SOURCE: Industrial Info Resources

Industrial Info Resources

November 12, 2014 06:15 ET

American Midstream Grows in Permian, Bakken, Eagle Ford in Third-Quarter 2014, Expects 2015 Capex Up to $120 Million, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwired - Nov 12, 2014) - Researched by Industrial Info Resources (Sugar Land, Texas) -- American Midstream Partners LP (NYSE:AMID) (Denver, Colorado), a leading provider of midstream services for natural gas in the U.S. Southeast and Gulf Coast regions, looked toward ongoing developments in the Permian Basin, Bakken and Eagle Ford Shales, and the Gulf of Mexico in third-quarter 2014 as the company's profits took a hit. Strong results from newly acquired systems failed to offset the effects of lower throughput volumes in the Gathering and Processing segment. Industrial Info is tracking $280 million in projects related to American Midstream's plans to enlarge its role in the Eagle Ford Shale.

Within this article: Details on American Midstream's quarter and major projects, including a system that will expand the company's presence in the Eagle Ford Shale.

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