Antero Midstream Partners

Antero Midstream Corp. owns, operates, and develops midstream energy assets to service Antero Resources production and completion activity. It operates through the Gathering and Processing segment and Water Handling segment. 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. The gathering and processing segment also includes equity in earnings from the Company’s investments in the Joint Venture and Stonewall. The Water Handling segment includes 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.

Earnings data Q4 2020

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Antero Midstream excels in 2022, targets robust growth and cash flow

Antero Midstream's exceptional 2022 performance, strategic acquisitions, and focus on free cash flow generation position them well for future growth. With a solid return on invested capital and prudent financial strategies, the company stands out in the industry. While facing capital expenditure declines and geographic risks, Antero Midstream aims to navigate challenges and capitalize on opportunities for sustained success.

Antero Midstream reports strong Q1 performance and revised guidance

Antero Midstream's Q1 2023 earnings call showcased strong performance, with increased freshwater delivery volumes and record EBITDA and free cash flow. The company's differentiated liquid strategy and diversified product mix are key strengths, while potential challenges in capital allocation and operational expenses require careful management. However, the revised guidance and strong operational performance present opportunities for continued growth and stability.

Antero Midstream Partners reports strong Q2 performance and growth opportunities

AM's Q2 2023 performance reflected strong EBITDA growth and positive free cash flow, supported by operational and capital efficiencies.
Despite challenges such as ongoing litigation and market dynamics, AM is well-positioned to capitalize on opportunities for growth and value creation.
The focus on cost-saving initiatives and strategic capital allocation underscores AM's commitment to enhancing operational efficiency and profitability.
Analyst inquiries during the earnings call highlighted the positive impact of AR's performance on AM and the potential for continued EBITDA growth in 2024.

Antero Midstream Partners reports record EBITDA and free cash flow

Antero Midstream Partners delivered a robust performance in Q3 2023, showcasing financial strength and operational resilience.
The company's focus on capital efficiency, free cash flow generation, and ESG achievements positions it well for sustainable growth.
While facing challenges in leverage management and strategic decision-making, AM has opportunities to drive EBITDA growth, expand operations, and pursue value-enhancing M&A activities.

Antero Midstream (AM) posts strong Q4 results, eyes growth opportunities

Antero Midstream (AM) delivered a robust performance in Q4 2023, with a positive outlook for 2024. The company remains focused on achieving sustainable free cash flow, maximizing shareholder value, and meeting its 5-year targets.

Antero Midstream Partners (AM) excels in Q1 2024 earnings call

Antero Midstream Partners (AM) delivered exceptional results in Q1 2024, driven by operational efficiencies, cost savings, and strong financial performance.
The company's focus on debt reduction, capital allocation priorities, and achieving leverage targets ahead of schedule bode well for future growth and shareholder returns.
While facing potential challenges in a dynamic market environment, AM's strengths in premium gas price realizations, project execution, and financial discipline position it for continued success.

Antero Midstream (AM) reports strong Q2 performance and upgrades credit rating

Antero Midstream (AM) delivered a robust performance in Q2 2024, marked by strong financial metrics and operational improvements, positioning the company for future growth.
The company's strategic acquisitions, credit rating upgrade, and focus on balance sheet flexibility underscore its commitment to enhancing shareholder value and financial strength.
While challenges exist in managing operational complexities and industry dynamics, Antero Midstream's proactive approach to capital allocation and growth initiatives presents promising opportunities for sustained success.

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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.

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Antero Midstream boosted its 2023 free cash flow expectations by $35 million. It is benefiting from production outperformance from Antero Resources. Cost savings (from rebate fees and capex) may improve its 2024 free cash flow by another $80 million to $650 million before dividends.

Antero Midstream: Free Cash Flow May Reach $650 Million In 2024

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Antero Midstream is benefiting from the solid operating efficiencies of its parent, Antero Resources, as the E&P's volumes increase. AM stock remains one of the cheapest in the G&P midstream space. AM's strong volume growth and cost-saving measures position it for strong free cash flow and a potential distribution hike in 2024.

Antero Midstream: Steady Performance And 2024 Shaping Up To Be Strong

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Antero Midstream Corporation is a high-yield stock with a current yield of 7.5% and potential for more than 10% yield in the future. AM is a midstream energy company with stable revenue streams from fixed-fee contracts and limited exposure to commodity price risks. The company is expected to increase its dividend in 2024 and has a strong balance sheet, making it an attractive income play in the energy sector.

Antero Midstream: The Path To A 10% Yield

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Antero Midstream Corporation (AM) Up 1.5% Since Last Earnings Report: Can It Continue?

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Antero Midstream continues to make progress towards increased dividends as net leverage will fall below 3 in 2024. The company reported strong financial results, with net cash generated of $31 million and adjusted EBITDA 10% higher than last year. Management expects steady results to continue and anticipates lower capital expenses and increased savings in 2024.

Antero Midstream: Sailing Toward Higher Dividends

Acquiring assets below cost is aiding the decline of the capital budget. Increasing EBITDA and decreasing capital needs are making a big difference in free cash flow. Dividend coverage has increased to very comfortable from "market worrying".

Antero Midstream: Go Acquisitions

Although the revenue and EPS for Antero Midstream Corporation (AM) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Here's What Key Metrics Tell Us About Antero Midstream Corporation (AM) Q2 Earnings

Antero Resources

DENVER , July 26, 2023 /PRNewswire/ -- Antero Resources Corporation (NYSE: AR) ("Antero Resources," "Antero," or the "Company") today announced its second quarter 2023 financial and operating results. The relevant consolidated financial statements are included in Antero Resources' Quarterly Report on Form 10-Q for the quarter ended June 30, 2023.

Antero Resources Announces Second Quarter 2023 Financial and Operational Results and Increased Production Guidance

DENVER , July 26, 2023 /PRNewswire/ -- Antero Midstream Corporation (NYSE: AM) ("Antero Midstream" or the "Company") today announced its second quarter 2023 financial and operational results. The relevant unaudited condensed consolidated financial statements are included in Antero Midstream's Quarterly Report on Form 10-Q for the quarter ended June 30, 2023.

Antero Midstream Announces Second Quarter 2023 Financial and Operational Results

The midstream sector has been much less interesting to the market, especially as interest rates have gone up. Antero Midstream Corporation has a strong sponsor with Antero Resources, especially with recent acquisitions of midstream companies by the sponsor. The company has lowered capital spending and is moving into a period of substantial free cash flow generation. We expect the FCF to drive substantial shareholder returns.

Antero Midstream: Look At The Stagnating Midstream Sector

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DENVER , July 12, 2023 /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 per share for the second quarter of 2023. In addition, Antero Midstream announced plans to issue their second quarter 2023 earnings on Wednesday, July 26, 2023 after the close of trading on the New York Stock Exchange.

Antero Midstream Announces Second Quarter 2023 Return of Capital and Earnings Release Date and Conference Call

DENVER , July 12, 2023 /PRNewswire/ -- Antero Resources (NYSE: AR) ("Antero" or the "Company") announced today that the Company plans to issue its second quarter 2023 earnings release on Wednesday, July 26, 2023 after the close of trading on the New York Stock Exchange. A conference call is scheduled on Thursday, July 27, 2023 at 9:00 am MT to discuss the financial and operational results.

Antero Resources Announces Second Quarter 2023 Earnings Release Date and Conference Call

Antero Midstream Corporation's strategy to reduce capital expenditures has resulted in increased free cash flow and consistent growth in adjusted EBITDA. The company plans to reduce capital spending to $180-200 million by year-end, resulting in $125-155 million of free cash flow after a $430 million dividend payment. Despite a total debt of $3.3 billion, the absence of immediate debt maturities and a robust balance sheet are key factors contributing to AM's ability to achieve its financial goals.

Antero Midstream: Solid Balance Sheet Sets Stage For Promising Growth

Antero Midstream Corporation's share price has been slow to recover. However, the company still has steady growth and an 8% dividend. The company has a strong financial and debt position, but it will need to roll over debt at some point. Going forward, we expect Antero Midstream to continue generating double-digit shareholder returns, making it a valuable investment.

Antero Midstream: The Slow Improvement Trajectory Can Continue

Antero Midstream remains on track after raising its full-year guidance and lowering its Capex target. The company will see a nice boost to FCF next year as rebate payments to AR roll off. AM remains an attractive midstream stock with a strong balance sheet and growth outlook, and I maintain a "Buy" rating while increasing target price to $14.

Antero Midstream Continues To Remain One Of The Most Attractive Midstream Stocks

Antero Midstream offers a 9% dividend yield backed by operations of its parent company, Antero Resources, making it a top high-yield choice in the energy sector. The company has room to grow its dividend, strong financials, and benefits from high natural gas demand and positive trends in related industries like liquid natural gas. Despite higher risk due to its very high yield, Antero Midstream is transforming into a sustainable midstream player with capital gains potential and sustainable dividend growth.

Antero Midstream: A Juicy 9% Yielder I Like

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