Azure Midstream Partners net loss widens to $13.7 million in April

By Caroline Salls

Pittsburgh, May 23 – Azure Midstream Partners, LP reported a $13.7 million net loss for April on $3.49 million in revenue, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the Southern District of Texas.

Those figures showed a decline from the $5.15 million net loss posted for March on $4.84 million in revenue.

The company had $26 million in cash as of April 30, up from $6.71 million at the end of March.

Azure, a Dallas-based midstream energy company, filed for bankruptcy on Jan. 30. The Chapter 11 case number is 17-30461.

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