Edition:
United States

American Midstream Partners LP (AMID.N)

AMID.N on New York Stock Exchange

13.30USD
22 Sep 2017
Change (% chg)

$0.05 (+0.38%)
Prev Close
$13.25
Open
$13.15
Day's High
$13.38
Day's Low
$13.15
Volume
1,343
Avg. Vol
32,130
52-wk High
$18.45
52-wk Low
$11.10

Latest Key Developments (Source: Significant Developments)

American Midstream contributes to Houston relief effort provides operational update
Wednesday, 30 Aug 2017 06:30am EDT 

Aug 30 (Reuters) - American Midstream Partners Lp :American Midstream contributes to Houston relief effort; provides operational update.American Midstream Partners Lp - all offshore assets in Gulf of Mexico were not affected by storm and continue to operate normally.American Midstream - offshore facilities in eastern & central Gulf of Mexico, Mississippi Canyon, onshore Gulf Coast assets not damaged from Hurricane Harvey.American Midstream Partners Lp - some onshore Gulf Coast assets have experienced minor disruptions on substantial flooding in Texas, Louisiana regions​.  Full Article

American Midstream Partners LP says American Midstream GP, LLC, enters into fourth amended, restated limited liability company agreement​
Tuesday, 15 Aug 2017 05:35pm EDT 

Aug 15 (Reuters) - American Midstream Partners Lp ::American Midstream Partners LP - ‍on August 10, American Midstream GP, LLC, entered into fourth amended, restated limited liability company agreement​.  Full Article

American Midstream announces Cayenne pipeline Joint Venture
Tuesday, 8 Aug 2017 06:32am EDT 

Aug 8 (Reuters) - American Midstream Partners LP :American Midstream announces Cayenne pipeline joint venture.American Midstream Partners LP - ‍project has received necessary change of service permits and is expected to be fully operational by year-end 2017​.American Midstream Partners-Pipeline will have initial capacity of over 40,000 barrels per day with ability to throughput more than 50,000 barrels per day.American Midstream Partners - Co is contributing underutilized natural gas pipeline that will convert into high value, natural gas liquids service​.American Midstream Partners-Co, Targa will each have 50% economic interests,50% voting rights, respectively, with Targa serving as operator of venture.American Midstream Partners - ‍entered into JV agreement between Co and Targa Midstream Services LLC, creating Cayenne Pipeline LLC​.  Full Article

American Midstream Q2 revenue $193.4 million
Tuesday, 8 Aug 2017 06:30am EDT 

Aug 8 (Reuters) - American Midstream Partners Lp :American Midstream reports second quarter 2017 results.American Midstream Partners LP qtrly revenue $193.4 million versus $187.2 million.American Midstream Partners LP qtrly loss per share $0.72.American Midstream Partners LP says expects to be at higher end of 2017 guidance range, material increase in 2018 adjusted EBITDA.Q2 earnings per share view $-0.33 -- Thomson Reuters I/B/E/S.Q2 revenue view $200.5 million -- Thomson Reuters I/B/E/S.  Full Article

American Midstream to sell propane business for $170 mln
Monday, 24 Jul 2017 06:30am EDT 

July 24 (Reuters) - American Midstream Partners Lp ::American Midstream enters definitive agreement to sell propane business for $170 million; commences capital redeployment strategy.American Midstream Partners Lp - ‍partnership expects to redeploy substantially all proceeds in Q3 of 2017​.American Midstream Partners Lp - ‍maintains 2017 adjusted ebitda guidance; expects material increase in 2018​.American Midstream Partners Lp - ‍sale of partnership's propane marketing and services business to SHV Energy N.V. For $170 million in cash​.American Midstream Partners Lp - ‍through transaction, partnership will divest 100% of propane, including pinnacle propane's 40 service locations​.American Midstream Partners Lp - ‍announces acquisition of Viosca Knoll; further integrating gulf of Mexico system​.American Midstream Partners Lp - ‍acquisition of Viosca Knoll system from Genesis Energy Lp for total consideration of approximately $32 million​.  Full Article

American Midstream reports notice of binding open season for crude oil deliveries
Monday, 26 Jun 2017 06:00am EDT 

June 26 (Reuters) - American Midstream Partners Lp ::American Midstream notice of binding open season for crude oil deliveries to dakota access pipeline at watford city.American Midstream Partners Lp - intends to expand its current Bakken system to have capacity to accept over 40,000 barrels per day of crude oil.American Midstream Partners Lp - new connection into dapl is expected to commence service in august 2017.American Midstream Partners - will be able to deliver an incremental 20,000 barrels per day to market.American Midstream Partners Lp - intends to obtain long-term volume commitments for crude oil transportation to newly constructed delivery point.American Midstream Partners Lp - open season is scheduled to begin june 26, 2017 and end on july 17, 2017.  Full Article

American Midstream Partners says files for non-timely 10-Q
Thursday, 11 May 2017 04:51pm EDT 

May 11 (Reuters) - American Midstream Partners LP ::American Midstream Partners LP says files for non-timely 10-Q - SEC filing.  Full Article

American Midstream Partners places Midla Natchez pipeline in service
Tuesday, 4 Apr 2017 05:56pm EDT 

American Midstream Partners lp : American Midstream Partners places Midla Natchez pipeline in service . American Midstream Partners LP- Unit received approval from Federal Energy Regulatory Commission to place Midla Natchez pipeline into service .American Midstream Partners LP - Pipeline project was financed with $60 million of 3.77% senior secured notes due June 30, 2031.  Full Article

American Midstream Partners announces upsizing of revolving credit facility
Monday, 20 Mar 2017 01:32pm EDT 

American Midstream Partners Lp : American midstream partners announces upsizing of revolving credit facility to $900 million; over $275 million of available liquidity . American midstream partners lp - amended credit facility also provides an accordion feature allowing for an additional $200 million of capacity . American midstream partners lp - has amended and upsized its secured revolving credit facility from $750 million to $900 million . American midstream partners lp - amended credit facility has a maturity date of september 5, 2019 .American midstream partners lp - partnership released it's $300 million 8.50% senior unsecured notes from escrow.  Full Article

American Midstream Partners reports qtrly loss per unit of $0.14
Tuesday, 7 Mar 2017 06:00am EST 

American Midstream Partners Lp : Qtrly loss per unit of $0.14 . American midstream reports fourth quarter and full year 2016 results .Qtrly total revenue $67.3 million versus $48.6 million.  Full Article