AM · Antero Midstream Corp
Price & Indicators
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AI Brief
TL;DR.
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Ask ALVIS about this →Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders BuyIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
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| Adjusted EBITDA non-GAAP | $289M | Q2 2026 | — |
| Adjusted Free Cash Flow after dividends non-GAAP | $80M | Q2 2026 | — |
GAAP → non-GAAP reconciliationGAAP Adjusted Free Cash Flow before dividends $186.43M
-$106.8M Dividends declared (accrual-based)
= Adjusted Free Cash Flow after dividends $79.63M
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| Adjusted Free Cash Flow before dividends non-GAAP | $186M | Q2 2026 | — |
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GAAP → non-GAAP reconciliationGAAP Adjusted EBITDA $288.78M
-$55.68M Interest expense, net
-$46.68M Capital expenditures (accrual-based)
+$0K Current income tax expense
= Adjusted Free Cash Flow before dividends $186.43M
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| Adjusted Net Income non-GAAP | $131M | Q2 2026 | — |
| Capital expenditures | $47M | Q2 2026 | — |
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| Capital expenditures (accrual basis) | 46.68M | Three Months Ended June 30, 2026 | — |
GAAP → non-GAAP reconciliationGAAP Capital expenditures (as reported on a cash basis) $52.74M
-$6.07M Change in accrued capital costs
= Capital expenditures (accrual basis) $46.68M
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| Capital expenditures (as reported on a cash basis) | 52.74M | Three Months Ended June 30, 2026 | — |
| Centralized compression (MMcf) | 299,283 | Three Months Ended June 30, 2026 | — |
| Centralized compression (MMcf/d) | 3,289 | Three Months Ended June 30, 2026 | — |
| Compression (MMcf) | 367,280 | Three Months Ended June 30, 2026 | — |
| Compression (MMcf/d) | 4,036 | Three Months Ended June 30, 2026 | — |
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| Consolidated net debt | 3.59B | June 30, 2026 | — |
| Fractionation (MBbl) | 3,640 | Three Months Ended June 30, 2026 | — |
| Fresh water delivery ($/Bbl) | $4.44 | Three Months Ended June 30, 2026 | — |
| Fresh water delivery (MBbl) | 7,479 | Three Months Ended June 30, 2026 | — |
| Fresh Water Delivery volumes | 82 | Q2 2026 | — |
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| Gathering ($/Mcf) | $0.37 | Three Months Ended June 30, 2026 | — |
| Gathering (MMcf) | 375,249 | Three Months Ended June 30, 2026 | — |
| Gathering volumes | 4.1 | Q2 2026 | — |
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| High pressure gathering (MMcf) | 271,748 | Three Months Ended June 30, 2026 | — |
| High pressure gathering (MMcf/d) | 2,986 | Three Months Ended June 30, 2026 | — |
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| Joint Venture Fractionation volumes | 40 | Q2 2026 | — |
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| Joint Venture Processing volumes | 1.6 | Q2 2026 | — |
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| Other water handling (MBbl/d) | 136 | Three Months Ended June 30, 2026 | — |
| Processing (MMcf) | 151,217 | Three Months Ended June 30, 2026 | — |
| Processing (MMcf/d) | 1,662 | Three Months Ended June 30, 2026 | — |
| Share repurchase program remaining capacity | $310M | Q2 2026 | — |
| Shares repurchased | 0.4M | Q2 2026 | — |
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| Well pad compression (MMcf) | 67,997 | Three Months Ended June 30, 2026 | — |
| Well pad compression (MMcf/d) | 747 | Three Months Ended June 30, 2026 | — |
| Wells serviced by fresh water delivery | 21 | Three Months Ended June 30, 2026 | — |
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| Centralized Compression volumes | 3,370 | Q1 2026 | — |
| Wells connected to gathering system | 20 | Q1 2026 | — |
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| Gross Joint Venture Fractionation (MBbl/d) | 40 | Q4 2025 | — |
| Gross Joint Venture Processing (MMcf/d) | 1,695 | Q4 2025 | — |
| Low Pressure Gathering (MMcf/d) | 3,435 | Q4 2025 | — |
| Total shares purchased under repurchase program | 9.4M | Full Year 2025 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Oil & Gas Midstream — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
AM
this stock
Antero Midstream Corp
|
$10.77B | +26.0% | +7.4% | 27.0 | 2.1% |
|
ENB
Enbridge Inc
|
$109.64B | +5.1% | — | — | 1.4% |
|
WMB
Williams Companies, Inc.
|
$91.90B | +21.8% | +13.8% | 29.9 | 2.2% |
|
EPD
Enterprise Products Partners L.P.
|
$82.68B | +18.9% | -6.4% | — | 0.8% |
|
ET
Energy Transfer LP
|
$73.22B | +28.4% | +3.5% | — | 0.8% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| AM | +0.8% | -1.9% | +0.3% | +2.1% | +26.0% |
| SPY | -0.4% | +2.9% | +11.6% | +3.0% | +12.8% |
| vs SPY | +1.3% | -4.8% | -11.3% | -0.9% | +13.3% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.