American Midstream Partners Cuts 2015 Capex 10% Amid Delays in Eagle Ford, Bakken Projects
American Midstream Partners Cuts 2015 Capex 10% Amid Delays in Eagle Ford, Bakken Projects
SUGAR LAND--August 12, 2015--Researched by Industrial Info Resources (Sugar Land, Texas)--American Midstream Partners LP (NYSE:AMID) (Denver, Colorado) reported it has reduced its expected capital expenditures (capex) for 2015 by about 10% to a range of $115 million to $125 million, amid a delay in certain growth capital projects. Industrial Info is tracking six active American Midstream projects, which have a combined investment value of $282 million.
Within this article: Details on American Midstream Partners' quarter and capital expenditure plans, including a crude-oil pipeline system in the Eagle Ford and an associated terminal.
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