antero midstream - AM

AM

Close Chg Chg %
15.49 0.08 0.52%

Closed Market

15.57

+0.08 (0.52%)

Volume: 2.48M

Last Updated:

Jan 3, 2025, 3:59 PM EDT

Company Overview: antero midstream - AM

AM Key Data

Open

$15.59

Day Range

15.56 - 15.87

52 Week Range

11.58 - 16.00

Market Cap

$7.45B

Shares Outstanding

481.32M

Public Float

336.53M

Beta

2.22

Rev. Per Employee

N/A

P/E Ratio

19.25

EPS

$0.81

Yield

581.40%

Dividend

$0.23

EX-DIVIDEND DATE

Oct 23, 2024

SHORT INTEREST

N/A

AVERAGE VOLUME

2.57M

 

AM Performance

1 Week
 
2.98%
 
1 Month
 
1.63%
 
3 Months
 
-1.52%
 
1 Year
 
24.98%
 
5 Years
 
117.93%
 

AM Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 9
Full Ratings ➔

About antero midstream - AM

Antero Midstream Corp. is a growth-oriented midstream energy company, which owns, operates, and develops midstream energy assets to service Antero Resources production and completion activity. It operates through the Gathering and Processing and Water Handling segments. The Gathering and Processing segment includes a network of gathering pipelines and compressor stations that collect and process production from Antero Resources wells in West Virginia and Ohio. It also includes equity in earnings from the company’s investments in the Joint Venture and Stonewall. The Water Handling segment focuses on two independent systems that deliver fresh water from sources including the Ohio River, local reservoirs, and several regional waterways. The company was founded on September 23, 2013 and is headquartered in Denver, CO.

AM At a Glance

Antero Midstream Corp.
1615 Wynkoop Street
Denver, Colorado 80202
Phone 1-303-357-7310 Revenue 1.11B
Industry Oil & Gas Pipelines Net Income 371.79M
Sector Industrial Services 2023 Sales Growth 12.293%
Fiscal Year-end 12 / 2024 Employees 604
View SEC Filings

AM Valuation

P/E Current 19.254
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 16.281
Price to Sales Ratio 5.433
Price to Book Ratio 2.793
Price to Cash Flow Ratio 7.758
Enterprise Value to EBITDA 11.211
Enterprise Value to Sales 8.322
Total Debt to Enterprise Value 0.347

AM Efficiency

Revenue/Employee 1,841,793.046
Income Per Employee 615,539.735
Receivables Turnover 12.421
Total Asset Turnover 0.189

AM Liquidity

Current Ratio 0.945
Quick Ratio 0.945
Cash Ratio 0.001

AM Profitability

Gross Margin 62.239
Operating Margin 55.629
Pretax Margin 44.953
Net Margin 33.421
Return on Assets 6.322
Return on Equity 17.117
Return on Total Capital 6.93
Return on Invested Capital 6.81

AM Capital Structure

Total Debt to Total Equity 149.332
Total Debt to Total Capital 59.893
Total Debt to Total Assets 54.873
Long-Term Debt to Equity 149.332
Long-Term Debt to Total Capital 59.893
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Antero Midstream - AM

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
971.39M 968.87M 990.66M 1.11B
Sales Growth
+14.34% -0.26% +2.25% +12.29%
Cost of Goods Sold (COGS) incl D&A
345.03M 337.04M 382.91M 420.07M
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
179.64M 179.92M 202.66M 206.91M
Depreciation
108.97M 109.25M 131.98M 136.24M
Amortization of Intangibles
70.67M 70.67M 70.67M 70.67M
COGS Growth
-1.01% -2.31% +13.61% +9.71%
Gross Income
626.36M 631.83M 607.75M 692.37M
Gross Income Growth
+25.01% +0.87% -3.81% +13.92%
Gross Profit Margin
+64.48% +65.21% +61.35% +62.24%
2020 2021 2022 2023 5-year trend
SG&A Expense
67.43M 67.83M 66.29M 73.53M
Research & Development
- - - -
-
Other SG&A
67.43M 67.83M 66.29M 73.53M
SGA Growth
-45.41% +0.60% -2.28% +10.92%
Other Operating Expense
- - - -
-
Unusual Expense
673.64M 26.80M 4.24M 951.00K
EBIT after Unusual Expense
(114.71M) 537.20M 537.22M 617.89M
Non Operating Income/Expense
83.50M 86.82M 96.47M 99.43M
Non-Operating Interest Income
- - - -
-
Equity in Earnings of Affiliates
86.43M 90.45M 94.22M 105.46M
Interest Expense
147.01M 175.28M 189.95M 217.25M
Interest Expense Growth
+33.16% +19.23% +8.37% +14.37%
Gross Interest Expense
147.01M 175.28M 189.95M 217.25M
Interest Capitalized
- - - -
-
Pretax Income
(178.22M) 448.74M 443.74M 500.07M
Pretax Income Growth
+61.05% +351.80% -1.12% +12.70%
Pretax Margin
-18.35% +46.32% +44.79% +44.95%
Income Tax
(55.69M) 117.12M 117.49M 128.29M
Income Tax - Current - Domestic
- - (55.52M) (6.38M)
-
Income Tax - Current - Foreign
- - - -
-
Income Tax - Deferred - Domestic
(171.00K) 117.12M 117.49M 134.66M
Income Tax - Deferred - Foreign
- - - -
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
86.43M 90.45M 94.22M 105.46M
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
(122.53M) 331.62M 326.24M 371.79M
Minority Interest Expense
- - - -
-
Net Income
(122.53M) 331.62M 326.24M 371.79M
Net Income Growth
+65.50% +370.65% -1.62% +13.96%
Net Margin Growth
-12.61% +34.23% +32.93% +33.42%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
(122.53M) 331.62M 326.24M 371.79M
Preferred Dividends
550.00K 550.00K 550.00K 550.00K
Net Income Available to Common
(123.08M) 331.07M 325.69M 371.24M
EPS (Basic)
-0.2573 0.6937 0.681 0.7744
EPS (Basic) Growth
+67.97% +369.61% -1.83% +13.72%
Basic Shares Outstanding
478.28M 477.27M 478.23M 479.38M
EPS (Diluted)
-0.2573 0.6901 0.6781 0.7696
EPS (Diluted) Growth
+67.97% +368.21% -1.74% +13.49%
Diluted Shares Outstanding
478.28M 479.74M 480.30M 482.37M
EBITDA
738.57M 743.92M 744.11M 825.75M
EBITDA Growth
+39.28% +0.72% +0.03% +10.97%
EBITDA Margin
+76.03% +76.78% +75.11% +74.23%

Snapshot

Average Recommendation HOLD Average Target Price 15.50
Number of Ratings 9 Current Quarters Estimate 0.234
FY Report Date 03 / 2025 Current Year's Estimate 0.965
Last Quarter’s Earnings 0.225 Median PE on CY Estimate N/A
Year Ago Earnings 0.827 Next Fiscal Year Estimate 1.09
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 5 5 6 6
Mean Estimate 0.23 0.24 0.97 1.09
High Estimates 0.24 0.24 1.01 1.47
Low Estimate 0.22 0.23 0.92 0.94
Coefficient of Variance 3.76 1.90 3.68 17.37

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 0 0 1
OVERWEIGHT 0 0 0
HOLD 7 7 5
UNDERWEIGHT 0 0 1
SELL 2 2 2
MEAN Hold Hold Hold

Insider Actions for Antero Midstream - AM

Date Name Shares Transaction Value
Aug 23, 2024 Sheri L. Pearce See Remarks 130,349 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $14.59 per share 1,901,791.91
Jul 12, 2024 David H. Keyte Director 96,311 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 12, 2024 Peter A. Dea Director 83,162 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 12, 2024 Janine Marie McArdle Director 64,838 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 12, 2024 John C. Mollenkopf Director 90,154 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 12, 2024 W. Howard Keenan Director 141,279 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 12, 2024 Brooks J. Klimley Director 81,792 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 12, 2024 Nancy E. Chisholm Director 17,796 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Apr 18, 2024 Paul M. Rady See Remarks; Director 2,712,191 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $13.66 per share 37,048,529.06
Apr 18, 2024 Michael N. Kennedy See Remarks 1,209,222 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $13.66 per share 16,517,972.52
Apr 18, 2024 Yvette K. Schultz See Remarks 466,991 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $13.66 per share 6,379,097.06
Apr 18, 2024 Brendan E. Krueger See Remarks 472,271 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $13.66 per share 6,451,221.86
Mar 12, 2024 Sheri L. Pearce See Remarks 186,660 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $13.44 per share 2,508,710.40
Mar 12, 2024 Brendan E. Krueger See Remarks 503,348 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $13.44 per share 6,764,997.12
Mar 12, 2024 Yvette K. Schultz See Remarks 499,786 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $13.44 per share 6,717,123.84
Mar 12, 2024 Michael N. Kennedy See Remarks; Director 1,253,525 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $13.44 per share 16,847,376.00
Mar 12, 2024 Paul M. Rady Chief Executive Officer; Director 2,902,278 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $13.44 per share 39,006,616.32

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