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Antero Midstream Corporation

https://www.anteromidstream.com

Industry

Oil & Gas Midstream

Antero Midstream Corporation owns, operates, and develops midstream energy infrastructure. It operates through Gathering and Processing, and Water Handling segments. The Gathering and Processing segment includes a network of gathering pipelines and compressor stations that collects and processes production from Antero Resources' wells in West Virginia and Ohio. The Water Handling segment delivers fresh water; and offers pumping stations, water storage, and blending facilities. The company was incorporated in 2013 and is headquartered in Denver, Colorado.

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Antero Midstream (NYSE:AM) reported Q2 2024 adjusted EPS of $0.23, beating the estimate of $0.22. However, sales of $269.795 million slightly missed the estimate of $269.801 million. Sales increased by 4.46% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 8:24 pm

Antero Resources reported a Q2 EPS of $(0.21), an improvement from $(0.28) year-over-year, and revenue of $978.654 million, up from $953.305 million year-over-year.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 8:22 pm

Wall Street's most accurate analysts have provided their latest ratings on three high-yielding energy stocks: CVR Energy, DHT Holdings, and Antero Midstream. These stocks offer dividend yields over 6%, making them attractive during market turbulence. Analysts have mixed ratings and price targets for these stocks, reflecting varying outlooks.

Portfolio Pulse from Avi Kapoor

July 25, 2024 | 1:28 pm

Wall Street's most accurate analysts have provided their ratings on three high-yielding energy stocks: DHT Holdings, Vitesse Energy, and Antero Midstream. These stocks offer dividend yields of over 6%, making them attractive to investors seeking stable returns. Analysts have given mixed ratings, with some upgrades and price target adjustments based on recent performance and market conditions.

Portfolio Pulse from Avi Kapoor

June 26, 2024 | 11:20 am

Antero Midstream's (NYSE:AM) short interest has risen by 4.63%, with 13.80 million shares sold short, representing 4.07% of its float. This increase in short interest suggests a bearish sentiment among investors. However, it is important to note that this does not necessarily predict a near-term decline in the stock price.

Portfolio Pulse from Benzinga Insights

May 20, 2024 | 7:15 pm

Antero Midstream Corporation (AM) has completed a $70M acquisition of gathering and compression assets in the Marcellus Shale from Summit Midstream Partners LP (SMLP), expected to be over 5% accretive to Free Cash Flow after dividends through 2027. This acquisition increases AM's 2024 Adjusted EBITDA and Free Cash Flow guidance by $15M and $10M, respectively. Additionally, AM announced the redemption of all its outstanding 7.875% Senior Notes due 2026 for redemption on May 16, 2024, to be funded with cash on hand and borrowings under its revolving credit facility.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 8:44 pm

Antero Midstream (NYSE:AM) reported Q1 2024 adjusted EPS of $0.24, surpassing the $0.23 estimate, and sales of $279.051M, exceeding the $271.013M forecast. This represents a 14.29% increase in EPS and a 7.54% increase in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 8:25 pm

Antero Midstream's (NYSE:AM) short interest has increased by 8.16% since the last report, with 14.33 million shares sold short, representing 4.24% of its float. It would take about 4.93 days to cover all short positions. This rise in short interest could indicate a more bearish market sentiment towards AM, although it's higher than its peer group average of 3.86% short interest as a percentage of float.

Portfolio Pulse from Benzinga Insights

April 11, 2024 | 1:15 pm

TPH Energy Research has downgraded Antero Midstream (NYSE:AM) from Buy to Hold, indicating a change in their outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

March 12, 2024 | 6:13 pm

As of March 12, 2024, five energy stocks are considered overbought based on their RSI values, indicating potential short-term performance concerns. These include Gulf Island Fabrication, Inc. (GIFI), Equitrans Midstream Corporation (ETRN), Marathon Petroleum Corporation (MPC), DT Midstream, Inc (DTM), and Antero Midstream Corporation (AM). Each company has shown significant stock price movements recently, attributed to various operational successes and strategic initiatives.

Portfolio Pulse from Avi Kapoor

March 12, 2024 | 1:18 pm

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