American Midstream Partners (AMID) Reports Q3 Loss of $0.48

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Go back to American Midstream Partners (AMID) Reports Q3 Loss of $0.48

American Midstream Reports Third Quarter 2015 Financial Results

November 9, 2015 4:01 PM EST

Partnership Provides Initial 2016 Guidance;

Adjusted EBITDA Expected to Increase Approximately 65 Percent in 2016

DENVER--(BUSINESS WIRE)-- American Midstream Partners, LP (NYSE: AMID) (the "Partnership") today reported financial results for the three and nine months ended September 30, 2015.

Third quarter highlights:

Generated Adjusted EBITDA1 of $15.8 million and $45.9 million for the three and nine months ended September 30, 2015, respectively, an increase of approximately 75 percent over prior-year periods; Continued to execute on long-term growth strategy with the acquisition of a minority... More