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

14.02USD+0.08 (+0.57%)Market Closed

Market Summary

USD14.02+0.08

Market Closed

0.57%

AM Stock Price

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AM RSI Chart

AM Valuation

Market Cap

6.7B

Price/Earnings (Trailing)

17.18

Price/Sales (Trailing)

6.3

EV/EBITDA

22.23

Price/Free Cashflow

9.53

AM Price/Sales (Trailing)

AM Profitability

EBT Margin

49.21%

Return on Equity

18.1%

Return on Assets

6.77%

Free Cashflow Yield

10.49%

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

Last 7 days

2.6%

Last 30 days

1.2%

Last 90 days

14.7%

Trailing 12 Months

41.8%

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)

0.35%

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

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

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>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
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

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

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
Apr 23, 2024	Louisiana State Employees Retirement System	added	2.4	178,759	1,377,880	0.03%
Apr 23, 2024	CGC Financial Services, LLC	unchanged	-	765	7,030	-%
Apr 23, 2024	NEW MEXICO EDUCATIONAL RETIREMENT BOARD	unchanged	-	105,000	962,000	0.04%
Apr 23, 2024	NATIONS FINANCIAL GROUP INC, /IA/ /ADV	added	444	914,438	1,093,520	0.09%
Apr 23, 2024	AMALGAMATED BANK	reduced	-9.29	55,000	3,142,000	0.03%
Apr 23, 2024	Global Retirement Partners, LLC	reduced	-10.36	421	16,914	-%
Apr 23, 2024	FIFTH THIRD BANCORP	reduced	-0.12	3,709	34,433	-%
Apr 22, 2024	MetLife Investment Management, LLC	reduced	-1.59	70,078	2,464,410	0.02%
Apr 22, 2024	Raymond James Financial Services Advisors, Inc.	reduced	-2.00	403,541	4,451,510	0.01%
Apr 22, 2024	Prospect Financial Services LLC	sold off	-100	-134,698	-	-%

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
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
Apr 17, 2024	4	Insider Trading
Apr 17, 2024	4	Insider Trading
Apr 17, 2024	4	Insider Trading
Apr 11, 2024	4	Insider Trading
Apr 11, 2024	4	Insider Trading
Apr 11, 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	75.8B	43.6B	-0.75%	-9.10%	12.25	1.74	-18.12%	106.16%
EPD	63.0B	49.7B	0.35%	11.09%	11.39	1.27	-14.56%	0.77%
ET	53.4B	78.6B	1.93%	26.58%	13.57	0.68	-12.56%	-17.26%
KMI	41.8B	15.3B	4.73%	8.10%	17.01	2.74	-18.66%	-3.98%
LNG	36.9B	20.3B	-1.66%	5.28%	3.74	1.82	-39.46%	591.95%
PAA	12.8B	48.7B	6.35%	39.31%	10.4	0.26	-15.05%	18.61%
MID-CAP
AM	6.7B	1.1B	1.16%	41.80%	17.18	6.3	10.45%	16.98%
ENLC	6.2B	6.9B	3.69%	41.67%	30.26	0.9	-27.69%	-42.93%
ETRN	5.8B	1.4B	14.30%	190.85%	13.09	4.18	2.66%	265.30%
HESM	2.8B	1.3B	0.08%	25.25%	11.83	2.11	5.76%	9.36%
INSW	2.6B	1.1B	1.32%	26.16%	4.71	2.45	23.95%	43.45%
SMALL-CAP
GLP	1.6B	16.5B	2.82%	48.11%	10.4	0.1	-12.64%	-57.90%
GEL	1.5B	3.2B	16.70%	19.66%	13.02	0.48	13.91%	56.01%
GPP	286.4M	82.4M	-4.55%	-4.48%	7.48	3.48	5.74%	-6.51%
MMLP	105.7M	734.3M	5.38%	7.87%	27.74	0.14	-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	-100.0%	-	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	3.7%	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	1.3%	174	172	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	-100.0%	-	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	-	-	-	-	-	108,364	-	-	-	108,149	-	-	-	147,194	-	-	-	-	-	-	-	-
Buy Backs	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8,889	15,824	-	25,519	-	-

AM Income Statement

2023-12-31

Consolidated Statements of Operations and Comprehensive Income - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenue:
Amortization of customer relationships	$ (70,672)	$ (70,672)	$ (70,672)
Total revenue	1,041,771	919,985	898,202
Operating expenses:
Direct operating	213,165	180,254	157,120
General and administrative (including $13,529, $19,654 and $31,606 of equity-based compensation in 2021, 2022 and 2023, respectively)	71,068	62,125	63,838
Facility idling	2,459	4,166	3,997
Depreciation	136,059	131,762	108,790
Impairment of property and equipment	146	3,702	5,042
Accretion of asset retirement obligations	177	222	460
Loss on settlement of asset retirement obligations	805	539
Loss (gain) on asset sale	6,030	(2,251)	3,628
Total operating expenses	429,909	380,519	342,875
Operating income	611,862	539,466	555,327
Other income (expense):
Interest expense, net	(217,245)	(189,948)	(175,281)
Equity in earnings of unconsolidated affiliates	105,456	94,218	90,451
Loss on early extinguishment of debt			(21,757)
Total other expense	(111,789)	(95,730)	(106,587)
Income before income taxes	500,073	443,736	448,740
Income tax expense	(128,287)	(117,494)	(117,123)
Net income and comprehensive income	$ 371,786	$ 326,242	$ 331,617
Net income per share-basic (in dollars per share)	$ 0.77	$ 0.68	$ 0.69
Net income per share-diluted (in dollars per share)	$ 0.77	$ 0.68	$ 0.69
Weighted average common shares outstanding:
Basic (in shares)	479,378	478,232	477,270
Diluted (in shares)	482,372	480,300	479,736
Natural Gas, Gathering, Transportation, Marketing and Processing - Affiliate
Revenue:
Total operating revenues	$ 842,362	$ 743,265	$ 749,737
Natural Gas Water Handling and Treatment - Affiliate
Revenue:
Total operating revenues	268,667	244,770	218,621
Natural Gas Water Handling and Treatment
Revenue:
Total operating revenues	$ 1,414	$ 2,622	$ 516

AM Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 66
Income tax receivable		$ 940
Other current assets	1,500	1,326
Total current assets	91,128	88,993
Property and equipment, net	3,793,523	3,751,431
Investments in unconsolidated affiliates	626,650	652,767
Customer relationships	1,215,431	1,286,103
Other assets, net	10,886	12,026
Total assets	5,737,618	5,791,320
Current liabilities:
Accrued liabilities	80,630	72,715
Other current liabilities	831	1,061
Total current liabilities	96,417	102,077
Long-term liabilities:
Long-term debt	3,213,216	3,361,282
Deferred income tax liability, net	265,879	131,215
Other	10,375	4,428
Total liabilities	3,585,887	3,599,002
Stockholders' Equity:
Preferred stock
Common stock, $0.01 par value; 2,000,000 authorized; 478,497 and 479,713 issued and outstanding as of December 31, 2022 and 2023, respectively	4,797	4,785
Additional paid-in capital	2,046,487	2,104,740
Retained earnings	100,447	82,793
Total stockholders' equity	2,151,731	2,192,318
Total liabilities and stockholders' equity	5,737,618	5,791,320
Affiliated Entity
Current assets:
Accounts receivable	88,610	86,152
Current liabilities:
Accounts payable	4,457	5,436
Nonrelated Party
Current assets:
Accounts receivable	952	575
Current liabilities:
Accounts payable	10,499	22,865
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 Apr 24 2024, market cap of Antero Midstream Corp is 6.72 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 Apr 24 2024, AM's PE ratio (Price to Earnings) is 18.08 and Price to Sales (PS) ratio is 6.45. 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.