American Midstream Reports Second Quarter 2018 Results
Argent Mid Cap ETF (AMID)
Last argent mid cap etf earnings: 8/8 06:30 am
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US:NYSE Investor Relations:
americanmidstream.com/investor-relations
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Source: PR Newswire
HOUSTON, Aug. 9, 2018 /PRNewswire/ -- American Midstream Partners, LP (NYSE: AMID) ("American Midstream" or the "Partnership") today reported financial results for the three and six months ended June 30, 2018.HighlightsFinancialNet loss attributable to the Partnership was $17.3 million for the three months ended June 30, 2018 as compared to net loss attributable to the Partnership of $29.2 million for the same period in 2017. Adjusted EBITDA was $51.2 million for the three months ended June 30, 2018, an increase of 15% compared to the second quarter of 2017. (1) Total segment gross margin was $65.1 million for the three months ended June 30, 2018, an increase of 6% compared to the second quarter of 2017. (1)OperationalContinued increase in producer drilling activity throughout the gathering and processing segment contributed to a 9% increase in throughput volumes over the first quarter of 2018. Increased development activity in the deep-water Gulf of Mexico drove a 19% increase in nat
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