AM official logo AM
AM 1-star rating from Upturn Advisory
Antero Midstream Partners LP (AM) company logo

Antero Midstream Partners LP (AM)

Antero Midstream Partners LP (AM) 1-star rating from Upturn Advisory
$17.24
Last Close (24-hour delay)
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PASS
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Upturn Stock price based on last close icon Stock price based on last close
*as per simulation
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Time period over
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Upturn Advisory Summary

11/05/2025: AM (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

Upturn 1 star rating for performance

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

2 star rating from financial analysts

8 Analysts rated it

Limited analyst coverage, niche firm, research info may be scarce.

1 Year Target Price $18.36

1 Year Target Price $18.36

Analysts Price Target For last 52 week
$18.36 Target price
52w Low $13.48
Current$17.24
52w High $19.58

Analysis of Past Performance

Type Stock
Historic Profit 5.32%
Avg. Invested days 49
Today’s Advisory PASS
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 3.0
Stock Returns Performance Upturn Returns Performance icon 2.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 11/05/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 8.21B USD
Price to earnings Ratio 17.59
1Y Target Price 18.36
Price to earnings Ratio 17.59
1Y Target Price 18.36
Volume (30-day avg) 8
Beta 0.8
52 Weeks Range 13.48 - 19.58
Updated Date 11/7/2025
52 Weeks Range 13.48 - 19.58
Updated Date 11/7/2025
Dividends yield (FY) 5.22%
Basic EPS (TTM) 0.98

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Earnings Date

Report Date 2025-10-29
When After Market
Estimate 0.32
Actual 0.27

Profitability

Profit Margin 37.81%
Operating Margin (TTM) 57.81%

Management Effectiveness

Return on Assets (TTM) 7.87%
Return on Equity (TTM) 22.52%

Valuation

Trailing PE 17.59
Forward PE 12.92
Enterprise Value 12321585640
Price to Sales(TTM) 6.57
Enterprise Value 12321585640
Price to Sales(TTM) 6.57
Enterprise Value to Revenue 10.06
Enterprise Value to EBITDA 12.09
Shares Outstanding 476275000
Shares Floating 332587595
Shares Outstanding 476275000
Shares Floating 332587595
Percent Insiders 30.56
Percent Institutions 58.91

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

Antero Midstream Partners LP

Antero Midstream Partners LP(AM) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

Antero Midstream Partners LP (now Antero Midstream Corporation) was formed in 2013 by Antero Resources Corporation to own, operate, and develop midstream energy infrastructure. It has grown significantly through infrastructure development and acquisitions in the Appalachian Basin.

Company business area logo Core Business Areas

  • Gathering and Processing: This segment includes gathering pipelines and processing plants that collect and process natural gas and natural gas liquids (NGLs) produced by Antero Resources and other producers.
  • Water Handling: This segment provides services related to the storage and delivery of water used in hydraulic fracturing operations.

leadership logo Leadership and Structure

The company is led by a board of directors and executive management team. It operates as a corporation (previously a limited partnership) since the simplification transaction with Antero Resources.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • Natural Gas Gathering and Processing: Antero Midstream provides critical infrastructure for natural gas production. Market share data varies regionally within the Appalachian Basin and is difficult to pinpoint an exact percentage. Competitors include Energy Transfer (ET), Williams Companies (WMB), and MPLX LP (MPLX).
  • Water Handling and Treatment: Antero Midstream provides a dedicated water handling infrastructure for fracking operations. Market share data varies regionally. Competitors include Range Resources (RRC) and other regional water management companies.

Market Dynamics

industry overview logo Industry Overview

The midstream energy sector is crucial for transporting and processing oil and natural gas from production sites to end markets. The industry is influenced by commodity prices, production levels, and regulatory changes.

Positioning

Antero Midstream is strategically positioned in the Marcellus and Utica Shale plays, benefiting from its relationship with Antero Resources and a dedicated infrastructure network. Their competitive advantage lies in the integrated nature of their services and strong relationship with a major producer.

Total Addressable Market (TAM)

The TAM for midstream services in the Appalachian Basin is estimated to be in the billions of dollars. Antero Midstream is well-positioned to capture a significant share of this market due to its strategic assets and established relationships.

Upturn SWOT Analysis

Strengths

  • Strong relationship with Antero Resources
  • Strategic asset base in the Marcellus and Utica Shale plays
  • Integrated midstream service offerings
  • Predictable cash flows from long-term contracts

Weaknesses

  • Concentration of revenue from Antero Resources
  • Exposure to commodity price fluctuations
  • Regulatory risks associated with pipeline operations
  • Dependence on Antero Resource's production levels

Opportunities

  • Expansion of infrastructure to support growing production
  • Acquisition of smaller midstream assets
  • Development of new water handling and treatment technologies
  • Increased demand for natural gas in domestic and international markets

Threats

  • Decline in natural gas prices
  • Increased competition from other midstream operators
  • Environmental regulations and permitting delays
  • Reduced drilling activity by Antero Resources

Competitors and Market Share

Key competitor logo Key Competitors

  • ET
  • WMB
  • MPLX

Competitive Landscape

Antero Midstream benefits from its relationship with Antero Resources, but it faces competition from larger, more diversified midstream companies. Competitiveness depends on operational efficiency, geographic advantages, and service offerings.

Major Acquisitions

Canaan Water Services

  • Year: 2018
  • Acquisition Price (USD millions): 555
  • Strategic Rationale: Expanded water handling capabilities and geographic footprint.

Growth Trajectory and Initiatives

Historical Growth: Antero Midstream's growth has been driven by increased production from Antero Resources and strategic acquisitions. Historical growth rates vary depending on the period analyzed.

Future Projections: Analyst estimates for Antero Midstream's future growth depend on various factors, including commodity prices, production levels, and regulatory changes. Specific data will be obtained in a future iteration.

Recent Initiatives: Recent initiatives may include infrastructure expansions, acquisitions, and cost reduction programs. Specific information will be obtained and updated accordingly.

Summary

Antero Midstream is a key player in the Appalachian Basin's midstream sector, underpinned by its close ties to Antero Resources. Its strength lies in its integrated service offerings and strategically located assets. However, its reliance on Antero Resources and exposure to commodity price fluctuations are risks to watch. Future growth hinges on expanding infrastructure and diversifying its customer base.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • Company Filings (SEC)
  • Analyst Reports
  • Industry Publications
  • Financial News Websites

Disclaimers:

This analysis is for informational purposes only and should not be considered financial advice. Market conditions and company performance are subject to change. Data might have minor inaccuracies or time delays.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

Information icon warning about potential inaccuracies or hallucinations in Upturn AI-generated summaries AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Antero Midstream Partners LP

Exchange NYSE
Headquaters Denver, CO, United States
IPO Launch date 2014-11-05
President CEO & Director Mr. Michael N. Kennedy
Sector Energy
Industry Oil & Gas Midstream
Full time employees 616
Full time employees 616

Antero Midstream Corporation owns, operates, and develops midstream energy assets in the Appalachian Basin. It operates in two segments, Gathering and Processing, and Water Handling. The Gathering and Processing segment includes a network of gathering pipelines, compressor stations, and processing and fractionation plants that collects and processes natural gas and NGLs from Antero Resources' wells in West Virginia and Ohio. The Water Handling segment delivers water from sources, including the Ohio River, local reservoirs, and various regional waterways; uses water handling systems to transport flowback and produced water; and offers pumping stations, water storage, and blending facilities. The company was founded in 2002 and is headquartered in Denver, Colorado.