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Jun 30, 2024
Antero Midstream Q2 2024 Earnings Report
Antero Midstream announced second quarter 2024 financial and operating results.
Key Takeaways
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.
Revenues were $270 million.
Net Income was $86 million, or $0.18 per diluted share.
Adjusted EBITDA was $255 million, a 5% increase compared to the prior year quarter.
Free Cash Flow after dividends was $43 million, a 41% increase compared to the prior year quarter.
Forward Guidance
No specific forward guidance was provided in the release.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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