Antero Midstream Q1 2021 Earnings Report
Key Takeaways
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.
Generated $146 million of Free Cash Flow before dividends.
Generated Free Cash Flow after dividends.
Low pressure gathering volumes increased by 5% compared to the prior year quarter.
Capital expenditures decreased by 64% compared to the prior year quarter.
Antero Midstream
Antero Midstream
Antero Midstream Revenue by Segment
Forward Guidance
Antero Midstream expects to invest approximately two-thirds of its $240 million to $260 million capital budget in the second and third quarter of 2021.
Revenue & Expenses
Visualization of income flow from segment revenue to net income