AM - Antero Midstream Corp Stock Price, Fair Value and News

14.69USD+0.02 (+0.14%)Delayed as of 16 May 2024, 10:06 am ET

Market Summary

USD14.69+0.02

Delayedas of 16 May 2024, 10:06 am

0.14%

AM Stock Price

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AM RSI Chart

AM Valuation

Market Cap

7.1B

Price/Earnings (Trailing)

18.14

Price/Sales (Trailing)

6.65

EV/EBITDA

22.97

Price/Free Cashflow

8.75

AM Price/Sales (Trailing)

AM Profitability

EBT Margin

49.21%

Return on Equity

18.1%

Return on Assets

6.77%

Free Cashflow Yield

11.43%

AM Fundamentals

AM Revenue

Revenue (TTM)

1.1B

Rev. Growth (Yr)

7.54%

Rev. Growth (Qtr)

7.26%

AM Earnings

Earnings (TTM)

389.2M

Earnings Growth (Yr)

20.14%

Earnings Growth (Qtr)

3.46%

Breaking Down AM Revenue

52 Week Range

14.69

(Low)(High)

Last 7 days

2.8%

Last 30 days

7.3%

Last 90 days

18.2%

Trailing 12 Months

41.0%

How does AM drawdown profile look like?

AM Financial Health

Current Ratio

1.25

Debt/Equity

1.48

Debt/Cashflow

0.25

AM Investor Care

Shares Dilution (1Y)

0.33%

Diluted EPS (TTM)

0.8

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	1.1B	0	0	0
2023	961.0M	990.3M	1.0B	1.0B
2022	892.6M	888.7M	894.9M	920.0M
2021	881.1M	894.2M	885.6M	898.2M
2020	982.2M	946.3M	935.9M	900.7M
2019	168.6M	391.0M	597.0M	792.6M
2018	86.6M	104.4M	123.2M	142.9M
2017	26.6M	39.2M	53.5M	69.7M
2016	5.2M	9.1M	13.0M	16.9M
2015	0	0	0	1.3M

Get all data in R, Python etc through our Historical Stock Data APIs

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Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

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Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

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Tracking the Latest Insider Buys and Sells of Antero Midstream Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 15, 2024	pearce sheri	sold (taxes)	-224,010	13.66	-16,399	see remarks
Apr 15, 2024	schultz yvette k	sold (taxes)	-447,980	13.66	-32,795	see remarks
Apr 15, 2024	kennedy michael n.	sold (taxes)	-605,179	13.66	-44,303	see remarks
Apr 15, 2024	krueger brendan e.	sold (taxes)	-424,512	13.66	-31,077	see remarks
Apr 15, 2024	rady paul m	sold (taxes)	-2,596,590	13.66	-190,087	see remarks
Apr 10, 2024	keyte david h	acquired	-	-	2,517	-
Apr 10, 2024	chisholm nancy	acquired	-	-	2,517	-
Apr 10, 2024	dea peter a	acquired	-	-	2,517	-
Apr 10, 2024	mollenkopf john c	acquired	-	-	2,517	-
Apr 10, 2024	klimley brooks j	acquired	-	-	2,517	-

Which funds bought or sold AM recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 15, 2024	SHAH CAPITAL MANAGEMENT	reduced	-55.55	-11,301,600	11,248,000	3.15%
May 15, 2024	NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO	added	24.00	123	436	-%
May 15, 2024	Blackstone Inc.	reduced	-0.42	1,068,830	10,172,800	0.04%
May 15, 2024	CAPITAL FUND MANAGEMENT S.A.	new	-	1,679,620	1,679,620	-%
May 15, 2024	TWO SIGMA ADVISERS, LP	new	-	1,597,220	1,597,220	-%
May 15, 2024	Royal Bank of Canada	added	15.08	594,000	2,638,000	-%
May 15, 2024	GOLDMAN SACHS GROUP INC	added	150	34,366,300	53,330,100	0.01%
May 15, 2024	JANUS HENDERSON GROUP PLC	added	-	247,070	2,269,200	-%
May 15, 2024	ARROWSTREET CAPITAL, LIMITED PARTNERSHIP	new	-	13,148,000	13,148,000	0.01%
May 15, 2024	SHELTON CAPITAL MANAGEMENT	unchanged	-	22,816	209,663	0.01%

Are Funds Buying or Selling AM?

Are funds buying AM calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own AM

No. of Funds

Unveiling Antero Midstream Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	7.41%	35,545,837	SC 13G/A
Feb 09, 2024	invesco ltd.	6.7%	32,191,118	SC 13G/A
Jan 25, 2024	blackrock inc.	8.0%	38,375,721	SC 13G/A
Feb 09, 2023	vanguard group inc	6.88%	32,912,960	SC 13G/A
Feb 03, 2023	invesco ltd.	7.0%	33,300,472	SC 13G/A
Feb 03, 2023	blackrock inc.	8.1%	38,884,707	SC 13G/A
Feb 09, 2022	vanguard group inc	6.50%	31,049,765	SC 13G/A
Feb 09, 2022	invesco ltd.	6.6%	31,346,762	SC 13G/A
Feb 03, 2022	blackrock inc.	6.3%	30,173,928	SC 13G/A
Feb 12, 2021	tortoise capital advisors, l.l.c.	0.5%	2,336,122	SC 13G/A

Recent SEC filings of Antero Midstream Corp

View All Filings

Date Filed	Form Type	Document
May 06, 2024	8-K	Current Report
May 02, 2024	8-K	Current Report
May 01, 2024	8-K	Current Report
Apr 25, 2024	ARS	ARS
Apr 25, 2024	DEF 14A	DEF 14A
Apr 25, 2024	DEFA14A	DEFA14A
Apr 24, 2024	10-Q	Quarterly Report
Apr 24, 2024	8-K	Current Report
Apr 17, 2024	4	Insider Trading
Apr 17, 2024	4	Insider Trading

Peers (Alternatives to Antero Midstream Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ENB	78.6B	42.6B	9.57%	-0.40%	13.36	1.85	-15.26%	110.89%
EPD	62.7B	52.0B	1.23%	11.43%	11.2	1.2	-9.70%	0.25%
ET	53.5B	81.2B	4.33%	27.53%	13.18	0.66	-8.10%	-11.70%
KMI	43.4B	15.3B	8.79%	19.94%	17.65	2.84	-18.66%	-3.98%
LNG	35.7B	17.4B	1.06%	9.24%	7.22	2.05	-47.07%	-35.95%
PAA	12.1B	48.4B	-1.09%	33.54%	11.31	0.25	-13.61%	-15.57%
MID-CAP
AM	7.1B	1.1B	7.32%	40.96%	18.14	6.65	10.45%	16.98%
ENLC	6.1B	6.8B	0.60%	46.16%	37.52	0.9	-24.85%	-57.72%
ETRN	6.0B	1.4B	11.19%	147.05%	13.23	4.33	-0.72%	272.22%
INSW	3.1B	1.1B	19.65%	64.99%	5.86	2.92	0.83%	-7.88%
HESM	2.8B	1.4B	1.62%	21.11%	19.66	2.01	10.36%	-29.40%
SMALL-CAP
GEL	1.6B	3.2B	10.57%	26.41%	12.11	0.5	7.09%	65.33%
GLP	1.5B	16.6B	-3.98%	41.00%	12.55	0.09	-9.78%	-67.33%
GPP	286.4M	82.4M	-4.55%	-4.48%	7.48	3.48	5.74%	-6.51%
MMLP	117.0M	734.3M	21.46%	31.58%	30.71	0.16	-25.40%	114.16%

Antero Midstream Corp News

Latest updates

Antero Midstream Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	7.3%	279	260	264	258	259	242	231	229	218	216	225	233	224	204	233	220	244	239	244	256	54.00
Operating Expenses	8.0%	113	104	102	113	111	97.00	93.00	101	89.00	88.00	83.00	81.00	91.00	89.00	82.00	85.00	763	432	578	138	44.00
S&GA Expenses	18.4%	21.00	18.00	18.00	18.00	17.00	15.00	14.00	16.00	18.00	17.00	15.00	14.00	18.00	13.00	13.00	12.00	14.00	33.00	31.00	35.00	20.00
EBITDA Margin	4.1%	0.42*	0.40*	0.39*	0.40*	0.41*	0.42*	0.42*	0.43*	0.42*	0.43*	0.43*	0.45*	-	-	-	-	-	-	-	-	-
Interest Expenses	-2.5%	-53.31	-52.00	-55.23	-55.39	-54.62	-52.41	-47.83	-45.43	-44.28	-44.37	-44.54	-43.50	-42.87	-39.56	-34.50	-35.31	-37.63	-36.53	-36.13	-31.52	-6.22
Income Taxes	18.2%	36.00	31.00	37.00	29.00	32.00	33.00	30.00	26.00	28.00	29.00	32.00	28.00	28.00	22.00	35.00	32.00	-144	-68.24	-62.27	30.00	-2.38
Earnings Before Taxes	6.9%	140	131	134	116	118	115	114	106	108	107	121	109	111	99.00	140	120	-537	-212	-351	100	7.00
EBT Margin	2.5%	0.49*	0.48*	0.47*	0.47*	0.47*	0.48*	0.49*	0.50*	0.50*	0.50*	0.50*	0.51*	-	-	-	-	-	-	-	-	-
Net Income	3.5%	104	100	98.00	87.00	87.00	83.00	84.00	79.00	80.00	79.00	89.00	80.00	83.00	76.00	106	88.00	-392	-144	-289	69.00	10.00
Net Income Margin	2.8%	0.37*	0.36*	0.35*	0.34*	0.35*	0.35*	0.36*	0.37*	0.37*	0.37*	0.37*	0.39*	-	-	-	-	-	-	-	-	-
Free Cashflow	1.1%	211	208	166	149	146	132	140	133	148	128	149	158	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	0.2%	5,749	5,738	5,759	5,753	5,771	5,791	5,564	5,586	5,581	5,544	5,534	5,541	5,547	5,611	5,674	5,715	5,781	6,283	6,446	6,769	6,668
Current Assets	46.7%	134	91.00	96.00	94.00	98.00	89.00	81.00	77.00	80.00	84.00	87.00	92.00	91.00	94.00	108	101	151	109	109	115	117
Cash Equivalents	39427.3%	26.00	0.00	-	-	-	-	-	-	-	-	-	1.00	0.00	1.00	2.00	3.00	1.00	1.00	-	8.00	2.00
Net PPE	-0.1%	3,789	3,794	3,783	3,756	3,749	3,751	3,508	3,492	3,461	3,395	3,346	3,294	3,250	3,254	3,256	3,250	3,228	3,273	3,216	3,744	3,660
Goodwill	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	575	903	1,135	1,135
Liabilities	0.4%	3,599	3,586	3,608	3,600	3,595	3,599	3,352	3,355	3,321	3,257	3,221	3,212	3,190	3,193	3,188	3,192	3,192	3,139	2,922	2,797	2,633
Current Liabilities	11.3%	107	96.00	111	97.00	96.00	102	106	124	139	114	119	118	80.00	94.00	61.00	98.00	84.00	242	260	238	118
Long Term Debt	-1.2%	3,175	3,213	3,259	3,307	3,331	3,361	3,143	3,158	3,133	3,123	3,096	3,088	3,103	3,092	3,122	3,089	3,104	2,892	2,658	2,526	2,390
LT Debt, Non Current	-1.2%	3,175	3,213	3,259	3,307	3,331	3,361	3,143	3,158	3,133	3,123	3,096	3,088	3,103	3,092	3,122	3,089	3,104	2,892	2,658	2,526	2,390
Shareholder's Equity	-0.1%	2,150	2,152	2,151	2,153	2,175	2,192	2,212	2,230	2,260	2,287	2,313	2,328	2,357	2,418	2,485	2,523	2,589	3,143	3,523	3,972	4,036
Retained Earnings	3.5%	104	100	98.00	87.00	87.00	83.00	84.00	27.00	-52.43	-132	-211	-300	-380	-464	-540	-646	-734	-341	-197	92.00	23.00
Additional Paid-In Capital	-0.2%	2,042	2,046	2,049	2,061	2,084	2,105	2,123	2,198	2,308	2,414	2,519	2,624	2,733	2,878	3,021	3,164	3,319	3,480	3,715	3,875	4,007
Shares Outstanding	0.1%	480	480	480	480	479	478	478	478	478	477	477	477	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	3,900	-	-	-	3,000	-	-	-	3,400	-	-	-	1,600	-	-	-	2,800	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	1.1%	210,561	208,321	202,437	185,586	182,719	168,628	176,795	169,517	184,664	164,262	185,115	194,674	165,701	206,493	158,476	241,427	146,986	192,515	177,708	182,577	69,587
Share Based Compensation	10.6%	9,327	8,431	8,349	8,499	6,327	5,628	5,553	5,641	2,832	3,203	3,255	3,059	4,012	3,065	3,678	2,697	3,338	15,362	20,129	21,543	21,543
Cashflow From Investing	30.9%	-37,123	-53,698	-45,297	-42,060	-42,151	-277,870	-53,264	-78,546	-84,146	-75,877	-83,661	-46,051	-27,653	-31,225	-44,665	-65,964	-77,377	-169,382	-134,892	-160,223	-61,178
Cashflow From Financing	4.6%	-147,416	-154,557	-157,140	-143,526	-140,568	109,242	-123,531	-90,971	-100,518	-88,385	-102,132	-148,206	-138,427	-177,021	-114,415	-172,466	-70,844	-21,898	-50,607	-16,531	-9,263
Dividend Payments	-	107,918	-	-	-	108,364	-	-	-	108,149	-	-	-	-	-	-	-	-	-	-	-	-
Buy Backs	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8,889	15,824	-	25,519	-	-

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AM Income Statement

2024-03-31

Condensed Consolidated Statements of Operations and Comprehensive Income - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenue:
Amortization of customer relationships	$ (17,668)	$ (17,668)
Total revenue	279,051	259,475
Operating expenses:
Direct operating	53,918	57,873
General and administrative (including $6,327 and $9,327 of equity-based compensation in 2023 and 2024, respectively)	21,221	17,347
Facility idling	522	574
Depreciation	37,095	35,196
Accretion of asset retirement obligations	44	44
Loss on settlement of asset retirement obligations		341
Gain on asset sale		(245)
Total operating expenses	112,800	111,130
Operating income	166,251	148,345
Other income (expense):
Interest expense, net	(53,308)	(54,624)
Equity in earnings of unconsolidated affiliates	27,530	24,456
Loss on early extinguishment of debt	(59)
Total other expense	(25,837)	(30,168)
Income before income taxes	140,414	118,177
Income tax expense	(36,488)	(31,670)
Net income and comprehensive income	$ 103,926	$ 86,507
Net income per share-basic (in dollars per share)	$ 0.22	$ 0.18
Net income per share-diluted (in dollars per share)	$ 0.21	$ 0.18
Weighted average common shares outstanding:
Basic (in shares)	479,897	478,612
Diluted (in shares)	484,303	481,459
Natural Gas, Gathering, Transportation, Marketing and Processing - Affiliate
Revenue:
Total operating revenues	$ 227,593	$ 199,576
Natural Gas Water Handling and Treatment - Affiliate
Revenue:
Total operating revenues	68,455	77,295
Natural Gas Water Handling and Treatment
Revenue:
Total operating revenues	$ 671	$ 272

AM Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 26,088	$ 66
Other current assets	1,811	1,500
Total current assets	133,688	91,128
Property and equipment, net	3,788,559	3,793,523
Investments in unconsolidated affiliates	619,220	626,650
Customer relationships	1,197,763	1,215,431
Other assets, net	10,011	10,886
Total assets	5,749,241	5,737,618
Current liabilities:
Accrued liabilities	82,044	80,630
Other current liabilities	876	831
Total current liabilities	107,319	96,417
Long-term liabilities:
Long-term debt	3,174,873	3,213,216
Deferred income tax liability, net	302,366	265,879
Other	14,304	10,375
Total liabilities	3,598,862	3,585,887
Stockholders' Equity:
Preferred stock
Common stock, $0.01 par value; 2,000,000 authorized; 479,713 and 480,328 issued and outstanding as of December 31, 2023 and March 31, 2024, respectively	4,803	4,797
Additional paid-in capital	2,041,650	2,046,487
Retained earnings	103,926	100,447
Total stockholders' equity	2,150,379	2,151,731
Total liabilities and stockholders' equity	5,749,241	5,737,618
Affiliated Entity
Current assets:
Accounts receivable	104,766	88,610
Current liabilities:
Accounts payable	11,445	4,457
Nonrelated Party
Current assets:
Accounts receivable	1,023	952
Current liabilities:
Accounts payable	12,954	10,499
Series A Preferred Stock
Stockholders' Equity:
Preferred stock

About Antero Midstream Corp

Antero Midstream Corporation owns, operates, and develops midstream energy infrastructure in the Appalachian Basin. 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 from sources, including the Ohio River, local reservoirs, and various regional waterways; uses water handling systems to transport flowback and produced water; and offers pumping stations, water storage, and blending facilities. The company was incorporated in 2013 and is headquartered in Denver, Colorado.

CEO	Mr. Paul M. Rady
WEBSITE	anteromidstream.com
INDUSTRY	Oil - Midstream
EMPLOYEES	586

Antero Midstream Corp Frequently Asked Questions

What is the ticker symbol for Antero Midstream Corp? What does AM stand for in stocks?

AM is the stock ticker symbol of Antero Midstream Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Antero Midstream Corp (AM)?

As of Wed May 15 2024, market cap of Antero Midstream Corp is 7.05 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of AM stock?

You can check AM's fair value in chart for subscribers.

What is the fair value of AM stock?

You can check AM's fair value in chart for subscribers. The fair value of Antero Midstream Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Antero Midstream Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for AM so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Antero Midstream Corp a good stock to buy?

The fair value guage provides a quick view whether AM is over valued or under valued. Whether Antero Midstream Corp is cheap or expensive depends on the assumptions which impact Antero Midstream Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for AM.

What is Antero Midstream Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed May 15 2024, AM's PE ratio (Price to Earnings) is 18.13 and Price to Sales (PS) ratio is 6.65. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. AM PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Antero Midstream Corp's stock?

In the past 10 years, Antero Midstream Corp has provided -0.047 (multiply by 100 for percentage) rate of return.