Overview
Midstream service provider's Q4 revenue beat analyst expectations
Adjusted EBITDA for Q4 beat analyst expectations
Company repurchased 2.7 mln shares for $48 mln
Outlook
Antero Midstream forecasts 2026 net income of $485 to $535 mln
Company expects 2026 adjusted EBITDA of $1.19 to $1.24 bln
Antero Midstream projects 2026 capital expenditures of $190 to $220 mln
Result Drivers
VOLUME INCREASE - Low pressure gathering and compression volumes rose by 5% compared to the prior year quarter, supporting revenue growth
SHARE REPURCHASES - Company repurchased 2.7 mln shares for $48 mln, reflecting a strategic focus on returning capital to shareholders
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Revenue | Beat | $297 mln | $291.82 mln (3 Analysts) |
Q4 Adjusted Net Income | Beat | $133 mln | $117.44 mln (2 Analysts) |
Q4 Net Income | $52 mln | ||
Q4 Adjusted EBITDA | Beat | $285 mln | $281.01 mln (7 Analysts) |
Q4 Capex | $45 mln |
Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 6 "hold" and 2 "sell" or "strong sell"
The average consensus recommendation for the oil & gas transportation services peer group is "buy."
Wall Street's median 12-month price target for Antero Midstream Corp is $19.50, about 2% below its February 10 closing price of $19.90
The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 15 three months ago
Press Release: ID:nPn8QcsvKa
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)