SOURCE: Industrial Info Resources

Industrial Info Resources

May 17, 2012 06:40 ET

American Midstream Makes Steady Gains in First-Quarter 2012, Sees Strong Growth Ahead in Gulf Coast Region, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - May 17, 2012) - Researched by Industrial Info Resources (Sugar Land, Texas) -- American Midstream Partners LP (NYSE:AMID) (Denver, Colorado), which provides midstream services for natural gas in the U.S. Southeast and Gulf Coast regions, reported a solid profit for the first quarter of 2012 as higher natural gas liquids (NGL) prices and improved margins kept the company steady amid volatile commodity price movements. American Midstream reported net income of $1.69 million during the quarter, compared with a $3.5 million net loss in first-quarter 2011.

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