Antero Midstream
About: Antero Midstream Corp is a midstream company that owns, operates, and develops midstream energy infrastructure services and production activity in the Appalachian Basin's Marcellus Shale and Utica Shale located in West Virginia and Ohio. The company has two operating segments; the Gathering and Processing segment includes a network of gathering pipelines and compressor stations that collect and process production from Antero Resources wells in West Virginia and Ohio and the Water Handling segment includes two independent systems that deliver water from sources including the Ohio River, local reservoirs and several regional waterways. It derives a majority of its revenue from the Gathering and Processing segment.
Employees: 604
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
380% more call options, than puts
Call options by funds: $30.8M | Put options by funds: $6.42M
59% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 34
5% more capital invested
Capital invested by funds: $3.68B [Q1] → $3.88B (+$202M) [Q2]
5% more funds holding
Funds holding: 395 [Q1] → 415 (+20) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 4 [Q1] → 4 (+0) [Q2]
9% less repeat investments, than reductions
Existing positions increased: 136 | Existing positions reduced: 149
207.37% less ownership
Funds ownership: 262.11% [Q1] → 54.74% (-207.37%) [Q2]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Morgan Stanley Devin McDermott 48% 1-year accuracy 11 / 23 met price target | 6%upside $16 | Underweight Maintained | 27 Aug 2024 |
Financial journalist opinion
Based on 6 articles about AM published over the past 30 days