Antero Midstream Q3 2024 Earnings Report
Key Takeaways
Antero Midstream reported a net income of $100 million, or $0.21 per diluted share, and generated $40 million of free cash flow after dividends, a 32% increase year-over-year. The company also appointed Jeffrey Muñoz to its Board of Directors.
Generated $40 million of Free Cash Flow after dividends, a 32% increase from last year.
Low pressure gathering volumes averaged 3,277 MMcf/d, a 1% decrease compared to the prior year quarter.
Capital expenditures were $56 million.
Jeffrey Muñoz has been appointed to the Board of Directors.
Antero Midstream
Antero Midstream
Antero Midstream Revenue by Segment
Forward Guidance
Antero Midstream is adjusting its 2024 net income, adjusted net income, and interest expense guidance, driven primarily by increased interest expense as a result of higher interest rates and other non-cash items related to the refinancing of senior notes and credit facility in 2024. All other guidance ranges remain unchanged.
Revenue & Expenses
Visualization of income flow from segment revenue to net income