Antero Midstream Q2 2022 Earnings Report
Key Takeaways
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.
Low pressure gathering volumes averaged 2,970 MMcf/d, a 3% increase year-over-year.
Revenues were $229 million, with $175 million from Gathering and Processing and $54 million from Water Handling.
Adjusted EBITDA was $221 million.
Capital expenditures were $70 million, a 1% decrease year-over-year.
Antero Midstream
Antero Midstream
Antero Midstream Revenue by Segment
Forward Guidance
Antero Midstream expects to generate Free Cash Flow after dividends for the foreseeable future and commence progress on goals towards absolute debt reduction and leverage reduction towards 3.0x target.
Revenue & Expenses
Visualization of income flow from segment revenue to net income