Notable Insider Trading: American Midstream Partners, LP $AMID

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American Midstream Partners, LP (NYSE:AMID) insider have most recently took part in a trading activity. On Nov 22, 2017 Bourdon Lynn L Iii, Chairman, President and CEO bought 10,000 shares having total worth of $124,900 at the price of $12.49 per share, following the transaction a total of 160,042 shares owned by Bourdon Lynn L Iii.

Furthermore, over the past 12 months , the stock was traded 3 times by insiders. In 2 of these trades, the insider was a seller while an employee of the company was the buyer in 1 instances.

Shares of American Midstream Partners, LP (NYSE:AMID) traded up 3.29% on Nov 22, 2017, hitting $12.55. 54,774 shares of the company’s stock traded hands. American Midstream Partners, LP has a 52 week low of $10.45 and a 52 week high of $18.3. The company’s market cap is $439 million.

American Midstream Partners, LP (NYSE:AMID) last announced its earnings results on Nov 8, 2017. The company reported -0.61 earnings per share (EPS) for the quarter, lower than the consensus estimate of -0.14 by $0.47. The company had revenue of $162 million for the quarter, compared to the consensus estimate of $207 million. During the same quarter in the previous year, the company posted -0.22 earnings per share. The company’s revenue for the quarter was up 154% on a year-over-year basis.

2017-11-08 2017-08-08 2017-05-10 2017-03-07 2016-11-07 2016-08-08 2016-05-09 2016-03-07 2015-11-09 2015-08-10
earnings per share -0.61 -0.72 -0.75 -0.14 0.00 -0.36 -0.33 -0.05 -0.48 -0.35
Revenue(M) 162.29 193.63 199.63 67.29 0 55.38 46.02 48.6 55.64 67.51

American Midstream Partners LP owns, operates, develops and acquires a portfolio of natural gas midstream energy assets. Its operations are organized into two segments: Gathering and Processing and Transmission.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.