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Inergy, L.P.

2009 Press Releases

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DateTitle 
12/02/09Inergy to Present at the 8th Annual Wells Fargo Pipeline and MLP Symposium
KANSAS CITY, Mo.--(BUSINESS WIRE)--Dec. 2, 2009-- Inergy, L.P. (Nasdaq:NRGY) and Inergy Holdings, L.P. (Nasdaq:NRGP) announced today that John Sherman, President and CEO, will make a presentation at the Eighth Annual Wells Fargo Pipeline and MLP Symposium to be held December 8 at the New York Palace Hotel in New York, NY. The presentation materials and live internet webcast may be accessed from Inergy’s website at www.inergypropane.com at appr... 
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11/30/09Inergy to Present at the Bank of America Merrill Lynch Credit Conference
KANSAS CITY, Mo.--(BUSINESS WIRE)--Nov. 30, 2009-- Inergy, L.P. (Nasdaq:NRGY) announced today that members of management will make a presentation at the 2009 Bank of America Merrill Lynch Credit Conference at approximately 7:50 a.m. ET on Wednesday, December 2, 2009, in New York City. The presentation materials and live internet webcast may be accessed from Inergy’s website at www.inergypropane.com just prior to the presentation on Wednesday, Decembe... 
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11/30/09Inergy Reports Record Results and Issues 2010 Guidance Adjusted EBITDA Increases 24% Over Prior Year
Management Conference Call Scheduled for 10:00 a.m. CT Today KANSAS CITY, Mo.--(BUSINESS WIRE)--Nov. 30, 2009-- Inergy, L.P. (NASDAQ:NRGY) and Inergy Holdings, L.P. (NASDAQ:NRGP) today each reported record results of operations for the fiscal fourth quarter and year ended September 30, 2009. Inergy, L.P. Inergy, L.P. (“Inergy”) reported Adjusted EBITDA of $296.8 million for the year ended September 30, 2009, an increase... 
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11/24/09Inergy Announces Closing of New Four-Year Revolving Credit Facility
KANSAS CITY, Mo.--(BUSINESS WIRE)--Nov. 24, 2009-- Inergy, L.P. (Nasdaq: NRGY) announced today that it has closed a new $525 million four-year senior secured revolving credit facility. The new credit facility replaces Inergy’s old facility that was due to mature in November 2010. The syndicated transaction was led by J.P. Morgan Securities, Inc.; Wells Fargo Securities, LLC; and Banc of America Securities, LLC, each serving as joint lead arranger and... 
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10/26/09Inergy, L.P. Declares Increase in Quarterly Cash Distribution
Fiscal 2009 Earnings to be Released November 30, 2009 KANSAS CITY, Mo.--(BUSINESS WIRE)--Oct. 26, 2009-- 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 $0.675 per limited partner unit ($2.70 annually) for the quarter ended September 30, 2009. This represents the 32nd consecutive quarterly increase and an appro... 
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09/10/09Inergy to Present at the 2009 MLP Investor Conference
KANSAS CITY, Mo.--(BUSINESS WIRE)--Sep. 10, 2009-- Inergy, L.P. (Nasdaq:NRGY) and Inergy Holdings, L.P. (Nasdaq:NRGP) announced today that John Sherman, President and CEO, will make a presentation at the 2009 Master Limited Partnership Investor Conference at approximately 10:45 a.m. ET on Wednesday, September 16, 2009, in Greenwich, CT. The presentation materials and live internet webcast may be accessed from Inergy’s website at www.inergypropane.com... 
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08/26/09Inergy Announces Successful Open Seasons for Northeast Pipeline Projects
Enhancing Connectivity by Bringing the Market to the Marcellus KANSAS CITY, Mo.--(BUSINESS WIRE)--Aug. 26, 2009-- Inergy, L.P. (NASDAQ: NRGY) announced today that its wholly-owned subsidiary, Inergy Midstream, LLC (“Inergy”), has received indications of interest exceeding 400% of the capacity required to construct the 43-mile Marc I Hub Line and indications of interest exceeding 600% of the capacity required to construct the North-South Proje... 
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08/06/09Inergy, L.P. Prices Common Unit Offering
KANSAS CITY, Mo.--(BUSINESS WIRE)--Aug. 6, 2009-- Inergy, L.P. (Nasdaq:NRGY) announced today that it has priced, in an underwritten public offering, 3,500,000 common units representing limited partner interests at $27.80 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 ... 
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08/05/09Inergy, L.P. Announces Public Offering of Common Units
KANSAS CITY, Mo.--(BUSINESS WIRE)--Aug. 5, 2009-- Inergy, L.P. (Nasdaq:NRGY) announced today the commencement of an underwritten public offering of 3,500,000 common units. Inergy, L.P. also intends to grant the underwriters the option to purchase up to 525,000 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&#... 
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08/04/09Inergy Reports Record Results
Third Quarter Adjusted EBITDA Up Approximately 42% Over Prior Year Management Conference Call Scheduled for 10:00 a.m. CT Today KANSAS CITY, Mo.--(BUSINESS WIRE)--Aug. 4, 2009-- Inergy, L.P. (NASDAQ:NRGY) and Inergy Holdings, L.P. (NASDAQ:NRGP) today each reported record results of operations for the quarter ended June 30, 2009, the third quarter of fiscal 2009. Inergy, L.P. Inergy, L.P. (“Inergy”) reported Adjusted EBITDA of $31.3 mill... 
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07/27/09Inergy Announces Two Non-Binding Open SeasonsMARC I Hub Line and North-South Project
Providing Enhanced Connectivity to the Northeast Natural Gas MarketKANSAS CITY, Mo., Jul 27, 2009 (BUSINESS WIRE) -- Inergy, L.P. (NASDAQ: NRGY) announced today that its wholly-owned subsidiary, Inergy Midstream, LLC ("Inergy"), is conducting two non-binding Open Seasons. The first Open Season is for the "MARC I Hub Line Project," and the second is for the "North-South Project." Together, these projects would allow shippers to wheel gas bi-directionally on... 
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07/27/09Inergy, L.P. Declares Increase in Quarterly Cash Distribution
Fiscal Third Quarter Earnings to be Released August 4, 2009 KANSAS CITY, Mo.--(BUSINESS WIRE)--Jul. 27, 2009-- 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 $0.665 per limited partner unit ($2.66 annually) for the quarter ended June 30, 2009. This represents the 31st consecutive quarterly increase and an approximate 6.4% i... 
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05/06/09Inergy Reports Record Earnings
Adjusted EBITDA Up Nearly 25% for the Year Management Conference Call Scheduled for 10:00 a.m. CT Today KANSAS CITY, Mo.--(BUSINESS WIRE)--May. 6, 2009-- Inergy, L.P. (NASDAQ:NRGY) and Inergy Holdings, L.P. (NASDAQ:NRGP) today each reported record results of operations for the quarter ended March 31, 2009, the second quarter of fiscal 2009. Inergy, L.P. Inergy, L.P. (“Inergy”) reported Adjusted EBITDA of $140.1 million for the q... 
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04/27/09Inergy, L.P. Declares Increase in Quarterly Cash Distribution
Fiscal Second Quarter Earnings to be Released May 6, 2009 KANSAS CITY, Mo.--(BUSINESS WIRE)--Apr. 27, 2009-- 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 $0.655 per limited partner unit ($2.62 annually) for the quarter ended March 31, 2009. This represents the 30th consecutive quarterly increase and an approximate 6.5% increase o... 
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03/24/09Inergy Prices Common Unit Offering
Raises Over $283 Million in New Capital This Year KANSAS CITY, Mo.--(BUSINESS WIRE)--Mar. 24, 2009-- Inergy, L.P. (Nasdaq:NRGY) announced today that it has priced, in an underwritten public offering, 4,000,000 common units representing limited partner interests at $22.30 per unit. With this common unit offering, and the previously completed senior unsecured notes offering, Inergy will have raised over $283 million in new equity and debt capital sinc... 
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03/23/09Inergy, L.P. Announces Public Offering of Common Units
KANSAS CITY, Mo.--(BUSINESS WIRE)--Mar. 23, 2009-- Inergy, L.P. (Nasdaq:NRGY), announced today the commencement of an underwritten public offering of 4,000,000 common units. Inergy, L.P. also intends to grant the underwriters the option to purchase up to 600,000 additional common units to cover over-allotments, if any. Inergy, L.P. intends to use the net proceeds from this offering to repay outstanding indebtedness under its revolving working... 
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03/12/09Small Fire Contained and Extinguished at Inergy's Tupman, CA Location
KANSAS CITY, Mo.--(BUSINESS WIRE)--Mar. 12, 2009-- Inergy, L.P. (NASDAQ:NRGY) announced today that at approximately 6:44 p.m. Wednesday night, it experienced a fire within one of its process heaters at its existing North Coles Levee fractionation unit in Tupman, CA. Plant personnel and emergency responders from the Kern County Fire Department and Kern County Environmental Health Department responded immediately. Since the fire was contained within th... 
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02/04/09Inergy Reports Record First Quarter Earnings and Raises 2009 Outlook
Distributable Cash Flow Up 46% KANSAS CITY, Mo.--(BUSINESS WIRE)-- Inergy, L.P. (NASDAQ:NRGY) and Inergy Holdings, L.P. (NASDAQ:NRGP) today each reported record results of operations for the quarter ended December 31, 2008, the first quarter of fiscal 2009. Inergy, L.P. Inergy, L.P. (“Inergy”) reported Adjusted EBITDA of $102.0 million for the quarter ended December 31, 2008, an increase of $27.9 million, or approximately 38% ... 
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01/28/09Inergy, L.P. Prices Private Placement of $225 Million of 8¾% Senior Notes Due 2015
KANSAS CITY, Mo.--(BUSINESS WIRE)-- Inergy, L.P. (Nasdaq:NRGY) and its wholly-owned subsidiary, Inergy Finance Corp., announced today the pricing of $225 million of senior notes. The offering size was increased to $225 million from $200 million. The 8¾% notes mature on March 1, 2015, and were priced at 90.191% of the principal amount to yield 11%. The offering is expected to settle and close on February 2, 2009, subject to customary closing co... 
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01/28/09Inergy, L.P. Announces $200 Million Private Placement of Senior Notes Due 2015
KANSAS CITY, Mo.--(BUSINESS WIRE)-- Inergy, L.P. (NASDAQ:NRGY) and its wholly-owned subsidiary Inergy Finance Corp. announced today that they intend to sell in a private placement under Rule 144A to eligible purchasers $200 million in aggregate principal amount of senior unsecured notes due 2015. Inergy, L.P. intends to use the net proceeds from the private placement to repay borrowings under its existing revolving acquisition credit f... 
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01/26/09Inergy, L.P. Declares Increase in Quarterly Cash Distribution
Fiscal First Quarter Earnings to be Released February 4, 2009 KANSAS CITY, Mo.--(BUSINESS WIRE)--Jan. 26, 2009--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 $0.645 per limited partner unit ($2.58 annually) for the quarter ended December 31, 2008. This represents the 29th consecutive quarterly increase and an approximate 6.6% increase ov... 
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