Antero Midstream generated $288 million in Q1 2026 adjusted EBITDA with a partial quarter contribution from its HG Midstream acquisition. It expects roughly $309 million per quarter in adjusted EBITDA during the rest of the year. Future growth results in a projected $1.4 billion in 2028 adjusted EBITDA in a base case scenario and $1.5 billion in an upside scenario.
Antero Midstream now guides for single-digit growth. AM's stock price has risen substantially since 2020. That rise has pushed valuation metrics, including a P/E ratio nearing 20, to uncomfortable highs. Current pricing exposes investors to downside risk relative to historical valuation norms.
Eagle Global Advisors LLC increased its position in shares of Antero Midstream Corporation (NYSE: AM) by 145.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 453,513 shares of the pipeline company's stock after acquiring an additional 268,923
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TJD Thomas John Drogan PR Inc.IPAL SECURITIES Inc. | 44,747 | $965,166.01 | $1.01M | $44,102.57 | 4.57% |
| DI David Izzi Brown, LISLE/CUMMINGS Inc. | 500 | $9,000 | $11,277.5 | $2,277.5 | 25.31% |
| CE Curtis Ellergodt Rothschild Investment LLC | 9 | $175.02 | $202.99 | $27.97 | 15.98% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 3,895 | $63,561.94 | $87,598.55 | $24,036.61 | 37.82% |
| JW Jamie Wilson CAPITAL ADVISORS Inc./OK | 19,521 | $226,738.71 | $440,686.57 | $213,947.86 | 94.36% |
| Oil, Gas & Consumable Fuels Industry | Energy Sector | Michael N. Kennedy CEO | NYSE Exchange | 03676B102 CUSIP |
| US Country | 632 Employees | 29 Apr 2026 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.