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American Midstream Partners Lp
American Midstream Partners LP is a publicly traded limited partnership that owns and operates midstream energy infrastructure assets. The company is listed on the New York Stock Exchange under the ticker symbol AMID.
Here are some key facts about American Midstream Partners LP:
* Industry: Midstream Energy
* Sector: Energy
* Founded: 2011
* Headquarters: Houston, Texas
* CEO: Lynn Bourdon III
* Operations: The company owns and operates midstream energy infrastructure assets, including pipelines, storage facilities, and processing plants.
* Business Model: American Midstream Partners LP owns and operates midstream energy infrastructure assets and provides services to oil and gas producers, including transportation, storage, and processing.
* Revenue: For the year ending December 31, 22022, the company generated $1.37 billion in revenue.
* Net Income: For the year ending December 31, 2022, the company reported a net income of $194.1 million.
* Market Capitalization: As of March 2023, the company has a market capitalization of around $4.1 billion.
* Enterprise Value: As of March 2023, the company's enterprise value is around $7.6 billion.
* Earnings Per Share (EPS): For the year ending December 31, 2022, the company reported an EPS of $2.43.
* Growth: American Midstream Partners LP has been growing its revenue and net income in recent years. In 2022, the company's revenue increased by 32% compared to the previous year, and its net income increased by 76%.
* Dividend Yield: The company has a dividend yield of 11.3%. Distributable cash flow.
* Valuation: As of March 2023, American Midstream Partners LP trades at a price-to-earnings ratio of around 16.4. Its enterprise value-to-EBITDA ratio is around 11.8.
* Competitors: Some of the competitors for American Midstream Partners LP include Plains All American Pipeline, L.P. (PAA), Energy Transfer LP (ET), and Williams Companies, Inc. (WMB).
In general, American Midstream Partners LP seems to be a solid midstream energy company with a strong track record of growth and a healthy balance sheet. However, as with any investment, it's essential to do your own research and consider your risk tolerance before making any investment decisions.