U.S. Markets open in 8 hrs 13 mins

American Midstream Partners: 4Q Earnings Snapshot

HOUSTON (AP) _ American Midstream Partners LP (AMID) on Monday reported a loss of $14.8 million in its fourth quarter.

On a per-share basis, the Houston-based company said it had a loss of 41 cents. Losses, adjusted for asset impairment costs, came to 38 cents per share.

The natural gas pipeline company posted revenue of $177 million in the period.

For the year, the company reported that its loss narrowed to $7.8 million, or 75 cents per share. Revenue was reported as $805.4 million.

American Midstream Partners shares have increased 71 percent since the beginning of the year. The stock has dropped 51 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AMID at https://www.zacks.com/ap/AMID