Antero Midstream Earnings Reports

Antero Midstream reported strong Q4 2024 results with a 10.5% YoY increase in revenue, driven by higher fresh water delivery volumes. Net income grew 10.7%, while free cash flow after dividends surged 91% due to lower capital expenditures.

Antero Midstream reported a net income of $100 million, or $0.21 per diluted share, and generated $40 million of free cash flow after dividends, a 32% increase year-over-year. The company also appointed Jeffrey Muñoz to its Board of Directors.

Antero Midstream reported Q2 2024 revenues of $270 million and net income of $86 million, or $0.18 per diluted share. The company closed on a strategic bolt-on acquisition and increased Free Cash Flow after dividends by 41% year-over-year. They also improved their balance sheet by refinancing senior notes and extending the credit facility to 2029.

Antero Midstream announced strong first quarter 2024 results, featuring double-digit Adjusted EBITDA growth and a significant increase in Free Cash Flow after dividends. The company reduced its leverage and is on track to achieve its 3.0x leverage target in 2024.

Antero Midstream reported strong Q4 2023 results with double-digit year-over-year throughput and Adjusted EBITDA growth. The company's capital investment strategy resulted in an 18% Return on Invested Capital in 2023. A new $500 million share repurchase program was authorized.

Antero Midstream reported strong Q3 2023 results, with double-digit throughput growth and consistent Free Cash Flow generation. The company's leverage declined to 3.4x, and it anticipates further debt reduction and potential shareholder returns in 2024.

Antero Midstream announced strong second quarter 2023 financial and operational results, with a 10% year-over-year increase in Adjusted EBITDA and the fourth consecutive quarter of generating Free Cash Flow after dividends. The company's leverage ratio decreased to 3.5x, positioning it well to achieve its 2023 guidance and its leverage target of 3.0x or less in 2024.

Antero Midstream announced its first quarter 2023 financial results, with revenues of $259 million and net income of $87 million, or $0.18 per diluted share. Adjusted EBITDA was $242 million, a 16% increase compared to the prior year quarter. Free Cash Flow after dividends was $46 million, an $84 million improvement from the first quarter of 2022.

Antero Midstream reported strong Q4 2022 results with increased low pressure gathering and compression volumes, driven by operational efficiency and strategic acquisitions. Adjusted EBITDA increased by 9% compared to the prior year quarter, and the company generated Free Cash Flow after dividends for the second consecutive quarter. The company is focused on reducing debt and leverage in 2023.

Antero Midstream Corporation reported a revenue of $231 million for Q3 2022. The company generated $30 million of Free Cash Flow after dividends and closed the acquisition of Marcellus gathering and compression assets.

Antero Midstream reported revenues of $229 million and net income of $79 million, or $0.17 per share for the second quarter of 2022. The company successfully placed on line the Castle Peak compressor station and is focusing on debt and leverage reduction.

Antero Midstream reported first quarter 2022 revenues of $218 million. Net Income was $80 million, or $0.17 per share. Adjusted EBITDA was $209 million and capital expenditures were $95 million.

Antero Midstream reported Q4 2021 revenues of $234 million and net income of $79 million, with adjusted EBITDA increasing by 5% year-over-year to $213 million. The company's capital expenditures increased significantly to $80 million, impacting free cash flow after dividends, which resulted in a $19 million deficit.

Antero Midstream Corporation reported Q3 2021 revenues of $225 million and net income of $89 million, or $0.19 per share. Adjusted EBITDA was $219 million. Capital expenditures were $81 million and Free Cash Flow after dividends was a $13 million deficit.

Antero Midstream reported a strong second quarter with year-over-year growth in volumetric throughput and Free Cash Flow. The company's focus on operating expense and capital efficiencies, along with high asset utilization rates, contributed to the positive results. Adjusted Net Income per share was $0.23, a 10% increase compared to the prior year quarter. Free Cash Flow after dividends was $3 million compared to a deficit of $40 million in the prior year quarter.

Antero Midstream reported a strong operational quarter with a focus on cost reductions and capital discipline, leading to the generation of $146 million in Free Cash Flow before dividends and Free Cash Flow after dividends. Revenues were $224 million, and net income was $83 million, or $0.17 per share.

Antero Midstream Corporation announced its fourth quarter 2020 financial and operational results, 2021 capital budget and guidance based on Antero Resources' recently announced 2021 development plan and drilling partnership, and return of capital policy. The company reported a net income of $76 million, or $0.16 per share, and an adjusted EBITDA of $203 million.

Antero Midstream reported record volumes in Q3 2020, driven by Antero Resources' record production and focus on cost reductions. The company increased its Adjusted EBITDA guidance and decreased its capital budget, resulting in an increase in Free Cash Flow guidance.

Antero Midstream reported a strong quarter with increased gathering and compression volumes. The company reduced its capital budget and increased its Free Cash Flow guidance. Net income was $88 million, or $0.19 per share, a 36% increase compared to the prior year quarter. Adjusted EBITDA was $201 million, a 2% decline compared to the prior year quarter.

Antero Midstream reported a net loss of $(393) million, or $(0.81) per share, and adjusted EBITDA of $217 million, a 7% increase compared to the prior year quarter. The company announced further reductions to its capital budget that result in a 65% decrease year-over-year in capital expenditures.

Antero Midstream reported a net loss of $(144) million, or $(0.29) per share, for the fourth quarter of 2019. Adjusted Net Income was $177 million, or $0.35 per share, representing a 3% increase compared to the prior year quarter. Adjusted EBITDA was $203 million, a 6% increase compared to the prior year quarter.