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Antero Midstream Corporation 10-Q Filings

AM NYSE

Every 10-Q that Antero Midstream Corporation (AM) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-Q covers the quarterly report filed between annual reports, so if you follow AM and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full AM filings page.

Rhea-AI Summary

Antero Midstream Corporation reported solid mid‑2026 results while reshaping its asset base. For the quarter ended June 30, 2026, revenue was $327,244 thousand and net income was $113,515 thousand, or $0.24 per diluted share. For the first six months of 2026, revenue reached $641,455 thousand, net income was $231,781 thousand and operating cash flow was $492,873 thousand.

Total assets increased to $6,363,815 thousand as of June 30, 2026, driven by the $1.1 billion HG Midstream acquisition, which added gathering and water assets and contributed $61,172 thousand of revenue and $12,403 thousand of net income since closing on February 3, 2026. The company also completed a Utica Shale midstream divestiture for $400 million of cash consideration (about $380 million net), recording a modest gain in 2026 after a prior loss in 2025.

Leverage increased with long‑term debt principal of $3,591,900 thousand, including $341,900 thousand drawn on a $1.25 billion revolver, leaving $908,000 thousand of available capacity. Substantially all revenue continues to come from long‑term gathering, compression and water agreements with Antero Resources, which include $866,310 thousand of minimum future lease cash flows and additional cost‑of‑service water fee commitments. The company paid and declared quarterly common dividends of $0.225 per share and maintains cumulative 5.5% Series A preferred stock dividends.

Rhea-AI Summary

Antero Midstream Corporation reported stable first-quarter 2026 results while executing major portfolio changes. Revenue rose to $314.2 million from $291.1 million a year earlier, and net income was slightly lower at $118.3 million versus $120.7 million, keeping diluted EPS at $0.25.

The company closed the $1.11 billion cash acquisition of HG Energy II Midstream Holdings on February 3, 2026, adding gathering and water assets in West Virginia. It also completed a $400 million Utica Shale midstream divestiture, recording a $3 million gain in the quarter. Operating cash flow increased to $238.6 million, while long-term debt rose to $3.67 billion, including $442.4 million drawn on its credit facility.

In ongoing Clearwater Facility litigation with Veolia Water Technologies, a Colorado district court judgment of about $280 million plus roughly $19 million in attorneys’ fees in favor of an Antero subsidiary has been affirmed on appeal, while aspects of the case are now before the Colorado Supreme Court.

Rhea-AI Summary

Antero Midstream Corporation (AM) reported higher Q3 2025 results. Total revenue rose to $294.8 million from $269.9 million, driven by growth in gathering and compression ($249.8 million) and water handling ($62.7 million before amortization). Net income increased to $116.0 million, or $0.24 per diluted share, compared with $99.7 million, or $0.21 per diluted share, a year ago.

For the first nine months of 2025, revenue reached $891.4 million and net income was $361.2 million, reflecting stronger volumes and steady margins. Operating cash flow was $677.0 million, funding $113.4 million of capital additions and $331.8 million of common dividends.

AM refined its capital structure: it issued $650 million of 5.75% senior notes due 2033 and redeemed $650 million of 5.75% notes due 2027. Long-term debt decreased to $3.01 billion from $3.12 billion at year-end 2024, and Credit Facility borrowings fell to $380 million. Shares outstanding were 476.7 million as of September 30, 2025; 476.3 million were outstanding as of October 24, 2025.