GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Inergy Midstream LP (NYSE:NRGM) » Definitions » 6-1 Month Momentum %

Inergy Midstream LP (Inergy Midstream LP) 6-1 Month Momentum % : N/A% (As of Apr. 27, 2024)


View and export this data going back to . Start your Free Trial

What is Inergy Midstream LP 6-1 Month Momentum %?

6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-04-27), Inergy Midstream LP's 6-1 Month Momentum % is N/A%.

The industry rank for Inergy Midstream LP's 6-1 Month Momentum % or its related term are showing as below:

NRGM's 6-1 Month Momentum % is not ranked *
in the Oil & Gas industry.
Industry Median: 0.31
* Ranked among companies with meaningful 6-1 Month Momentum % only.

Competitive Comparison of Inergy Midstream LP's 6-1 Month Momentum %

For the Oil & Gas Midstream subindustry, Inergy Midstream LP's 6-1 Month Momentum %, along with its competitors' market caps and 6-1 Month Momentum % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Inergy Midstream LP's 6-1 Month Momentum % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Inergy Midstream LP's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Inergy Midstream LP's 6-1 Month Momentum % falls into.



Inergy Midstream LP  (NYSE:NRGM) 6-1 Month Momentum % Calculation

6-1 Month Momentum % is calculated as following:

6-1 Month Momentum %=( Price 1-month ago / Price 6-month ago - 1 ) * 100 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Inergy Midstream LP  (NYSE:NRGM) 6-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 6-1 Month Momentum % measures the total return to a stock over the past six months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.


Inergy Midstream LP 6-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of Inergy Midstream LP's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.


Inergy Midstream LP (Inergy Midstream LP) Business Description

Traded in Other Exchanges
N/A
Address
Crestwood Midstream Partners LP, formerly known as Inergy Midstream, L.P., is a Delaware limited partnership formed in November 2011. The Company develops, acquires, owns and operates fee-based assets and operations within the energy midstream sector. The Company owns and operates a diversified portfolio of crude oil and natural gas gathering, processing, storage and transportation assets that connect energy supply with energy demand across North America. The Company has three reporting segments: Gathering and Processing, NGL and crude services, and Storage and Transportation. The Gathering and Processing operations engage in the gathering, processing, treating, compression, transportation and sales of natural gas and the delivery of NGLs. In Gathering and Processing, the Company provides natural gas gathering, processing, treating and compression services to producers in unconventional shale plays located in West Virginia, Wyoming, Texas, Arkansas, New Mexico and Louisiana. The Company owns rich gas systems in the Marcellus, Powder River Basin, Niobrara, Barnett, Granite Wash, and Avalon/Bone Spring Shale plays, and dry gas gathering systems in the Barnett, Fayetteville and Haynesville/Bossier Shale plays. The NGL and crude services operations provide gathering, storage and transportation services to producers, refiners, marketers, and others that effectively provide flow assurances to customers, as well as the production and sale of salt products. Operations in NGL and Crude segment include crude oil rail terminals, the Arrow gathering system, an NGL storage facility, and U.S Salt, LLC. The Storage and Transportation operations provide natural gas storage and transportations services to third parties. The corporate operations include all general and administrative expenses that are not allocated to the reportable segments. The Company owns and operates four natural gas storage facilities located in New York and Pennsylvania that have an aggregate working gas storage capacity of approximately 41.0 Bcf namely Stagecoach, Thomas Corners, Steuben, and Seneca Lake. Further, the Company owns natural gas transportation facilities located in New York and Pennsylvania namely North-South Facilities, MARC I Pipeline, and East Pipeline. Sales of crude oil, NGLs and salt are recognized at the time product is shipped or delivered to the customer depending on the sales terms. The Company is expanding its gathering and compression facilities in the Marcellus Shale.
Executives
John J Sherman director C/O CRESTWOOD EQUITY PARTNERS LP, 811 MAIN ST., SUITE 3400, HOUSTON TX 77002
Crestwood Gas Services Holdings Llc director, 10 percent owner 717 TEXAS AVENUE, SUITE 3150, HOUSTON TX 77002
Crestwood Holdings Llc director, 10 percent owner 717 TEXAS AVENUE, SUITE 3150, HOUSTON TX 77002
Fr Xi Cmp Holdings Llc director, 10 percent owner ONE LAFAYETTE PLACE, GREENWICH CT 06830
Crestwood Holdings Ii Llc director, 10 percent owner 811 MAIN STREET, SUITE 3400, HOUSTON TX 77002
Crestwood Holdings Partners, Llc director, 10 percent owner 717 TEXAS AVENUE, SUITE 3150, HOUSTON TX 77002
Fr Midstream Holdings Llc director, 10 percent owner ONE LAFAYETTE PLACE, THIRD FLOOR, GREENWICH CT 06830
First Reserve Gp Xi, L.p. director, 10 percent owner 262 HARBOR DRIVE, THIRD FLOOR, STAMFORD CT 06902
First Reserve Gp Xi, Inc. director, 10 percent owner 262 HARBOR DRIVE, THIRD FLOOR, STAMFORD CT 06902
William C Gautreaux officer: President, Liquids and Crude
Michael Gordon France director 600 TRAVIS STREET, SUITE 6000, HOUSTON TX 77002
David Lumpkins director 600 TRAVIS STREET, SUITE 3250, HOUSTON TX 77002
William E Macaulay director, 10 percent owner 290 HARBOR DRIVE, FIFTH FLOOR, STAMFORD CT 06902
J Heath Deneke officer: Chief Operating Officer 700 LOUISIANA STREET, SUITE 2550, HOUSTON TX 77002
Warren H Gfeller director

Inergy Midstream LP (Inergy Midstream LP) Headlines

No Headlines