Inergy Reports Quarterly, Fiscal Year Profit Gains

Inergy, L.P. on Tuesday reported higher profits for both its fourth quarter and fiscal year.

The Kansas City-based limited partnership, whose assets include natural gas storage and transportation facilities, earned $543.2 million in the final quarter of its fiscal year, up from a loss of $50.2 million in the year-earlier quarter.

For the year, Inergy earned $565.9 million, compared with a $10.6 million loss a year ago. Read more on Kansas City Star.

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