AMID - American Midstream Partners, LP

NYSE - Nasdaq Real Time Price. Currency in USD
5.14
0.00 (0.00%)
As of 1:40PM EDT. Market open.
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Previous Close5.14
Open5.14
Bid5.13 x 2200
Ask5.14 x 21500
Day's Range5.13 - 5.17
52 Week Range2.75 - 11.88
Volume1,481,289
Avg. Volume510,301
Market Cap281.657M
Beta (3Y Monthly)2.33
PE Ratio (TTM)N/A
EPS (TTM)-4.55
Earnings DateMar 18, 2019 - Mar 19, 2019
Forward Dividend & Yield0.41 (8.02%)
Ex-Dividend Date2018-11-05
1y Target Est4.00
Trade prices are not sourced from all markets
  • Houston-based midstream co. agrees to private equity buyout
    American City Business Journalsyesterday

    Houston-based midstream co. agrees to private equity buyout

    Back in September, the original unsolicited buyout offer was for $6.10 per common unit, but it was revised to $4.50 per common unit in January. The final deal lands in between.

  • PR Newswireyesterday

    American Midstream Announces Agreement for the Purchase of its Outstanding Common Units by an Affiliate of ArcLight Energy Partners

    HOUSTON, March 18, 2019 /PRNewswire/ -- American Midstream Partners, LP (AMID) ("AMID" or "Partnership") today announced that it has entered into a definitive agreement and plan of merger ("Merger Agreement") with an affiliate (the "Purchaser") of ArcLight Energy Partners Fund V, L.P. ("ArcLight"). The Purchaser will acquire, for cash, in a merger transaction, all outstanding common units of the Partnership not already held by affiliates of ArcLight, at a price of $5.25 per common unit. The merger is expected to close in the second quarter of 2019.  The Partnership does not expect to make any cash distributions on its common units or preferred units prior to the closing of the merger.

  • ArcLight Capital Weighs Sale of Republic Midstream
    Bloomberg21 days ago

    ArcLight Capital Weighs Sale of Republic Midstream

    Republic Midstream operates a 28-mile oil gathering pipeline that feeds Kinder Morgan Inc.’s Dewitt Station, according to its website. ArcLight formed Republic Midstream in 2014 with a commitment to invest up to $400 million to build oil-handling infrastructure serving Penn Virginia Corp.’s acreage in the Eagle Ford, according to a press release at the time. In September, ArcLight offered to buy the rest of American Midstream Partners LP that it doesn’t already own for about $234 million.

  • Moody's22 days ago

    American Midstream Partners, LP -- Moody's downgrades American Midstream's CFR to B3; outlook negative

    Moody's Investors Service (Moody's) downgraded American Midstream Partners, LP's (AMID) Corporate Family Rating (CFR) to B3 from B2, its Probability of Default Rating (PDR) to B3-PD from B2-PD, its senior unsecured notes rating to Caa2 from Caa1, and its Speculative Grade Liquidity (SGL) rating to SGL-4 from SGL-3.

  • PR Newswire2 months ago

    Alerian Reports December 31, 2018 Index Linked Product Positions

    DALLAS , Feb. 1, 2019 /PRNewswire/ -- Alerian reported index linked product positions of $12.2 billion as of December 31, 2018 . Linked products include exchange-traded funds, exchange-traded notes, return ...

  • ArcLight subsidiary decreases unsolicited buyout offer for Houston midstream co.
    American City Business Journals2 months ago

    ArcLight subsidiary decreases unsolicited buyout offer for Houston midstream co.

    A subsidiary of Boston’s ArcLight Energy Partners Fund V LP has decreased the buyout offer it sent to Houston-based American Midstream Partners LP (NYSE: AMID) in September. The original offer was for $6.10 per common unit, but that’s been revised to $4.50 per common unit, according to a Jan. 3 press release. The rest of the terms remain as set forth in the original offer, but there’s no guarantee a deal will be reached.

  • The Wall Street Journal2 months ago

    [$$] American Midstream Receives Revised Buyout Offer From ArcLight

    ArcLight Capital Partners has offered to buy common units in the partnership that it and its affiliates don’t own already for $4.50 a unit.

  • PR Newswire2 months ago

    American Midstream Receives Revised Buyout Offer from ArcLight

    HOUSTON, Jan. 3, 2019 /PRNewswire/ -- American Midstream Partners, LP (AMID) ("AMID" or "Partnership") today announced that the Board of Directors of American Midstream GP, LLC ("GP Board") has received a revised non-binding proposal from an affiliate of ArcLight Energy Partners Fund V, L.P. ("ArcLight"), directed to members of the Conflicts Committee of the GP Board, pursuant to which ArcLight would acquire all common units of the Partnership that ArcLight and its affiliates do not already own in exchange for a revised offer price of $4.50 per common unit.  The other proposed terms of the potential transaction remain as set forth in the original non-binding proposal announced on September 28, 2018. The proposed transaction remains subject to a number of contingencies, including the approval of the Conflicts Committee of the GP Board, the approval by holders of a majority of the outstanding common units of the Partnership, and the satisfaction of any conditions to the consummation of a transaction set forth in any definitive agreement concerning the transaction.  There can be no assurance that definitive documentation will be executed or that any transaction will materialize on the terms described above or at all.

  • Energy companies close multimillion-dollar deals before 2018 ends
    American City Business Journals3 months ago

    Energy companies close multimillion-dollar deals before 2018 ends

    In addition to Enbridge closing its multibillion-dollar acquisitions of its Houston-based MLPs, a few other multimillion-dollar energy deals closed last week, as well.

  • MoneyShow3 months ago

    5 Top-Yielding Gas Utilities

    Traditionally, the utilities sector -- especially equities that pay highest dividend yields -- has been considered a relatively safe bet in uncertain and volatile markets; and with a 3.16% average yield, the gas utilities segment offers the highest dividend yields within the utilities sector, asserts Ned Piplovic, editor of DividendInvestor.

  • American Midstream Partners LP (AMID): Are Hedge Funds Right About This Stock?
    Insider Monkey3 months ago

    American Midstream Partners LP (AMID): Are Hedge Funds Right About This Stock?

    “Market volatility has picked up again over the past few weeks. Headlines highlight risks regarding interest rates, the Fed, China, house prices, auto sales, trade wars, and more. Uncertainty abounds. But doesn’t it always? I have no view on whether the recent volatility will continue for a while, or whether the market will be back […]

  • American Midstream Closes Sale of Refined Products Terminals
    PR Newswire3 months ago

    American Midstream Closes Sale of Refined Products Terminals

    HOUSTON , Dec. 20, 2018 /PRNewswire/ -- American Midstream Partners, LP (NYSE: AMID) ("AMID" or "Partnership") today announced the closing of its previously announced sale of its refined ...

  • PR Newswire3 months ago

    Sunoco LP Completes the Acquisition of the Refined Products Terminalling Business From American Midstream Partners, LP

    DALLAS , Dec. 20, 2018 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("Sunoco") announced today the completion of the previously announced acquisition of the refined products terminalling business from ...

  • GlobeNewswire3 months ago

    Report: Exploring Fundamental Drivers Behind Square, American Midstream Partners, LP, Cohen & Steers, Kinder Morgan, ManTech International, and Delta Air Lines — New Horizons, Emerging Trends, and Upcoming Developments

    NEW YORK, Dec. 06, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.

  • Thomson Reuters StreetEvents3 months ago

    Edited Transcript of AMID earnings conference call or presentation 8-Nov-18 3:00pm GMT

    Q3 2018 American Midstream Partners LP Earnings Call

  • Sunoco’s 12% Yield: Management Expects to Sustain Distributions
    Market Realist4 months ago

    Sunoco’s 12% Yield: Management Expects to Sustain Distributions

    Energy Transfer’s (ET) MLP subsidiary, Sunoco (SUN), is trading at a high yield of 12%. Sunoco hasn’t raised its distributions for the last nine quarters. As the above graph shows, Sunoco has fallen ~7% year-to-date, outperforming the Alerian MLP ETF (AMLP).

  • Houston midstream co. to sell refined products terminals to Sunoco
    American City Business Journals4 months ago

    Houston midstream co. to sell refined products terminals to Sunoco

    Houston-based American Midstream Partners LP (NYSE: AMID) has found another buyer for its refined products terminalling business after a previous deal fell through earlier this year. Dallas-based Sunoco LP (NYSE: SUN) will buy the business for about $125 million in cash, according to press releases from the companies. Combined, they have 21 tanks, approximately 1.3 million barrels of storage capacity and approximately 77,500 barrels per day of total throughput capacity, per Sunoco’s release.

  • PR Newswire4 months ago

    American Midstream Enters Definitive Agreement to Sell Refined Products Terminals

    HOUSTON , Nov. 15, 2018 /PRNewswire/ -- American Midstream Partners, LP (NYSE: AMID) ("AMID" or "Partnership") today announced it has entered into a definitive agreement for the sale ...

  • PR Newswire4 months ago

    Sunoco LP Announces Definitive Agreement to Acquire Refined Products Terminals From American Midstream Partners LP

    DALLAS , Nov. 15, 2018 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("Sunoco") announced today the execution of a definitive agreement to purchase the refined products terminalling business from American ...

  • GlobeNewswire4 months ago

    Southcross Energy Partners, L.P. Reports Third Quarter Results

    DALLAS, Texas, Nov. 14, 2018 -- Southcross Energy Partners, L.P. (NYSE: SXE) (“Southcross” or the “Partnership”) today announced third quarter financial and operating results..

  • PR Newswire4 months ago

    American Midstream Reports Third Quarter 2018 Results

    HOUSTON , Nov. 8, 2018 /PRNewswire/ -- American Midstream Partners, LP (NYSE: AMID) ("American Midstream" or the "Partnership") today reported financial and operational results for ...

  • PR Newswire5 months ago

    American Midstream Announces Third Quarter 2018 Earnings Call

    HOUSTON , Nov. 1, 2018 /PRNewswire/ -- American Midstream Partners, LP (NYSE: AMID) (the "Partnership") today announced that its third quarter 2018 results will be released before the market ...

  • American Midstream Announces Third Quarter Distribution
    PR Newswire5 months ago

    American Midstream Announces Third Quarter Distribution

    HOUSTON, Oct. 25, 2018 /PRNewswire/ -- American Midstream Partners, LP (AMID) today announced that the Board of Directors of its general partner declared a quarterly cash distribution of $0.1031 per common unit, or $0.4125 per unit annually. American Midstream Partners, LP is a growth-oriented limited partnership formed to provide critical midstream infrastructure that links producers of natural gas, crude oil, NGLs and condensate to end-use markets. American Midstream's assets are strategically located in some of the most prolific offshore and onshore basins in the Permian, Eagle Ford, East Texas, Bakken and Gulf Coast.