Antero Midstream (AM) Expected to Announce Earnings on Wednesday

Antero Midstream (NYSE:AM) is anticipated to release its earnings data after the market closes on Wednesday, February 12th. Analysts expect Antero Midstream to post earnings of $0.24 per share and revenue of $273.09 million for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

Antero Midstream Trading Up 0.3 %

NYSE:AM opened at $16.15 on Tuesday. The business’s 50-day moving average is $15.60 and its two-hundred day moving average is $15.15. The firm has a market capitalization of $7.78 billion, a PE ratio of 19.94 and a beta of 2.31. Antero Midstream has a 12 month low of $11.58 and a 12 month high of $16.86. The company has a debt-to-equity ratio of 1.49, a current ratio of 1.09 and a quick ratio of 1.09.

Antero Midstream Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, February 12th. Investors of record on Wednesday, January 29th will be issued a dividend of $0.225 per share. The ex-dividend date is Wednesday, January 29th. This represents a $0.90 annualized dividend and a dividend yield of 5.57%. Antero Midstream’s payout ratio is currently 111.11%.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the company. Wells Fargo & Company cut Antero Midstream from an “overweight” rating to an “equal weight” rating and set a $16.00 price target for the company. in a report on Wednesday, December 18th. StockNews.com upgraded shares of Antero Midstream from a “hold” rating to a “buy” rating in a research note on Tuesday, February 4th.

Antero Midstream Company Profile

Antero Midstream Corporation owns, operates, and develops midstream energy assets in the Appalachian Basin. It operates in two segments, Gathering and Processing, and Water Handling. The Gathering and Processing segment includes a network of gathering pipelines and compressor stations that collects and processes production from Antero Resources' wells in West Virginia and Ohio.