AM posts higher revenues on stronger gathering volumes, but rising operating costs weigh on quarterly earnings.
Antero Midstream met expectations with its Q3 2025 results. These results were similar to its Q2 2025 results, with gather volumes down 1% to 2% quarter-over-quarter but up 4% to 5% versus last year. The expectations are for similar Q4 2025 results as well.
Although the revenue and EPS for Antero Midstream (AM) give a sense of how its business performed in the quarter ended September 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
| Oil, Gas & Consumable Fuels Industry | Energy Sector | Michael N. Kennedy CEO | XBER Exchange | US03676B1026 ISIN |
| US Country | 616 Employees | 22 Oct 2025 Last Dividend | - Last Split | - IPO Date |
Antero Midstream Corporation is a prominent entity in the midstream sector of the energy industry, primarily serving the Appalachian Basin. With its foundation laid in 2002 and headquartered in Denver, Colorado, the corporation is dedicated to owning, operating, and developing an array of midstream energy assets. The company plays a pivotal role in supporting the fuel extraction processes, particularly for Antero Resources, by facilitating the efficient transportation and processing of extracted resources. Antero Midstream Corporation’s operations are segmented into Gathering and Processing, as well as Water Handling, indicating a diversified approach to handling the midstream energy requisites in West Virginia and Ohio.
This segment of Antero Midstream Corporation encompasses a comprehensive network of gathering pipelines and compressor stations designed to gather natural gas production directly from Antero Resources’ plethora of wells located in West Virginia and Ohio. It stands as a critical component in ensuring the seamless flow of raw materials from the point of extraction to the processing facilities, shedding light on the extensive infrastructure in place to handle significant volumes of natural gas.
The Water Handling segment demonstrates Antero Midstream’s commitment to environmental sustainability and operational efficiency. It involves sourcing fresh water from a variety of locations including the Ohio River, local reservoirs, and other regional waterways to support hydraulic fracturing activities. Moreover, the segment includes sophisticated water handling systems aimed at the transportation of flowback and produced water, thus minimizing the environmental footprint by recycling water used in the extraction processes. The availability of pumping stations, water storage, and blending facilities further exemplifies the company's comprehensive services designed to meet the exhaustive water management needs of the energy sector.