UPDATE: UBS Upgrades American Midstream (AMID) to Neutral
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American Midstream Reports In-Line Second Quarter 2015 Financial Results
August 10, 2015 4:10 PM EDTPartnership Intends to Resume Distribution Increases in Conjunction with Drop-down Plan Announced Today
DENVER--(BUSINESS WIRE)-- American Midstream Partners, LP (NYSE: AMID) ("Partnership") today reported financial results for the three and six months ended June 30, 2015.
Second quarter and subsequent highlights:
Generated Adjusted EBITDA of $14.5 million and $30.1 million for the three and six months ended June 30, 2015, respectively, increases of 113.2 percent and 73.0 percent over the prior-year periods; The Partnership announced today line-of-sight to approximately $1 billion of fee-based growth through 2017,... MoreAmerican Midstream Announces Drop-down Plan from ArcLight Capital Partners
August 10, 2015 4:10 PM EDTPartnership Has Line-of-Sight to Approximately $1 Billion of Fee-based Growth Through 2017 and Intends to Resume Distribution Increases in Conjunction with First Drop Down
DENVER--(BUSINESS WIRE)-- American Midstream Partners, LP (NYSE: AMID) (Partnership) today announced the intention of an affiliate of ArcLight Capital Partners, LLC (ArcLight), which controls the general partner of the Partnership, to drop... More
