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 expects full year 2022 capital expenditures to be at the low end of the capital budget guidance range of $275 million to $300 million.