American Midstream Partners LP’s (NYSE:AMID) Sentiment is 0.89

July 13, 2018 - By Darrel Chase

American Midstream Partners, LP (NYSE:AMID) Logo

Sentiment for American Midstream Partners LP (NYSE:AMID)

American Midstream Partners LP (NYSE:AMID) institutional sentiment decreased to 0.89 in Q1 2018. Its down -0.11, from 1 in 2017Q4. The ratio has dropped, as 17 funds increased and started new positions, while 19 sold and trimmed stock positions in American Midstream Partners LP. The funds in our partner’s database now hold: 29.89 million shares, down from 29.92 million shares in 2017Q4. Also, the number of funds holding American Midstream Partners LP in their top 10 positions was flat from 1 to 1 for the same number . Sold All: 6 Reduced: 13 Increased: 12 New Position: 5.

American Midstream Partners, LP provides midstream infrastructure that links the producers of crude oil, natural gas, natural gas liquids , condensate, and specialty chemicals to various intermediate and end-use markets in the United States. The company has market cap of $569.18 million. The companyÂ’s Gathering and Processing segment includes midstream natural gas systems that provide natural gas, NGLs, and condensate gathering, compression, treating, processing, fractionating, transporting, and selling services to the producers of natural gas and crude oil. It currently has negative earnings. The Company’s Transmission segment transports and delivers natural gas from producing wells, receipt points, or pipeline interconnects for shippers and other customers, which include local distribution companies, utilities, industrial and commercial customers, and power generation customers.

The stock increased 0.71% or $0.075 during the last trading session, reaching $10.575. About 68,413 shares traded. American Midstream Partners, LP (NYSE:AMID) has declined 21.18% since July 13, 2017 and is downtrending. It has underperformed by 33.75% the S&P500.

Arclight Capital Partners Llc holds 17.6% of its portfolio in American Midstream Partners, LP for 13.98 million shares. Hite Hedge Asset Management Llc owns 1.06 million shares or 2.49% of their US portfolio. Moreover, Price Michael F has 0.88% invested in the company for 685,499 shares. The Texas-based Cushing Asset Management Lp has invested 0.87% in the stock. Penbrook Management Llc, a New York-based fund reported 58,700 shares.

More notable recent American Midstream Partners, LP (NYSE:AMID) news were published by: Seekingalpha.com which released: “American Midstream: Shale Growth To Be Beneficial” on July 06, 2018, also Bizjournals.com with their article: “5 things to know in Texas energy this week” published on June 25, 2018, Seekingalpha.com published: “American Midstream Partners: Offshore And Permian Could Be Promising” on June 20, 2018. More interesting news about American Midstream Partners, LP (NYSE:AMID) were released by: Seekingalpha.com and their article: “American Midstream: Despite Yield, Buying Appears Early” published on July 10, 2018 as well as Streetinsider.com‘s news article titled: “American Midstream Partners (AMID) to Sell Marine Products Terminals for $210 million” with publication date: June 18, 2018.

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