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American Midstream Performs in Line With Expectations in Second-Quarter 2012, an Industrial Info News Alert


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Published in Business and Finance on Wednesday, August 22nd 2012 at 4:31 GMT by Market Wire   Print publication without navigation


August 22, 2012 06:15 ET

American Midstream Performs in Line With Expectations in Second-Quarter 2012, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - Aug 22, 2012) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Despite a volatile commodity price environment and low natural gas prices, [ American Midstream Partners, LP ] (NYSE:AMID) (Denver, Colorado) managed to perform considerably well in the second quarter of 2012. The partnership, which is involved in gathering, treating, processing and transporting [ natural gas ] in the U.S. Southeast and Gulf Coast regions, experienced increases in overall gross margins as well as gross margin in the Gathering-Processing and Transmission segments. These increases were attributed to the 50% non-operated interest in the Burns Point processing plant, which was acquired in the fourth quarter of 2011. There were also gains in net income and cash flow.

For details, view the entire article by subscribing to Industrial Info's Premium Industry News at [ http://www.industrialinfo.com/showAbstract.jsp?newsitemID=227960&refer=mw ], or browse other breaking industrial news stories at [ www.industrialinfo.com ].

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, and eight offices outside of North America, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the [ www.industrialinfo.com ] "[ Contact Us ]" page.



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