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Upturn AI Summary - About
Antero Midstream Partners LP(AM)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for AM
09/28/2026: AM (1-star) is currently NOT-A-BUY. Pass it for now.
Antero Midstream Partners LP operates as a midstream energy company providing essential gathering, compression, and water handling services, primarily in the Appalachian Basin. The company benefits from a stable, fee-based contract structure that ensures predictable cash flow, largely supported by its strategic alignment with Antero Resources. Its core strengths include high-density operational assets and a disciplined focus on deleveraging the balance sheet. While it faces risks related to geographic and customer concentration, the company is well-positioned for modest growth as regional production evolves. It generally suits dividend-focused and value-oriented investors seeking stable, infrastructure-backed yields rather than high-growth momentum, and investors should monitor drilling activity and regulatory updates.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | The company offers moderate growth potential linked to regional production rather than aggressive expansion. |
| Momentum investor | Weak fit | This is a stable, income-oriented infrastructure stock rather than a high-momentum play. |
| Value investor | Strong fit | The valuation is often supported by consistent cash flow generation and dividend yield. |
| Dividend investor | Strong fit | Reliable cash flows from long-term contracts support a consistent dividend payout. |
| Low-risk investor | Strong fit | The fee-based revenue model reduces direct exposure to volatile commodity prices. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | Low | Fixed-fee contracts insulate the company from daily commodity price swings. |
| Valuation risk | Medium | Valuation is sensitive to interest rate environments and yield-seeking demand. |
| Competition risk (energy infrastructure) | Medium | Regional competition for gathering volumes can pressure contract renewals. |
| Business quality | Strong | The high-density Appalachian asset base provides strong operational moats. |
| Dividend income | Strong | Stable cash flows provide high visibility into dividend sustainability. |
| Execution risk | Medium | Project completion depends on regulatory approvals and construction efficiency. |
Price Behavior
Rolling Over
The price momentum is slowing down and beginning to turn downward.
Smooth
The stock has moved along a generally orderly path with only modest fluctuations.
Analysis of Past Performance
Type Stock | Historic Profit -9.49% | Avg. Invested days 38 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 09/28/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 9.93B USD | Price to earnings Ratio 25.22 | 1Y Target Price 24 |
Price to earnings Ratio 25.22 | 1Y Target Price 24 | ||
Volume (30-day avg) 2.5M shares | Beta 0.63 | 52 Weeks Range 16.41 - 23.35 | Updated Date 09/27/2026 |
52 Weeks Range 16.41 - 23.35 | Updated Date 09/27/2026 | ||
Dividends yield (FY) 4.24% | Basic EPS (TTM) 0.83 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Gathering & Compression | Pipeline transport and compression of gas from Antero Resources wells. | Steady fees are earned based on volume throughput rather than gas prices. |
| Processing & Fractionation | Separating NGLs and removing impurities. | Value-added services that provide consistent, contract-backed revenue. |
| Water Services | Fresh water delivery and wastewater handling for fracking. | High-margin support services integrated into the drilling lifecycle. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Valuation
Trailing PE 25.22 | Forward PE 12.92 | Enterprise Value 13.76B | Price to Sales(TTM) 7.57 |
Enterprise Value 13.76B | Price to Sales(TTM) 7.57 | ||
Enterprise Value to Revenue 10.48 | Enterprise Value to EBITDA 14.15 | Shares Outstanding 474.67M | Shares Floating 329.77M |
Shares Outstanding 474.67M | Shares Floating 329.77M | ||
Percent Insiders 30.63 | Percent Institutions 60.96 |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
About Antero Midstream Partners LP
Exchange NYSE | Headquarters 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 632 | Website https://www.anteromidstream.com |
Full time employees 632 | Website https://www.anteromidstream.com | ||
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 and compressor stations that collect and process 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; other fluid handling services, which include transfer and disposal; uses water handling systems to transport flowback and produced water; and buried pipelines, surface pipelines, and water storage facilities, as well as pumping stations and blending facilities. Antero Midstream Corporation was founded in 2002 and is headquartered in Denver, Colorado.
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