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Antero Midstream Corporation

AM

Antero Midstream Corporation is a growth-oriented energy company that owns and operates midstream infrastructure in the Appalachian Basin.

Market cap
$10.33B+25.8%
Revenue$1.2B+6.9%
Net income$399.7M-12.4%
EPS (diluted)$0.84-11.6%
Trailing twelve months · change vs. prior year

Earnings

Next report

Date not yet announced

Financials

Q2 2026

Income statement

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Revenue$327.2M+7.1%
Operating income$181.9M-2.4%
Net income$113.5M-8.8%
EPS (diluted)$0.24-7.7%

Balance sheet

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Total debt$3.6B+19.4%
Total equity$1.9B-6.8%
Total assets$6.4B+11.1%

Cash flow

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Operating cash flow$254.2M-4.1%

Valuation & ratios

Valuation

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Market cap$10.33B+25.8%
P/E25.9×+8.0×
P/S8.4×+1.3×

Profitability

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Operating margin52.8%-8.2pp
Net margin32.4%-7.1pp

Returns & leverage

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Return on equity19.8%-1.8pp
Debt / equity1.9×+0.4×
Current ratio0.8×-0.2×

Segments

By product

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Gathering$137.7M+20.9%
Compression$72.5M+6.6%
Gathering High Pressure$61.3M-8.5%
Other Fluid Handling$45.4M+29.0%
Fresh Water Delivery$33.2M-15.1%

By segment

See full
Gathering And Compression$271.5M+9.1%
Water Handling$78.5M+6.5%

Competitors

Profile

Antero Midstream Corporation is a growth-oriented energy company that owns and operates midstream infrastructure in the Appalachian Basin. The company provides essential gathering, compression, processing, and water handling services primarily to support the production and completion activities of Antero Resources. Its business model is centered on long-term, fixed-fee contracts that provide stable cash flows and limit direct exposure to commodity price volatility.

Competitive position

A leading midstream provider in the Appalachian Basin with a unique just-in-time capital investment approach integrated with its primary customer's drilling schedule.

GeographiesUnited States, Appalachian Basin, West Virginia, Ohio
Customer segmentsExploration and Production (E&P) companies
Business modelFixed-fee service contracts, Cost of service fee contracts, Infrastructure ownership
SuppliersNatural gas and NGL production, Pipeline and facility construction materials, Water sources (e.g., Ohio River, regional reservoirs)
CustomersNatural gas processors, Downstream pipeline operators, Industrial energy consumers
Listed2017
Employees604.0
CEOMichael N. Kennedy
SectorEnergy
FilingsSEC EDGAR

Questions, answered.

What is Antero Midstream Corporation's market cap?
Antero Midstream Corporation (AM) has a market capitalization of $10.3B and trades on NYSE.
What is Antero Midstream Corporation's revenue and profitability?
Antero Midstream Corporation generated $1.2B in trailing twelve-month revenue with net income of $399.7M, representing a net margin of 32.4%. These figures are based on the Q2 2026 filing.
Who are Antero Midstream Corporation's competitors?
Antero Midstream Corporation's key competitors include EQT Corporation, MPLX LP, Targa Resources Corp., and others. These companies compete in similar markets and product categories.
Who does Antero Midstream Corporation partner with?
Antero Midstream Corporation's notable partners include Antero Resources, HG Energy II LLC.
What subsidiaries does Antero Midstream Corporation have?
Antero Midstream Corporation's subsidiaries include Antero Midstream Partners LP, HG Energy II Midstream Holdings, LLC.
Where is Antero Midstream Corporation headquartered?
Antero Midstream Corporation is headquartered in United States of America and employs approximately 604 people. It has been publicly traded since 2017.