Diy13 Last February, I started coverage of Antero Midstream (NYSE:AM) with a “Buy” rating, citing benefits coming from upcoming rebate roll-offs, a recent acquisition, and a commitment to lower its leverage. The stock has generated a 24% return since then, keeping pace with S&P. I last covered the stock in November, saying I thought a potential distribution increase sometime in 2024 could be a catalyst. The stock has a return of -4% versus a 10% gain in the S&P over the same period. With AM rebounding a ...

Antero Midstream Corporation (AM) reported fourth-quarter 2023 adjusted earnings per share of 24 cents, which beat the Zacks Consensus Estimate of 21 cents. The bottom line also improved from the year-ago quarter’s level of 20 cents.Total quarterly revenues of $260 million surpassed the Zacks Consensus Estimate of $249 million. The top line also increased from $242 million recorded in the year-ago quarter.Such strong quarterly results were primarily driven by higher compression and increased low pressure ga ...

JoeLena Introduction It's time to talk about a company I made a core position in my dividend growth portfolio in early January. That company is Antero Midstream (NYSE:AM), the Colorado-based owner of midstream assets used by Antero Resources (AR), one of America's largest natural gas producers. On December 24, I wrote an article titled Dividend Investors Take Note! 7%-Yielding Antero Midstream Is One Of My Favorites For 2024." As the title suggests, I explained what makes Antero Midstream such a fantast ...

Fourth Quarter 2023 Earnings Presentation February 15, 2024 Antero Midstream (NYSE: AM) Legal Disclaimer Forward-Looking Statements: This presentation includes "forward-looking statements" within the meaning of federal securities laws. Such forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond Antero Midstream Corporation’s (“Antero Midstream” or “AM”) control. All statements, other than historical facts included in this presentation, are forward-looking sta ...

Antero Midstream Corporation. (NYSE:AM) Q4 2023 Earnings Conference Call February 15, 2024 12:00 PM ET Company Participants Justin Agnew - Director, Finance Paul Rady - Chairman, Chief Executive Officer, & President, Antero Resources & Antero Midstream Brendan Krueger - Chief Financial Officer Conference Call Participants Jeremy Tonet - JPMorgan Chase Brian Reynolds - UBS John Mackay - Goldman Sachs Zack Van Everen - TPH Ned Baramov - Wells Fargo Operator Greetings and welcome to the Antero Midstream's Four ...

For the quarter ended December 2023, Antero Midstream Corporation (AM) reported revenue of $260.17 million, up 7.7% over the same period last year. EPS came in at $0.24, compared to $0.20 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $249.45 million, representing a surprise of +4.30%. The company delivered an EPS surprise of +14.29%, with the consensus EPS estimate being $0.21.While investors closely watch year-over-year changes in headline numbers -- revenue and e ...

DENVER, Feb. 14, 2024 /PRNewswire/ -- Antero Midstream Corporation (NYSE: AM) ("Antero Midstream" or the "Company") today announced its fourth quarter 2023 financial and operating results and 2024 guidance. In addition, Antero Midstream announced the authorization of a $500 million share repurchase program. The relevant consolidated financial statements are included in Antero Midstream's Annual Report on Form 10-K for the year ended December 31, 2023. Fourth Quarter 2023 Highlights: Net Income was $100 mil ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File No. 001-38075 | --- | --- | |----------------------------------------|---------------------------------------------------------------------------------| | Securities \nTit ...

While it’s usually a solid principle to bet alongside Wall Street’s top experts, sometimes, they don’t get it right, which brings us to contrarian analyst picks. You know how I’ve been supporting my arguments with analyst ratings and price targets? Well, this time, we’re going to dive into the opposite realm; that is, trading against the experts.Based on the data, contrarian analyst picks might make sense. According to a CNBC report in September 2020, individual stock picking suffers a terrible track record ...

Chip SomodevillaCo-authored with “Hidden Opportunities” “They don't make them like they used to.” I often hear this about the purchased goods, equipment, vehicles, and houses from my grandparents and often from my parents. This expression is often used to convey a sense of nostalgia or admiration for the perceived durability, craftsmanship, or quality of products from the past compared to more contemporary ones. Today, I'm going to discuss this from a human capital perspective. A study from 2016 reveale ...