American Midstream Partners, LP (AMID) Financial Statements (2024 and earlier)

Company Profile

Business Address 2103 CITY WEST BLVD., BLDG 4
HOUSTON, TX 77042
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 4922 - Natural Gas Transmission (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

3/31/2019
MRQ
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 9,0698,7822,939 499393
Cash and cash equivalents 9,0698,7822,939 499393
Restricted cash and investments 30,86814,900  6,475 
Receivables 76,63298,13229,32218,74029,54328,827
Inventory, net of allowances, customer advances and progress billings 1,1862,966   
Inventory 1,1862,966    
Prepaid expense     4,162 
Derivative instruments and hedges, assets    365688473
Disposal group, including discontinued operation     52 
Prepaid expense and other current assets4,331
Assets held-for-sale1,268
Other current assets 27,42223,42016,47010,09415,502 
Other undisclosed current assets (1,186)5,452  (7,551)3,166
Total current assets: 143,991153,65248,73129,19949,37038,458
Noncurrent Assets
Property, plant and equipment 997,7081,095,585755,457648,013582,182312,510
Long-term investments and receivables   291,98882,301  
Long-term investments   291,98882,301  
Intangible assets, net (including goodwill) 185,715302,876124,160117,227248,54220,129
Goodwill 51,723128,86616,26216,262142,23616,447
Intangible assets, net (excluding goodwill) 133,992174,010107,898100,965106,3063,682
Contract with customer, asset, after allowance for credit loss 8,586
Derivative instruments and hedges   10,401   
Restricted cash and investments 5,0835,045    
Disposal group, including discontinued operation, noncurrent assets     1,181
Other noncurrent assets 17,40317,8749,19514,55613,117 
Prepaid expense and other noncurrent assets9,064
Assets held-for-sale, long lived1,914
Other undisclosed noncurrent assets 329,210348,434323,563 22,252 
Total noncurrent assets: 1,543,7051,769,8141,514,764862,097867,274343,617
TOTAL ASSETS: 1,687,6961,923,4661,563,495891,296916,644382,075
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including: 78,61268,85461,57825,03525,78815,058
Interest and dividends payable 3,9103,19012,846   
Taxes payable 27,5225,263    
Employee-related liabilities  904,226   
Accounts payable  41,1023,5554,66720,3263,261
Accrued liabilities 15,5445,8348,9523,1787,0365,906
Other undisclosed accounts payable and accrued liabilities 31,63613,37531,99917,190(1,574)5,891
Debt 522,9667,5514,4582,3382,9082,048
Derivative instruments and hedges, liabilities     215423
Disposal group, including discontinued operation     121,106
Contract with customer, liability 409
Other undisclosed current liabilities 47,90561,08811,44611,94834,65219,655
Total current liabilities: 649,892137,49377,48239,32163,57538,290
Noncurrent Liabilities
Long-term debt and lease obligation 500,7391,201,4561,058,538525,100372,950130,735
Long-term debt, excluding current maturities 500,7391,201,4561,058,538525,100372,950130,735
Liabilities, other than long-term debt 85,94268,27445,85129,550126387
Asset retirement obligations 67,45166,19444,36328,549  
Disposal group, including discontinued operation, liabilities      95
Other liabilities 18,4912,0801,4881,001126191
Derivative instruments and hedges, liabilities      101
Other undisclosed noncurrent liabilities 1,4218,1237,8585,82642,84439,385
Total noncurrent liabilities: 588,1021,277,8531,112,247560,476415,920170,507
Total liabilities: 1,237,9941,415,3461,189,729599,797479,495208,797
Temporary equity, carrying amount 324,624317,180334,090169,712107,96594,811
Equity
Equity, attributable to parent 3228(40)402104
Accumulated other comprehensive income (loss) 3228(40)402104
Equity, attributable to noncontrolling interest      4,628
Other undisclosed equity 125,046190,91239,716121,747329,18273,735
Total equity: 125,078190,94039,676121,787329,18478,467
TOTAL LIABILITIES AND EQUITY: 1,687,6961,923,4661,563,495891,296916,644382,075

Income Statement (P&L) ($ in thousands)

3/31/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues 805,354651,435232,682236,358308,400292,654
Revenue, net806,206160,950235,034307,309292,626
Cost of revenue
(Cost of Goods and Services Sold)
 (592,040)(82,256)(61,861)(59,549)(45,702)(29,553)
Other undisclosed gross profit    (53,528)(159,891) 
Gross profit: 213,314569,179170,821123,281102,807263,101
Operating expenses (780,086)(945,640)(255,950)(234,452)(297,125)(297,197)
Other undisclosed operating income (loss) 592,04082,25661,861(8,526)105,57911,741
Operating income (loss): 25,268(294,205)(23,268)(119,697)(88,739)(22,355)
Nonoperating income (expense) 56036,254  (670)1,605
Other nonoperating income (expense) 56036,254  (670) 
Interest and debt expense (82,410)(66,465)(15,499)(14,745)(6,877)(9,291)
Other undisclosed loss from continuing operations before equity method investments, income taxes      (1,605)
Loss from continuing operations before equity method investments, income taxes: (56,582)(324,416)(38,767)(134,442)(96,286)(31,646)
Income from equity method investments 81,92963,05040,1588,201348 
Other undisclosed loss from continuing operations before income taxes     (700) 
Income (loss) from continuing operations before income taxes: 25,347(261,366)1,391(126,241)(96,638)(31,646)
Income tax expense (32,995)(1,235)(2,057)(1,134)(557)(495)
Other undisclosed income from continuing operations      990
Loss from continuing operations: (7,648)(262,601)(666)(127,375)(97,195)(31,151)
Loss before gain (loss) on sale of properties: (7,648)(218,506)(666)(127,455)(98,139)(31,490)
Income (loss) from discontinued operations  44,095 (80)(944)(339)
Other undisclosed net income (loss)     333(1,916)
Net loss: (7,648)(218,506)(666)(127,455)(97,806)(33,406)
Net loss attributable to noncontrolling interest (116)(4,473)(2,804)(25)  
Other undisclosed net loss attributable to parent     (214)(633)
Net loss attributable to parent: (7,764)(222,979)(3,470)(127,480)(98,020)(34,039)
Preferred stock dividends and other adjustments   (19,138)(16,978)(14,492)(464)
Net loss available to common stockholders, diluted: (7,764)(222,979)(22,608)(144,458)(112,512)(34,503)

Comprehensive Income ($ in thousands)

3/31/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net loss: (7,648)(218,506)(666)(127,455)(97,806)(33,406)
Other comprehensive income (loss) 468(80)38(102) 
Other undisclosed comprehensive loss      (247)
Comprehensive loss: (7,644)(218,438)(746)(127,417)(97,908)(33,653)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest (116)(4,473)(2,804)(25)(214)633
Other undisclosed comprehensive loss, net of tax, attributable to parent      (1,266)
Comprehensive loss, net of tax, attributable to parent: (7,760)(222,911)(3,550)(127,442)(98,122)(34,286)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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