American Midstream Partners LP (AMID) - Profile

AMID: American Midstream Partners LP - 13.5, $723.54M, -0.05 (-0.37%)

Sector: Basic Materials - Industry: Oil & Gas Pipelines



American Midstream Partners, LP engages in gathering, treating, processing, and transporting natural gas in the United States. The companys Gathering and Processing segment provides gathering, compression, treating, processing, fractionating, transportation, and sale of natural gas, natural gas liquids (NGLs), and condensate. Its Transmission segment transports and delivers natural gas from producing wells, receipt points, or pipeline interconnects for shippers and other customers, which include local distribution companies, utilities and industrial, commercial, and power generation customers. The companys Terminals segment provides above-ground storage services comprising petroleum products, distillates, chemicals, and agricultural products at its marine terminals that support various commercial customers, including commodity brokers, refiners and chemical manufacturers to store a range of products. It owns and operates 12 gathering systems, 5 processing facilities, 3 fractionation facilities, 3 marine terminal sites, 3 interstate pipelines, 5 intrastate pipelines, and 1 crude oil pipeline. The company also owns a 66.7% non-operated in Main Pass Oil Gathering System; a 50% undivided interest in the Burns Point Plant; a 46% non-operated interest in Mesquite; and a 12.9% non-operated indirect interest in Delta House. Its primary assets are located in Alabama, Georgia, Louisiana, Mississippi, North Dakota, Tennessee, Texas, and the Gulf of Mexico, provide infrastructure that links producers of natural gas, NGLs, condensate, and specialty chemicals to various intermediate and end-use markets. The company operates approximately 3,000 miles of pipelines; and 1.8 million barrels of storage capacity at 3 marine terminal sites. American Midstream GP, LLC serves as the general partner of the company. American Midstream Partners, LP was founded in 2009 and is headquartered in Denver, Colorado.Key Statistics

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