| Market Capitalization (Millions $) |
1,902 |
| Shares
Outstanding (Millions) |
54 |
| Employees |
201 |
| Revenues (TTM) (Millions $) |
772 |
| Net Income (TTM) (Millions $) |
-7 |
| Cash Flow (TTM) (Millions $) |
0 |
| Capital Exp. (TTM) (Millions $) |
89 |
Business Description
American Midstream Partners, LP (AMID) is a natural gas and crude oil midstream company, headquartered in Houston, Texas. The company was founded in 2009 and operates in multiple regions across the United States, including the Gulf of Mexico, Permian Basin, Eagle Ford Shale, and Bakken Shale.
AMID operates through its four business segments: Gathering and Processing, Transmission, Terminals, and Marketing. Starting with the Gathering and Processing segment, AMID acquires, owns, develops, and operates natural gas processing, treating, and gathering systems. The systems are designed to handle various gas volumes in multiple locations for customers including natural gas producers and processors.
Moving on to Transmission, AMID transports natural gas and crude oil through its pipeline systems in various operating locations. These systems are designed to transport large volumes of gas over long distances, connecting production areas to end-users.
The Terminals segment consists of the storage, terminalling, and throughput of crude oil, refined products, and liquids such as butane, propane, and NGLs (Natural Gas Liquids). AMID owns several terminals across the United States, including strategic locations in the West Coast, Gulf Coast, and East Coast.
Lastly, in Marketing, AMID buys, sells, and markets natural gas, NGLs, and crude oil mainly to meet customer demands for energy. The company provides various marketing services such as risk management solutions, storage, trading, and other auxiliary services to customers.
AMID has a reputation for providing reliable, safe, and efficient services to its customers. The company has invested in advanced technology and innovation to improve its services continually. Its commitment to safety, responsible operations, and environmental protection aligns well with its customers' values and those of the industry. The company is well-positioned for growth and expansion through strategic acquisitions, ongoing capital investments, and continued focus on customer service excellence.
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