Antero Midstream Corp (N:AM)

Business Focus: Oil Related Services and Equipment

Sector:  Energy Industry:  Oil Related Services and Equipment
See Regulatory Filings on SEC
Company Contact
Address: 1615 Wynkoop St
DENVER CO 80202-1106
Tel: N/A
IR: See website
Key People
Business Overview
Antero Midstream Corp, formerly Antero Midstream GP LP, owns, operates and develops midstream energy infrastructure. The Company's segments include gathering and processing and water handling and treatment. The gathering and processing segment consist of long-term, fee-based activities including low-pressure gathering, compression, high-pressure gathering, processing, fractionation, and condensate gathering. The Company's water handling and treatment segment consists of long-term fee based activities including fresh water delivery used in completion activity, and water handling services. The Company's assets are located both in the southwestern core of the Marcellus Shale in northwest West Virginia and in the core of the Utica Shale in southern Ohio.
Financial Overview
For the three months ended 31 March 2019, Antero Midstream Corp revenues increased from $0K to $54.1M. Net income decreased 22% to $9.6M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income was offset by Gathering and processing segment income decrease of 59% to $26.1M. Dividend per share increased from $0.11 to $0.30.
Reporting Currency: U.S. Dollars
Enterprise value: $9,144M as of Mar 31, 2019
Annual revenue (TTM): $54.11M as of Mar 31, 2019
EBITDA (TTM): -$14.25M as of Mar 31, 2019
Net annual income (TTM): $58.63M as of Mar 31, 2019
Free cash flow (TTM): $7.62M as of Mar 31, 2019
Net Debt Last Fiscal Year: $2,388M as of Mar 31, 2019
Shares outstanding: 506,847,308 as of Apr 26, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization