Antero Midstream Corporation (AM) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracke ...

For those looking to find strong Oils-Energy stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Antero Midstream Corporation (AM) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Oils-Energy peers, we might be able to answer that question.Antero Midstream Corporation is one of 251 individual stocks in the Oils-Energy sector. Collectively, these companies sit at #10 in the Zacks Sector Rank. The Z ...

Antero Midstream Corporation (AM) has witnessed upward earnings estimate revisions for 2024 in the past 60 days.The company, currently carrying a Zacks Rank #3 (Hold), beat the Zacks Consensus Estimate for earnings in the trailing four quarters, delivering a surprise of 11.1% on average.Sustained Earnings GrowthAntero Midstream has shown consistent earnings growth, with an 18% compound annual growth rate in EBITDA from 2014 to 2023, and is guiding to a mid-point of $1.04 billion of EBITDA for 2024. The comp ...

onurdongel Finally, after several years of the same dividend, Antero Midstream (NYSE:AM) management "let the cat out of the bag". It is finally time to put a dividend increase up for discussion in the future. Management still wants to get that debt ratio below 3.0. That is extremely conservative for a midstream company. However, captive midstream companies are typically run conservatively. In the meantime, management forecasts steady growth as parent company Antero Resources (AR) waits for more export capac ...

A month has gone by since the last earnings report for Antero Midstream Corporation (AM) . Shares have added about 8% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Antero Midstream Corporation due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Antero Midstream Q4 Ear ...

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 ...