000 common units representing limited partner interests at $35.60 per unit. Inergy, L.P. intends to use the net proceeds from this offering (and the net proceeds from any exercise of the underwriters' option to purchase additional common units) to repay outstanding indebtedness under its revolving gen... 
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09/07/10Inergy, L.P. Announces Public Offering of Common Units
KANSAS CITY, Mo., Sep 07, 2010 (BUSINESS WIRE) --Inergy, L.P. (NYSE:NRGY) announced today the commencement of an underwritten public offering of 8,500,000 common units. Inergy, L.P. also intends to grant the underwriters the option to purchase up to 1,275,000 additional common units to cover over-allotments, if any. Inergy, L.P. intends to use the net proceeds from this offering (and the net proceeds from any exercise of the underwriters' option to purchase ... 
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09/07/10Inergy to Acquire Tres Palacios Natural Gas Storage Facility
Expands Natural Gas Storage Operations; Establishes New Midstream Market Platform KANSAS CITY, Mo., Sep 07, 2010 (BUSINESS WIRE) -- Inergy, L.P.(NYSE:NRGY) ("Inergy") announced today that its wholly owned subsidiary, Inergy Midstream, LLC, has executed a definitive agreement to purchase Tres Palacios Gas Storage LLC, the owner of the Tres Palacios natural gas storage facility, for $725 million plus reimbursement of certain capital expenditures and subject to customary net working capital adj... 
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08/09/10Inergy Reports Record Third Quarter Results
Management Conference Call Scheduled for 9:00 a.m. CT Today KANSAS CITY, Mo., Aug 09, 2010 (BUSINESS WIRE) --Inergy, L.P. (NYSE:NRGY) and Inergy Holdings, L.P. (NYSE:NRGP) today each reported results of operations for the quarter ended June 30, 2010, the third quarter of fiscal 2010. Inergy, L.P. Inergy, L.P. ("Inergy") reported Adjusted EBITDA of $33.5 million for the quarter ended June 30, 2010, an increase of $2.2 million, or approximately 7%, from $31... 
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08/09/10Inergy, L.P. and Inergy Holdings, L.P. Announce Merger Agreement
Transaction Creates a $6 Billion Enterprise Positioned for Future Growth KANSAS CITY, Mo., Aug 09, 2010 (BUSINESS WIRE) --Inergy, L.P. (NYSE:NRGY) and Inergy Holdings, L.P. (NYSE:NRGP) today announced a definitive agreement that, upon completion, will result in the merger of the two partnerships. The merger transaction will be completed with equity consideration and will result in the elimination of NRGY's incentive distribution rights owned by NRGP and... 
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07/26/10Inergy, L.P. Declares Increase in Quarterly Cash Distribution
Fiscal Third Quarter 2010 Earnings to be Released August 9, 2010 KANSAS CITY, Mo., Jul 26, 2010 (BUSINESS WIRE) --The Board of Directors of Inergy GP, LLC, managing general partner of Inergy, L.P. (NYSE:NRGY), today announced an increase in the Company's quarterly cash distribution to $0.705 per limited partner unit ($2.82 annually) for the quarter ended June 30, 2010. This represents the 35th consecutive quarterly increase and an approximate 6.0% increase over... 
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07/08/10Inergy Executes Binding Transportation Agreements on MARC I Hub Line
Enhancing Connectivity and Storage Solutions in the Northeast Natural Gas Market KANSAS CITY, Mo., Jul 08, 2010 (BUSINESS WIRE) --Inergy, L.P. (NYSE:NRGY) ("Inergy") announced today that its wholly owned, regulated subsidiary Central New York Oil And Gas Company, LLC ("CNYOG") has executed the binding precedent agreements necessary for the filing of regulatory applications and construction of the previously announced MARC I Hub Line Project. Inergy... 
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05/05/10Inergy to Present at the 2010 Master Limited Partnership Investor Conference
KANSAS CITY, Mo., May 05, 2010 (BUSINESS WIRE) --Inergy, L.P. (NYSE: NRGY) and Inergy Holdings, L.P. (NYSE: NRGP) announced today that John Sherman, President and CEO, will make a presentation at the 2010 Master Limited Partnership Investor Conference at approximately 11:15 a.m. ET on Wednesday, May 12, 2010, in Greenwich, Conn. The presentation materials and live Internet webcast may be accessed from Inergy's website at www.inergylp.com just prior... 
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05/04/10Inergy Reports Record Second Quarter Results
Management Conference Call Scheduled for 10:00 a.m. CT Today KANSAS CITY, Mo., May 04, 2010 (BUSINESS WIRE) --Inergy, L.P. (NYSE: NRGY) and Inergy Holdings, L.P. (NYSE: NRGP) today each reported results of operations for the quarter ended March 31, 2010, the second quarter of fiscal 2010. Inergy, L.P. Inergy, L.P. ("Inergy") reported Adjusted EBITDA of $155.0 million for the quarter ended March 31, 2010, an increase of $14.9 million, or approximately 11% fr... 
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04/26/10Inergy, L.P. Declares Increase in Quarterly Cash Distribution
Fiscal Second Quarter 2010 Earnings to be Released May 4, 2010 KANSAS CITY, Mo., Apr 26, 2010 (BUSINESS WIRE) --The Board of Directors of Inergy GP, LLC, managing general partner of Inergy, L.P. (NYSE:NRGY), today announced an increase in the company's quarterly cash distribution to $0.695 per limited partner unit ($2.78 annually) for the quarter ended March 31, 2010. This represents the 34th consecutive quarterly increase and an approximate 6.1% increase over ... 
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03/03/10Inergy, L.P. Announces Plan to List on the New York Stock Exchange
KANSAS CITY, Mo., Mar 03, 2010 (BUSINESS WIRE) -- Inergy, L.P. (Nasdaq: NRGY) announced today that it has filed an application to list its common units on the New York Stock Exchange ("NYSE"). The Partnership anticipates that its common units will begin trading on the NYSE under its current ticker "NRGY" on or about March 24, 2010. Until that time, the Partnership's common units will continue to trade on the Nasdaq under the symbol "NRGY." "Inergy's move to the NYSE positions us more closely w... 
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02/24/10Inergy, L.P. 2009 K-1 Tax Packages Now Available
KANSAS CITY, Mo., Feb 24, 2010 (BUSINESS WIRE) -- Inergy, L.P. (Nasdaq:NRGY) announced today its 2009 tax packages, including the Schedule K-1, are now available online and may be accessed through the Inergy website at www.inergylp.com. The partnership expects to complete mailing of the 2009 tax packages to all unitholders by Monday, March 1, 2010. For additional information, unitholders may call the K-1 Tax Package Support hotline toll-free at 800... 
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02/16/10Inergy Executes Binding Commercial Agreements on North-South Project
KANSAS CITY, Mo., Feb 16, 2010 (BUSINESS WIRE) -- Inergy, L.P. (NASDAQ: NRGY) ("Inergy") announced today that its wholly owned, regulated subsidiary Central New York Oil And Gas Company, LLC ("CNYOG") has executed the binding precedent agreements necessary for the filing of regulatory approvals and construction of the previously announced North-South Project. The North-South Project is expected to provide firm wheeling services to shippers desiring to move natural gas volumes bi-directionally ... 
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02/02/10Inergy Reports Solid First Quarter Results
Management Conference Call Scheduled for 10:00 a.m. CT TodayKANSAS CITY, Mo., Feb 02, 2010 (BUSINESS WIRE) -- Inergy, L.P. (NASDAQ: NRGY) and Inergy Holdings, L.P. (NASDAQ: NRGP) today each reported results of operations for the quarter ended December 31, 2009, the first quarter of fiscal 2010. Inergy, L.P. Inergy, L.P. ("Inergy") reported Adjusted EBITDA of $106.3 million for the quarter ended December 31, 2009, an increase of $4.3 million, or approximately 4% ... 
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01/25/10Inergy, L.P. Declares Increase in Quarterly Cash Distribution
Fiscal First Quarter 2010 Earnings to Be Released February 2, 2010KANSAS CITY, Mo., Jan 25, 2010 (BUSINESS WIRE) -- The Board of Directors of Inergy GP, LLC, managing general partner of Inergy, L.P. (Nasdaq:NRGY), today announced an increase in the Company's quarterly cash distribution to $0.685 per limited partner unit ($2.74 annually) for the quarter ended December 31, 2009. This represents the 33rd consecutive quarterly increase and an approximate 6.2% increase... 
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01/20/10Inergy, L.P. Prices Common Unit Offering
KANSAS CITY, Mo., Jan 20, 2010 (BUSINESS WIRE) -- Inergy, L.P. (Nasdaq:NRGY) announced today that it has priced, in an underwritten public offering, 5,000,000 common units representing limited partner interests at $36.25 per unit. Inergy, L.P. intends to use the net proceeds from this offering (and the net proceeds from any exercise of the underwriters' option to purchase additional common units) to repay outstanding indebtedness under its revolving gener... 
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01/19/10Inergy, L.P. Announces Public Offering of Common Units
KANSAS CITY, Mo., Jan 19, 2010 (BUSINESS WIRE) -- Inergy, L.P. (Nasdaq:NRGY) announced today the commencement of an underwritten public offering of 4,500,000 common units. Inergy, L.P. also intends to grant the underwriters the option to purchase up to 675,000 additional common units to cover over-allotments, if any. Inergy, L.P. intends to use the net proceeds from this offering (and the net proceeds from any exercise of the underwriters' option to purchase additional common units) to repay o... 
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01/14/10Inergy, L.P. Annual Report Available Online
KANSAS CITY, Mo., Jan 14, 2010 (BUSINESS WIRE) -- Inergy, L.P. (NASDAQ:NRGY) announced today that its annual report to unitholders, which includes its annual report on Form 10-K for the fiscal year ended September 30, 2009, is available on Inergy's Web site at www.InergyLP.com. Upon request, the partnership will provide to any unitholder, without charge, a hard copy of its annual report for the fiscal year ended September 30, 2009. Requests should be dire... 
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01/11/10Inergy to Acquire Seneca Lake Gas Storage in New York State
Accelerates Northeast Natural Gas Hub StrategyKANSAS CITY, Mo., Jan 11, 2010 (BUSINESS WIRE) -- Inergy, L.P. (NASDAQ:NRGY) announced today that its wholly-owned subsidiary, Inergy Midstream, LLC ("Inergy"), has executed a definitive agreement to purchase the Seneca Lake natural gas storage facility located in Schuyler County, New York, ("Seneca Lake") and two related pipelines for approximately $65 million from New York State Electric & Gas Corporation... 
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01/04/10Inergy Acquires Liberty Propane and Agrees to Acquire MGS Corporation
Combinations Create the 4th Largest Propane Retailer in the United StatesKANSAS CITY, Mo., Jan 04, 2010 (BUSINESS WIRE) -- Inergy, L.P. (Nasdaq:NRGY) announced today that its wholly-owned subsidiary, Inergy Propane, LLC (the "Company") has purchased all of the partnership interests in Liberty Propane, L.P. ("Liberty") for approximately $223 million, including an estimated assumed tax liability. Also, in a separate transaction, the Company signed a definitive agre... 
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