Inside the research

Antero Midstream Corporation

AM Research profile · latest available data

Price overview

$20.93

▼ -0.30 (-1.4%)

52w hi$23.12
52w lo$16.60
Vol2.73M
As of25 Sep 2026

The Verdict

Hold

Our score +0.05

Short-0.11
Medium+0.18
Long+0.10

computed 2026-09-27

Key fundamentals

Antero Midstream Corporation

Energy · Oil & Gas Midstream

Market cap$9.93B
Trailing P/E25.22x
Forward P/E12.98x
P / S (ttm)7.57x
Profit margin30.4%
Return on equity19.8%
Revenue growth+8.3%
Earnings growth-8.0%
Debt / equity185.54

Layer Breakdown

LayerRawContribution
Fundamental+0.16
Sector+0.09
Technical+0.01
Earnings+0.00
Sentiment-0.12

macro × 1.00 · 2026-09-27

Business overview

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 collect and process natural gas and NGLs from Antero Resources' wells in West Virginia and Ohio. The Water Handling segment delivers water from sources, including the Ohio River, local reservoirs, and various regional waterways; other fluid handling services, which include transfer and disposal; uses water handling systems to transport flowback and produced water; and buried pipelines, surface pipelines, and water storage facilities, as well as pumping stations and blending facilities. Antero Midstream Corporation was founded in 2002 and is headquartered in Denver, Colorado.

United States · www.anteromidstream.com

Risk Metrics

Beta vs SPX0.42
Corr SPX0.29
Annual vol23.6%
Annual ret+20.1%
Sharpe0.85
Max DD-14.0%

Window: 504 trading days (504 obs)

Analyst Coverage

Mean PT$23.29
High / Low$26.00 / $20.00
Median$23.00
Analysts7
Strong Buy0
Buy0
Hold7
Sell0
Strong Sell1

Recent rating actions

2026-03-25UBS→ Neutral
2026-03-13Wells Fargo→ Equal-Weight
2026-02-24Goldman Sachs→ Neutral
2026-02-13Wells Fargo→ Equal-Weight
2025-12-23Wells Fargo→ Equal-Weight
2025-11-12Morgan Stanley→ Underweight

Material Events

DateEvent8-K
2026-07-29Earnings Release, Exhibitsread
2026-07-27Reg FD Disclosureread
2026-06-04Shareholder Vote, Exhibitsread
2026-05-12Reg FD Disclosureread
2026-04-29Earnings Release, Exhibitsread
2026-04-01Reg FD Disclosureread
2026-02-23Reg FD Disclosure, Exhibitsread
2026-02-11Earnings Release, Exhibitsread
2026-02-03Acquisition / Disposition, Other Material Event…read
2025-12-23Material Obligation, Other Material Event…read
2025-12-10Other Material Event, Exhibitsread
2025-12-09Other Material Event, Exhibitsread

Flow & Concentration

Insider 180d net$0
Insider buys / sells0 / 0
Insider biasNeutral
13F holders8
Top-5 share97.6%
HHI4,825 (concentrated)

Top Holders

HolderValueShares
State Street Corp$262.96M11.56M
Capital Research / Capital World$47.59M2.09M
Fidelity / FMR LLC$42.66M1.88M
Citadel Advisors$18.83M827.61K
AQR Capital Management$9.57M420.45K
Millennium Management$5.19M228.30K
Bridgewater Associates$4.06M178.66K
T. Rowe Price Group$7.24K318.41K

As of 2026-06-30

Dividends

Yield (TTM)3.23%
$ / share (TTM)$0.68
5y CAGR-6.1%

Annual dividend per share

2021$0.98
2022$0.90
2023$0.90
2024$0.90
2025$0.90
2026$0.45

SEC Filings

DateFormDoc
2026-08-064view
2026-08-054view
2026-07-298-Kview
2026-07-2910-Qview
2026-07-278-Kview
2026-07-144view
2026-07-144view
2026-07-144view
2026-07-144view
2026-07-144view
2026-07-144view
2026-07-144view
2026-07-144view
2026-06-048-Kview
2026-05-128-Kview

The Long Run

FY 2017–2025 · 9 years

LineLatestCAGRTrend
Revenue$1.19B+72.3%
Operating income$644.67M+151.4%
Net income$12.39M+298.3%
Cash from ops$779.06M+73.4%

Indices

S&P MidCap 400

Recent Sessions

DateOpenHighLowCloseVol
Sep 25$21.06$21.18$20.75$20.932.73M
Sep 24$21.47$21.47$21.11$21.231.71M
Sep 23$21.23$21.80$21.20$21.381.87M
Sep 22$21.02$21.62$20.98$21.123.17M
Sep 21$21.10$21.19$20.91$21.042.68M

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