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American Midstream Partners LP (AMID) [hlAlert]

Rating:
Neutral AMID

American Midstream Partners LP (AMID) rated Neutral by Citigroup

Posted on: Thursday,  Nov 19, 2015  10:25 AM ET by Citigroup

American Midstream Partners
LP (NYSE: AMID) rated Neutral by Citigroup.

American Midstream Partners, LP owns, operates, develops and acquires a portfolio of natural gas midstream energy assets. The Company is engaged in the business of gathering, treating, processing and transporting natural gas through its ownership and operation of nine gathering systems, three processing facilities, two interstate pipelines and six intrastate pipelines. Its assets are located in Alabama, Louisiana, Mississippi, Tennessee and Texas, provide infrastructure, which links producers and suppliers of natural gas to diverse natural gas markets, including interstate and intrastate pipelines, as well as utility, industrial and other commercial customers. As of March 31, 2011, the Company operated approximately 1,400 miles of pipelines that gather and transport over 500 million cubic feet per day of natural gas.

Citi Investment Research is a highly respected research unit and is comprised of 390 research analysts across 22 countries. Citi Investment Research covers 3,100 companies, representing 90 percent of the market capitalization of the major global indices, and provides macro and quantitative analysis of global markets and sector trends. Combined with Citi's exceptional sales and trading capabilities and Smith Barney's financial consultants, the core focus of the group is to help investing clients make informed decisions by providing value-added, independent, insightful analysis.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/19/2015 10:25 AM Hold
None
8.97
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/15/2012 9:25 AM Hold
None
20.75

(*) Stock Price at the time of the recommendation.
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