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Antero Midstream Corporation AM Gathering And Compression — Direct Operating Costs

Other segment segments

Water Handling
$40.67M+32.7%

Similar metrics at other companies

Antero Resources logo
ARGathering And Compression — Total Costs & Expenses
$35.46M-47.1%
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ARGathering And Compression — Cost of Goods Sold
$12.4M+25.1%
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DTMGathering — Operation and maintenance
$55M+19.6%
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ARNatural Gas Gathering And Compression — Cost of Goods Sold
$269.11M+14.0%
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ARGathering And Compression — General And Administrative Expense
$12.47M+22.8%
Oneok logo
OKENatural Gas Gathering and Processing — Direct Operating Costs
$245M-4.7%

Other financials

Income statement

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Revenue$314.2M+7.9%
Operating income$188.6M+6.4%
Net income$118.3M-2.0%
EPS (diluted)$0.250.0%

Balance sheet

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Cash & equivalents$180.4M
Total debt$3.7B+19.3%
Total equity$1.9B-7.3%
Total assets$6.4B+11.4%

Cash flow

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Operating cash flow$238.6M+19.9%
CapEx$68.6M+2,286,100%
Free cash flow$232.7M+11.7%

Valuation

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Market cap$10.31B+25.2%
P/E25.1×+5.4×
P/S8.5×+1.1×

Profitability

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Operating margin54.2%-5.8pp
Net margin33.9%-3.5pp
FCF margin70%-4.8pp

Returns & leverage

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Return on equity20.4%+0.7pp
Debt / equity1.9×+0.4×
Current ratio-0.4×

Where this comes from

Reported directly by Antero Midstream Corporation in its filing.

Tagged under the XBRL concept us-gaap:DirectOperatingCosts.

The official record: Antero Midstream Corporation’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Antero Midstream Corporation's gathering and compression — direct operating costs?
Antero Midstream Corporation (AM) reported gathering and compression — direct operating costs of $30.03M in Q1 2026.
How has Antero Midstream Corporation's gathering and compression — direct operating costs changed year-over-year?
Antero Midstream Corporation's gathering and compression — direct operating costs increased by 14.6% year-over-year, from $26.19M to $30.03M.
What is the long-term trend for Antero Midstream Corporation's gathering and compression — direct operating costs?
Over 4 years (2021 to 2025), Antero Midstream Corporation's gathering and compression — direct operating costs has grown at a 13.1% compound annual growth rate (CAGR), from $65.98M to $107.85M.
What does gathering and compression — direct operating costs mean?
The direct costs required to keep gathering and compression equipment running.
How do you interpret gathering and compression — direct operating costs?
Rising costs relative to revenue may indicate operational inefficiencies or inflationary pressure on maintenance.
How does gathering and compression — direct operating costs compare across companies?
Standard operating expense category for midstream infrastructure companies.