Current AMID Stock Info

In a $170 million cash transaction, American Midstream Partners (ticker: AMID)—which provides natural gas and oil gathering, processing, and transmission—has agreed to sell its propane business to SHV Energy. The sale includes American Midstream’s service locations, cylinder exchange program, and Alliant Gas utility system.
Re-deploying capital
American Midstream is undertaking the transaction with the intent of simplifying its business and allocating capital from its non-core to its core assets. In keeping with this goal, the company acquire...

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