American Midstream Partners, LP (AMID) Financial Statements (2025 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 | 9,069 | 8,782 | 2,939 | 499 | 393 | ||||
| Cash and cash equivalents | 9,069 | 8,782 | 2,939 | 499 | 393 | ||||
| Restricted cash and investments | 30,868 | 14,900 | 6,475 | ||||||
| Receivables | 76,632 | 98,132 | 29,322 | 18,740 | 29,543 | 28,827 | |||
| Inventory, net of allowances, customer advances and progress billings | 1,186 | 2,966 | ✕ | ||||||
| Inventory | 1,186 | 2,966 | |||||||
| Prepaid expense | 4,162 | ||||||||
| Derivative instruments and hedges, assets | 365 | 688 | 473 | ||||||
| Disposal group, including discontinued operation | 52 | ||||||||
| Other current assets | 27,422 | 23,420 | 16,470 | 10,094 | 15,502 | ||||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 4,331 | ||
| Assets held-for-sale | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 1,268 | ||
| Other undisclosed current assets | (1,186) | 5,452 | (7,551) | 3,166 | |||||
| Total current assets: | 143,991 | 153,652 | 48,731 | 29,199 | 49,370 | 38,458 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 997,708 | 1,095,585 | 755,457 | 648,013 | 582,182 | 312,510 | |||
| Long-term investments and receivables | 291,988 | 82,301 | |||||||
| Long-term investments | 291,988 | 82,301 | |||||||
| Intangible assets, net (including goodwill) | 185,715 | 302,876 | 124,160 | 117,227 | 248,542 | 20,129 | |||
| Goodwill | 51,723 | 128,866 | 16,262 | 16,262 | 142,236 | 16,447 | |||
| Intangible assets, net (excluding goodwill) | 133,992 | 174,010 | 107,898 | 100,965 | 106,306 | 3,682 | |||
| Contract with customer, asset, after allowance for credit loss | 8,586 | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Derivative instruments and hedges | 10,401 | ||||||||
| Restricted cash and investments | 5,083 | 5,045 | |||||||
| Disposal group, including discontinued operation, noncurrent assets | 1,181 | ✕ | |||||||
| Other noncurrent assets | 17,403 | 17,874 | 9,195 | 14,556 | 13,117 | ||||
| Prepaid expense and other noncurrent assets | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 9,064 | ||
| Assets held-for-sale, long lived | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 1,914 | ||
| Other undisclosed noncurrent assets | 329,210 | 348,434 | 323,563 | 22,252 | |||||
| Total noncurrent assets: | 1,543,705 | 1,769,814 | 1,514,764 | 862,097 | 867,274 | 343,617 | |||
| TOTAL ASSETS: | 1,687,696 | 1,923,466 | 1,563,495 | 891,296 | 916,644 | 382,075 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 78,612 | 68,854 | 61,578 | 25,035 | 25,788 | 15,058 | |||
| Interest and dividends payable | 3,910 | 3,190 | 12,846 | ||||||
| Taxes payable | 27,522 | 5,263 | |||||||
| Employee-related liabilities | 90 | 4,226 | |||||||
| Accounts payable | 41,102 | 3,555 | 4,667 | 20,326 | 3,261 | ||||
| Accrued liabilities | 15,544 | 5,834 | 8,952 | 3,178 | 7,036 | 5,906 | |||
| Other undisclosed accounts payable and accrued liabilities | 31,636 | 13,375 | 31,999 | 17,190 | (1,574) | 5,891 | |||
| Debt | 522,966 | 7,551 | 4,458 | 2,338 | 2,908 | 2,048 | |||
| Derivative instruments and hedges, liabilities | 215 | 423 | |||||||
| Disposal group, including discontinued operation | 12 | 1,106 | |||||||
| Contract with customer, liability | 409 | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Other undisclosed current liabilities | 47,905 | 61,088 | 11,446 | 11,948 | 34,652 | 19,655 | |||
| Total current liabilities: | 649,892 | 137,493 | 77,482 | 39,321 | 63,575 | 38,290 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 500,739 | 1,201,456 | 1,058,538 | 525,100 | 372,950 | 130,735 | |||
| Long-term debt, excluding current maturities | 500,739 | 1,201,456 | 1,058,538 | 525,100 | 372,950 | 130,735 | |||
| Liabilities, other than long-term debt | 85,942 | 68,274 | 45,851 | 29,550 | 126 | 387 | |||
| Asset retirement obligations | 67,451 | 66,194 | 44,363 | 28,549 | |||||
| Disposal group, including discontinued operation, liabilities | 95 | ||||||||
| Other liabilities | 18,491 | 2,080 | 1,488 | 1,001 | 126 | 191 | |||
| Derivative instruments and hedges, liabilities | 101 | ||||||||
| Other undisclosed noncurrent liabilities | 1,421 | 8,123 | 7,858 | 5,826 | 42,844 | 39,385 | |||
| Total noncurrent liabilities: | 588,102 | 1,277,853 | 1,112,247 | 560,476 | 415,920 | 170,507 | |||
| Total liabilities: | 1,237,994 | 1,415,346 | 1,189,729 | 599,797 | 479,495 | 208,797 | |||
| Temporary equity, carrying amount | 324,624 | 317,180 | 334,090 | 169,712 | 107,965 | 94,811 | |||
| Equity | |||||||||
| Equity, attributable to parent | 32 | 28 | (40) | 40 | 2 | 104 | |||
| Accumulated other comprehensive income (loss) | 32 | 28 | (40) | 40 | 2 | 104 | |||
| Equity, attributable to noncontrolling interest | 4,628 | ||||||||
| Other undisclosed equity | 125,046 | 190,912 | 39,716 | 121,747 | 329,182 | 73,735 | |||
| Total equity: | 125,078 | 190,940 | 39,676 | 121,787 | 329,184 | 78,467 | |||
| TOTAL LIABILITIES AND EQUITY: | 1,687,696 | 1,923,466 | 1,563,495 | 891,296 | 916,644 | 382,075 | |||
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 | 805,354 | 651,435 | 232,682 | 236,358 | 308,400 | 292,654 | ||
| Revenue, net | ✕ | ✕ | 806,206 | 160,950 | 235,034 | 307,309 | 292,626 | |
| 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: | 213,314 | 569,179 | 170,821 | 123,281 | 102,807 | 263,101 | ||
| Operating expenses | (780,086) | (945,640) | (255,950) | (234,452) | (297,125) | (297,197) | ||
| Other undisclosed operating income (loss) | 592,040 | 82,256 | 61,861 | (8,526) | 105,579 | 11,741 | ||
| Operating income (loss): | 25,268 | (294,205) | (23,268) | (119,697) | (88,739) | (22,355) | ||
| Nonoperating income (expense) | 560 | 36,254 | (670) | 1,605 | ||||
| Other nonoperating income (expense) | 560 | 36,254 | (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 | 81,929 | 63,050 | 40,158 | 8,201 | 348 | |||
| 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) | 4 | 68 | (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.