Antero Midstream (AM) Stock Price, News & Analysis

Company 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 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 founded in 2002 and is headquartered in Denver, Colorado.

Key Stats

• Today's Range: $14.47 to $15.11
• 50-Day Range: $14.22 to $15.97
• 52-Week Range: $11.58 to $16.00
• Volume: 9.29 million shs
• Average Volume: 2.70 million shs
• Market Capitalization: $7.22 billion
• P/E Ratio: 18.53
• Dividend Yield: 6.00%
• Price Target: $15.00
• Consensus Rating: Reduce

Antero Midstream Stock Analysis - MarketRank™

Antero Midstream scored higher than 74% of companies evaluated by MarketBeat, and ranked 104th out of 270 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 0.8 / 5
• Analyst Rating: Reduce

Consensus Rating

Antero Midstream has received a consensus rating of Reduce. The company's average rating score is 1.67, and is based on no buy ratings, 2 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Antero Midstream has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 15.66%

Earnings Growth

Earnings for Antero Midstream are expected to grow by 15.66% in the coming year, from $0.83 to $0.96 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Antero Midstream is 18.53, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.72.

Price to Earnings Ratio vs. Sector

The P/E ratio of Antero Midstream is 18.53, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 15.74.

Price to Book Value per Share Ratio

Antero Midstream has a P/B Ratio of 3.34. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

3.92% of the float of Antero Midstream has been sold short.

Short Interest Ratio / Days to Cover

Antero Midstream has a short interest ratio ("days to cover") of 4.7.

Change versus previous month

Short interest in Antero Midstream has recently increased by 10.20%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Antero Midstream is a leading dividend payer. It pays a dividend yield of 6.05%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Antero Midstream does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Antero Midstream is 111.11%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on EPS estimates, Antero Midstream will have a dividend payout ratio of 93.75% in the coming year. This indicates that Antero Midstream may not be able to sustain their current dividend.

Sustainability and ESG

• Score: 3.3 / 5
• Environmental Score: -1.10

Percentage of Shares Shorted

3.92% of the float of Antero Midstream has been sold short.

Short Interest Ratio / Days to Cover

Antero Midstream has a short interest ratio ("days to cover") of 4.7.

Change versus previous month

Short interest in Antero Midstream has recently increased by 10.20%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.4 / 5
• News Sentiment: 1.09

News Sentiment

Antero Midstream has a news sentiment score of 1.09. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.68 average news sentiment score of Oils/Energy companies.

News Coverage This Week

MarketBeat has tracked 16 news articles for Antero Midstream this week, compared to 6 articles on an average week.

Search Interest

Only 10 people have searched for AM on MarketBeat in the last 30 days. This is a decrease of -17% compared to the previous 30 days.

MarketBeat Follows

2 people have added Antero Midstream to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Antero Midstream insiders have sold 726.43% more of their company's stock than they have bought. Specifically, they have bought $17,739.00 in company stock and sold $146,600.00 in company stock.

Percentage Held by Insiders

Only 0.61% of the stock of Antero Midstream is held by insiders.

Percentage Held by Institutions

53.97% of the stock of Antero Midstream is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

AM Stock Analysis - Frequently Asked Questions

How have AM shares performed this year?

Antero Midstream's stock was trading at $12.53 at the beginning of 2024. Since then, AM stock has increased by 19.8% and is now trading at $15.01.
View the best growth stocks for 2024 here.

How were Antero Midstream's earnings last quarter?

Antero Midstream Co. (NYSE:AM) announced its quarterly earnings data on Wednesday, July, 31st. The pipeline company reported $0.18 EPS for the quarter, missing analysts' consensus estimates of $0.22 by $0.04. The company's revenue for the quarter was up 4.4% compared to the same quarter last year.

Who are Antero Midstream's major shareholders?

Antero Midstream's top institutional shareholders include State Street Corp (2.30%), Geode Capital Management LLC (1.26%), Charles Schwab Investment Management Inc. (0.79%) and Kayne Anderson Capital Advisors LP (0.62%). Insiders that own company stock include Michael N Kennedy, Brendan E Krueger, Sheri Pearce, W Howard Keenan Jr, David H Keyte, Brooks J Klimley and Janine J Mcardle.
View institutional ownership trends.

How do I buy shares of Antero Midstream?

Shares of AM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Antero Midstream own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Antero Midstream investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Advanced Micro Devices (AMD), CrowdStrike (CRWD), Arista Networks (ANET) and General Electric (GE).

Company Calendar

• Last Earnings: 7/31/2024
• Ex-Dividend for 11/6 Dividend: 10/23/2024
• Dividend Payable: 11/06/2024
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Oils/Energy
• Industry: Natural gas transmission
• Sub-Industry: Housewares & Specialties
• Current Symbol: NYSE:AM
• CUSIP: 02637510
• CIK: 1598968
• Web: www.anteromidstream.com
• Phone: (303) 357-7310
• Fax: 303-357-7315
• Employees: 590
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $15.00
• High Stock Price Target: $16.00
• Low Stock Price Target: $13.00
• Potential Upside/Downside: -0.1%
• Consensus Rating: Reduce
• Rating Score (0-4): 1.67
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.81
• Trailing P/E Ratio: 18.53
• Forward P/E Ratio: 18.08
• P/E Growth: N/A
• Net Income: $371.79 million
• Net Margins: 36.16%
• Pretax Margin: 48.58%
• Return on Equity: 18.91%
• Return on Assets: 7.03%

Debt

• Debt-to-Equity Ratio: 1.49
• Current Ratio: 1.09
• Quick Ratio: 1.09

Sales & Book Value

• Annual Sales: $1.15 billion
• Price / Sales: 6.28
• Cash Flow: $1.32 per share
• Price / Cash Flow: 11.33
• Book Value: $4.49 per share
• Price / Book: 3.34

Miscellaneous

• Outstanding Shares: 481,324,000
• Free Float: 478,388,000
• Market Cap: $7.22 billion
• Optionable: Optionable
• Beta: 2.39