Midstream Operations Give Inergy LP an Edge in Fiscal Year 2010
Midstream Operations Give Inergy LP an Edge in Fiscal Year 2010
SUGAR LAND--November 30, 2010--Researched by Industrial Info Resources (Sugar Land, Texas)--On Monday, propane and midstream natural gas company Inergy LP (NYSE:NRGY) (Kansas City, Missouri) reported fourth-quarter and full-year results for the company's 2010 fiscal year, which ended September 30, 2010. Inergy reported earnings before interest, taxes, depreciation and amortization (EBITDA) of $325.6 million for the year, up almost 10% from the 2009 fiscal year. Currently, Industrial Info is tracking more than $290 million worth of gas transmission projects belonging to Central New York Oil and Gas Company LLC (Owego, New York), a subsidiary of Inergy LP, including construction of the Marc I Hub natural gas pipeline. Information on this and other Oil & Gas Terminals and Transmission projects can be found in Industrial Info's North American Project Database.
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