Antero Midstream (AM) Reports Q4 Earnings: What Key Metrics Have to Say

Core Insights - Antero Midstream Corporation reported a revenue of $287.48 million for the quarter ended December 2024, reflecting a 10.5% increase year-over-year, and an EPS of $0.23, slightly down from $0.24 in the previous year [1] - The revenue exceeded the Zacks Consensus Estimate of $269.66 million by 6.61%, while the EPS met the consensus estimate [1] Financial Performance Metrics - Average Daily Volumes for Low Pressure Gathering were 3,276 million cubic feet, surpassing the estimated 3,266.05 million cubic feet [4] - Average Daily Volumes for High Pressure Gathering reached 3,045 million cubic feet, compared to the estimated 3,039.88 million cubic feet [4] - Average Daily Volumes for Compression were 3,266 million cubic feet, exceeding the estimate of 3,226.01 million cubic feet [4] - Average Daily Volumes for Fresh Water Delivery were 114 million barrels of oil, significantly higher than the estimated 82.41 million barrels [4] - Average Daily Volumes for Other Fluid Handling were 51 million barrels of oil, slightly below the estimated 55.08 million barrels [4] Revenue Breakdown - Revenues from Water Handling for Antero Resources were $70.05 million, exceeding the estimate of $57.65 million, marking a 15.6% increase year-over-year [4] - Revenues from Gathering and Processing for Antero Resources were $234.63 million, above the estimated $231.73 million, reflecting an 8.3% year-over-year increase [4] - Revenues from Gathering and Processing were reported at $225.36 million, surpassing the estimate of $218.89 million, with an 8.6% year-over-year change [4] - Revenues from Water Handling were $62.12 million, exceeding the estimate of $51.31 million, representing a 17.8% increase year-over-year [4] - Amortization of customer relationships reported at -$17.67 million, slightly better than the estimate of -$18.11 million, with no year-over-year change [4] Stock Performance - Antero Midstream's shares returned -0.1% over the past month, while the Zacks S&P 500 composite increased by 4.3% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]