American Midstream Partners (AMID) Tops Q3 EPS by 19c

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Go back to American Midstream Partners (AMID) Tops Q3 EPS by 19c

American Midstream Reports Third Quarter 2017 Results

November 8, 2017 6:30 AM EST

HOUSTON--(BUSINESS WIRE)-- American Midstream Partners, LP (NYSE: AMID) (American Midstream, AMID or the Partnership) today reported financial results for the three months and nine months ended September 30, 2017.

Declared twenty-fifth consecutive quarterly distribution since IPO Reallocated $450 million in capital with several highly accretive transactions Expects pro proforma 2018 annualized Adjusted EBITDA in excess of $300 million

Net income attributable to the Partnership was $55.9 million for the three months ended September 30, 2017 as compared to net loss of $9.0 million for the same... More