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Slide #39. American Midstream Partners, LP — Blackwater Midstream Holdings, LLC
American Midstream Partners, LP (AMID)
Blackwater Midstream Holdings, LLC
American Midstream Partners, LP (NYSE:AMID) (the "Partnership") today announced that it completed the acquisition of Blackwater Midstream Holdings, LLC ("Blackwater"), a developer and operator of terminal storage facilities, from an affiliate of ArcLight Capital Partners, LLC.
American Midstream Partners owns, operates, develops and acquires a portfolio of midstream energy assets. Co.'s segments include: Gas Gathering and Processing Services, which provides wellhead-to-market services to producers of natural gas and natural gas liquids; Liquid Pipelines and Services, which purchases and sells crude oil and provides crude oil gathering and transportation services; Natural Gas Transportation Services, which transports and delivers natural gas for shippers and other customers; and Offshore Pipelines and Services, which gathers and transports natural gas and crude oil to other pipeline interconnects, onshore facilities and other delivery points.
Open the AMID Page at The Online Investor »
Strong Buy (4.00 out of 4)
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data;
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