Beverly Hills 12/1/2009 3:48:26 AM
News / Business

More Losses in 4Q, Inergy Reports

Finance World News Update by EQUITIES Magazine

From one year ago, propane distributor Inergy L.P. said its fourth-quarter loss widened.

 

Excluding a distribution to the limited partners, Inergy said it lost $32.8 million for the quarter compared with $33.1 million in the year-ago quarter.

 

The company’s assets are made up of its ownership interest in Inergy L.P., including limited partnership interests, ownership of general partners and the incentive distribution rights.

 

Inergy Holdings' shares rose 13 cents to $53.59 in trading Monday afternoon.

 

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