|Bid||4.93 x 800|
|Ask||4.94 x 800|
|Day's Range||4.6900 - 4.9400|
|52 Week Range||4.5800 - 15.2500|
|Beta (3Y Monthly)||1.53|
|PE Ratio (TTM)||N/A|
|Earnings Date||Mar 11, 2019 - Mar 15, 2019|
|Forward Dividend & Yield||0.41 (8.54%)|
|1y Target Est||6.00|
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,.
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-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.
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 ...
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 ...
DALLAS, Texas, Nov. 14, 2018 -- Southcross Energy Partners, L.P. (NYSE: SXE) (“Southcross” or the “Partnership”) today announced third quarter financial and operating results..
HOUSTON , Nov. 8, 2018 /PRNewswire/ -- American Midstream Partners, LP (NYSE: AMID) ("American Midstream" or the "Partnership") today reported financial and operational results for ...
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 ...
NEW YORK, Oct. 26, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
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.
In late July, Southcross Energy Partners LP terminated an $815 million deal in which it would have been acquired by American Midstream. Just days later, American Midstream announced a separate $138.5 million deal was canceled.
HOUSTON, Sept. 28, 2018 /PRNewswire/ -- American Midstream Partners, LP (AMID) ("AMID" or "Partnership") today announced the Board of Directors of American Midstream GP, LLC ("GP Board") has received an unsolicited non-binding proposal from affiliates of ArcLight Energy Partners Fund V, L.P. ("ArcLight"), directed to members 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 $6.10 per common unit. If approved, it is currently expected that the transaction would be consummated through a merger of the Partnership with a subsidiary of ArcLight. The proposed transaction is 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.
NEW YORK, Sept. 26, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of ...
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.
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.
HOUSTON , Aug. 9, 2018 /PRNewswire/ -- American Midstream Partners, LP (NYSE: AMID) ("American Midstream" or the "Partnership") today reported financial results for the three and ...
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'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'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.