$AMID News

Last published 7y ago

7y agoAMIDAmerican Midstream Announces Completion of MergerPR NewswireAmerican Midstream Partners, LP (NYSE: AMID) (the "Partnership") today announced the completion of the previously announced merger transactions (the...
7y agoAMIDAmerican Midstream Partners Expected to Be Removed from the Alerian Index SeriesPR NewswireAlerian announced today that American Midstream Partners (NYSE: AMID) is expected to be removed from the Alerian Midstream Energy Index (AMNA),...
7y agoAMIDAmerican Midstream Announces Anticipated Closing Date of Merger with ArcLight Affiliate and Intention to Delist Its Common UnitsPR NewswireAmerican Midstream Partners, LP (NYSE: AMID) (the "Partnership") today announced that it has notified the New York Stock Exchange ("NYSE") of the...
8y agoAMIDAmerican Midstream Partners, LP (AMID) CEO Lynn Bourdon on Q3 2018 Results - Earnings Call TranscriptEarnings Call Transcripts
8y agoEPD AMIDEnterprise and American Midstream to Optimize Gulf Coast AssetsBusiness WireHOUSTON--(BUSINESS WIRE)--Enterprise Products Partners L.P. (NYSE: EPD) and American Midstream Partners, LP (NYSE: 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 m ...
8y agoAMIDAmerican Midstream Increases Liquidity and Enhances Capital Structure Through Pricing of $125 Million of Senior NotesBusiness WireHOUSTON--(BUSINESS WIRE)--American Midstream Partners, LP (NYSE: AMID) (the “Partnership”) announced today the pricing of $125 million aggregate principal amount of 8.50% Senior Notes due 2021 at an offering price equal to 102.375% of par. The notes are an additional issue of the Partnership’s outstanding 8.50% Senior Notes due 2021, which were issued in an aggregate principal amount of $300 milli ...
8y agoAMIDAmerican Midstream Announces $100 Million Offering of Senior NotesBusiness WireHOUSTON--(BUSINESS WIRE)--American Midstream Partners, LP (NYSE: AMID) (the “Partnership”) announced today that it intends to offer for sale $100 million in aggregate principal amount of 8.500% Senior Notes due 2021, subject to market and other conditions. The notes will be an additional issue of the Partnership’s outstanding 8.500% Senior Notes due 2021, which were issued in an aggregate principa ...
9y agoAMID SXEAmerican Midstream Reports Third Quarter 2017 ResultsBusiness WireHOUSTON--(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.
9y agoAMIDAmerican Midstream Announces Drop Down of Trans-Union Interstate Pipeline and Commencement of Deliveries to Southern Natural GasBusiness WireHOUSTON--(BUSINESS WIRE)--American Midstream Partners, LP (NYSE: AMID) (“AMID” or “Partnership”) announced today the acquisition and closing of 100% of the equity interests in Trans-Union Interstate Pipeline, L.P. (“Trans-Union”) from affiliates of ArcLight Capital Partners, LLC (“ArcLight”), which controls the general partner of the Partnership, for a total consideration of approximately $48 mill ...
9y agoAMIDAmerican Midstream Partners' (AMID) Management Discusses Acquisition of Southcross Holdings and Proposed Merger of Southcross Energy Partners, LP Conference Call (Transcript)Earnings Call Transcripts
9y agoAMID SXEAmerican Midstream Partners to Acquire Southcross Energy Partners and Certain Assets of Southcross Holdings Forming $3 Billion PartnershipBusiness WireHOUSTON--(BUSINESS WIRE)--American Midstream Partners, LP (NYSE: AMID) (“AMID” or “American Midstream”) announced today that it has signed an agreement to acquire certain assets of Southcross Holdings, LP (“Southcross Holdings”), and has proposed to merge Southcross Energy Partners, L.P. (NYSE: SXE) (“SXE” or “Southcross Energy”) (collectively, with Southcross Holdings referred to as “Southcross”) ...
9y agoAMIDAmerican Midstream Announces Drop Down of Destin Pipeline Interests; Bolstering Deepwater Gulf of Mexico PositionBusiness WireHOUSTON--(BUSINESS WIRE)--American Midstream Partners, LP (NYSE: AMID) (the “Partnership” or “AMID”) announced today the acquisition and closing of an additional 17.0 % equity interest in the Destin Pipeline (“Destin”) from affiliates of ArcLight Capital Partners, LLC (“ArcLight”), which controls the general partner of the Partnership, for a total consideration of approximately $30 million. Post-c ...
9y agoAMIDAmerican Midstream Announces Twenty-Fifth Consecutive DistributionBusiness WireHOUSTON--(BUSINESS WIRE)--American Midstream Partners, LP (NYSE: AMID) (“Partnership”) today announced that the Board of Directors of its general partner declared a quarterly cash distribution of $0.4125 per common unit, or $1.65 per unit annually. The third quarter 2017 distribution represents the twenty-fifth consecutive quarterly distribution since the Partnership’s initial public offering in 2 ...
9y agoAMIDAmerican Midstream Announces Third Quarter 2017 Earnings CallBusiness WireHOUSTON--(BUSINESS WIRE)--American Midstream Partners, LP (NYSE: AMID) today announced that its third quarter 2017 results will be released before the market opens on Wednesday, November 8, 2017. The Partnership will host a conference call at 10:00 AM ET / 9:00 AM CT on Wednesday, November 8, 2017 to discuss results. The call will be webcast on the Partnership’s website.
9y agoAMIDAmerican Midstream Announces Drop-Down of Delta House Interests; Further Enhancing Deepwater Gulf of Mexico PositionBusiness WireHOUSTON--(BUSINESS WIRE)--American Midstream Partners, LP (NYSE:AMID) (“Partnership” or “AMID”) announced today the acquisition and closing of an additional 15.5% equity interest in Delta House, a fee-based, semi-submersible floating production and processing system (collectively, “Delta House”), from affiliates of ArcLight Capital Partners, LLC (“ArcLight”), which controls the general partner of ...
9y agoAMIDAmerican Midstream Begins Crude Deliveries Into Dakota Access PipelineBusiness WireHOUSTON--(BUSINESS WIRE)--American Midstream Partners, LP (NYSE: AMID) (“AMID” or “Partnership”) announced today it has commenced deliveries from the Partnership’s 40,000 barrel per day Bakken crude oil gathering system near Watford City, ND into the Dakota Access Pipeline (“DAPL”).
9y agoAMIDAmerican Midstream Closes Sale of Propane Business for $170 MillionBusiness WireHOUSTON--(BUSINESS WIRE)--American Midstream Partners, LP (NYSE:AMID) (“Partnership” or “AMID”) announced today the closing of its previously announced sale of the Partnership’s Propane Marketing and Services (“Propane”) business to SHV Energy N.V. (“SHV”) for $170 million in cash.
9y agoAMIDAmerican Midstream Contributes to Houston Relief Effort; Provides Operational UpdateBusiness WireHOUSTON--(BUSINESS WIRE)--American Midstream Partners, LP (NYSE: AMID) (“AMID” or “Partnership”) announced today its financial support for relief and recovery efforts to the American Red Cross of Greater Houston and outlying communities impacted by Hurricane Harvey.
9y agoAMIDAmerican Midstream Announces Acquisition of Panther; Continuing to Build Gulf Super SystemBusiness WireHOUSTON--(BUSINESS WIRE)--American Midstream Partners, LP (NYSE:AMID) (“AMID” or “Partnership”) announced today the acquisition of 100% of the assets in Panther Asset Management, LLC (“Panther”) for a total consideration of approximately $52 million. The consideration consisted of approximately $39 million cash from borrowings under the Partnership’s revolving credit facility and common units repr ...
9y agoAMIDAmerican Midstream Announces Cayenne Pipeline Joint VentureBusiness WireHOUSTON--(BUSINESS WIRE)--American Midstream Partners, LP (NYSE:AMID) (“AMID”) announced today it has entered into a joint venture agreement between AMID and Targa Midstream Services LLC (“Targa”) creating Cayenne Pipeline, LLC (“Cayenne”). Cayenne will transport Y-grade NGLs from the Targa-operated Venice Energy Services Company, LLC gas processing plant (“Venice”) to Enterprise Products’ pipelin ...
9y agoAMIDAmerican Midstream Reports Second Quarter 2017 ResultsBusiness WireHOUSTON--(BUSINESS WIRE)--American Midstream Partners, LP (NYSE: AMID) (“American Midstream”, “AMID” or the “Partnership”) today reported financial results for the three months and six months ended June 30, 2017.
9y agoAMIDAmerican Midstream Announces Twenty-Fourth Consecutive DistributionBusiness WireHOUSTON--(BUSINESS WIRE)--American Midstream Partners, LP (NYSE: AMID) (“Partnership”) today announced that the Board of Directors of its general partner declared a quarterly cash distribution of $0.4125 per common unit, or $1.65 per unit on an annualized basis. The second quarter 2017 distribution represents the twenty-fourth consecutive quarterly distribution since the initial public offering in ...
9y agoAMIDAmerican Midstream Enters Definitive Agreement to Sell Propane Business for $170 Million; Commences Capital Redeployment StrategyBusiness WireHOUSTON--(BUSINESS WIRE)--American Midstream Partners, LP (NYSE:AMID) (“Partnership” or “AMID”) announced it has entered into a definitive agreement for the sale of the Partnership’s Propane Marketing and Services (“Propane”) business to SHV Energy N.V. for $170 million in cash, subject to working capital adjustments. The transaction is expected to close in the third quarter of 2017.
9y agoAMIDAmerican Midstream Announces Second Quarter 2017 Earnings CallBusiness WireHOUSTON--(BUSINESS WIRE)--American Midstream Partners, LP (NYSE: AMID) today announced that its second quarter 2017 results will be released before the market opens on Tuesday, August 8, 2017. The Partnership will host a conference call at 10:00 AM ET / 9:00 AM CT on Tuesday, August 8, 2017 to discuss results. The call will be webcast on the Partnership’s website.
9y agoAMIDAmerican Midstream Announces Extension of Open Season for Crude Oil Deliveries to Dakota Access PipelineBusiness WireHOUSTON--(BUSINESS WIRE)--American Midstream Partners, LP (NYSE: AMID) (“Partnership” or “AMID”) announced today that the previously announced open season for crude oil deliveries to the Dakota Access Pipeline (“DAPL”) has been extended to 5 p.m. CT on July 31, 2017 to incorporate certain modifications requested by shippers. The open season, which commenced on June 26, 2017, is for committed crude ...
9y agoAMIDAmerican Midstream Notice of Binding Open Season for Crude Oil Deliveries to Dakota Access Pipeline at Watford CityBusiness WireHOUSTON--(BUSINESS WIRE)--American Midstream Partners, LP (NYSE:AMID) (“Partnership” or “AMID”) announced today a binding open season for volume commitments from existing receipt points on AMID’s Bakken pipeline system (“Bakken System”) to a newly constructed delivery point interconnecting into the Dakota Access Pipeline (“DAPL”) in Watford City. The Bakken System is an established FERC-regulated, ...
9y agoAMIDAmerican Midstream to Participate in MLPA Investor ConferenceBusiness WireHOUSTON--(BUSINESS WIRE)--American Midstream Partners, LP (NYSE:AMID) (“Partnership” or “AMID”) announced today that it is participating in investor meetings at the MLPA One-on-One Conference on Thursday and Friday, June 1-2, 2017 in Orlando, Florida.
9y agoAMIDAmerican Midstream Reports First Quarter 2017 ResultsBusiness WireHOUSTON--(BUSINESS WIRE)--American Midstream Partners, LP (NYSE:AMID) (“American Midstream”, “AMID” or the “Partnership”) today reported financial results for the three months ended March 31, 2017.
9y agoAMIDAmerican Midstream Announces First Quarter 2017 Earnings CallBusiness WireHOUSTON--(BUSINESS WIRE)--American Midstream Partners, LP (NYSE:AMID) today announced that its first quarter 2017 results will be released prior to market open on Wednesday, May 10, 2017. The Partnership will host a conference call at 10:00 AM ET / 9:00 AM CT on Wednesday, May 10, 2017 to discuss results. The call will be webcast on the Partnership’s website.
9y agoAMIDAmerican Midstream Announces Twenty-Third Consecutive DistributionBusiness WireHOUSTON--(BUSINESS WIRE)--American Midstream Partners, LP (NYSE:AMID) (“Partnership”) today announced that the Board of Directors of its general partner declared a quarterly cash distribution of $0.4125 per common unit, or $1.65 per unit on an annualized basis. The first quarter 2017 distribution represents the twenty-third consecutive quarterly distribution since the initial public offering in 20 ...
9y agoAMIDAmerican Midstream Partners 2016 Form 10-K Available on WebsiteBusiness WireHOUSTON--(BUSINESS WIRE)--American Midstream Partners, LP (NYSE: AMID) (“American Midstream” or “Partnership”) announced today, as required by the New York Stock Exchange, that its Annual Report on Form 10-K for the fiscal year ended December 31, 2016 was filed with the U.S. Securities and Exchange Commission and can be viewed on the Partnership's website at www.americanmidstream.com. The filing c ...
9y agoAMIDAmerican Midstream Partners Places Midla Natchez Pipeline in ServiceBusiness WireHOUSTON--(BUSINESS WIRE)--American Midstream Partners, LP (NYSE: AMID) (“American Midstream” or “Partnership”) announced today that one of its subsidiaries has received approval from the Federal Energy Regulatory Commission to place the Midla Natchez Pipeline (“Pipeline”) into service. Approval to construct the Pipeline was granted in December 2015. The 55-mile, 12-inch Pipeline extends from Winns ...
9y agoAMIDAmerican Midstream Partners Announces Upsizing of Revolving Credit Facility to $900 Million; Over $275 Million of Available LiquidityBusiness WireHOUSTON--(BUSINESS WIRE)--American Midstream Partners, LP (NYSE: AMID) (“American Midstream” or “Partnership”) announced today that it has amended and upsized its secured revolving credit facility (the "Amended Credit Facility") from $750 million to $900 million. The Amended Credit Facility also provides an accordion feature allowing for an additional $200 million of capacity, subject to customary ...
9y agoAMID JPEPAmerican Midstream Partners Announces Successful Completion of Merger with JP Energy PartnersBusiness WireHOUSTON--(BUSINESS WIRE)--American Midstream Partners, LP (NYSE:AMID) (“American Midstream” or “Partnership”) and JP Energy Partners LP (NYSE: JPEP) (“JP Energy”) today announced the successful completion of the previously announced merger.
9y agoAMID JPEPAmerican Midstream Reports Fourth Quarter and Full Year 2016 ResultsBusiness WireHOUSTON--(BUSINESS WIRE)--American Midstream Partners, LP (NYSE: AMID) (“American Midstream” or the “Partnership”) today reported financial results for the three and twelve months ended December 31, 2016.
9y agoAMIDAmerican Midstream Appoints Casadaban as Senior Vice President and Chief Operating OfficerBusiness WireHOUSTON--(BUSINESS WIRE)--American Midstream Partners, LP (NYSE:AMID) (the "Partnership") today announced that the general partner of the Partnership appointed Rene L. Casadaban as Senior Vice President and Chief Operating Officer effective today. Mr. Casadaban succeeds Matthew Roland, who served as Chief Operating Officer since 2013.
9y agoAMIDAmerican Midstream Announces Dakota Access Connection Agreement Expanding Bakken PresenceBusiness WireHOUSTON--(BUSINESS WIRE)--American Midstream Partners, LP (NYSE: AMID) (“Partnership” or “AMID”) today announced it has entered a connection agreement with Dakota Access Pipeline (“DAPL”), the 1,172-mile 30-inch pipeline that extends from the Partnership’s Bakken formation production area in North Dakota to Patoka, Illinois.
9y agoAMIDAmerican Midstream Announces Fourth Quarter 2016 Earnings CallBusiness WireHOUSTON--(BUSINESS WIRE)--American Midstream Partners, LP (NYSE: AMID) today announced that its full-year and fourth quarter 2016 results will be released prior to market open on Tuesday, March 7, 2017. The Partnership will host a conference call at 10:00 AM EST / 9:00 AM CST on March 7, 2017 to discuss results. The call will be webcast on the Partnership’s website.
9y agoAMIDAmerican Midstream Announces Twenty-Second Consecutive DistributionBusiness WireHOUSTON--(BUSINESS WIRE)--American Midstream Partners, LP (NYSE: AMID) (“AMID”) today announced that the board of directors of its general partner declared a quarterly cash distribution of $0.4125 per common unit, or $1.65 per unit on an annualized basis. The fourth quarter 2016 distribution represents the twenty-second consecutive quarterly distribution.
9y agoJPEP AMIDJP Energy Partners LP Announces Record Date and Meeting Date for Special Meeting for Proposed Merger with American Midstream Partners, LPBusiness WireIRVING, Texas--(BUSINESS WIRE)--JP Energy Partners LP (NYSE: JPEP) (“JP Energy” or “our”) today announced that it has established a record date of January 30, 2017, and a meeting date of March 7, 2017, for a special meeting of its unitholders. At the special meeting, which will be held at 11 a.m. central standard time at the Hyatt Regency Downtown Houston, 1200 Louisiana Street, Houston, TX, 77002 ...
9y agoAMIDAmerican Midstream to Participate in UBS MLP One-on-One ConferenceBusiness WireHOUSTON--(BUSINESS WIRE)--American Midstream Partners, LP (NYSE: AMID) (“Partnership” or “AMID”) announced today that it is participating in investor meetings at the UBS MLP One-on-One Conference on Tuesday and Wednesday, January 10-11, 2017 in Park City, Utah.
9y agoAMID JPEPAmerican Midstream Enhances Capital Structure Through Pricing of $300 Million of Senior NotesBusiness WireHOUSTON--(BUSINESS WIRE)--American Midstream Partners, LP (NYSE: AMID) (“Partnership” or “American Midstream”) today announced the pricing of $300 million aggregate principal amount of 8.50% senior unsecured notes maturing December 15, 2021. The Partnership expects the offering to close on December 28, 2016, subject to the satisfaction of customary closing conditions.
9y agoAMID JPEPAmerican Midstream Announces $300 Million Offering of Senior NotesBusiness WireHOUSTON--(BUSINESS WIRE)--American Midstream Partners, LP (NYSE: AMID) (“Partnership” or “American Midstream”) announced today that it intends to offer, subject to market and other conditions, $300 million in aggregate principal amount of senior unsecured notes due 2021, subject to market and other conditions.
10y agoAMID JPEPAmerican Midstream Reports Third Quarter 2016 ResultsBusiness WireHOUSTON--(BUSINESS WIRE)--American Midstream Partners, LP (NYSE: AMID) (“American Midstream” or the “Partnership”) today reported financial results for the three and nine months ended September 30, 2016.
10y agoAMIDAmerican Midstream Announces Acquisition of Incremental Delta House Interest and Expects 2016 Adjusted EBITDA at Higher End of RangeBusiness WireHOUSTON--(BUSINESS WIRE)--American Midstream Partners, LP (NYSE: AMID) (“Partnership”) announced today the simultaneous acquisition and closing of additional minority interests in Delta House, a fee-based, semi-submersible floating production system (FPS), and associated oil and gas pipelines in the Gulf Coast, bringing its total equity interest to 20.14%. The Partnership acquired the additional i ...
10y agoJPEP AMIDRobbins Arroyo LLP: Acquisition of JP Energy Partners LP (JPEP) by American Midstream Partners, LP (AMID) May Not Be in Unitholders' Best InterestsBusiness WireSAN DIEGO & IRVING, Texas--(BUSINESS WIRE)--Shareholder rights attorneys at Robbins Arroyo LLP are investigating the proposed acquisition of JP Energy Partners LP (NYSE: JPEP) by American Midstream Partners, LP (NYSE: AMID). On October 24, 2016, the two companies announced the signing of a definitive merger agreement pursuant to which American Midstream will combine with JP Energy Partners. Under ...
10y agoAMID JPEPAmerican Midstream Partners to Merge with JP Energy Partners, Creating a $2 Billion Diversified Midstream MLPBusiness WireHOUSTON--(BUSINESS WIRE)--American Midstream Partners, LP (NYSE: AMID) (“American Midstream”) and JP Energy Partners LP (NYSE: JPEP) (“JP Energy”) announced today their execution of a merger agreement to create a combined midstream platform. American Midstream will acquire 100% of JP Energy in a unit-for-unit merger which is anticipated to have minimal, if any, tax recognition for the unitholders. ...
10y agoAMID JPEPAmerican Midstream Partners to Merge with JP Energy Partners, Creating a $2 Billion Diversified Midstream MLPBusiness WireHOUSTON--(BUSINESS WIRE)--American Midstream Partners, LP (NYSE: AMID) (“American Midstream”) and JP Energy Partners LP (NYSE: JPEP) (“JP Energy”) announced today their execution of a merger agreement to create a combined midstream platform. American Midstream will acquire 100% of JP Energy in a unit-for-unit merger which is anticipated to have minimal, if any, tax recognition for the unitholders. ...
10y agoAMIDAmerican Midstream Announces Twenty-First Consecutive DistributionBusiness WireHOUSTON--(BUSINESS WIRE)--American Midstream Partners, LP (NYSE: AMID) (“Partnership”) today announced that the Board of Directors of its general partner declared a quarterly cash distribution of $0.4125 per common unit, or $1.65 per unit on an annualized basis. The third quarter 2016 distribution represents the twenty-first consecutive quarterly distribution.
10y agoAMIDAmerican Midstream Announces Third Quarter 2016 Earnings CallBusiness WireHOUSTON--(BUSINESS WIRE)--American Midstream Partners, LP (NYSE: AMID) today announced that its third quarter 2016 fiscal results will be released after the market closes on Monday, November 7, 2016. The Partnership will host a conference call at 10:00 AM EST / 9:00 AM CST on Tuesday, November 8, 2016 to discuss results. The call will be webcast and archived on the Partnership’s website for a limi ...