This Move Could Send Inergy, L.P. (NRGY) Earnings Soaring

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Inergy also completed the distribution of 56.4 million Inergy Midstream units to its own unitholders in June. The move streamlined the Crestwood transaction, allowing parent Crestwood Holdings to acquire Inergy’s general partner. Several moves remain, but the companies expect to complete the transaction during this quarter.

In the Inergy earnings report, watch to see what the MLP says about the status of the merger and the strategic vision for its future. As long as domestic energy production continues to thrive, the combined midstream entity should have plenty of opportunities to see earnings grow well into the future.

The article This Move Could Send Inergy Earnings Soaring originally appeared on Fool.com and is written by Dan Caplinger.

Fool contributor Dan Caplinger has no position in any stocks mentioned, and neither does The Motley Fool. You can follow Dan on Twitter @DanCaplinger.

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