Antero Midstream Partners LP is a limited partnership formed by Antero Resources Corporation (Antero Resources) to own, operate and develop midstream energy assets to service Antero Resources' production. The Company's segments include gathering and compression, and water handling and treatment. The gathering and compression segment includes a network of gathering pipelines, compressor stations, and processing and fractionation plants that collect and process natural gas, natural gas liquids (NGLs) and oil from Antero Resources' wells in West Virginia and Ohio. Its water handling and treatment segment includes two independent fresh water distribution systems from sources including the Ohio River, local reservoirs, as well as several regional waterways. The water handling and treatment segment also includes other fluid handling services which includes, high rate transfer, wastewater transportation, disposal and treatment.
Industry, Sector and Symbol:
- Sector: Oils/Energy
- Industry: Natural Gas Pipeline
- Sub-Industry: Housewares & Specialties
- Symbol: NYSE:AM
- CUSIP: 02637510
- Web: www.anteromidstream.com
- Market Cap: $5.53809 billion
- Outstanding Shares: 185,841,000
- 50 Day Moving Avg: $33.76
- 200 Day Moving Avg: $33.21
- 52 Week Range: $24.51 - $35.74
Sales & Book Value:
- Trailing P/E Ratio: 22.50
- Foreward P/E Ratio: 14.41
- P/E Growth: 0.78
- Annual Revenue: $625.05 million
- Price / Sales: 9.08
- Book Value: $7.85 per share
- Price / Book: 3.89
- Annual Dividend: $1.20
- Dividend Yield: 4.0%
- EBIDTA: $409.52 million
- Net Margins: 38.95%
- Return on Equity: 19.78%
- Return on Assets: 10.55%
- Debt-to-Equity Ratio: 0.57%
- Current Ratio: 1.16%
- Quick Ratio: 1.16%
- Average Volume: 422,403 shs.
- Beta: 1.96
- Short Ratio: 10.86
Frequently Asked Questions for Antero Midstream Partners LP (NYSE:AM)
What is Antero Midstream Partners LP's stock symbol?
Antero Midstream Partners LP trades on the New York Stock Exchange (NYSE) under the ticker symbol "AM."
How often does Antero Midstream Partners LP pay dividends? What is the dividend yield for Antero Midstream Partners LP?
Antero Midstream Partners LP declared a quarterly dividend on Monday, April 10th. Shareholders of record on Wednesday, May 3rd will be paid a dividend of $0.30 per share on Wednesday, May 10th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.93%. The ex-dividend date is Monday, May 1st. This is a positive change from Antero Midstream Partners LP's previous quarterly dividend of $0.28. View Antero Midstream Partners LP's Dividend History.
How were Antero Midstream Partners LP's earnings last quarter?
Antero Midstream Partners LP (NYSE:AM) released its quarterly earnings results on Monday, May, 8th. The company reported $0.35 EPS for the quarter, hitting the Thomson Reuters' consensus estimate of $0.35. The company had revenue of $174.77 million for the quarter, compared to analysts' expectations of $184.45 million. Antero Midstream Partners LP had a return on equity of 19.78% and a net margin of 38.95%. View Antero Midstream Partners LP's Earnings History.
Where is Antero Midstream Partners LP's stock going? Where will Antero Midstream Partners LP's stock price be in 2017?
12 brokerages have issued 1-year price objectives for Antero Midstream Partners LP's stock. Their predictions range from $30.00 to $45.00. On average, they anticipate Antero Midstream Partners LP's share price to reach $39.67 in the next twelve months. View Analyst Ratings for Antero Midstream Partners LP.
Who are some of Antero Midstream Partners LP's key competitors?
Some companies that are related to Antero Midstream Partners LP include Cheniere Energy (LNG), Cabot Oil & Gas Corporation (COG), Marathon Oil Corporation (MRO), EQT Corporation (EQT), Targa Resources (TRGP), Western Gas Equity Partners, LP (WGP), YPF Sociedad Anonima (YPF), Cimarex Energy Co (XEC), Buckeye Partners L.P. (BPL), Diamondback Energy (FANG), Encana Corporation (ECA), Braskem S.A. (BAK), Western Gas Partners, LP (WES), EQT GP Holdings, LP (EQGP), Parsley Energy (PE), Antero Resources Corporation (AR), Enable Midstream Partners, LP (ENBL) and LUNDIN PETROLM (LNDNY).
Who are Antero Midstream Partners LP's key executives?
Antero Midstream Partners LP's management team includes the folowing people:
- Paul M. Rady, Chairman of the Board, Chief Executive Officer
- Glen C. Warren Jr., President, Secretary, Director
- Michael N. Kennedy, Chief Financial Officer, Senior Vice President, IR Contact Officer of the general patner
- Kevin J. Kilstrom, Senior Vice President- Production
- Ward D. McNeilly, Senior Vice President-Reserves, Planning and Midstream of midstream management
- Alvyn A. Schopp, Chief Administrative Officer, Regional Vice President of the Midstream Management
- Peter Randall Kagan, Director - Midstream Management
- W. Howard Keenan Jr., Director - Midstream Management
- David A. Peters, Director - Midstream Management
- Richard Webster Connor, Independent Director - Midstream Management
Who owns Antero Midstream Partners LP stock?
Antero Midstream Partners LP's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Goldman Sachs Group Inc. (5.37%), Neuberger Berman Group LLC (0.00%), Chickasaw Capital Management LLC (2.59%), Morgan Stanley (0.00%), Kayne Anderson Capital Advisors LP (0.00%) and OppenheimerFunds Inc. (0.00%). Company insiders that own Antero Midstream Partners LP stock include Michael N Kennedy and Resources Corp Antero. View Institutional Ownership Trends for Antero Midstream Partners LP.
Who sold Antero Midstream Partners LP stock? Who is selling Antero Midstream Partners LP stock?
Antero Midstream Partners LP's stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Credit Suisse AG, Clearbridge Investments LLC, Renaissance Technologies LLC, Bank of Montreal Can, TPH Asset Management LLC, Goldman Sachs Group Inc. and Westwood Holdings Group Inc.. View Insider Buying and Selling for Antero Midstream Partners LP.
Who bought Antero Midstream Partners LP stock? Who is buying Antero Midstream Partners LP stock?
Antero Midstream Partners LP's stock was bought by a variety of institutional investors in the last quarter, including Kayne Anderson Capital Advisors LP, OppenheimerFunds Inc., Atlantic Trust Group LLC, Global X Management Co. LLC, JPMorgan Chase & Co., Eagle Global Advisors LLC, Bank of America Corp DE and Jennison Associates LLC. View Insider Buying and Selling for Antero Midstream Partners LP.
How do I buy Antero Midstream Partners LP stock?
Shares of Antero Midstream Partners LP can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Antero Midstream Partners LP's stock price today?
MarketBeat Community Rating for Antero Midstream Partners LP (NYSE AM)MarketBeat's community ratings are surveys of what our community members think about Antero Midstream Partners LP and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Antero Midstream Partners LP stock can currently be purchased for approximately $30.55.
Consensus Ratings for Antero Midstream Partners LP (NYSE:AM) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||12 Buy Ratings|
|Consensus Rating:||Buy (Score: 3.00)|
|Consensus Price Target: ||$39.67 (29.84% upside)|
Analysts' Ratings History for Antero Midstream Partners LP (NYSE:AM)
(Data available from 6/24/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|5/31/2017||Citigroup Inc.||Reiterated Rating||Buy -> Buy||$41.00||Low|
|5/30/2017||Barclays PLC||Reiterated Rating||Overweight||$40.00||Low|
|5/30/2017||Morgan Stanley||Reiterated Rating||Overweight -> Overweight||$40.00||Low|
|5/30/2017||Credit Suisse Group||Initiated Coverage||Outperform -> Outperform||$44.00||Low|
|5/29/2017||Mitsubishi UFJ Financial Group||Initiated Coverage||Buy||$30.00||Low|
|5/29/2017||Goldman Sachs Group, Inc. (The)||Initiated Coverage||Buy -> Buy||$45.00||Low|
|5/22/2017||Scotiabank||Set Price Target||Buy||$44.00||Low|
|3/30/2017||Capital One Financial Corporation||Initiated Coverage||Overweight||Low|
|1/8/2017||Ladenburg Thalmann Financial Services||Set Price Target||Buy||$41.00||N/A|
|12/6/2016||Stifel Nicolaus||Upgrade||Hold -> Buy||$31.00 -> $32.00||N/A|
|10/5/2016||Wells Fargo & Company||Upgrade||Market Perform -> Outperform||N/A|
|9/9/2016||Tudor Pickering||Upgrade||Hold -> Buy||N/A|
|6/9/2016||Robert W. Baird||Upgrade||Neutral -> Outperform||$29.00 -> $38.00||N/A|
|5/31/2016||J P Morgan Chase & Co||Boost Price Target||Overweight||$28.00 -> $30.00||N/A|
|5/21/2016||Janney Montgomery Scott||Initiated Coverage||Equal Weight -> Underperform||N/A|
|2/5/2016||JP Morgan Cazenove||Reiterated Rating||Underweight||$19.00 -> $25.00||N/A|
|12/8/2015||Mitsubishi UFJ Financial Group Inc||Reiterated Rating||Overweight||N/A|
|9/21/2015||Raymond James Financial, Inc.||Lower Price Target||Strong-Buy||$33.00 -> $30.00||N/A|
|7/23/2015||DA Davidson||Initiated Coverage||Average -> Buy||$37.00 -> $37.00||N/A|
Earnings History for Antero Midstream Partners LP (NYSE:AM)Earnings History by Quarter for Antero Midstream Partners LP (NYSE AM)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|5/8/2017||Q1 2017||$0.35||$0.35||$184.45 million||$174.77 million||View||Listen|
|2/28/2017||Q4 2016||$0.34||$0.37||$154.70 million||$166.85 million||View||N/A|
|10/26/2016||Q316||$0.34||$0.37||$143.15 million||$150.48 million||View||N/A|
|8/2/2016||Q2||$0.26||$0.27||$140.40 million||$88.09 million||View||N/A|
|4/27/2016||Q1||$0.23||$0.23||$117.60 million||$135.80 million||View||N/A|
|10/28/2015||Q3||$0.12||$0.23||$59.34 million||$81.70 million||View||Listen|
|7/29/2015||Q2||$0.11||$0.13||$52.43 million||$56.59 million||View||Listen|
|4/29/2015||Q1 2015||$0.12||$0.21||$43.67 million||$52.24 million||View||N/A|
|7/10/2013||Q1 2014||$1.04||$470.93 million||$490.60 million||View||N/A|
|12/20/2012||Q3 2013||$0.48||($0.03)||$533.29 million||$506.80 million||View||N/A|
|9/28/2012||Q213||$0.69||($0.13)||$415.66 million||$393.80 million||View||N/A|
|12/22/2010||$0.71||$0.78||$434.04 million||$430.10 million||View||N/A|
Earnings Estimates for Antero Midstream Partners LP (NYSE:AM)
2017 EPS Consensus Estimate: $1.62
2018 EPS Consensus Estimate: $2.82
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Antero Midstream Partners LP (NYSE:AM)
|Most Recent Dividend:||5/10/2017|
|Dividend Growth:||47.90% (3 Year Average)|
|Payout Ratio:||88.24% (Trailing 12 Months of Earnings) |
75.95% (Based on This Year's Estimates)
56.60% (Based on Next Year's Estimates)
Dividend History by Quarter for Antero Midstream Partners LP (NYSE AM)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Antero Midstream Partners LP (NYSE:AM)
Insider Ownership Percentage: 7.91%Insider Trades by Quarter for Antero Midstream Partners LP (NYSE:AM)
Institutional Ownership Percentage: 46.60%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|6/13/2016||Michael N Kennedy||Insider||Sell||13,274||$25.65||$340,478.10|| |
|5/5/2016||Michael N Kennedy||Insider||Sell||2,335||$25.05||$58,491.75|| |
|3/30/2016||Resources Corp Antero||Major Shareholder||Sell||8,000,000||$22.25||$178,000,000.00|| |
|11/10/2014||Alvyn A Schopp||VP||Buy||6,000||$25.00||$150,000.00|| |
|11/10/2014||Glen C Warren Jr||CFO||Buy||40,000||$25.00||$1,000,000.00|| |
|11/10/2014||Richard W Connor||Director||Buy||5,000||$25.00||$125,000.00|| |
Headline Trends for Antero Midstream Partners LP (NYSE:AM)
Latest Headlines for Antero Midstream Partners LP (NYSE:AM)
Antero Midstream Partners LP (AM) Chart for Saturday, June, 24, 2017