AMID - American Midstream Partners, LP

NYSE - NYSE Delayed Price. Currency in USD
6.05
+0.05 (+0.83%)
At close: 4:01PM EDT
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Previous Close6.00
Open6.00
Bid0.00 x 3200
Ask0.00 x 3200
Day's Range5.97 - 6.15
52 Week Range5.30 - 15.25
Volume206,605
Avg. Volume577,704
Market Cap326.371M
Beta1.77
PE Ratio (TTM)N/A
EPS (TTM)-4.21
Earnings DateNov 6, 2018 - Nov 12, 2018
Forward Dividend & Yield1.65 (27.05%)
Ex-Dividend Date2018-08-03
1y Target Est9.50
Trade prices are not sourced from all markets
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    Market Realistyesterday

    What Might Drive Enterprise Products Partners Stock?

    Enterprise Products Partners’ (EPD) key metrics have mainly improved in the last three years. The company’s transport, terminal, and fractionation volumes all grew in the last three years. Enterprise Products Partners grew its earnings and distributions and maintained strong coverage. At the same time, crude oil prices have improved from their 2016 lows. These positive developments might be reflected in Enterprise Products Partners’ stock price.

  • Thomson Reuters StreetEvents27 days ago

    Edited Transcript of AMID earnings conference call or presentation 9-Aug-18 2:00pm GMT

    Q2 2018 American Midstream Partners LP Earnings Call

  • Houston midstream co. might buy stake in an Enterprise plant as another is idled
    American City Business Journalslast month

    Houston midstream co. might buy stake in an Enterprise plant as another is idled

    As part of the deal, American Midstream Partners would have to complete modifications to its High Point pipeline system.

  • Business Wirelast month

    Enterprise and American Midstream to Optimize Gulf Coast Assets

    Enterprise Products Partners L.P. (EPD) and American Midstream Partners, LP (AMID) today announced they have entered into an agreement under which American Midstream may elect to purchase a 25 percent interest in Enterprise’s Pascagoula natural gas processing plant. The purchase option is subject to certain conditions, including American Midstream completing modifications to certain facilities on its High Point pipeline system that will provide incremental natural gas volumes with access to the Pascagoula plant. American Midstream’s High Point pipeline system currently delivers offshore natural gas production to the Enterprise-operated Toca Gas Plant in St. Bernard Parish, Louisiana for processing services.

  • GlobeNewswirelast month

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

    DALLAS, Texas, Aug. 14, 2018-- Southcross Energy Partners, L.P. today announced second quarter financial and operating results.. Southcross’ net loss was $17.9 million for the quarter ended June 30, 2018, ...

  • PR Newswirelast month

    American Midstream Reports Second Quarter 2018 Results

    HOUSTON , Aug. 9, 2018 /PRNewswire/ --   American Midstream Partners, LP (NYSE: AMID) ("American Midstream" or the "Partnership") today reported financial results for the three and ...

  • PR Newswirelast month

    American Midstream Announces Second Quarter 2018 Earnings Call

    HOUSTON , Aug. 8, 2018 /PRNewswire/ -- American Midstream Partners, LP (NYSE: AMID) (the "Partnership") today announced that its second quarter 2018 results will be released before the market ...

  • Moody's2 months ago

    Southcross Holdings Borrower LP -- Moody's downgrades Southcross Partners to Caa2 and confirms Southcross Holdings' Caa3 rating

    Moody's Investors Service ("Moody's") downgraded Southcross Energy Partners, L.P.'s (Southcross) Corporate Family Rating (CFR) to Caa2 from Caa1, Probability of Default Rating (PDR) to Caa2-PD from Caa1-PD, senior secured term loan rating to Caa2 from Caa1, and Speculative Grade Liquidity (SGL) rating to SGL-4 from SGL-3. At the same time, Moody's confirmed all of the ratings of Southcross Holdings Borrower LP's (Holdings, the general partner of Southcross), including Holdings' Caa3 CFR, Caa3-PD PDR and Caa3 term loan ratings.

  • Moody's2 months ago

    American Midstream Partners, LP -- Moody's confirms American Midstream's B2 CFR upon merger termination; outlook negative

    Moody's Investors Service (Moody's) confirmed American Midstream Partners, LP's (AMID) Corporate Family Rating (CFR) at B2, its Probability of Default Rating at B2-PD, and its senior unsecured notes rating at Caa1. The outlook was changed negative from ratings under review. The confirmation of AMID's ratings follows the termination of the Southcross merger and also AMID's 75% reduction in its distribution which alleviates pressure on distribution coverage and provides a source of capital for supporting growth initiatives.

  • Houston midstream co. closes one asset sale, another is terminated
    American City Business Journals2 months ago

    Houston midstream co. closes one asset sale, another is terminated

    The company also commented on the recent termination of its previous plan to acquire a Dallas-based master limited partnership.

  • PR Newswire2 months ago

    American Midstream Closes Sale of Marine Products Terminals, Receives Liquidity Upgrade from Moody's and Provides Update on Previously Announced Transactions

    HOUSTON, Aug. 1, 2018 /PRNewswire/ -- American Midstream Partners, LP (AMID) ("AMID" or "Partnership") today announced the closing of its previously announced sale of its marine products terminalling business (the "Marine Products Terminals") to institutional investors advised by J.P. Morgan Asset Management for approximately $210 million in cash. The divestiture of the Marine Products Terminals, including the Harvey and Westwego terminals located in the Port of New Orleans and the Brunswick terminal located in the Port of Brunswick in Georgia, is a continuation of the Partnership's previously announced non-core asset divestiture program. The successful completion of this transaction strengthens the Partnership's balance sheet and supports its deleveraging plan, while demonstrating the Partnership's ability to execute on its revised capital allocation strategy.

  • Moody's2 months ago

    Southcross Holdings Borrower LP -- Moody's downgrades Southcross Partners to Caa2 and confirms Southcross Holdings' Caa3 rating

    Moody's Investors Service ("Moody's") downgraded Southcross Energy Partners, L.P.'s (Southcross) Corporate Family Rating (CFR) to Caa2 from Caa1, Probability of Default Rating (PDR) to Caa2-PD from Caa1-PD, senior secured term loan rating to Caa2 from Caa1, and Speculative Grade Liquidity (SGL) rating to SGL-4 from SGL-3. At the same time, Moody's confirmed all of the ratings of Southcross Holdings Borrower LP's (Holdings, the general partner of Southcross), including Holdings' Caa3 CFR, Caa3-PD PDR and Caa3 term loan ratings.

  • Why American Midstream Partners LP Is Tumbling Again Today
    Motley Fool2 months ago

    Why American Midstream Partners LP Is Tumbling Again Today

    The woes continue for this struggling MLP.

  • Houston midstream company’s $815M acquisition of Dallas MLP terminated
    American City Business Journals2 months ago

    Houston midstream company’s $815M acquisition of Dallas MLP terminated

    Meanwhile, the Houston company announced "a revised capital allocation strategy that is intended to significantly reduce leverage, provide capital for strategic growth opportunities, and create long-term value."

  • GlobeNewswire2 months ago

    Southcross Energy Partners, L.P. Terminates Merger with American Midstream Partners

    DALLAS, Texas, July 30, 2018-- Southcross Energy Partners, L.P. announced today that, effective July 29, 2018, it has terminated the previously announced Agreement and Plan of Merger, dated as of October ...

  • PR Newswire2 months ago

    Swank Capital and Cushing® Asset Management Announce a Constituent Change to The Cushing® MLP High Income Index

    DALLAS , July 27, 2018 /PRNewswire/ -- Swank Capital, LLC and Cushing ® Asset Management, LP announce an upcoming interim change to constituents of The Cushing ® MLP High Income Index (the "Index"). ...

  • PR Newswire2 months ago

    American Midstream Announces Revised Capital Allocation Strategy and Second Quarter Common Unit Distribution

    HOUSTON, July 27, 2018 /PRNewswire/ -- American Midstream Partners, LP (AMID) ("American Midstream" or the "Partnership") today announced a revised capital allocation strategy that is intended to significantly reduce leverage, provide capital for strategic growth opportunities, and create long-term value. As part of the revised capital allocation strategy the Partnership has determined the most prudent sources of accretive growth capital are proceeds from the sale of non-core assets and the retention of an increased portion of operating cash flow through the reduction of its common unit distribution.

  • PR Newswire3 months ago

    Swank Capital and Cushing® Asset Management Announce Rebalancing of the Cushing® MLP High Income Index

    DALLAS , July 6, 2018 /PRNewswire/ -- Swank Capital, LLC and Cushing ® Asset Management, LP announce today the upcoming rebalancing of The Cushing ® MLP High Income Index (the "Index") as part ...

  • PR Newswire3 months ago

    American Midstream Enters Definitive Agreement to Sell Marine Products Terminals; Executing on Capital Allocation Strategy and Deleveraging Plan

    HOUSTON, June 18, 2018 /PRNewswire/ -- American Midstream Partners, LP (AMID) ("AMID" or "Partnership") today announced it has entered into a definitive agreement for the sale of its marine products terminalling business (the "Marine Products Terminals") to institutional investors advised by J.P. Morgan Asset Management, for approximately $210 million in cash, subject to working capital adjustments. The divestiture of the Marine Products Terminals, including the Harvey and Westwego terminals located in the Port of New Orleans and the Brunswick terminal located in the Port of Brunswick in Georgia, is a continuation of the Partnership's previously announced non-core asset divestiture program. The divestiture of the Marine Products Terminals further simplifies AMID's business profile, providing the foundation to further scale the Partnership's core strategic assets.

  • Who Really Owns American Midstream Partners LP (NYSE:AMID)?
    Simply Wall St.4 months ago

    Who Really Owns American Midstream Partners LP (NYSE:AMID)?

    In this analysis, my focus will be on developing a perspective on American Midstream Partners LP’s (NYSE:AMID) latest ownership structure, a less discussed, but important factor. Ownership structure of aRead More...

  • ACCESSWIRE4 months ago

    Free Post Earnings Research Report: Cheniere Energy's Quarterly Earnings Advanced 552.17%

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  • Thomson Reuters StreetEvents4 months ago

    Edited Transcript of AMID earnings conference call or presentation 15-May-18 2:00pm GMT

    Q1 2018 American Midstream Partners LP Earnings Call

  • Does American Midstream Partners LP’s (NYSE:AMID) CEO Pay Compare Well With Peers?
    Simply Wall St.4 months ago

    Does American Midstream Partners LP’s (NYSE:AMID) CEO Pay Compare Well With Peers?

    Jason Barley took the helm as American Midstream Partners LP’s (NYSE:AMID) CEO and grew market cap to US$586.67M recently. Understanding how CEOs are incentivised to run and grow their companyRead More...

  • These 7 MLPs Offer Yields above 12%
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    These 7 MLPs Offer Yields above 12%

    Currently, the Alerian MLP Index (^AMZ) has a yield higher than 8%. Even with the ten-year Treasury yield’s rise above 3%, AMZ offers an attractive spread of 5% over the Treasury yield. However, there are some MLPs that are trading at yields above 12%. In this series, we’ll take a look at seven MLPs. We’ll see whether or not Wall Street analysts recommend these MLPs.