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Antero Midstream Corp - AM STOCK NEWS

Welcome to our dedicated news page for Antero Midstream (Ticker: AM), a resource for investors and traders seeking the latest updates and insights on Antero Midstream.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Antero Midstream's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Antero Midstream's position in the market.

Rhea-AI Summary
Antero Midstream (NYSE: AM) announced its first quarter 2024 financial results, showcasing growth in gathering and processing volumes, record net income, and substantial free cash flow generation. Key highlights include a 4% and 6% increase in gathering and processing volumes, respectively, compared to the prior year quarter, a record net income of $104 million, and a 62% increase in free cash flow after dividends. Adjusted EBITDA grew by 10%, while capital expenditures decreased by 11%. Leverage declined from 3.3x to 3.1x, showing strong financial management. Antero Midstream's integrated planning and development program in Appalachia contributed to these impressive results.
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End-of-Day
1.5%
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Rhea-AI Summary
Antero Resources (NYSE: AR) announces its first quarter 2024 financial and operating results, showcasing an increase in production, liquids volumes, and net income. The company achieved record completion stages and drilling accomplishments, expanded gas certification, and established a commercial agreement for LPG cookstoves in Ghana. Financially, Antero improved its capital efficiency and achieved positive Free Cash Flow despite lower natural gas prices. The company's focus on liquids development and reduction in maintenance capital expenditures contributed to its financial success.
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Rhea-AI Sentiment
End-of-Day
1.5%
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Rhea-AI Summary
Antero Midstream (AM) declares a cash dividend of $0.225 per share for the first quarter of 2024, with plans to issue its first quarter 2024 earnings on April 24, 2024. The dividend represents the 38th consecutive quarterly payment since its IPO in 2014.
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-0.85%
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Rhea-AI Summary
Antero Resources (NYSE: AR) announced its first quarter 2024 earnings release scheduled for April 24, 2024, with a conference call on April 25, 2024, to discuss financial and operational results. Antero is an independent natural gas company operating in the Appalachian Basin.
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-0.85%
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Rhea-AI Summary
Antero Resources Corporation (NYSE: AR) announces the redemption of its outstanding 4.25% Convertible Senior Notes Due 2026, totaling $26,386,000, at a Redemption Price of $1,003.54 per $1,000 principal amount of Notes. Notes can be converted before April 1, 2024, with a conversion rate of 230.2026 shares of Common Stock per $1,000 principal amount of Notes.
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Rhea-AI Sentiment
End-of-Day
2.47%
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none
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Rhea-AI Summary
Antero Resources Corporation (AR) announced its Q4 2023 financial results, with net production up 6% to 3.4 Bcfe/d and estimated proved reserves at 18.1 Tcfe for 2023. The company expects a transformational 2024 with a reduced maintenance capital budget and benefits from LNG export facility buildouts.
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Rhea-AI Sentiment
End-of-Day
5.98%
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Antero Midstream Corporation (NYSE: AM) reported strong financial performance in Q4 2023 and provided optimistic 2024 guidance. Highlights include a $500 million share repurchase program, increased Net Income, Adjusted EBITDA, and Free Cash Flow.
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Rhea-AI Sentiment
End-of-Day
5.98%
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buyback earnings
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Rhea-AI Summary
Antero Midstream Corporation (NYSE: AM) announced the pricing of its upsized private placement of $600 million in aggregate principal amount of 6.625% senior unsecured notes due 2032 at par. The company estimates receiving net proceeds of approximately $593 million, intending to use them to repay indebtedness under its revolving credit facility for general corporate purposes.
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Rhea-AI Sentiment
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0.49%
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Rhea-AI Summary
Antero Midstream Corporation (NYSE: AM) announced a plan to offer $500 million in senior unsecured notes due 2032 to eligible purchasers, intending to use the net proceeds to repay indebtedness under its revolving credit facility. The company owns, operates, and develops midstream gathering, compression, processing, and fractionation assets in the Appalachian Basin, as well as integrated water assets primarily servicing Antero Resources Corporation's properties.
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End-of-Day
-0.73%
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Rhea-AI Summary
Antero Resources (NYSE: AR) has announced its plans to issue its fourth quarter 2023 earnings release on February 14, 2024, followed by a conference call on February 15, 2024. Antero Resources is an independent natural gas and natural gas liquids company engaged in the acquisition, development, and production of unconventional properties located in the Appalachian Basin in West Virginia and Ohio. The company, in conjunction with its affiliate, Antero Midstream (NYSE: AM), is one of the most integrated natural gas producers in the U.S.
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Rhea-AI Sentiment
End-of-Day
-0.73%
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Antero Midstream Corp

NYSE:AM

AM Rankings

AM Stock Data

6.52B
337.81M
29.67%
54.53%
2.86%
Pipeline Transportation of Natural Gas
Transportation and Warehousing
Link
United States
Denver

About AM

antero midstream partners lp owns, develops, and operates midstream energy infrastructure in the united states. the company operates through two segments, gathering and processing, and water handling and treatment. the gathering and processing segment operates a network of gathering pipelines and compressor stations to collect and process production from antero resources' wells in west virginia and ohio. this segment also provides processing and fractionation services. the water handling and treatment segment delivers fresh water from the ohio river, local reservoirs, and other regional waterways, as well as operates waste water treatment facilities. this segment also provides fluid handling services that include high rate transfer, and waste water treatment and disposal services. antero midstream partners gp llc serves as the general partner of the company. antero midstream partners lp was founded in 2013 and is headquartered in denver, colorado. antero midstream partners lp operates