Antero Midstream Q3 2022 Earnings Report
Key Takeaways
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.
Generated $30 million of Free Cash Flow after dividends.
Closed the $205 million bolt-on acquisition of gathering and compression assets in the Marcellus Shale.
Low pressure gathering volumes for the third quarter of 2022 averaged 2,952 MMcf/d, a 3% increase as compared to the prior year quarter.
Capital expenditures were $37 million, a 54% decrease compared to the prior year quarter.
Antero Midstream
Antero Midstream
Antero Midstream Revenue by Segment
Forward Guidance
Antero Midstream expects full year 2022 capital expenditures to be at the low end of the capital budget guidance range of $275 million to $300 million.