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 six months ended 30 June 2019, Antero Midstream Corp revenues increased from $0K to $309.7M. Net income increased from $26.3M to $78.9M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Dividend per share increased from $0.23 to $0.61. Basic Earnings per Share excluding Extraordinary Items increased from $0.14 to $0.17.
Reporting Currency: U.S. Dollars
Enterprise value: $6,188M as of Jun 30, 2019
Annual revenue (TTM): $309.73M as of Jun 30, 2019
EBITDA (TTM): $160.43M as of Jun 30, 2019
Net annual income (TTM): $114.02M as of Jun 30, 2019
Free cash flow (TTM): -$77.73M as of Jun 30, 2019
Net Debt Last Fiscal Year: $2,519M as of Jun 30, 2019
Shares outstanding: 506,896,640 as of Jul 26, 2019
Index Membership: S&P 400 Mid Cap
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization