Antero Midstream Financials

AM Stock  USD 15.77  0.01  0.06%   
Based on the analysis of Antero Midstream's profitability, liquidity, and operating efficiency, Antero Midstream Partners may be sliding down financialy. It has an above-average risk of going through some form of financial distress next quarter. At this time, Antero Midstream's Deferred Long Term Liabilities is very stable compared to the past year. As of the 25th of November 2024, Non Currrent Assets Other is likely to grow to about 11.4 M, while Total Current Liabilities is likely to drop about 74.3 M. Key indicators impacting Antero Midstream's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio1.061.4933
Way Down
Slightly volatile
Current Ratio0.580.9451
Way Down
Pretty Stable
Investors should never underestimate Antero Midstream's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Antero Midstream's cash flow, debt, and profitability to make informed and accurate decisions about investing in Antero Midstream Partners.

Cash And Equivalents

0.0

  
Understanding current and past Antero Midstream Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Antero Midstream's financial statements are interrelated, with each one affecting the others. For example, an increase in Antero Midstream's assets may result in an increase in income on the income statement.

Antero Midstream Stock Summary

Antero Midstream competes with EnLink Midstream, Western Midstream, Plains GP, Plains All, and Hess Midstream. Antero Midstream Corporation owns, operates, and develops midstream energy infrastructure. The company was incorporated in 2013 and is headquartered in Denver, Colorado. Antero Midstream operates under Oil Gas Midstream classification in the United States and is traded on New York Stock Exchange. It employs 519 people.
Specialization
Energy, Oil & Gas Midstream
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS03676B1026
CUSIP03676B102 03675Y103
LocationColorado; U.S.A
Business Address1615 Wynkoop Street,
SectorOil, Gas & Consumable Fuels
IndustryEnergy
BenchmarkDow Jones Industrial
Websitewww.anteromidstream.com
Phone303 357 7310
CurrencyUSD - US Dollar

Antero Midstream Key Financial Ratios

Antero Midstream Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets6.3B5.6B5.5B5.8B5.7B6.0B
Other Current Liab232.3M80.6M85.0M73.6M92.0M64.4M
Accounts Payable9.8M13.4M23.6M22.9M4.5M4.2M
Total Liab3.1B3.2B3.3B3.6B3.6B3.8B
Other Assets117.7M2.3B12.7M12.0M(118.1M)(112.2M)
Net Tangible Assets1.1B990.8M929.9M906.2M1.0B681.4M
Cash1.2M640K0.066K59.4K56.4K
Other Current Assets1.7M1.5M920K1.3M1.5M986.3K
Total Current Assets108.6M93.9M83.8M89.0M91.1M60.2M
Common Stock4.8M4.8M4.8M4.8M4.8M4.6M
Net Debt2.9B3.1B3.1B3.4B3.2B1.9B
Long Term Debt Total2.9B3.1B3.1B3.4B3.9B2.0B
Net Invested Capital6.0B5.5B5.4B5.6B6.4B4.1B
Net Working Capital(133.5M)(74K)(30.2M)(13.1M)(15.0M)(15.8M)

Antero Midstream Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense110.4M147.0M44.4M189.9M217.2M228.1M
Total Revenue849.6M971.4M234.2M990.7M1.1B1.2B
Cost Of Revenue348.4M344.8M84.3M382.7M213.2M211.8M
Gross Profit501.2M626.5M149.9M608.0M899.3M944.2M
Operating Income422.9M645.4M128.5M539.5M611.9M323.0M
Ebit422.9M(31.2M)624.0M633.7M618.0M321.3M
Income Before Tax(457.6M)(178.2M)107.2M443.7M500.1M525.1M
Net Income(355.1M)(122.5M)78.6M326.2M371.8M390.4M
Income Tax Expense(102.5M)(55.7M)28.6M117.5M128.3M134.7M
Ebitda575.4M148.4M803.9M836.3M824.9M465.5M
Tax Provision(102.5M)(55.7M)117.1M117.5M130.1M136.6M
Net Interest Income(110.4M)(147.0M)(175.3M)(189.9M)(217.7M)(206.8M)
Interest Income59.1M60.6M84.8M95.7M110.1M58.1M

Antero Midstream Key Cash Accounts

201920202021202220232024 (projected)
Capital Expenditures267.4M157.9M232.8M515.7M184.0M271.7M
Change In Cash(1.6M)(595K)(640K)0.066K69.3K
Net Borrowings525.6M197.7M16.2M234.5M211.0M236.7M
Depreciation148K152.5M179.5M202.4M206.9M125.4M
Dividends Paid496.2M590.2M471.7M433.4M435.4M336.6M
Net Income(355.1M)(122.5M)331.6M326.2M371.8M390.4M
End Period Cash Flow2.8M1.2M640K0.066K62.7K
Change To Netincome746.6M699.4M188.2M159.9M183.9M223.8M
Free Cash Flow355.0M595.5M476.9M184.0M595.1M624.8M
Other Non Cash Items829.9M683.4M63.6M28.7M38.1M36.2M

Antero Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Antero Midstream's current stock value. Our valuation model uses many indicators to compare Antero Midstream value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Antero Midstream competition to find correlations between indicators driving Antero Midstream's intrinsic value. More Info.
Antero Midstream Partners is rated below average in return on equity category among its peers. It is rated fifth in return on asset category among its peers reporting about  0.38  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Antero Midstream Partners is roughly  2.63 . At this time, Antero Midstream's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Antero Midstream by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Antero Midstream Partners Systematic Risk

Antero Midstream's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Antero Midstream volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Antero Midstream Partners correlated with the market. If Beta is less than 0 Antero Midstream generally moves in the opposite direction as compared to the market. If Antero Midstream Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Antero Midstream Partners is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Antero Midstream is generally in the same direction as the market. If Beta > 1 Antero Midstream moves generally in the same direction as, but more than the movement of the benchmark.

Antero Midstream Thematic Clasifications

Antero Midstream Partners is part of several thematic ideas from Basic Utilities to Utilities. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Antero Midstream Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Antero Midstream's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Antero Midstream growth as a starting point in their analysis.

Price Earnings To Growth Ratio

1.29

At this time, Antero Midstream's Price Earnings To Growth Ratio is very stable compared to the past year.

Antero Midstream November 25, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Antero Midstream help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Antero Midstream Partners. We use our internally-developed statistical techniques to arrive at the intrinsic value of Antero Midstream Partners based on widely used predictive technical indicators. In general, we focus on analyzing Antero Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Antero Midstream's daily price indicators and compare them against related drivers.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Antero Midstream Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Antero Midstream. If investors know Antero will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Antero Midstream listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.035
Dividend Share
0.9
Earnings Share
0.8
Revenue Per Share
2.392
Quarterly Revenue Growth
0.021
The market value of Antero Midstream Partners is measured differently than its book value, which is the value of Antero that is recorded on the company's balance sheet. Investors also form their own opinion of Antero Midstream's value that differs from its market value or its book value, called intrinsic value, which is Antero Midstream's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Antero Midstream's market value can be influenced by many factors that don't directly affect Antero Midstream's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Antero Midstream's value and its price as these two are different measures arrived at by different means. Investors typically determine if Antero Midstream is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Antero Midstream's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.