Antero Midstream Corporation (AM)

NYSE: AM · Real-Time Price · USD
15.43
-0.08 (-0.52%)
Nov 20, 2024, 4:00 PM EST - Market closed
-0.52%
Market Cap 7.43B
Revenue (ttm) 1.15B
Net Income (ttm) 389.60M
Shares Out 481.32M
EPS (ttm) 0.81
PE Ratio 19.05
Forward PE 15.82
Dividend $0.90 (5.83%)
Ex-Dividend Date Oct 23, 2024
Volume 3,971,036
Open 15.48
Previous Close 15.51
Day's Range 15.28 - 15.53
52-Week Range 11.58 - 15.87
Beta 2.24
Analysts Sell
Price Target 16.00 (+3.69%)
Earnings Date Oct 30, 2024

About AM

Antero Midstream Corporation owns, operates, and develops midstream energy assets in the Appalachian Basin. It operates in two segments, Gathering and Processing, and Water Handling. 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 from sources, including the Ohio River, local reservoirs, and various regional waterways; uses water handling systems to ... [Read more]

Sector Energy
IPO Date Nov 5, 2014
Employees 604
Stock Exchange NYSE
Ticker Symbol AM
Full Company Profile

Financial Performance

In 2023, Antero Midstream's revenue was $1.11 billion, an increase of 12.29% compared to the previous year's $990.66 million. Earnings were $371.24 million, an increase of 13.98%.

Financial Statements

Analyst Forecast

According to one analyst, the rating for AM stock is "Sell" and the 12-month stock price forecast is $16.0.

Price Target
$16.0
(3.69% upside)
Analyst Consensus: Sell
Stock Forecasts

News

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19 hours ago - Seeking Alpha

Antero Midstream May Start Share Repurchases Soon

Antero Midstream may generate close to $90 million in free cash flow after dividends in Q4 2024. It should reach its leverage target for starting share repurchases. Share repurchases, lower interest c...

6 days ago - Seeking Alpha

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16 days ago - Seeking Alpha

My 6.3% Yielding Crown Jewel: Why Antero Midstream Remains A Strong Buy

Antero Midstream, my highest-yielding dividend stock, plays a crucial role in my portfolio. It accounts for over 14% of my dividend income and remains a top conviction pick. Despite past challenges an...

17 days ago - Seeking Alpha

Antero Midstream Corporation (AM) Q3 2024 Earnings Conference Call Transcript

Antero Midstream Corporation (NYSE:AM) Q3 2024 Earnings Conference Call October 31, 2024 ET Company Participants Justin Agnew - VP of Finance and IR Paul Rady - Chairman, CEO and President of Antero ...

20 days ago - Seeking Alpha

Antero Midstream Announces Third Quarter 2024 Results and New Appointment to the Board of Directors

DENVER , Oct. 30, 2024 /PRNewswire/ -- Antero Midstream Corporation (NYSE: AM) ("Antero Midstream" or the "Company") today announced its third quarter 2024 financial and operating results.  The releva...

Other symbols: AR
21 days ago - PRNewsWire

Antero Resources Announces Third Quarter 2024 Financial and Operating Results

DENVER , Oct. 30, 2024 /PRNewswire/ -- Antero Resources Corporation (NYSE: AR) ("Antero Resources," "Antero," or the "Company") today announced its third quarter 2024 financial and operating results. ...

Other symbols: AR
21 days ago - PRNewsWire

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Antero Resources Announces Third Quarter 2024 Earnings Release Date and Conference Call

DENVER , Oct. 9, 2024 /PRNewswire/ -- Antero Resources (NYSE: AR) ("Antero" or the "Company") announced today that the Company plans to issue its third quarter 2024 earnings release on Wednesday, Octo...

Other symbols: AR
6 weeks ago - PRNewsWire

Antero Midstream Announces Third Quarter 2024 Return of Capital and Earnings Release Date and Conference Call

DENVER , Oct. 9, 2024 /PRNewswire/ -- Antero Midstream Corporation (NYSE: AM) ("Antero Midstream") today announced that the Board of Directors of Antero Midstream declared a cash dividend of $0.225 pe...

6 weeks ago - PRNewsWire

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Midstream Energy - Relative Quality

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2 months ago - Benzinga

Antero Midstream Expects Modest EBITDA Increases In A Stable Volume Environment

Antero Midstream Corporation expects low-single digits adjusted EBITDA growth in a stable volume environment. Volumes should remain at least stable based on Antero Resources' comments. Antero Midstrea...

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3 months ago - Seeking Alpha

Antero Midstream Q2: This 6%-Yielding Stock Is My Favourite

I'm selective with dividend growth stocks, prioritizing those with solid growth rather than just high yields. Antero Midstream, my top high-yield pick, benefits from strategic acquisitions and a stron...

3 months ago - Seeking Alpha