Finance & Investing | Capital Markets
Inergy LP Tags $260MM Guidance for 2013
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Inergy LP and Inergy Midstream LP has reported adjusted EBITDA guidance for fiscal 2013. Inergy's consolidated Adjusted EBITDA guidance is expected to be approximately $260 million for the full fiscal year ended September 30, 2013.
Inergy’s consolidated Adjusted EBITDA includes the previously announced Inergy Midstream Adjusted EBITDA guidance of approximately$180 million for fiscal 2013, which includes the expected results from Inergy Midstream’s pending acquisition of Rangeland Energy, LLC. Tables reconciling Adjusted EBITDA to Net Income appear below.
Inergy also expects consolidated growth capital expenditures associated with its previously disclosed midstream expansion projects to be approximately $100 to $130 million in fiscal 2013. This range includes expected Inergy Midstream…
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