AMID - American Midstream Partners, LP

NYSE - NYSE Delayed Price. Currency in USD
5.13
-0.08 (-1.54%)
At close: 4:00PM EDT
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Previous Close5.21
Open5.20
Bid5.12 x 2900
Ask5.13 x 1800
Day's Range5.01 - 5.20
52 Week Range2.75 - 11.75
Volume889,220
Avg. Volume250,275
Market Cap284.367M
Beta (3Y Monthly)1.93
PE Ratio (TTM)N/A
EPS (TTM)-0.71
Earnings DateAug 7, 2019 - Aug 12, 2019
Forward Dividend & Yield0.41 (7.92%)
Ex-Dividend Date2018-11-05
1y Target Est5.25
Trade prices are not sourced from all markets
  • American Midstream Announces Successful Completion of Consent Solicitation with respect to 8.500% Senior Notes due 2021
    PR Newswire21 days ago

    American Midstream Announces Successful Completion of Consent Solicitation with respect to 8.500% Senior Notes due 2021

    HOUSTON, June 5, 2019 /PRNewswire/ -- American Midstream Partners, LP (AMID) ("American Midstream" or the "Partnership") today announced the successful completion of the previously announced consent solicitation that it and American Midstream Finance Corporation (together with the Partnership, the "Issuers") conducted with respect to holders of their $425,000,000 aggregate principal amount of outstanding 8.500% Senior Notes due 2021 Notes (the "Notes") to amend (the "Proposed Amendments") certain provisions of the indenture governing the Notes (the "Consent Solicitation").

  • American Midstream Announces Extension of Consent Solicitation with respect to 8.500% Senior Notes due 2021
    PR Newswire23 days ago

    American Midstream Announces Extension of Consent Solicitation with respect to 8.500% Senior Notes due 2021

    HOUSTON, June 3, 2019 /PRNewswire/ -- American Midstream Partners, LP (AMID) ("American Midstream" or the "Partnership") today announced that it and American Midstream Finance Corporation (together with the Partnership, the "Issuers") have extended the expiration time for the previously announced consent solicitation (the "Consent Solicitation") to 5:00 p.m., New York City time, on June 5, 2019, unless extended or earlier terminated (the "Expiration Date") and amended certain terms of the Consent Solicitation. Holders of the Notes (as defined below) who have previously delivered consents in connection with the Consent Solicitation do not need to redeliver such consents or take any other action in response to this announcement in order to consent to the Consent Solicitation.

  • American Midstream Announces Consent Solicitation with respect to 8.500% Senior Notes due 2021
    PR Newswirelast month

    American Midstream Announces Consent Solicitation with respect to 8.500% Senior Notes due 2021

    HOUSTON, May 20, 2019 /PRNewswire/ -- American Midstream Partners, LP (AMID) ("American Midstream" or the "Partnership") today announced that it and American Midstream Finance Corporation (together with the Partnership, the "Issuers") are soliciting consents from holders of their $425,000,000 aggregate principal amount of outstanding 8.500% Senior Notes due 2021 Notes (the "Notes") to amend (the "Proposed Amendments") certain provisions of the indenture governing the Notes (the "Consent Solicitation"). The Proposed Amendments to the indenture will eliminate the requirement to file certain reports with the U.S. Securities and Exchange Commission (the "SEC") upon consummation of the pending merger (the "merger") with an affiliate of ArcLight Energy Partners Fund V, L.P. ("ArcLight") and will remove certain other requirements that will no longer be applicable to the Partnership in connection with the Partnership's expected conversion from a limited partnership into a member-managed limited liability company in connection with the merger.

  • Associated Press2 months ago

    American Midstream Partners: 1Q Earnings Snapshot

    The Houston-based company said it had a loss of 38 cents per share. The natural gas pipeline company posted revenue of $172.8 million in the period. American Midstream Partners shares have risen 72% since ...

  • PR Newswire2 months ago

    American Midstream Reports First Quarter 2019 Results

    HOUSTON , May 10, 2019 /PRNewswire/ -- American Midstream Partners, LP (NYSE: AMID) ("American Midstream" or the "Partnership") today reported financial and operational results for ...

  • CEO departs Houston midstream co. amid private equity buyout
    American City Business Journals2 months ago

    CEO departs Houston midstream co. amid private equity buyout

    He joined the company as chairman, CEO and president in December 2015, and the company moved its headquarters to Houston the following year.

  • PR Newswire2 months ago

    American Midstream Announces Departure of President and Chief Executive Officer

    HOUSTON, April 26, 2019 /PRNewswire/ -- American Midstream Partners, LP (AMID) ("AMID" or "Partnership") today announced that Lynn Bourdon III, Chairman, President and Chief Executive Officer of American Midstream GP, LLC, the ("General Partner") of American Midstream Partners, LP, notified the Partnership of his decision to resign effective May 3, 2019.

  • Associated Press3 months ago

    American Midstream Partners: 4Q Earnings Snapshot

    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 ...

  • PR Newswire3 months ago

    American Midstream Reports Fourth Quarter and Full Year 2018 Results

    HOUSTON , April 1, 2019 /PRNewswire/ --   American Midstream Partners, LP (NYSE: AMID) ("American Midstream" or the "Partnership") today reported financial and operational results for ...

  • Houston-based midstream co. agrees to private equity buyout
    American City Business Journals3 months ago

    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 Newswire3 months ago

    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.

  • Moody's4 months 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 Newswire5 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 Journals6 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.

  • PR Newswire6 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 Journals6 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.

  • MoneyShow6 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 Monkey6 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 Newswire6 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 Newswire6 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 ...

  • GlobeNewswire7 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,.