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American Midstream Talks Expansion, Outlook; 4Q Results
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American Midstream Partners LP reported financial results for the three and twelve months ended December 31, 2014.
Fourth quarter and full-year highlights include: Executed and integrated acquisitions totaling approximately $600 million to further expand the Partnership’s midstream platform in prolific U.S. resource plays, including the Eagle Ford, Permian, and Bakken; Expanded assets in core operating areas, including the Lavaca System in the Eagle Ford, which is currently flowing 115 million cubic feet per day, nearly tripling since the acquisition in January 2014; Developed additional fee-based margin with the build-out of the Harvey Terminal, which increased the Partnership's total storage capacity by approximately 30 percent year-over-year; Generated record fourth quarter and…Finish this article — free account or subscription
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