Antero Midstream (NYSE:AM) Stock Price Crosses Above 50 Day Moving Average After Earnings Miss

Key Points

• Antero Midstream shares rose 3.7% and crossed above their 50-day moving average, trading as high as $21.92 after the quarterly report.
• Third-quarter revenue increased 10.9% year over year to $327.0 million, but EPS of $0.28 and revenue both missed analyst expectations.
• The company declared a quarterly dividend of $0.225 per share, equivalent to a 4.2% yield, while management projects double-digit EBITDA growth in 2027 and is advancing the $200 million–$300 million East Side Express project.

Antero Midstream Corporation (NYSE:AM - Get Free Report) crossed above its fifty day moving average during trading on Thursday following a better than expected earnings announcement. The stock has a fifty day moving average of $21.37 and traded as high as $21.92. Antero Midstream shares last traded at $21.5210, with a volume of 6,032,385 shares changing hands.

The pipeline company reported $0.28 earnings per share for the quarter, missing analysts' consensus estimates of $0.30 by ($0.02). Antero Midstream had a return on equity of 34.66% and a net margin of 53.45%. The firm had revenue of $327.02 million for the quarter, compared to the consensus estimate of $340.62 million. During the same period last year, the company posted $0.24 EPS. The business's revenue was up 10.9% on a year-over-year basis.

Antero Midstream Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 11th. Stockholders of record on Wednesday, October 28th will be issued a $0.2250 dividend. The ex-dividend date of this dividend is Wednesday, October 28th. This represents a $0.90 annualized dividend and a dividend yield of 4.2%. Antero Midstream's dividend payout ratio is presently 107.14%.

More Antero Midstream News

Here are the key news stories impacting Antero Midstream this week:

• Positive Sentiment: Management projected double-digit EBITDA growth in 2027, supported by continued production and midstream activity from Antero Resources. The company is also advancing the East Side Express project, which is expected to require approximately $200 million to $300 million of investment and could provide additional long-term infrastructure growth. Antero Midstream projects double-digit 2027 EBITDA growth while advancing East Side Express plan
• Positive Sentiment: Third-quarter revenue rose 10.9% year over year to $327.0 million, while earnings increased from $0.24 to $0.28 per share. The results indicate continued operating growth despite falling short of analyst expectations. Antero Midstream Q3 Adjusted Earnings, Revenue Rise
• Positive Sentiment: A favorable litigation outcome was another supportive development, potentially reducing a source of uncertainty for investors. Antero Midstream Q3 2026: Litigation Win Masks an Earnings Miss
• Neutral Sentiment: The company reported third-quarter results and updated its full-year guidance, giving investors additional visibility into expected 2026 performance; the precise guidance changes will be important for valuation. Antero Midstream Corporation reports third quarter 2026 results and updates full year guidance
• Negative Sentiment: Adjusted EPS of $0.28 missed the consensus estimate of $0.30, and revenue of $327.0 million was below the $340.6 million forecast. The shortfall may limit near-term upside until management demonstrates stronger execution against expectations. Antero Midstream Q3 Revenue Miss

Analyst Ratings Changes

Several equities research analysts recently issued reports on AM shares. The Goldman Sachs Group set a $24.00 price objective on Antero Midstream in a research note on Tuesday, July 14th. Weiss Ratings downgraded Antero Midstream from a "buy (b+)" rating to a "buy (b)" rating in a research report on Friday, October 2nd. Capital One Financial upgraded shares of Antero Midstream from an "equal weight" rating to an "overweight" rating and set a $25.00 price objective on the stock in a research report on Tuesday, September 22nd. UBS Group decreased their price objective on shares of Antero Midstream from $24.00 to $22.00 and set a "neutral" rating on the stock in a research report on Monday, September 21st. Finally, Zacks Research downgraded shares of Antero Midstream from a "hold" rating to a "strong sell" rating in a research note on Monday, October 19th. Two equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and an average price target of $24.20.

Insider Transactions at Antero Midstream

In other Antero Midstream news, Director Brooks Klimley sold 5,000 shares of Antero Midstream stock in a transaction dated Thursday, August 6th. The stock was sold at an average price of $21.27, for a total transaction of $106,350.00. Following the completion of the sale, the director owned 68,204 shares of the company's stock, valued at $1,450,699.08. The trade was a 6.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Sheri Pearce sold 16,000 shares of the stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $22.01, for a total value of $352,160.00. Following the transaction, the insider owned 83,900 shares in the company, valued at $1,846,639. This trade represents a 16.02% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 1.10% of the company's stock.

Institutional Trading of Antero Midstream

A number of hedge funds have recently bought and sold shares of the company. BlackRock Inc. bought a new stake in shares of Antero Midstream during the 2nd quarter valued at about $869,045,000. Bank of New York Mellon Corp increased its position in shares of Antero Midstream by 11.2% during the first quarter. Bank of New York Mellon Corp now owns 9,129,288 shares of the pipeline company's stock valued at $208,148,000 after buying an additional 920,948 shares during the period. Kayne Anderson Capital Advisors LP bought a new position in Antero Midstream in the second quarter worth about $49,883,000. Connor Clark & Lunn Investment Management Ltd. bought a new position in Antero Midstream in the second quarter worth about $46,007,000. Finally, RR Advisors LLC purchased a new stake in Antero Midstream in the second quarter worth about $34,435,000. Institutional investors own 53.97% of the company's stock.

Antero Midstream Stock Up 3.7%

The company's fifty day simple moving average is $21.37 and its 200 day simple moving average is $21.53. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 1.83. The firm has a market capitalization of $10.22 billion, a PE ratio of 15.16 and a beta of 0.72.

About Antero Midstream

Antero Midstream Corporation NYSE: AM owns, operates and develops midstream energy infrastructure that supports natural gas, natural gas liquids and oil production. The company's services include gathering and compression, water handling and other infrastructure activities that help producers transport hydrocarbons from well sites to processing and takeaway facilities.

Antero Midstream primarily serves Antero Resources' operations in the Appalachian Basin, particularly in West Virginia and Ohio.

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