Antero Midstream (NYSE:AM - Get Free Report) is expected to be posting its quarterly earnings results after the market closes on Wednesday, February 12th. Analysts expect Antero Midstream to post earnings of $0.24 per share and revenue of $273.09 million for the quarter. Investors that are interested in participating in the company's conference call can do so using this link.
Antero Midstream Stock Performance
AM stock traded up $0.06 during midday trading on Friday, reaching $16.11. 1,606,187 shares of the company's stock traded hands, compared to its average volume of 2,609,920. The stock's 50-day moving average is $15.59 and its 200 day moving average is $15.13. The stock has a market cap of $7.75 billion, a P/E ratio of 19.89 and a beta of 2.31. Antero Midstream has a 52-week low of $11.58 and a 52-week high of $16.86. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 1.49.
Antero Midstream Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Wednesday, February 12th. Investors of record on Wednesday, January 29th will be issued a $0.225 dividend. The ex-dividend date is Wednesday, January 29th. This represents a $0.90 dividend on an annualized basis and a yield of 5.59%. Antero Midstream's dividend payout ratio is currently 111.11%.
Wall Street Analyst Weigh In
Several analysts have issued reports on the company. StockNews.com upgraded Antero Midstream from a "hold" rating to a "buy" rating in a research report on Tuesday. Wells Fargo & Company downgraded Antero Midstream from an "overweight" rating to an "equal weight" rating and set a $16.00 price objective for the company. in a research note on Wednesday, December 18th.
Get Our Latest Stock Analysis on Antero Midstream
About Antero Midstream
(
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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 collects and processes production from Antero Resources' wells in West Virginia and Ohio.
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