Antero Midstream Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	180.44	-	0.07	-	-
Cash & Short-Term Investments	180.44	-	0.07	-	-
Accounts Receivable	107.76	116.01	89.56	86.73	81.94
Other Receivables	1.9	-	-	0.94	0.94
Receivables	109.66	116.01	89.56	87.67	82.88
Restricted Cash	82.5	-	-	-	-
Other Current Assets	7.27	2.05	1.5	1.33	0.92
Total Current Assets	379.86	118.06	91.13	88.99	83.8
Property, Plant & Equipment	3,455	3,882	3,794	3,751	3,395
Long-Term Investments	585.78	603.96	626.65	652.77	696.01
Other Intangible Assets	1,074	1,145	1,215	1,286	1,357
Other Long-Term Assets	389.82	13.35	10.89	12.03	12.67
Total Assets	5,884	5,762	5,738	5,791	5,544
Accounts Payable	10.37	12.31	10.5	22.87	23.59
Accrued Expenses	72	72.58	58.44	56.12	55.94
Other Current Liabilities	29.11	15.73	27.48	23.09	34.48
Total Current Liabilities	111.48	100.61	96.42	102.08	114.01
Long-Term Debt	3,223	3,117	3,213	3,361	3,123
Long-Term Deferred Tax Liabilities	563	413.61	265.88	131.22	13.72
Other Long-Term Liabilities	15.07	15.4	10.38	4.43	6.66
Total Liabilities	3,912	3,647	3,586	3,599	3,257
Common Stock	4.74	4.79	4.8	4.79	4.78
Additional Paid-In Capital	1,953	2,020	2,046	2,105	2,414
Retained Earnings	14.78	90.55	100.45	82.79	-132.48
Shareholders' Equity	1,972	2,115	2,152	2,192	2,287
Total Liabilities & Equity	5,884	5,762	5,738	5,791	5,544
Total Debt	3,223	3,117	3,213	3,361	3,123
Net Cash (Debt)	-3,042	-3,117	-3,213	-3,361	-3,123
Net Cash Per Share	-6.31	-6.42	-6.66	-7.00	-6.51
Filing Date Shares Outstanding	473.08	478.61	479.74	478.61	477.68
Total Common Shares Outstanding	474.06	479.42	479.71	478.5	477.5
Working Capital	268.38	17.45	-5.29	-13.08	-30.21
Book Value Per Share	4.16	4.41	4.49	4.58	4.79
Tangible Book Value	897.95	970.41	936.3	906.22	929.92
Tangible Book Value Per Share	1.89	2.02	1.95	1.89	1.95
Land	29.44	31.24	31.67	31.67	23.37
Machinery	3,202	3,558	3,351	3,287	2,823
Construction In Progress	141.23	184.68	192.85	158.98	174.27

Source: S&P Global Market Intelligence. Standard template. Financial Sources.