American Midstream Partners (AMID) Misses Q2 EPS by 38c

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Go back to American Midstream Partners (AMID) Misses Q2 EPS by 38c

American Midstream Reports In-Line Second Quarter 2015 Financial Results

August 10, 2015 4:10 PM EDT

Partnership 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,... More