This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Inergy's CEO Hosts Investor Conference Call (Transcript)

Stocks in this article: NRGY

Inergy L.P. (NRGY)

Investor Conference Call

April 26, 2012 2:00 PM ET


Brooks Sherman – VP and CFO

John Sherman – President and CEO


Brian Zarahn – Barclays

Stephen Maresca – Morgan Stanley

Ronald Londe – Wells Fargo

Jamie Spicer – Wells Fargo

Gabe Moreen – Merrill Lynch

Gary Stromberg – Barclays Capital

Ethan Bellamy – Robert Baird

Noah Lerner – Hartz Capital

Chris Guelph – Shenkman Capital

Byron Wim – Sykes Investment

Mona Yee – Schroder Investment

Andrew Gundlach – First Eagle Investment



Ladies and gentlemen, thank you for standing by and welcome to the Investor Conference Call. (Operator Instructions) Thank you.

I will now turn the conference over to Mr. Brooks Sherman. Please go ahead, sir.

Brooks Sherman

Thank you, Crystal. Good afternoon, everyone, and welcome to our call today. With me on the line is John Sherman, our President and CEO. The format of our call today is that we’ll talk first about the propane transaction that we’ve announced this morning and during that, as well as during our distribution discussion, we’ll be referencing slides that were posted today within the Investor Relations section of our website. And once we talk about the propane transaction, we’ll spend a few minutes on the NRGY distribution that we declared for the quarter ended March 31, 2012.

So, before I turn this over to John, let me just read our forward-looking information. In our discussion today, we may communicate certain forward-looking information. Various risk factors including weather conditions and regulatory proceedings may cause actual results to differ materially from any projections in these forward-looking statements. We provide a detailed discussion of these risk factors and others in our SEC filings and we encourage you to review these filings.

1 of 3

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs